Upwork Inc.

NasdaqGS:UPWK Stock Report

Market Cap: US$2.7b

Upwork Management

Management criteria checks 2/4

Upwork's CEO is Hayden Brown, appointed in Jan 2020, has a tenure of 5.92 years. total yearly compensation is $9.93M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth $15.12M. The average tenure of the management team and the board of directors is 2.3 years and 2.8 years respectively.

Key information

Hayden Brown

Chief executive officer

US$9.9m

Total compensation

CEO salary percentage5.99%
CEO tenure5.9yrs
CEO ownership0.5%
Management average tenure2.3yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

Upwork: Execution Has Improved, Upside Now Depends On Demand

Dec 17

Upwork Inc. (NASDAQ:UPWK) Surges 29% Yet Its Low P/E Is No Reason For Excitement

Dec 13
Upwork Inc. (NASDAQ:UPWK) Surges 29% Yet Its Low P/E Is No Reason For Excitement

Upwork Inc.'s (NASDAQ:UPWK) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Sep 24
Upwork Inc.'s (NASDAQ:UPWK) Price Is Right But Growth Is Lacking After Shares Rocket 32%

Little Excitement Around Upwork Inc.'s (NASDAQ:UPWK) Earnings

Jul 29
Little Excitement Around Upwork Inc.'s (NASDAQ:UPWK) Earnings

At US$12.92, Is It Time To Put Upwork Inc. (NASDAQ:UPWK) On Your Watch List?

Jul 14
At US$12.92, Is It Time To Put Upwork Inc. (NASDAQ:UPWK) On Your Watch List?

Upwork (NASDAQ:UPWK) Is Experiencing Growth In Returns On Capital

Jun 30
Upwork (NASDAQ:UPWK) Is Experiencing Growth In Returns On Capital

With EPS Growth And More, Upwork (NASDAQ:UPWK) Makes An Interesting Case

Jun 17
With EPS Growth And More, Upwork (NASDAQ:UPWK) Makes An Interesting Case

Upwork (NASDAQ:UPWK) Could Easily Take On More Debt

May 08
Upwork (NASDAQ:UPWK) Could Easily Take On More Debt

Upwork Inc.'s (NASDAQ:UPWK) Shares Lagging The Market But So Is The Business

Apr 08
Upwork Inc.'s (NASDAQ:UPWK) Shares Lagging The Market But So Is The Business

I'd Love Exposure To Upwork And Fiverr, But Can't Get Past The Financial Realities

Mar 20

Is There Now An Opportunity In Upwork Inc. (NASDAQ:UPWK)?

Feb 24
Is There Now An Opportunity In Upwork Inc. (NASDAQ:UPWK)?

Upwork: What To Do After This Rally (Rating Downgrade)

Feb 17

Upwork: Operational Improvements And Labor Conditions Could Propel This One Higher

Feb 04

Upwork (NASDAQ:UPWK) Might Have The Makings Of A Multi-Bagger

Jan 25
Upwork (NASDAQ:UPWK) Might Have The Makings Of A Multi-Bagger

Upwork (NASDAQ:UPWK) Seems To Use Debt Rather Sparingly

Jan 11
Upwork (NASDAQ:UPWK) Seems To Use Debt Rather Sparingly

Upwork: Macro Weakness More Important Than AI For Now

Dec 19

Is Now The Time To Put Upwork (NASDAQ:UPWK) On Your Watchlist?

Nov 26
Is Now The Time To Put Upwork (NASDAQ:UPWK) On Your Watchlist?

Upwork: Disciplined Cost Reduction, Platform Improvements - Buy

Nov 22

The Strong Earnings Posted By Upwork (NASDAQ:UPWK) Are A Good Indication Of The Strength Of The Business

Nov 13
The Strong Earnings Posted By Upwork (NASDAQ:UPWK) Are A Good Indication Of The Strength Of The Business

Revenues Not Telling The Story For Upwork Inc. (NASDAQ:UPWK) After Shares Rise 39%

Nov 07
Revenues Not Telling The Story For Upwork Inc. (NASDAQ:UPWK) After Shares Rise 39%

Upwork Vs. Fiverr: AI Fears Likely Overblown, Fiverr Looks More Attractive

Oct 25

Upwork: A Small Bet Activist Pressure Will Succeed

Oct 17

Upwork: Good Value And How We Can Further Add Extra Income

Oct 09

Is It Time To Consider Buying Upwork Inc. (NASDAQ:UPWK)?

Oct 07
Is It Time To Consider Buying Upwork Inc. (NASDAQ:UPWK)?

Returns At Upwork (NASDAQ:UPWK) Are On The Way Up

Sep 16
Returns At Upwork (NASDAQ:UPWK) Are On The Way Up
User avatar

Leveraging AI Innovation And Critical Partnerships Fuels Revenue Surge And Market Expansion

Upwork's emphasis on AI to drive revenue shows promise with significant growth in AI-related work, indicating a strategic focus on high demand areas.

Upwork Inc. (NASDAQ:UPWK) Not Lagging Industry On Growth Or Pricing

Sep 01
Upwork Inc. (NASDAQ:UPWK) Not Lagging Industry On Growth Or Pricing

Upwork: The Selloff Is Overdone

Aug 12

These 4 Measures Indicate That Upwork (NASDAQ:UPWK) Is Using Debt Safely

Aug 01
These 4 Measures Indicate That Upwork (NASDAQ:UPWK) Is Using Debt Safely

Upwork: Stock Can Potentially Soar, As AI Fears Dissipate

Jul 22

Upwork: Just Like For Fiverr, Study The Nitty-Gritty Financials

Jul 11

Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$10.20?

Jun 20
Should You Investigate Upwork Inc. (NASDAQ:UPWK) At US$10.20?

CEO Compensation Analysis

How has Hayden Brown's remuneration changed compared to Upwork's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$247m

Jun 30 2025n/an/a

US$245m

Mar 31 2025n/an/a

US$235m

Dec 31 2024US$10mUS$595k

US$216m

Sep 30 2024n/an/a

US$86m

Jun 30 2024n/an/a

US$74m

Mar 31 2024n/an/a

US$48m

Dec 31 2023US$10mUS$570k

US$47m

Sep 30 2023n/an/a

US$13m

Jun 30 2023n/an/a

-US$28m

Mar 31 2023n/an/a

-US$48m

Dec 31 2022US$8mUS$550k

-US$90m

Sep 30 2022n/an/a

-US$96m

Jun 30 2022n/an/a

-US$80m

Mar 31 2022n/an/a

-US$73m

Dec 31 2021US$35mUS$500k

-US$56m

Sep 30 2021n/an/a

-US$33m

Jun 30 2021n/an/a

-US$26m

Mar 31 2021n/an/a

-US$21m

Dec 31 2020US$848kUS$480k

-US$23m

Sep 30 2020n/an/a

-US$29m

Jun 30 2020n/an/a

-US$30m

Mar 31 2020n/an/a

-US$22m

Dec 31 2019US$12mUS$437k

-US$17m

Sep 30 2019n/an/a

-US$17m

Jun 30 2019n/an/a

-US$20m

Mar 31 2019n/an/a

-US$18m

Dec 31 2018US$478kUS$365k

-US$20m

Compensation vs Market: Hayden's total compensation ($USD9.93M) is above average for companies of similar size in the US market ($USD6.90M).

Compensation vs Earnings: Hayden's compensation has been consistent with company performance over the past year.

CEO

Hayden Brown (43 yo)

5.9yrs
Tenure
US$9,931,909
Compensation

Ms. Hayden Brown has been President and Chief Executive Officer of Upwork Inc. since January 1, 2020. Ms. Brown has been Director of Upwork Inc. since December 6, 2019. Ms. Brown was the Chief Marketing an...

Leadership Team

NamePositionTenureCompensationOwnership
Hayden Brown
President5.9yrsUS$9.93m0.53%
$ 14.5m
Erica Gessert
Chief Financial Officer2.7yrsUS$4.44m0.18%
$ 4.9m
Dave Bottoms
General Manager of Marketplace3yrsUS$3.15m0.00026%
$ 7.1k
Anthony Kappus
Chief Operating Officerless than a yearno datano data
Sabrina Mekhalfa
Chief Accounting Officer & Principal Accounting Officerno datano datano data
Andrew Rabinovich
VP, CTOless than a yearno datano data
Samuel Meehan
Vice President of Investor Relationsno datano datano data
Jacob McQuown
Chief Legal Officerless than a yearno datano data
Peter Sanborn
Vice President of Strategy1.9yrsno datano data
Sunita Solao
Chief People Officer2.7yrsno datano data
Brian Levey
Chief Business Affairs & Legal Officer and Corporate Secretary11.8yrsno datano data
2.3yrs
Average Tenure
50yo
Average Age

Experienced Management: UPWK's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hayden Brown
President6yrsUS$9.93m0.53%
$ 14.5m
Andrew Rabinovich
VP, CTOless than a yearno datano data
Kevin Harvey
Independent Director11.8yrsUS$230.96k2.04%
$ 55.6m
Gary Steele
Independent Director7.3yrsUS$239.42k0.055%
$ 1.5m
Dana Evan
Independent Directorless than a yearno datano data
Thomas Layton
Independent Chairman of the Board11.8yrsUS$291.83k1.25%
$ 34.1m
Glenn Kelman
Independent Directorless than a yearno datano data
Sendhil Mullainathan
Member of Economic Advisory Councilless than a yearno datano data
Anilu Vazquez-Ubarri
Independent Director5.1yrsUS$237.23k0.056%
$ 1.5m
Leela Srinivasan
Independent Director6.4yrsUS$247.23k0.052%
$ 1.4m
Nicholas Bloom
Member of Economic Advisory Councilless than a yearno datano data
Dewey Murdick
Member of Economic Advisory Councilless than a yearno datano data
2.8yrs
Average Tenure
56.5yo
Average Age

Experienced Board: UPWK's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/24 19:21
End of Day Share Price 2025/12/23 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Upwork Inc. is covered by 18 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathaniel SchindlerBofA Global Research
Marvin FongBTIG
Maria RippsCanaccord Genuity