Is UPWORK, INC (UPWK) Halal?

NASDAQ Communication Services United States $1.4B
✗ NOT HALAL
Confidence: 90/100
UPWORK, INC (UPWK) is Not Halal under AAOIFI Standard 21. While the debt ratio of 21.4% is acceptable, the cash and interest-bearing securities ratio of 38.9% exceeds the 30% threshold. UPWORK, INC operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 21.4%
/ 30%
38.9%
/ 30%
4.4%
/ 30%
3.03%
/ 5%
✗ NOT HALAL
DJIM 21.4%
/ 33%
38.9%
/ 33%
4.4%
/ 33%
3.03%
/ 5%
✗ NOT HALAL
MSCI 28.6%
/ 33%
51.8%
/ 33%
5.9%
/ 33%
3.03%
/ 5%
✗ NOT HALAL
S&P 21.4%
/ 33%
38.9%
/ 33%
4.4%
/ 33%
3.03%
/ 5%
✗ NOT HALAL
FTSE 28.6%
/ 33%
51.8%
/ 33%
5.9%
/ 50%
3.03%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
12.9
Forward: 6.3
EPS
$0.84
P/B Ratio
2.3
EV/EBITDA
7.7
EV: $1.1B
Revenue
$788M
Growth: 3.6%
Beta
1.1
Average volatility
Current Ratio
1.5

Profitability

Gross Margin 77.8%
Operating Margin 14.3%
Net Margin 14.7%
Return on Equity (ROE) 19.1%
Return on Assets (ROA) 6.7%

Cash Flow & Balance Sheet

Operating Cash Flow$248M
Free Cash Flow$223M
Total Debt$371M
Debt-to-Equity58.9
Current Ratio1.5
Total Assets$1.3B

Price & Trading

Last Close$11.19
50-Day MA$15.12
200-Day MA$16.21
Avg Volume3.5M
Beta1.1
52-Week Range
$10.72
$22.84

About UPWORK, INC (UPWK)

CEO
Ms. Hayden Brown
Employees
630
Sector
Communication Services
Industry
Internet Content & Information
Country
United States
Exchange
NASDAQ
Market Cap
$1.4B
Currency
USD

Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally. The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well as web, mobile, and software development. Its marketplace also streamlines workflows, such as talent sourcing, outreach, contracting, and engagement management, as well as provides infrastructure for remote collaboration, including communication and collaboration tools, consolidated invoicing, and payment protection; and Upwork Payroll services. It also offers enterprise solutions that provide access to platform capabilities that support contingent workforce solutions, including sourcing, onboarding, classification, compliance and contract management, payments, and reporting. In addition, the company offers managed services that provide a service-led program management and end-to-end project delivery solution that enables enterprise clients to outsource defined functions or projects; Uma, an AI assistant; and escrow services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was founded in 1998 and is headquartered in Palo Alto, California.

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Frequently Asked Questions

Is UPWORK, INC (UPWK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), UPWORK, INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is UPWORK, INC's debt ratio?

UPWORK, INC's debt ratio is 21.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 28.6%.

What are UPWORK, INC's key financial metrics?

UPWORK, INC has a market capitalization of $1.4B, trailing P/E ratio of 12.9, and revenue of $788M. The company maintains a gross margin of 77.8% and a net margin of 14.7%. Return on equity stands at 19.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.