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Side-by-side financial comparison of Addus HomeCare Corp (ADUS) and UPWORK, INC (UPWK). Click either name above to swap in a different company.

Addus HomeCare Corp is the larger business by last-quarter revenue ($373.1M vs $195.5M, roughly 1.9× UPWORK, INC). UPWORK, INC runs the higher net margin — 16.1% vs 8.0%, a 8.1% gap on every dollar of revenue. On growth, Addus HomeCare Corp posted the faster year-over-year revenue change (25.6% vs 1.4%). Addus HomeCare Corp produced more free cash flow last quarter ($16.1M vs $12.9M). Over the past eight quarters, Addus HomeCare Corp's revenue compounded faster (15.3% CAGR vs 0.6%).

Addus HomeCare Corp is a U.S.-based provider of comprehensive in-home care services, including personal care assistance, home health support, and hospice care. It primarily serves elderly, disabled, and chronically ill clients across multiple U.S. states, partnering with government payers, private insurers, and individual clients to deliver tailored care solutions.

Upwork Inc. is an American freelancing platform headquartered in Santa Clara and San Francisco, California. The company was formed in 2013 as Elance-oDesk after the merger of Elance Inc. and oDesk Corp. The merged company was subsequently rebranded as Upwork in 2015.

ADUS vs UPWK — Head-to-Head

Bigger by revenue
ADUS
ADUS
1.9× larger
ADUS
$373.1M
$195.5M
UPWK
Growing faster (revenue YoY)
ADUS
ADUS
+24.1% gap
ADUS
25.6%
1.4%
UPWK
Higher net margin
UPWK
UPWK
8.1% more per $
UPWK
16.1%
8.0%
ADUS
More free cash flow
ADUS
ADUS
$3.2M more FCF
ADUS
$16.1M
$12.9M
UPWK
Faster 2-yr revenue CAGR
ADUS
ADUS
Annualised
ADUS
15.3%
0.6%
UPWK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ADUS
ADUS
UPWK
UPWK
Revenue
$373.1M
$195.5M
Net Profit
$29.8M
$31.5M
Gross Margin
33.1%
77.2%
Operating Margin
11.3%
16.7%
Net Margin
8.0%
16.1%
Revenue YoY
25.6%
1.4%
Net Profit YoY
52.5%
EPS (diluted)
$1.62
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADUS
ADUS
UPWK
UPWK
Q1 26
$195.5M
Q4 25
$373.1M
$198.4M
Q3 25
$362.3M
$201.7M
Q2 25
$349.4M
$194.9M
Q1 25
$337.7M
$192.7M
Q4 24
$297.1M
$191.5M
Q3 24
$289.8M
$193.8M
Q2 24
$286.9M
$193.1M
Net Profit
ADUS
ADUS
UPWK
UPWK
Q1 26
$31.5M
Q4 25
$29.8M
$15.6M
Q3 25
$22.8M
$29.3M
Q2 25
$22.1M
$32.7M
Q1 25
$21.2M
$37.7M
Q4 24
$19.5M
$147.2M
Q3 24
$20.2M
$27.8M
Q2 24
$18.1M
$22.2M
Gross Margin
ADUS
ADUS
UPWK
UPWK
Q1 26
77.2%
Q4 25
33.1%
78.0%
Q3 25
32.2%
77.3%
Q2 25
32.6%
77.7%
Q1 25
31.9%
78.3%
Q4 24
34.2%
77.7%
Q3 24
31.8%
77.6%
Q2 24
32.5%
77.3%
Operating Margin
ADUS
ADUS
UPWK
UPWK
Q1 26
16.7%
Q4 25
11.3%
14.3%
Q3 25
9.1%
14.8%
Q2 25
9.4%
16.7%
Q1 25
9.0%
20.1%
Q4 24
9.1%
7.1%
Q3 24
9.0%
10.7%
Q2 24
9.1%
9.2%
Net Margin
ADUS
ADUS
UPWK
UPWK
Q1 26
16.1%
Q4 25
8.0%
7.9%
Q3 25
6.3%
14.5%
Q2 25
6.3%
16.8%
Q1 25
6.3%
19.6%
Q4 24
6.6%
76.9%
Q3 24
7.0%
14.3%
Q2 24
6.3%
11.5%
EPS (diluted)
ADUS
ADUS
UPWK
UPWK
Q1 26
$0.24
Q4 25
$1.62
$0.12
Q3 25
$1.24
$0.21
Q2 25
$1.20
$0.24
Q1 25
$1.16
$0.27
Q4 24
$1.06
$1.02
Q3 24
$1.10
$0.20
Q2 24
$1.10
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADUS
ADUS
UPWK
UPWK
Cash + ST InvestmentsLiquidity on hand
$328.4M
Total DebtLower is stronger
$121.0M
Stockholders' EquityBook value
$1.1B
$569.6M
Total Assets
$1.4B
$1.2B
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADUS
ADUS
UPWK
UPWK
Q1 26
$328.4M
Q4 25
$672.8M
Q3 25
$643.1M
Q2 25
$634.6M
Q1 25
$97.0M
$622.1M
Q4 24
$98.9M
$622.1M
Q3 24
$222.9M
$601.2M
Q2 24
$173.3M
$497.7M
Total Debt
ADUS
ADUS
UPWK
UPWK
Q1 26
Q4 25
$121.0M
$359.8M
Q3 25
$150.6M
$359.3M
Q2 25
$169.1M
Q1 25
Q4 24
$218.4M
$357.9M
Q3 24
Q2 24
Stockholders' Equity
ADUS
ADUS
UPWK
UPWK
Q1 26
$569.6M
Q4 25
$1.1B
$630.3M
Q3 25
$1.0B
$628.1M
Q2 25
$1.0B
$608.7M
Q1 25
$995.4M
$594.3M
Q4 24
$970.5M
$575.4M
Q3 24
$947.6M
$411.2M
Q2 24
$921.7M
$361.1M
Total Assets
ADUS
ADUS
UPWK
UPWK
Q1 26
$1.2B
Q4 25
$1.4B
$1.3B
Q3 25
$1.4B
$1.3B
Q2 25
$1.4B
$1.3B
Q1 25
$1.4B
$1.2B
Q4 24
$1.4B
$1.2B
Q3 24
$1.2B
$1.1B
Q2 24
$1.1B
$1.0B
Debt / Equity
ADUS
ADUS
UPWK
UPWK
Q1 26
Q4 25
0.11×
0.57×
Q3 25
0.14×
0.57×
Q2 25
0.17×
Q1 25
Q4 24
0.23×
0.62×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADUS
ADUS
UPWK
UPWK
Operating Cash FlowLast quarter
$18.8M
$23.0M
Free Cash FlowOCF − Capex
$16.1M
$12.9M
FCF MarginFCF / Revenue
4.3%
6.6%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
0.63×
0.73×
TTM Free Cash FlowTrailing 4 quarters
$103.8M
$220.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADUS
ADUS
UPWK
UPWK
Q1 26
$23.0M
Q4 25
$18.8M
$63.7M
Q3 25
$51.3M
$75.1M
Q2 25
$22.5M
$72.5M
Q1 25
$18.9M
$37.0M
Q4 24
$10.4M
$38.6M
Q3 24
$48.5M
$61.0M
Q2 24
$18.8M
$39.2M
Free Cash Flow
ADUS
ADUS
UPWK
UPWK
Q1 26
$12.9M
Q4 25
$16.1M
$63.2M
Q3 25
$49.3M
$74.6M
Q2 25
$21.3M
$70.1M
Q1 25
$17.1M
$34.5M
Q4 24
$8.7M
$37.0M
Q3 24
$46.6M
$59.8M
Q2 24
$17.7M
$38.6M
FCF Margin
ADUS
ADUS
UPWK
UPWK
Q1 26
6.6%
Q4 25
4.3%
31.9%
Q3 25
13.6%
37.0%
Q2 25
6.1%
36.0%
Q1 25
5.1%
17.9%
Q4 24
2.9%
19.3%
Q3 24
16.1%
30.8%
Q2 24
6.2%
20.0%
Capex Intensity
ADUS
ADUS
UPWK
UPWK
Q1 26
Q4 25
0.7%
0.2%
Q3 25
0.5%
0.2%
Q2 25
0.4%
1.2%
Q1 25
0.6%
1.3%
Q4 24
0.6%
0.8%
Q3 24
0.7%
0.6%
Q2 24
0.4%
0.3%
Cash Conversion
ADUS
ADUS
UPWK
UPWK
Q1 26
0.73×
Q4 25
0.63×
4.07×
Q3 25
2.24×
2.56×
Q2 25
1.02×
2.22×
Q1 25
0.89×
0.98×
Q4 24
0.53×
0.26×
Q3 24
2.41×
2.20×
Q2 24
1.04×
1.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADUS
ADUS

Personal Care$286.0M77%
Hospice$70.0M19%
Home Health$17.1M5%

UPWK
UPWK

Marketplace$170.7M87%
Enterprise$24.8M13%

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