10-Q Filing

UPWORK, INC CIK: 1627475 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001627475-25-000033`
Period End Date	20250331
Filing Date	20250505
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	upwk-20250331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 140 Income Statement 76 Cash Flow Statement 132 Stockholders Equity 48

Balance Sheet 140 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.33M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.33M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.65M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.65M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$305.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$305.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$304.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$304.45M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	135.35M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	135.35M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$316.34M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$316.34M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	134.05M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	134.05M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$317.62M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$317.62M	USD	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$195.74M	USD	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$195.74M	USD	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$215.94M	USD	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$215.94M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	135.35M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	135.35M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	134.05M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	134.05M	shares	Point-in-time
Trade and client receivables net of allowance of $5,326 and $4,646 as of March 31, 2025 and December 31, 2024, respectively	`AccountsReceivableNetCurrent`	$77.92M	USD	Point-in-time
Trade and client receivables net of allowance of $5,326 and $4,646 as of March 31, 2025 and December 31, 2024, respectively	`AccountsReceivableNetCurrent`	$77.92M	USD	Point-in-time
Trade and client receivables net of allowance of $5,326 and $4,646 as of March 31, 2025 and December 31, 2024, respectively	`AccountsReceivableNetCurrent`	$75.49M	USD	Point-in-time
Trade and client receivables net of allowance of $5,326 and $4,646 as of March 31, 2025 and December 31, 2024, respectively	`AccountsReceivableNetCurrent`	$75.49M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$22.09M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$22.09M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.73M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$911.05M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$911.05M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$938.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$938.01M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$30.06M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$30.06M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$34.93M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$34.93M	USD	Point-in-time
Goodwill	`Goodwill`	$121.06M	USD	Point-in-time
Goodwill	`Goodwill`	$121.06M	USD	Point-in-time
Goodwill	`Goodwill`	$121.06M	USD	Point-in-time
Goodwill	`Goodwill`	$121.06M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$11.17M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$11.17M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$12.99M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$12.99M	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$5.55M	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$5.55M	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$5.75M	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$5.75M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$127.76M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$127.76M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$128.78M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$128.78M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.58M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.58M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.92M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.92M	USD	Point-in-time
Total assets	`Assets`	$1.24B	USD	Point-in-time
Total assets	`Assets`	$1.24B	USD	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.13M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.12M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.12M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$195.74M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$195.74M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$215.94M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$215.94M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$59.30M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$59.30M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$47.14M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$47.14M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$7.50M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$7.50M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$7.27M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$7.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$268.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$268.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$274.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$274.70M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$358.39M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$358.39M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$357.93M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$357.93M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$9.57M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$9.57M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$10.38M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$10.38M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$2.25M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$2.25M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$308.00K	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$308.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$636.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$636.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$645.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$645.72M	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 134,048,900 and 135,348,453 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$14.00K	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 134,048,900 and 135,348,453 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$14.00K	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 134,048,900 and 135,348,453 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$13.00K	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 134,048,900 and 135,348,453 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$13.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$634.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$634.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$653.58M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$653.58M	USD	Point-in-time
Accumulated and other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$548.00K	USD	Point-in-time
Accumulated and other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$548.00K	USD	Point-in-time
Accumulated and other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$264.00K	USD	Point-in-time
Accumulated and other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$264.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-40.75M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-40.75M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-78.48M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-78.48M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$381.07M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$381.07M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$575.38M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$575.38M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$348.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$348.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$594.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$594.34M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.24B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.24B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$190.94M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$190.94M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$192.71M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$192.71M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$44.19M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$44.19M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$41.81M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$41.81M	USD	1 Quarter
Gross profit	`GrossProfit`	$146.74M	USD	1 Quarter
Gross profit	`GrossProfit`	$146.74M	USD	1 Quarter
Gross profit	`GrossProfit`	$150.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$150.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$46.15M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$46.15M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$52.92M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$52.92M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$35.75M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$35.75M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$47.85M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$47.85M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$32.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$32.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.05M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.05M	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$2.26M	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$2.26M	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$927.00K	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$927.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$133.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$133.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$112.21M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$112.21M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$13.05M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$13.05M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$38.69M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$38.69M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.72M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.72M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.32M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.32M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.77M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.77M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.01M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.01M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.33M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.33M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$7.28M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$7.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.73M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.21M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	135.21M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	136.36M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	136.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	143.66M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	143.66M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.78M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	142.78M	shares	1 Quarter
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-591.00K	USD	1 Quarter
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-591.00K	USD	1 Quarter
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$284.00K	USD	1 Quarter
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$284.00K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$38.01M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$38.01M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.85M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.85M	USD	1 Quarter

Cash Flow Statement 132 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$37.73M	USD	1 Quarter
Net income	`ProfitLoss`	$37.73M	USD	1 Quarter
Net income	`ProfitLoss`	$18.44M	USD	1 Quarter
Net income	`ProfitLoss`	$18.44M	USD	1 Quarter
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$796.00K	USD	1 Quarter
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$796.00K	USD	1 Quarter
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$2.07M	USD	1 Quarter
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$2.07M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.86M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.86M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.15M	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$460.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$460.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$460.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$460.00K	USD	1 Quarter
Accretion of discount on purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.88M	USD	1 Quarter
Accretion of discount on purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.88M	USD	1 Quarter
Accretion of discount on purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.94M	USD	1 Quarter
Accretion of discount on purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.94M	USD	1 Quarter
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$202.00K	USD	1 Quarter
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$202.00K	USD	1 Quarter
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$847.00K	USD	1 Quarter
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$847.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`IncreaseDecreaseInCommonStockWarrant`	$188.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`IncreaseDecreaseInCommonStockWarrant`	$188.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`IncreaseDecreaseInCommonStockWarrant`	$188.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`IncreaseDecreaseInCommonStockWarrant`	$188.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$16.94M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$16.94M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$12.27M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$12.27M	USD	1 Quarter
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$3.23M	USD	1 Quarter
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$3.23M	USD	1 Quarter
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$3.54M	USD	1 Quarter
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$3.54M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.13M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.13M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.30M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.30M	USD	1 Quarter
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$830.00K	USD	1 Quarter
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$830.00K	USD	1 Quarter
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$-1.55M	USD	1 Quarter
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$-1.55M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$782.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$782.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.99M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.99M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-11.11M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-11.11M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-10.90M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-10.90M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-4.11M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-4.11M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$227.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$227.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.97M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.97M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.81M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.81M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$149.88M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$149.88M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$50.71M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$50.71M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$131.77M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$131.77M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$51.38M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$51.38M	USD	1 Quarter
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$26.91M	USD	1 Quarter
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$26.91M	USD	1 Quarter
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$280.00K	USD	1 Quarter
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$280.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$177.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$177.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.47M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.47M	USD	1 Quarter
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$3.70M	USD	1 Quarter
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$3.70M	USD	1 Quarter
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$2.49M	USD	1 Quarter
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$2.49M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.14M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.14M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.22M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.22M	USD	1 Quarter
Change in escrow funds payable, net	`ChangesInEscrowFundsPayableNet`	$1.39M	USD	1 Quarter
Change in escrow funds payable, net	`ChangesInEscrowFundsPayableNet`	$1.39M	USD	1 Quarter
Change in escrow funds payable, net	`ChangesInEscrowFundsPayableNet`	$19.26M	USD	1 Quarter
Change in escrow funds payable, net	`ChangesInEscrowFundsPayableNet`	$19.26M	USD	1 Quarter
Proceeds from exercises of stock options and common stock warrants	`ProceedsFromExercisesOfStockOptionsAndCommonStockWarrants`	$652.00K	USD	1 Quarter
Proceeds from exercises of stock options and common stock warrants	`ProceedsFromExercisesOfStockOptionsAndCommonStockWarrants`	$652.00K	USD	1 Quarter
Proceeds from exercises of stock options and common stock warrants	`ProceedsFromExercisesOfStockOptionsAndCommonStockWarrants`	$106.00K	USD	1 Quarter
Proceeds from exercises of stock options and common stock warrants	`ProceedsFromExercisesOfStockOptionsAndCommonStockWarrants`	$106.00K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$33.05M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$33.05M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$66.88M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$66.88M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.14M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.14M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-65.38M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-65.38M	USD	1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$18.60M	USD	1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$18.60M	USD	1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-44.42M	USD	1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-44.42M	USD	1 Quarter
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.59M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.59M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$524.19M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$524.19M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.42M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.42M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$251.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$251.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.59M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.59M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$524.19M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$524.19M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.42M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.42M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$251.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$251.99M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$458.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$458.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$451.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$451.00K	USD	1 Quarter
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$875.00K	USD	1 Quarter
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$875.00K	USD	1 Quarter
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$160.00K	USD	1 Quarter
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$160.00K	USD	1 Quarter
Internal-use software and platform development costs incurred but not yet paid	`InternalUseSoftwareAndPlatformDevelopmentCostsIncurredButNotPaid`	$227.00K	USD	1 Quarter
Internal-use software and platform development costs incurred but not yet paid	`InternalUseSoftwareAndPlatformDevelopmentCostsIncurredButNotPaid`	$227.00K	USD	1 Quarter
Internal-use software and platform development costs incurred but not yet paid	`InternalUseSoftwareAndPlatformDevelopmentCostsIncurredButNotPaid`	$30.00K	USD	1 Quarter
Internal-use software and platform development costs incurred but not yet paid	`InternalUseSoftwareAndPlatformDevelopmentCostsIncurredButNotPaid`	$30.00K	USD	1 Quarter

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	135.35M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	135.35M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	134.05M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	134.05M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$381.07M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$381.07M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$575.38M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$575.38M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$348.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$348.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$594.34M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$594.34M	USD	Point-in-time
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$652.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$652.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsAndWarrantExercised`	$106.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options and common stock warrants	`StockIssuedDuringPeriodValueStockOptionsAndWarrantExercised`	$106.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.34M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.34M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.09M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.09M	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$188.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$188.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$188.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$188.00K	USD	1 Quarter
Repurchase of common stock, including excise tax	`StockRepurchasedDuringPeriodIncludingExciseTaxValue`	$67.43M	USD	1 Quarter
Repurchase of common stock, including excise tax	`StockRepurchasedDuringPeriodIncludingExciseTaxValue`	$67.43M	USD	1 Quarter
Repurchase of common stock, including excise tax	`StockRepurchasedDuringPeriodIncludingExciseTaxValue`	$33.23M	USD	1 Quarter
Repurchase of common stock, including excise tax	`StockRepurchasedDuringPeriodIncludingExciseTaxValue`	$33.23M	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-591.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-591.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$284.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$284.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.73M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	135.35M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	135.35M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	134.05M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	134.05M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$381.07M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$381.07M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$575.38M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$575.38M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$348.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$348.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$594.34M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$594.34M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.