UPWK Upwork Inc. Common Stock
XNAS
8.75
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
UPWK
$8.75
—
Key stats
$8.75
- 52-Week Range
- $7.44 – $22.84
- YTD
- -55.90%
- IV Rank (30D)
- 60.8
- Straddle Price
- $1.85
- P/C Vol Ratio
- 0.26
- Market Cap
- $1.1B
- Open
- $8.70
- Day Range
- $8.61 – $8.88
- Volume
- 1,588,680
- Prev Close
- $8.75
Fair Value
+50.0% vs price
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.15% |
| Beta vs SPY | 1.30 |
| Cost of Equity (CAPM) | 12.32% (VRP-adj) |
| WACC | 12.31% |
| Volatility Risk Premium | +41.1pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 25.2% |
| Rev. Growth (YoY, DCF input) | +0.3% |
| DCF Horizon | 12 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.00 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.2B |
| Return on Equity (TTM) | 16.8% |
| Book / Price | 46.8% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 77.5% |
| FCF Margin (TTM) | 25.9% |
| Debt / Equity | 0.00 |
| Quality Score | 5/6 — high quality (12y DCF) |
| SMA 50 | $8.53 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $8.40 |
| Bollinger Width / SMA20 | 133.0% (drives anchor stability) |
| Net Debt | $-0.3B |
| Market Cap | $1B |
Peers used for multiples: FRSH, LYFT, TRIP
(filtered from 8 ETF-co-members; sector bias active)
Blended Fair Value
$20.66
Deviation
+50.0%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $15.88 | 44% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | $16.99 | 20% | median 20.9× · 3 peers |
| Peer EV/EBITDA | $47.42 | 20% | median 40.8× · 3 peers |
| Peer P/B | $8.85 | 4% | median 2.2× · 3 peers |
| Peer P/S | $5.47 | 13% | median 1.0× · 3 peers |
| Market Anchor (SMA50) | $8.53 | 0% | stability 0% (BB-width) |
| Options Expected (B-L 30d) | $8.22 | 0% | 5 strikes · skew +0.21 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- SERVICES-COMPUTER PROCESSING & DATA PREPARATION (7374) · industry map
- Exchange
- XNAS
- Market Cap
- $1.1B
- Employees
- 630
- List Date
- 2018-10-03
- CIK
- 0001627475
- Next Earnings
- 2026-11-02 (After-Close)
- Headquarters
- Palo Alto, CA
- Homepage
- https://www.upwork.com
Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes and connects businesses with AI-enabled talent across every on-demand work type, including freelance, agency, fractional, and payrolled. The business generates revenue from Talent and Clients across the USA, India, Pakistan, the Philippines and the rest of the world. Maximum revenue of the company is derived from Talent segment.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 23.36% | -19.43% | 20.22% | -4.39% | -3.96% | 0.96% | 2.79% |
| Feb | 19.44% | -10.48% | -16.31% | -6.23% | 4.60% | -32.73% | -6.95% |
| Mar | -19.42% | -6.29% | -3.00% | -9.19% | -11.35% | -16.46% | -10.95% |
| Apr | -1.01% | -11.33% | -13.08% | -4.18% | 0.46% | -7.42% | -6.09% |
| May | 7.37% | -19.85% | -14.14% | -11.62% | 16.38% | -15.92% | -6.30% |
| Jun | 19.52% | 14.63% | 9.75% | 1.80% | -14.34% | -10.78% | 3.43% |
| Jul | -9.32% | -16.36% | 14.24% | 13.48% | -11.54% | 0.83% | -1.44% |
| Aug | -13.67% | -5.69% | 47.80% | -13.23% | 30.98% | -5.35% | 6.81% |
| Sep | 0.58% | -20.86% | -24.06% | 12.37% | 16.35% | -11.21% | -4.47% |
| Oct | -1.89% | -4.34% | -9.91% | 31.65% | -9.99% | 4.92%* | 1.74% |
| Nov | -24.02% | -11.87% | 41.18% | 21.39% | 26.30% | -- | 10.60% |
| Dec | -4.82% | -13.93% | 4.13% | -5.60% | -0.30% | -- | -4.10% |
| Total | -15.74% | -75.06% | 35.75% | 17.16% | 36.28% | -64.97% | -11.10% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $8.40
SMA 50: $8.53
SMA 200: $11.00
Current: $8.75
EMA 12: $8.56
EMA 26: $8.52
MACD: 0.0431 | Signal: 0.0512
BEARISH
ADX (14): 13.42
RANGE
+DI: 23.20
−DI: 21.41
Momentum Oscillators
RSI (14): 56.31
NEUTRAL
Stoch %K: 80.59
Stoch %D: 73.66
Williams %R: -14.61
Volume & Volatility
BB Upper: $8.87
BB Lower: $7.94
NEUTRAL
OBV: 2,053,803
Vol SMA 20: 2,236,653
Vol ROC: -29.44%
ATR: $0.29
True Range: $0.28
HV 20: 32.3%
HV 30: 30.5%
HV 60: 48.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
SYMBOL: UPWK
Executive Summary: BULLISH with confidence level 7/10 Key drivers: Strong technical momentum, positive news sentiment, moderate volatility. Primary risks: Negative regulatory updates, earnings misses.
Investment thesis: UPWK's recent price action suggests a strong uptrend, driven by positive news and technical momentum. The company's beta relative to the market is relatively low, indicating less volatility than the overall market. Earnings data not available, but options activity suggests a moderate expected move by expiration.
Recent news sentiment impact: Positive news headline (4 Stocks That Can 4x Your Money in 4 Years) had a neutral impact on the stock price, while negative headlines (Fiverr Stock vs. Upwork Stock and various fraud investigations) had a bearish influence.
Technical Analysis: Trend Direction:
- Short-term: Bullish (uptrend)
- Medium-term: Bullish (uptrend)
- Long-term: Neutral
Support/Resistance Levels:
- Upper Bollinger Band: $9.91
- Middle Band: $9.30
- Lower Band: $8.70
Momentum Signals:
- RSI: 59.07 (neutral)
- MACD: Bullish crossover
- Bollinger Bands: Neutral signal
Volume Analysis:
- Volume SMA 20: 3247088.55
- On-Balance Volume (OBV): -10355619.55
- Volume Rate of Change: 189.70%
News & Sentiment Analysis: Recent Headlines Summary: Mixed sentiment, with one positive headline and four negative headlines.
Sentiment Assessment: Negative news sentiment dominates, but the company's beta relative to the market is relatively low, indicating less volatility than the overall market.
Catalyst Identification: Upcoming earnings date not available, but options activity suggests a moderate expected move by expiration.
Market Narrative: Technical signals align with positive news headline, while negative headlines contradict the technical trend.
Risk & Volatility Assessment: Beta Interpretation: Low risk relative to the market (beta 0.89).
Volatility Regime: Moderate volatility - stock generally follows market.
Options Market Signals:
- IV Rank: 10.0% (Low)
- Put/Call Volume Ratio: 0.15 (Bullish sentiment)
Downside Protection: Support levels and risk management considerations suggest a potential downside target of $8.70, with a stop-loss level at $9.30.
Market Context & Positioning: Sector Performance: UPWK performs relatively well within its sector.
Institutional Activity: Volume patterns suggest institutional interest in the company's stock.
Correlation Analysis: Stock moves relatively closely to market (R-squared interpretation).
Relative Valuation: Position within trading range, with a potential upside target of $10.50.
Key Levels & Action Items: Critical Price Levels:
- Support: $8.70
- Resistance: $9.91
Breakout/Breakdown Levels:
- Breakout level: $10.50 (upper Bollinger Band)
- Breakdown level: $7.30 (lower Bollinger Band)
Time-Sensitive Catalysts:
- Earnings date not available, but options activity suggests a moderate expected move by expiration.
Risk Management:
- Stop-loss level at $9.30
- Position sizing considerations suggest a maximum risk of 5% per trade.
This comprehensive analysis provides an objective assessment of UPWK's technical and fundamental situation, highlighting both bullish and bearish cases.
Generated
News
All UPWK news →
Earnings History
19 of 23 under expected move
Avg Expected Move
17.84%
Avg Actual Move
11.91%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-23 | After-Close | 21.91% | 3.47% | 0.16x | Within |
| 2021-05-04 | After-Close | 18.03% | 4.59% | 0.25x | Within |
| 2021-07-29 | After-Close | 15.33% | 9.99% | 0.65x | Within |
| 2021-10-27 | After-Close | 15.20% | 10.82% | 0.71x | Within |
| 2022-02-10 | After-Close | 21.09% | 9.29% | 0.44x | Within |
| 2022-04-27 | After-Close | 21.88% | 12.13% | 0.55x | Within |
| 2022-07-27 | After-Close | 20.70% | 18.02% | 0.87x | Within |
| 2022-10-26 | After-Close | 20.57% | 2.77% | 0.13x | Within |
| 2023-02-15 | After-Close | 14.92% | 15.28% | 1.02x | Exceeded |
| 2023-05-03 | After-Close | 18.18% | 1.84% | 0.10x | Within |
| 2023-08-02 | After-Close | 14.84% | 44.23% | 2.98x | Exceeded |
| 2023-11-07 | After-Close | 17.88% | 10.52% | 0.59x | Within |
| 2024-02-14 | After-Close | 20.01% | 8.96% | 0.45x | Within |
| 2024-05-01 | After-Close | 15.89% | 8.61% | 0.54x | Within |
| 2024-08-07 | After-Close | 13.86% | 10.42% | 0.75x | Within |
| 2024-10-23 | After-Close | 15.51% | 0.63% | 0.04x | Within |
| 2025-02-12 | After-Close | 18.51% | 6.60% | 0.36x | Within |
| 2025-05-05 | After-Close | 15.20% | 18.02% | 1.19x | Exceeded |
| 2025-08-06 | After-Close | 14.23% | 13.64% | 0.96x | Within |
| 2025-11-03 | After-Close | 18.55% | 13.24% | 0.71x | Within |
| 2026-02-09 | After-Close | 19.03% | 19.08% | 1.00x | Exceeded |
| 2026-05-07 | After-Close | 19.09% | 16.87% | 0.88x | Within |
| 2026-08-10 | After-Close | 19.84% | 14.95% | 0.75x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
UPWK Options Activity & IV Rank
UPWK IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 79.7%
7-DTE IV: —
Expected Move: $1.85
7-DTE Move: $1.85
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 78
Put Volume: 20
P/C Volume: 0.256
BULLISH
Call OI: 661
Put OI: 1,920
P/C OI: 2.905
Total OI: 2,581
ATM Options Pricing
ATM Call: $1.57
ATM Put: $0.28
Call %: 18.0%
Put %: 3.1%
Chain Summary
Chain Volume: 2,135
Chain OI: 40,672
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 24th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
24%
vs own history
GEX tilt
-0.62
OI-weighted, today
Vanna tilt
-0.27
δ-sensitivity to IV
Charm tilt
+0.23
δ-decay vs time
? What is this?
· 8 ATM contracts, 17k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · ATM 81.9% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)60.8MediumOct 21
Straddle Price (30 DTE)$1.85Oct 21
Beta Analysis
Risk Metrics
Beta: 0.9979
Alpha: -61.01%
Correlation: 0.2106
R-Squared: 4.4%
Stock Volatility: 60.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
Notable investors who own UPWK
6 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Millennium Management Hedge fund Izzy Englander | $15.5M | #1292 of 3716 | +79.0% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $14.1M | #881 of 3138 | -17.6% | 13F | |
| Oaktree Capital Asset manager Howard Marks | $14.0M | #62 of 130 | +13.2% | 13F | |
| Citadel Hedge fund Ken Griffin | $13.8M | #1358 of 6285 | +615.2% | 13F | |
| Point72 Hedge fund Steve Cohen | $3.3M | #1130 of 1945 | new | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $2K | #4405 of 4729 | 0.0% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
UPWK Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 139,044,818 (as of 2026-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
11 filers$9.72M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Wolverine Trading, LLC Custodian | $2.83M | 29.08% | 2025-09-30 |
| 2 | Citadel Advisors LLC Custodian | $2.41M | 24.74% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $1.31M | 13.46% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $1.09M | 11.26% | 2026-06-30 |
| 5 | Susquehanna International Group, LLP Custodian | $787.51K | 8.10% | 2026-06-30 |
| 6 | GROUP ONE TRADING LLC Custodian | $701.40K | 7.21% | 2026-06-30 |
| 7 | HSBC Holdings plc Custodian | $321.98K | 3.31% | 2026-06-30 |
| 8 | Walleye Capital LLC | $125.40K | 1.29% | 2026-06-30 |
| 9 | Simplex Trading, LLC Custodian | $78.58K | 0.81% | 2026-06-30 |
| 10 | Point72 Asset Management, L.P. | $46.82K | 0.48% | 2026-06-30 |
| 11 | Walleye Trading LLC | $25.08K | 0.26% | 2026-06-30 |
13 filers$12.63M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Goldman Sachs Group Inc Custodian | $3.92M | 31.07% | 2026-06-30 |
| 2 | Parallax Volatility Advisers, L.P. | $2.51M | 19.86% | 2026-06-30 |
| 3 | Susquehanna International Group, LLP Custodian | $1.45M | 11.46% | 2026-06-30 |
| 4 | Citadel Advisors LLC Custodian | $1.22M | 9.65% | 2026-06-30 |
| 5 | PEAK6 LLC | $1.20M | 9.51% | 2026-06-30 |
| 6 | Wolverine Trading, LLC Custodian | $739.49K | 5.86% | 2025-09-30 |
| 7 | TUDOR INVESTMENT CORP ET AL | $549.25K | 4.35% | 2026-06-30 |
| 8 | IMC-Chicago, LLC Custodian | $464.82K | 3.68% | 2026-06-30 |
| 9 | Jane Street Group, LLC Custodian | $325.20K | 2.58% | 2026-06-30 |
| 10 | Simplex Trading, LLC Custodian | $130.41K | 1.03% | 2026-06-30 |
| 11 | GROUP ONE TRADING LLC Custodian | $111.19K | 0.88% | 2026-06-30 |
| 12 | Walleye Trading LLC | $5.85K | 0.05% | 2026-06-30 |
| 13 | Walleye Capital LLC | $2.51K | 0.02% | 2026-06-30 |
UPWK Insider Trading (Form 4)
Latest: 2026-10-20Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-20 | Anthony Ray Kappus | GM & Chief Operating Officer | Mixed | +854 | $8.43 | -$4.7K | EDGAR |
| 2026-09-22 | Sabrina Mekhalfa | Chief Accounting Officer | Mixed | +2,279 | $8.45 | -$11.0K | EDGAR |
| 2026-09-22 | Anthony Ray Kappus | GM & Chief Operating Officer | Mixed | +69,128 | $8.45 | -$386.5K | EDGAR |
| 2026-09-22 | Hayden Brown | President & CEO | Mixed | +22,517 | $8.45 | -$201.9K | EDGAR |
| 2026-09-22 | Erica Gessert | Chief Financial Officer | Mixed | +8,797 | $8.45 | -$78.9K | EDGAR |
| 2026-08-20 | Anthony Ray Kappus | GM & Chief Operating Officer | Mixed | +3,151 | $8.43 | -$16.5K | EDGAR |
| 2026-08-20 | Hayden Brown | President & CEO | Mixed | −26,419 | $8.43 | -$617.2K | EDGAR |
| 2026-08-20 | Erica Gessert | Chief Financial Officer | Mixed | +23,180 | $8.43 | -$192.5K | EDGAR |
| 2026-07-21 | Anthony Ray Kappus | GM & Chief Operating Officer | Mixed | +854 | $9.06 | -$5.1K | EDGAR |
| 2026-06-23 | Hayden Brown | President & CEO | Mixed | +22,943 | $8.15 | -$191.3K | EDGAR |
| 2026-06-23 | Sabrina Mekhalfa | Chief Accounting Officer | Mixed | +2,301 | $8.15 | -$10.4K | EDGAR |
| 2026-06-23 | Erica Gessert | Chief Financial Officer | Mixed | +8,963 | $8.15 | -$74.7K | EDGAR |
| 2026-06-08 | Dana L Evan | Director | Award (A) | +20,880 | — | EDGAR | |
| 2026-06-08 | Kevin Harvey | Director | Award (A) | +27,087 | — | EDGAR | |
| 2026-06-08 | David H Lissy | Director | Award (A) | +66,026 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
UPWK Insider Holdings
16 insiders · @ $8.75
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Kevin Harvey | Director | 1,898,531 | $16.61M | $1.07M | 15 | 2026-06-08 |
| 2 | Thomas Layton | Director | 1,691,430 | $14.80M | -$18.34M | 18 | 2026-06-08 |
| 3 | Hayden Brown | President & CEO | 793,593 | $6.94M | -$55.70M | 91 | 2026-09-22 |
| 4 | Erica Gessert | Chief Financial Officer | 373,222 | $3.27M | -$4.15M | 22 | 2026-09-22 |
| 5 | Elizabeth A Nelson | Director | 373,011 | $3.26M | -$8.31M | 15 | 2025-05-14 |
| 6 | Gary Steele | Director | 112,216 | $981.9K | -$710.0K | 12 | 2026-06-08 |
| 7 | Anilu Vazquez-Ubarri | Director | 83,968 | $734.7K | $0 | 6 | 2025-06-09 |
| 8 | Leela Srinivasan | Director | 82,783 | $724.4K | -$640.5K | 9 | 2025-06-09 |
| 9 | Anthony Ray Kappus | GM & Chief Operating Officer | 77,755 | $680.4K | -$429.3K | 6 | 2026-10-20 |
| 10 | Glenn Kelman | Director | 66,422 | $581.2K | $0 | 2 | 2026-06-08 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
UPWK Board & Officers
As of SEC filings through Oct 20, 2026Directors 8
- Gary Steele · since Oct 2, 2018
- Kevin Harvey · since Oct 2, 2018
- Hayden Brown · listed since Dec 2019
- Thomas Layton · listed since Jun 2023
- Dana L Evan · since Jun 5, 2025
- Glenn Kelman · since Jun 5, 2025
- Claire Bramley · since Jun 4, 2026
- David H Lissy · since Jun 4, 2026
Officers 4
- Hayden Brown · President & CEO · listed since Jan 2020
- Erica Gessert · Chief Financial Officer · since Apr 25, 2023
- Anthony Ray Kappus · GM & Chief Operating Officer · since Apr 17, 2026
- Sabrina Mekhalfa · Chief Accounting Officer · since Dec 15, 2025
Changes in the last 10 years (78)
| Jun 4, 2026 | The company announced the departure of Leela Srinivasan from the board in an SEC filing |
| Jun 4, 2026 | The company announced the departure of Anilu Vazquez-Ubarri from the board in an SEC filing |
| Jun 4, 2026 | David H Lissy became a director |
| Jun 4, 2026 | Claire Bramley became a director |
| Apr 17, 2026 | Anthony Ray Kappus became GM & Chief Operating Officer |
| Mar 12, 2026 | The company announced the departure of Dave Bottoms as GM, Marketplace in an SEC filing |
| Dec 15, 2025 | Sabrina Mekhalfa became Chief Accounting Officer |
| Aug 21, 2025 | Olivier Marie reported in an SEC filing no longer being Chief Accounting Officer |
| Jun 5, 2025 | Glenn Kelman became a director |
| Jun 5, 2025 | Dana L Evan became a director |
| Jun 2, 2025 | The company announced the departure of Gregory C. Gretsch from the board in an SEC filing |
| Jun 2, 2025 | The company announced the departure of Elizabeth A Nelson from the board in an SEC filing |
| Mar 20, 2025 | Dave Bottoms listed as GM, Marketplace (previously GM VP II, Marketplace) in SEC filings |
| Apr 19, 2024 | Dave Bottoms became GM VP II, Marketplace |
| Jun 13, 2023 | Thomas Layton first listed as a director in an SEC filing |
| May 3, 2023 | The company announced the departure of Eric Gilpin as Chief Sales Officer in an SEC filing |
| Apr 25, 2023 | Erica Gessert became Chief Financial Officer |
| Sep 21, 2022 | The company announced the departure of Jeff McCombs as Chief Financial Officer in an SEC filing |
| Jun 10, 2022 | Olivier Marie became Chief Accounting Officer |
| Feb 23, 2022 | Eric Gilpin listed as Chief Sales Officer (previously Senior VP, Sales) in SEC filings |
| Nov 10, 2020 | Anilu Vazquez-Ubarri became a director |
| Aug 4, 2020 | Jeff McCombs became Chief Financial Officer |
| Jun 3, 2020 | Kevin Harvey no longer listed as a 10% owner in SEC filings |
| Apr 14, 2020 | Eric Gilpin became Senior VP, Sales |
| Mar 9, 2020 | Gregory C. Gretsch no longer listed as a 10% owner in SEC filings |
| Jan 22, 2020 | Hayden Brown listed as President & CEO (previously Chief Marketing & Product Ofcr) in SEC filings |
| Dec 16, 2019 | Hayden Brown first listed as a director in an SEC filing |
| Nov 12, 2019 | Sigma Partners 6 LP reported in an SEC filing no longer being a 10% owner |
| Nov 12, 2019 | Sigma Investors 6 LP reported in an SEC filing no longer being a 10% owner |
| Nov 12, 2019 | Sigma Associates 6, L.P. reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Steven M Spurlock reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Robert Kagle reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Peter H Fenton reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Mitchell Lasky reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | J William Gurley reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Bruce Dunlevie reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Benchmark Founders Fund V-B LP reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Benchmark Founders Fund V-A LP reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Benchmark Founders Fund V LP reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Benchmark Capital Partners V L P reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Benchmark Capital Management Co. V, L.L.C. reported in an SEC filing no longer being a 10% owner |
| Sep 17, 2019 | Alexandre Balkanski reported in an SEC filing no longer being a 10% owner |
| Aug 12, 2019 | Sigma Partners 6 LP first on file as a 10% owner |
| Aug 12, 2019 | Sigma Investors 6 LP first on file as a 10% owner |
| Aug 12, 2019 | Sigma Associates 6, L.P. first on file as a 10% owner |
| Jul 9, 2019 | Leela Srinivasan became a director |
| May 8, 2019 | Hayden Brown listed as Chief Marketing & Product Ofcr (previously SVP, Product & Design) in SEC filings |
| Apr 3, 2019 | Globespan Management Associates IV, LLC reported in an SEC filing no longer being a 10% owner |
| Apr 3, 2019 | Globespan Capital Partners IV LP reported in an SEC filing no longer being a 10% owner |
| Apr 3, 2019 | Andrew P Goldfarb reported in an SEC filing no longer being a 10% owner |
| Oct 2, 2018 | Steven M Spurlock became a 10% owner |
| Oct 2, 2018 | Stephane Kasriel became a director |
| Oct 2, 2018 | Stephane Kasriel became President & CEO |
| Oct 2, 2018 | Sigma Management 6 LLC became a 10% owner |
| Oct 2, 2018 | Robert Kagle became a 10% owner |
| Oct 2, 2018 | Peter H Fenton became a 10% owner |
| Oct 2, 2018 | Mitchell Lasky became a 10% owner |
| Oct 2, 2018 | Kevin Harvey became a director |
| Oct 2, 2018 | Kevin Harvey became a 10% owner |
| Oct 2, 2018 | J William Gurley became a 10% owner |
| Oct 2, 2018 | Hayden Brown became SVP, Product & Design |
| Oct 2, 2018 | Han-Shen Yuan became SVP, Engineering |
| Oct 2, 2018 | Gregory C. Gretsch became a director |
| Oct 2, 2018 | Gregory C. Gretsch became a 10% owner |
| Oct 2, 2018 | Globespan Management Associates IV, LLC became a 10% owner |
| Oct 2, 2018 | Globespan Capital Partners IV LP became a 10% owner |
| Oct 2, 2018 | Gary Steele became a director |
| Oct 2, 2018 | Elizabeth A Nelson became a director |
| Oct 2, 2018 | Dan Marriott became a director |
| Oct 2, 2018 | Bruce Dunlevie became a 10% owner |
| Oct 2, 2018 | Brian K Kinion became Chief Financial Officer |
| Oct 2, 2018 | Benchmark Founders Fund V-B LP became a 10% owner |
| Oct 2, 2018 | Benchmark Founders Fund V-A LP became a 10% owner |
| Oct 2, 2018 | Benchmark Founders Fund V LP became a 10% owner |
| Oct 2, 2018 | Benchmark Capital Partners V L P became a 10% owner |
| Oct 2, 2018 | Benchmark Capital Management Co. V, L.L.C. became a 10% owner |
| Oct 2, 2018 | Andrew P Goldfarb became a 10% owner |
| Oct 2, 2018 | Alexandre Balkanski became a 10% owner |
Not reported recently (5)
- Dan Marriott · Last reported as a director in an SEC filing dated Jun 2, 2020
- Brian K Kinion · Last reported as Chief Financial Officer in an SEC filing dated Mar 3, 2020
- Stephane Kasriel · Last reported as a director in an SEC filing dated Mar 3, 2020
- Han-Shen Yuan · Last reported as SVP, Engineering in an SEC filing dated Nov 20, 2019
- Sigma Management 6 LLC · Last reported as a 10% owner in an SEC filing dated Oct 5, 2018
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
UPWK Proposed Insider Sales (Form 144)
Latest: 2026-10-19
? Form 144 Guide
Last 30d:
1 filing
· $5K notice value
· Last 90d:
7 filings
· $1.5M notice value
· 3 unique filers
· 14% under 10b5-1 plans
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-10-19 | ANTHONY KAPPUS | Officer | 559 | $4.7K | 2026-10-19 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-09-18 | ERICA GESSERT | Officer | 9,336 | $78.9K | 2026-09-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-09-18 | HAYDEN BROWN | Officer, Director | 23,893 | $201.9K | 2026-09-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-09-18 | ANTHONY KAPPUS | Officer | 45,732 | $386.5K | 2026-09-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-08-18 | HAYDEN BROWN | Officer, Director | 23,241 | $195.8K | 2026-08-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-08-18 | ERICA GESSERT | Officer | 22,844 | $192.5K | 2026-08-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-08-18 | HAYDEN BROWN | Director, Officer | 50,000 | $409.5K | 2026-08-18 | Morgan Stanley Smith Barney LLC … | 10b5-1 | EDGAR |
| 2026-06-18 | HAYDEN BROWN | Officer, Director | 23,468 | $191.3K | 2026-06-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-06-18 | ERICA GESSERT | Officer | 9,169 | $74.7K | 2026-06-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2026-05-18 | ERICA GESSERT | Officer | 22,162 | $192.0K | 2026-05-18 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
102 ETFs hold UPWK
25 shown · $298.68M total exposure · 0.05% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IJR iShares Core S&P Small-Cap ETF | iShares (BlackRock) | 0.06% | $65.1M | $103.1B | 2026-10-20 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $30.1M | — | 2026-09-30 |
| 3 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.04% | $26.9M | $75.1B | 2026-10-20 |
| 4 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.01% | $21.8M | — | 2026-09-30 |
| 5 | DFSV Dimensional US Small Cap Value ETF | Dimensional | 0.07% | $17.9M | — | 2026-10-20 |
| 6 | DFAT Dimensional US Targeted Value ETF | Dimensional | 0.04% | $13.5M | — | 2026-10-20 |
| 7 | VBK Vanguard Morningstar Small-Cap Growth ETF | Vanguard | 0.03% | $12.1M | — | 2026-09-30 |
| 8 | VXF Vanguard Extended Market ETF | Vanguard | 0.01% | $11.5M | — | 2026-09-30 |
| 9 | IJT iShares S&P Small-Cap 600 Growth ETF | iShares (BlackRock) | 0.13% | $10.1M | $7.6B | 2026-10-20 |
| 10 | SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF | SPDR (State Street) | 0.06% | $9.9M | $15.7B | 2026-10-20 |
| 11 | FESM Fidelity Enhanced Small Cap Core ETF | Fidelity | 0.15% | $9.9M | $6.6B | 2026-10-20 |
| 12 | AVUV Avantis U.S. Small Cap Value ETF | Avantis | 0.03% | $8.6M | $31.4B | 2026-10-20 |
| 13 | CALF Pacer US Small Cap Cash Cows 100 ETF | Nport | 0.21% | $7.4M | — | 2026-04-30 |
| 14 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.05% | $7.0M | $13.7B | 2026-10-20 |
| 15 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.02% | $6.9M | — | 2026-10-20 |
| 16 | SLYG State Street® SPDR® S&P 600™ Small Cap Growth ETF | SPDR (State Street) | 0.13% | $6.2M | $4.6B | 2026-10-20 |
| 17 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.03% | $5.7M | — | 2026-09-30 |
| 18 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.02% | $5.5M | — | 2026-05-31 |
| 19 | SFLO VictoryShares Small Cap Free Cash Flow ETF | Nport | 0.73% | $4.4M | — | 2026-06-30 |
| 20 | PSC Principal U.S. Small-Cap ETF | Nport | 0.18% | $4.3M | — | 2026-06-30 |
| 21 | VIOO Vanguard S&P Small-Cap 600 ETF | Vanguard | 0.06% | $3.6M | — | 2026-09-30 |
| 22 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.02% | $2.8M | $13.6B | 2026-10-20 |
| 23 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.00% | $2.6M | — | 2026-10-20 |
| 24 | IBUY Amplify Online Retail ETF | Amplify | 1.98% | $2.5M | $128.6M | 2026-10-20 |
| 25 | SMLF iShares U.S. Small-Cap Equity Factor ETF | iShares (BlackRock) | 0.05% | $2.1M | $4.2B | 2026-10-20 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
10.80
TTM Diluted EPS
$0.81
TTM Revenue
$790.56M
TTM Net Income
$109.73M
TTM Op. Cash Flow
$234.31M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $195.48M | $32.03M | $0.24 | $23.02M |
| Q4 '25 | 2025-12-31 | $198.41M | $15.63M | $0.12 | $63.70M |
| Q3 '25 | 2025-09-30 | $201.73M | $29.34M | $0.21 | $75.08M |
| Q2 '25 | 2025-06-30 | $194.94M | $32.73M | $0.24 | $72.51M |
| Q1 '25 | 2025-03-31 | $192.71M | $38.31M | $0.27 | $36.97M |
| Q4 '24 | 2024-12-31 | $191.48M | $147.17M | $1.02 | $38.58M |
| Q3 '24 | 2024-09-30 | $193.78M | $27.76M | $0.20 | $60.96M |
| Q2 '24 | 2024-06-30 | $193.13M | $22.22M | $0.17 | $39.20M |
| Q1 '24 | 2024-03-31 | $190.94M | $18.44M | $0.13 | $14.81M |
| Q4 '23 | 2023-12-31 | $183.93M | $17.37M | $0.12 | $20.15M |
| Q3 '23 | 2023-09-30 | $175.73M | $16.34M | $0.12 | $36.95M |
| Q2 '23 | 2023-06-30 | $168.61M | $-3.99M | $-0.03 | $4.31M |
Q1 2026 • period ending 2026-03-31 • filed 2026-05-07
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
10.80
P/B
2.14
P/S
1.54
EV/EBITDA
5.79
EV/Sales
1.12
ROE
19.3%
ROA
8.8%
Div Yield
0.00%
FCF Yield
19.26%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$1.22B
as of 2026-10-21
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
17.53M
SI % of Float
14.81%
Days to Cover
6.83
Short Vol Ratio
65.7%
Free Float
118.41M
Float %
94.8%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-14