NASDAQ$UPWK

Upwork Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Headline financials

Total Revenue

$87.5M

Previous: $74.3M+17.9%
EPS (adj)

-$0.09

Previous: $0.01-1000.0%
Gross services volume

$584M

No prior period
Capital Expenditures

-$5.63M

Previous: -$7.44M+24.3%
Free Cash Flow

-$16.7M

Previous: -$9.46M-76.0%
Net Income

-$11M

Previous: -$2.03M-443.9%
Operating Income

-$11M

Previous: -$2.48M-343.8%
Gross Profit

$62.1M

Previous: $52.7M+18.0%
Cash & Equivalents

$76.8M

Previous: $67.1M+14.4%
Total Assets

$489M

Previous: $449M+8.9%
Stock-Based Comp

$7.13M

No prior period

Revenue & EPS history

Upwork · Revenue · Quarterly

$87.5M

Q2 2020+17.9%vs Q2 2019
Beat estimate in 4 of 11 quarters(36%)
ActualEstimate

Revenue by segment

Upwork · $87.5M total across 2 segments · Q2 2020

  • Marketplace
    $78.5M
  • Enterprise
    $9.07M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

+1.3%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-5.1%

Avg return

30 days after

47%

14 / 30 earnings

Positive

+48.0%

Q3 2020

Best reaction

-19.1%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.1%-20.7%-17.2%
Q4 2025-19.1%-29.6%-36.9%
Q3 2025+13.2%+11.6%+25.3%
Q1 2025+18.0%+26.7%+13.3%
Q4 2024+6.6%+8.6%-18.9%
Q3 2024+12.9%+10.4%+17.9%
Q2 2024-13.2%-16.5%-11.9%
Q1 2024+11.0%+7.9%-9.7%
Q4 2023-0.3%-1.4%-14.1%
Q3 2023+17.3%+21.8%+21.4%
Q2 2023+43.5%+44.6%+49.3%
Q1 2023-9.2%-8.6%-0.2%
Q4 2022-10.3%-11.0%-23.8%
Q3 2022+1.4%+5.0%-8.0%
Q2 2022-14.2%-16.5%-20.8%
Q1 2022+10.0%+15.8%-3.5%
Q4 2021-6.0%-8.7%-16.7%
Q3 2021-15.5%-15.4%-35.1%
Q2 2021-10.8%-10.5%-23.8%
Q1 2021-6.5%-4.1%+3.8%
Q4 2020+3.8%+4.8%-15.5%
Q3 2020+48.0%+42.7%+63.0%
Q2 2020-10.3%-11.7%-13.0%
Q1 2020+4.3%+19.3%+40.0%
Q4 2019+5.0%+1.4%-21.9%
Q3 2019-15.9%-19.5%-26.0%
Q2 2019+10.0%-3.0%-9.0%
Q1 2019-18.6%-20.3%-30.5%
Q4 2018-6.1%-4.1%-19.9%
Q3 2018-6.9%-8.8%-11.9%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017

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