$UPWK
UPWORK, INC

2020 Q4 Form 10-Q Financial Statement

#000162747520000044 Filed on November 04, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $106.2M $96.75M $78.02M
YoY Change 35.11% 24.01% 21.68%
Cost Of Revenue $28.80M $26.60M $22.49M
YoY Change 25.76% 18.24% 9.71%
Gross Profit $77.40M $70.15M $55.52M
YoY Change 38.96% 26.35% 27.32%
Gross Profit Margin 72.88% 72.51% 71.17%
Selling, General & Admin $53.30M $51.62M $41.79M
YoY Change 11.51% 23.53% 36.24%
% of Gross Profit 68.86% 73.59% 75.27%
Research & Development $22.70M $20.83M $16.21M
YoY Change 39.26% 28.53% 12.74%
% of Gross Profit 29.33% 29.7% 29.19%
Depreciation & Amortization $2.730M $1.000M $700.0K
YoY Change 26.39% 42.86% 16.67%
% of Gross Profit 3.53% 1.43% 1.26%
Operating Expenses $76.70M $73.18M $59.21M
YoY Change 19.66% 23.59% 26.14%
Operating Profit $700.0K -$3.029M -$3.692M
YoY Change -108.33% -17.96% 10.74%
Interest Expense -$100.0K $152.0K $317.0K
YoY Change -66.67% -52.05% -46.18%
% of Operating Profit -14.29%
Other Income/Expense, Net $500.0K $452.0K $462.0K
YoY Change -68.75% -2.16% -113.5%
Pretax Income $1.000M -$2.729M -$3.547M
YoY Change -114.08% -23.06% -51.72%
Income Tax $100.0K $18.00K $0.00
% Of Pretax Income 10.0%
Net Earnings $900.0K -$2.747M -$3.547M
YoY Change -112.68% -22.55% -51.72%
Net Earnings / Revenue 0.85% -2.84% -4.55%
Basic Earnings Per Share -$0.02
Diluted Earnings Per Share $7.293K -$0.02 -$31.47K
COMMON SHARES
Basic Shares Outstanding 122.1M shares 120.7M shares 110.8M shares
Diluted Shares Outstanding 120.7M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $169.7M $155.5M $131.6M
YoY Change 26.74% 18.16% 385.61%
Cash & Equivalents $94.08M $88.44M $188.5M
Short-Term Investments $75.60M $67.10M $60.40M
Other Short-Term Assets $144.1M $136.6M $122.2M
YoY Change 23.58% 11.78% 8.33%
Inventory
Prepaid Expenses
Receivables $47.02M $39.85M $32.03M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $360.8M $332.0M $285.8M
YoY Change 28.57% 16.15% 57.51%
LONG-TERM ASSETS
Property, Plant & Equipment $28.14M $27.68M $20.67M
YoY Change 31.16% 33.93% 230.16%
Goodwill $118.2M $118.2M $118.2M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.672M $1.784M $904.0K
YoY Change 101.69% 97.35% -85.51%
Total Long-Term Assets $168.4M $169.7M $143.8M
YoY Change 1.62% 18.0% 4.66%
TOTAL ASSETS
Total Short-Term Assets $360.8M $332.0M $285.8M
Total Long-Term Assets $168.4M $169.7M $143.8M
Total Assets $529.2M $501.6M $429.6M
YoY Change 18.56% 16.77% 34.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.455M $5.708M $2.934M
YoY Change 890.03% 94.55% -46.37%
Accrued Expenses $32.90M $28.80M $21.90M
YoY Change 79.78% 31.51% 29.59%
Deferred Revenue $16.80M $15.89M $1.587M
YoY Change 21.76% 901.39% 121.34%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.581M $7.576M $7.579M
YoY Change -0.04% -0.04% -74.39%
Total Short-Term Liabilities $198.7M $186.1M $148.6M
YoY Change 33.3% 25.22% -7.23%
LONG-TERM LIABILITIES
Long-Term Debt $3.142M $5.021M $12.58M
YoY Change -70.63% -60.1% -34.81%
Other Long-Term Liabilities $7.522M $7.276M $5.816M
YoY Change 25.93% 25.1% -4.81%
Total Long-Term Liabilities $10.66M $12.30M $18.40M
YoY Change -36.04% -33.17% -27.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $198.7M $186.1M $148.6M
Total Long-Term Liabilities $10.66M $12.30M $18.40M
Total Liabilities $229.9M $220.1M $167.0M
YoY Change 22.98% 31.78% -10.02%
SHAREHOLDERS EQUITY
Retained Earnings -$194.8M -$195.7M -$153.1M
YoY Change 13.3% 27.87% 10.82%
Common Stock $494.1M $477.3M $415.7M
YoY Change 14.55% 14.83% 296.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $299.3M $281.6M $249.2M
YoY Change
Total Liabilities & Shareholders Equity $529.2M $501.6M $429.6M
YoY Change 18.56% 16.77% 34.73%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $900.0K -$2.747M -$3.547M
YoY Change -112.68% -22.55% -51.72%
Depreciation, Depletion And Amortization $2.730M $1.000M $700.0K
YoY Change 26.39% 42.86% 16.67%
Cash From Operating Activities $8.960M $6.750M $29.83M
YoY Change -1053.19% -77.37% -260.46%
INVESTING ACTIVITIES
Capital Expenditures -$2.590M -$2.590M -$4.660M
YoY Change 9.75% -44.42% 352.43%
Acquisitions
YoY Change
Other Investing Activities -$8.570M $2.540M $2.320M
YoY Change -65.5% 9.48% 23100.0%
Cash From Investing Activities -$11.16M -$60.00K -$2.350M
YoY Change -58.96% -97.45% 130.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 14.96M 3.960M -43.37M
YoY Change -4.29% -109.13% -382.91%
NET CHANGE
Cash From Operating Activities 8.960M 6.750M 29.83M
Cash From Investing Activities -11.16M -60.00K -2.350M
Cash From Financing Activities 14.96M 3.960M -43.37M
Net Change In Cash 12.76M 10.65M -15.89M
YoY Change -202.08% -167.02% 271.26%
FREE CASH FLOW
Cash From Operating Activities $8.960M $6.750M $29.83M
Capital Expenditures -$2.590M -$2.590M -$4.660M
Free Cash Flow $11.55M $9.340M $34.49M
YoY Change 713.38% -72.92% -296.41%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001627475
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38678
dei Entity Registrant Name
EntityRegistrantName
UPWORK INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
46-4337682
dei Entity Address Address Line1
EntityAddressAddressLine1
2625 Augustine Drive, Suite 601
dei Entity Address City Or Town
EntityAddressCityOrTown
Santa Clara,
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
95054
dei City Area Code
CityAreaCode
650
dei Local Phone Number
LocalPhoneNumber
316-7500
dei Security12b Title
Security12bTitle
Common Stock, $0.0001 par value per share
dei Trading Symbol
TradingSymbol
UPWK
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
122073553 shares
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
88436000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48392000 USD
CY2020Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
67051000 USD
CY2019Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
85481000 USD
CY2020Q3 us-gaap Escrow Deposit
EscrowDeposit
128131000 USD
CY2019Q4 us-gaap Escrow Deposit
EscrowDeposit
108721000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1648000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2215000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
39853000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
30156000 USD
CY2020Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8487000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7885000 USD
CY2020Q3 us-gaap Assets Current
AssetsCurrent
331958000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
280635000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27680000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
21454000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
118219000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
118219000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1334000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3335000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
20662000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21908000 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1784000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
829000 USD
CY2020Q3 us-gaap Assets
Assets
501637000 USD
CY2019Q4 us-gaap Assets
Assets
446380000 USD
CY2020Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
5708000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
652000 USD
CY2020Q3 upwk Escrow Funds Payable
EscrowFundsPayable
128131000 USD
CY2019Q4 upwk Escrow Funds Payable
EscrowFundsPayable
108721000 USD
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
7576000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
7584000 USD
CY2020Q3 upwk Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
28766000 USD
CY2019Q4 upwk Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
18342000 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
15892000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
13799000 USD
CY2020Q3 us-gaap Liabilities Current
LiabilitiesCurrent
186073000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
149098000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5021000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10699000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
21693000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
21186000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
7276000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5973000 USD
CY2020Q3 us-gaap Liabilities
Liabilities
220063000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
186956000 USD
CY2020Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
490000000000 shares
CY2020Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
490000000000 shares
CY2020Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
121775309000 shares
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
121775309000 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
113604398 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
113604398 shares
CY2020Q3 us-gaap Common Stock Value
CommonStockValue
12000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
11000 USD
CY2020Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
477311000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
431370000 USD
us-gaap Gross Profit
GrossProfit
191986000 USD
us-gaap Gross Profit
GrossProfit
155067000 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-195749000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-171957000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
281574000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
259424000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
501637000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
446380000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
96748000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
78015000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
267475000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220274000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
26596000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
22494000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
75489000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
65207000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
70152000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
55521000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16468000 USD
CY2020Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20833000 USD
CY2019Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
16209000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
60728000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
47705000 USD
CY2020Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
33577000 USD
CY2019Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
25322000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
98695000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
70319000 USD
CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18047000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
52973000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
46193000 USD
CY2020Q3 upwk Provision For Transaction Losses
ProvisionForTransactionLosses
724000 USD
CY2019Q3 upwk Provision For Transaction Losses
ProvisionForTransactionLosses
1214000 USD
upwk Provision For Transaction Losses
ProvisionForTransactionLosses
2654000 USD
upwk Provision For Transaction Losses
ProvisionForTransactionLosses
2706000 USD
CY2020Q3 us-gaap Operating Expenses
OperatingExpenses
73181000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
59213000 USD
us-gaap Operating Expenses
OperatingExpenses
215050000 USD
us-gaap Operating Expenses
OperatingExpenses
166923000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3029000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3692000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-23064000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-11856000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
152000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
317000 USD
us-gaap Interest Expense
InterestExpense
640000 USD
us-gaap Interest Expense
InterestExpense
1047000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
452000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
462000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-31000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1773000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2729000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3547000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-23735000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-11130000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-2747000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-3547000 USD
us-gaap Net Income Loss
NetIncomeLoss
-23792000 USD
us-gaap Net Income Loss
NetIncomeLoss
-11158000 USD
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.03
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.20
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.10
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
120681000 shares
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
111163000 shares
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
23343000 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
117121000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
108844000 shares
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
270143000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7333000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6734000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
111000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-2747000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
281574000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
244978000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3795000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3998000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-3547000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
249224000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
259424000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
18927000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
1011000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2661000 USD
us-gaap Net Income Loss
NetIncomeLoss
-23792000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
281574000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
243745000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
14145000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10714000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
280308 shares
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3577000 USD
us-gaap Net Income Loss
NetIncomeLoss
-11158000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
249224000 USD
us-gaap Profit Loss
ProfitLoss
-23792000 USD
us-gaap Profit Loss
ProfitLoss
-11158000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2654000 USD
upwk Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
3059000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2078000 USD
upwk Depreciation And Amortization Excluding Amortization Of Financing Costs
DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts
7444000 USD
upwk Depreciation And Amortization Excluding Amortization Of Financing Costs
DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts
4498000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
43000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
39000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
311000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
948000 USD
upwk Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
2927000 USD
upwk Increase Decrease In Common Stock Warrant
IncreaseDecreaseInCommonStockWarrant
564000 USD
upwk Increase Decrease In Common Stock Warrant
IncreaseDecreaseInCommonStockWarrant
439000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
19527000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10858000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12490000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7103000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
284000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1407000 USD
upwk Increase Decrease Operating Lease Liability
IncreaseDecreaseOperatingLeaseLiability
-1420000 USD
upwk Increase Decrease Operating Lease Liability
IncreaseDecreaseOperatingLeaseLiability
-979000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5087000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
697000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
10448000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-799000 USD
us-gaap Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
-3015000 USD
us-gaap Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
-2727000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13412000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2001000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
70215000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
131950000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
89000000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
72500000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6210000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10230000 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
5567000 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
4054000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7008000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-73734000 USD
upwk Changes In Escrow Funds Payable
ChangesInEscrowFundsPayable
19409000 USD
upwk Changes In Escrow Funds Payable
ChangesInEscrowFundsPayable
16407000 USD
upwk Proceeds From Exercises Of Stock Options And Common Stock Warrant
ProceedsFromExercisesOfStockOptionsAndCommonStockWarrant
23343000 USD
upwk Proceeds From Exercises Of Stock Options And Common Stock Warrant
ProceedsFromExercisesOfStockOptionsAndCommonStockWarrant
13974000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
18000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50000000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
23729000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
53786000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
2661000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
3577000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
39684000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30172000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
60104000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-41561000 USD
CY2015 upwk Number Of Operating Platforms Consolidated
NumberOfOperatingPlatformsConsolidated
2 segment
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
159603000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
230067000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
219707000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
188506000 USD
us-gaap Interest Paid Net
InterestPaidNet
640000 USD
us-gaap Interest Paid Net
InterestPaidNet
1027000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
395000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
905000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the periods presented. Such estimates include, but are not limited to: the useful lives of assets; assessment of the recoverability of long-lived assets; goodwill impairment; standalone selling price of material rights and the period of time over which to defer and recognize the consideration allocated to the material rights; allowance for doubtful accounts; liabilities relating to transaction losses; the valuation of warrants; stock-based compensation; and accounting for income taxes. Management bases its estimates on historical experience and on various other assumptions that management believes to be reasonable under the circumstances. The Company evaluates its estimates, assumptions, and judgments on an ongoing basis using historical experience and other factors and revises them when facts and circumstances dictate.</span></div>
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
78015000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16468000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-3547000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220274000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
46193000 USD
us-gaap Net Income Loss
NetIncomeLoss
-11158000 USD
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.10
us-gaap Profit Loss
ProfitLoss
-11158000 USD
upwk Operating Lease Right Of Use Asset Amortization
OperatingLeaseRightOfUseAssetAmortization
3059000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7103000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1407000 USD
upwk Increase Decrease Operating Lease Liability
IncreaseDecreaseOperatingLeaseLiability
-979000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-799000 USD
us-gaap Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
-2727000 USD
upwk Escrow Funds Payable Adjustment
EscrowFundsPayableAdjustment
0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-41561000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
230067000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
188506000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
20000000.0 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
15900000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
15892000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
13799000 USD
CY2020Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
4074000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3153000 USD
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5200000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
10900000 USD
CY2019Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3900000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
9300000 USD
CY2020Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
140508000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
120767000 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
12600000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
18300000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
88436000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48392000 USD
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
3140000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
2490000 USD
CY2020Q3 upwk Funds Held In Escrow Including Funds In Transit
FundsHeldInEscrowIncludingFundsInTransit
128131000 USD
CY2019Q4 upwk Funds Held In Escrow Including Funds In Transit
FundsHeldInEscrowIncludingFundsInTransit
108721000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
219707000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
159603000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
41028000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
29369000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13348000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7915000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27680000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
21454000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
1000000.0 USD
CY2019Q3 us-gaap Depreciation
Depreciation
700000 USD
us-gaap Depreciation
Depreciation
2500000 USD
us-gaap Depreciation
Depreciation
2100000 USD
CY2020Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2300000 USD
CY2019Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2000000.0 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
5600000 USD
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
4500000 USD
CY2020Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1000000.0 USD
CY2019Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
300000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3000000.0 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
400000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000000.0 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2000000.0 USD
CY2020Q3 upwk Accrued Compensation And Related Benefits Current
AccruedCompensationAndRelatedBenefitsCurrent
11804000 USD
CY2019Q4 upwk Accrued Compensation And Related Benefits Current
AccruedCompensationAndRelatedBenefitsCurrent
5344000 USD
CY2020Q3 upwk Accrued Freelancer Costs Current
AccruedFreelancerCostsCurrent
967000 USD
CY2019Q4 upwk Accrued Freelancer Costs Current
AccruedFreelancerCostsCurrent
622000 USD
CY2020Q3 upwk Accrued Indirect Taxes Current
AccruedIndirectTaxesCurrent
2670000 USD
CY2019Q4 upwk Accrued Indirect Taxes Current
AccruedIndirectTaxesCurrent
2401000 USD
CY2020Q3 upwk Accrued Vendor Expenses Current
AccruedVendorExpensesCurrent
8826000 USD
CY2019Q4 upwk Accrued Vendor Expenses Current
AccruedVendorExpensesCurrent
5485000 USD
CY2020Q3 upwk Accrued Payment Processing Fees Current
AccruedPaymentProcessingFeesCurrent
961000 USD
CY2019Q4 upwk Accrued Payment Processing Fees Current
AccruedPaymentProcessingFeesCurrent
832000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2969000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3214000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
12597000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
569000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
444000 USD
CY2020Q3 upwk Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
28766000 USD
CY2019Q4 upwk Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
18342000 USD
CY2020Q3 upwk Letters Of Credit Held
LettersOfCreditHeld
3 letter
CY2019Q4 upwk Letters Of Credit Held
LettersOfCreditHeld
3 letter
CY2020Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1000000.0 USD
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
800000 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
12642000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
18321000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
45000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
38000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
18283000 USD
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
7576000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
7584000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5021000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10699000 USD
CY2020Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0520
CY2019Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0693
CY2020Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
49000000.0 USD
upwk Adjusted Liquidity Ratio
AdjustedLiquidityRatio
1.75
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-2747000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-3547000 USD
us-gaap Net Income Loss
NetIncomeLoss
-23792000 USD
us-gaap Net Income Loss
NetIncomeLoss
-11158000 USD
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
120680797 shares
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
111163396 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
117120815 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
108844495 shares
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.03
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.20
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.10
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15076635 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19298398 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
96748000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
78015000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
267475000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220274000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
96748000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
78015000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
267475000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220274000 USD

Files In Submission

Name View Source Status
0001627475-20-000044-index-headers.html Edgar Link pending
0001627475-20-000044-index.html Edgar Link pending
0001627475-20-000044.txt Edgar Link pending
0001627475-20-000044-xbrl.zip Edgar Link pending
exhibit101jeffmccombso.htm Edgar Link pending
exhibit102jeffmccombsc.htm Edgar Link pending
exhibit103kiniontransi.htm Edgar Link pending
exhibit104fourthamendm.htm Edgar Link pending
exhibit3113q20.htm Edgar Link pending
exhibit3123q20.htm Edgar Link pending
exhibit3213q20.htm Edgar Link pending
exhibit3223q20.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
upwk-20200930.htm Edgar Link pending
upwk-20200930.xsd Edgar Link pending
upwk-20200930_cal.xml Edgar Link unprocessable
upwk-20200930_def.xml Edgar Link unprocessable
upwk-20200930_g1.jpg Edgar Link pending
upwk-20200930_htm.xml Edgar Link completed
upwk-20200930_lab.xml Edgar Link unprocessable
upwk-20200930_pre.xml Edgar Link unprocessable