Upwork inc. (UPWK)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Sep'17
Revenue

315,282

300,562

288,860

274,187

262,612

253,354

238,274

0

0

0

Cost of revenue

90,504

88,144

86,087

84,097

82,966

81,458

77,472

0

0

0

Gross profit

224,778

212,418

202,773

190,090

179,646

171,896

160,802

0

0

0

Operating expenses
Research and development

67,575

64,027

62,513

60,681

57,797

55,488

52,194

0

0

0

Sales and marketing

106,051

95,891

88,228

81,873

73,808

72,963

68,680

0

0

0

General and administrative

69,490

67,327

61,527

56,715

53,821

49,336

43,054

0

0

0

Provision for transaction losses

4,180

3,905

3,915

4,593

5,188

5,821

5,685

0

0

0

Total operating expenses

247,296

231,150

216,183

203,862

190,614

183,608

169,613

0

0

0

Loss from operations

-22,518

-18,732

-13,410

-13,772

-10,968

-11,712

-8,811

0

0

0

Interest expense

1,163

1,306

1,411

1,683

1,882

2,038

1,873

0

0

0

Other (income) expense, net

2,197

3,407

-524

-4,409

-5,414

-6,142

-4,105

0

0

0

Loss before income taxes

-21,484

-16,631

-15,345

-19,864

-18,264

-19,892

-14,789

0

0

0

Income tax provision

36

28

34

34

19

15

54

0

0

0

Net loss

-21,520

-16,659

-15,379

-19,898

-18,283

-19,907

-14,843

0

0

0

Net loss attributable to common stockholders

-

-

-

-

-

-

-

-

-

0

Net loss per share, basic and diluted (in dollars per share)

-0.09

-0.05

-0.03

-0.02

-0.05

0.03

-0.20

-0.01

-0.20

-0.01

Weighted-average shares used to compute net loss per share, basic and diluted (in shares)

114,118

112,772

111,163

108,683

106,639

103,942

36,069

35,105

34,193

33,298