Upwork (UPWK) CEO pay: $41.2M actually paid in FY2025
$UPWK · UPWORK, INCData through FY2025 — latest proxy filed 2026-04-23, checked for new filings 2026-08-21. Every number links to its source.
10.5× the tracked-company median CEO pay ($3.9M).
Pay vs. Performance (Compensation Actually Paid)
What the CEO was actually paid, by fiscal year
A negative figure is not pay returned. Compensation Actually Paid re-values unvested equity every year, so when a stock falls, the write-down on awards granted earlier can exceed everything granted that year. How CAP is calculated
What $100 invested was worth, company vs peer group
Pay-vs-Performance table
| FY | CEO pay on paper | CEO pay actually earned | Other top execs (avg) | Value of $100 invested since FY2020 | Same, peer group since FY2020 | Net income |
|---|---|---|---|---|---|---|
| 2025 | $17.1M | $41.2M | $10.0M | $186.00 | $230.00 | $115.4M |
| 2024 | $9.9M | $11.3M | $8.2M | $153.00 | $188.00 | $215.6M |
| 2023 | $9.5M | $13.6M | $4.3M | $139.00 | $176.00 | $46.9M |
| 2022 | $8.5M | -$25.6M | -$3.2M | $98.00 | $108.00 | -$89.9M |
| 2021 | $34.9M | $29.7M | $2.0M | $320.00 | $178.00 | -$56.2M |
| 2020 | $848,412 | $26.0M | $4.2M | $324.00 | $140.00 | -$22.9M |
A negative figure is not pay returned. Compensation Actually Paid re-values unvested equity every year, so when a stock falls, the write-down on awards granted earlier can exceed everything granted that year. How CAP is calculated
Frequently asked
How much did the UPWK CEO make in 2025?
$41,181,795 in Compensation Actually Paid (CAP) as UPWORK, INC's CEO (the filing reports this year's PEO pay without tagging which named executive it belongs to), updated 2026-04-23.
What is pay vs. performance (PvP)?
An SEC disclosure (Item 402(v), required since FY2022) linking named-executive pay to company total shareholder return (TSR) over up to 5 years.
What is Compensation Actually Paid (CAP)?
CAP starts from the Summary Compensation Table total and adjusts equity awards to fair value as of each year-end/vesting date, rather than grant-date value — see the glossary entry for the full walk-through.
Also on UPWK: SEC & DOJ enforcement actions · CEO track-record ranking · Glossary