Debt (Tables)

6 Months Ended

Jun. 30, 2025

The following table presents the carrying value of the Company’s debt obligations as of June 30, 2025 and December 31, 2024:


(In thousands)	June 30, 2025			December 31, 2024
Convertible senior notes	$	360,998		$	360,998
Total debt	360,998			360,998
Less: unamortized debt issuance costs	(2,149)			(3,070)


Debt, noncurrent	$	358,849		$	357,928
Weighted-average interest rate	0.77		%	0.76		%

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details

UPWORK, INC 10-Q