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Side-by-side financial comparison of Kosmos Energy Ltd. (KOS) and UPWORK, INC (UPWK). Click either name above to swap in a different company.

Kosmos Energy Ltd. is the larger business by last-quarter revenue ($294.6M vs $198.4M, roughly 1.5× UPWORK, INC). On growth, UPWORK, INC posted the faster year-over-year revenue change (3.6% vs -25.9%). Over the past eight quarters, UPWORK, INC's revenue compounded faster (1.9% CAGR vs -16.5%).

Kosmos Energy is an American upstream oil company founded and based in Dallas, Texas. While previously incorporated in Bermuda, Kosmos has reincorporated in Delaware. The company holds production and development operations offshore Ghana, Equatorial Guinea, and Gulf of Mexico, while holding a development project offshore Mauritania and Senegal, and exploration licenses offshore Namibia, São Tomé and Príncipe and Suriname. It was previously involved in exploration offshore Morocco and Western ...

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.

KOS vs UPWK — Head-to-Head

Bigger by revenue
KOS
KOS
1.5× larger
KOS
$294.6M
$198.4M
UPWK
Growing faster (revenue YoY)
UPWK
UPWK
+29.5% gap
UPWK
3.6%
-25.9%
KOS
Faster 2-yr revenue CAGR
UPWK
UPWK
Annualised
UPWK
1.9%
-16.5%
KOS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KOS
KOS
UPWK
UPWK
Revenue
$294.6M
$198.4M
Net Profit
$15.6M
Gross Margin
78.0%
Operating Margin
-125.7%
14.3%
Net Margin
7.9%
Revenue YoY
-25.9%
3.6%
Net Profit YoY
-89.4%
EPS (diluted)
$-0.80
$0.12

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
KOS
KOS
UPWK
UPWK
Q4 25
$294.6M
$198.4M
Q3 25
$311.0M
$201.7M
Q2 25
$392.6M
$194.9M
Q1 25
$290.1M
$192.7M
Q4 24
$397.6M
$191.5M
Q3 24
$407.8M
$193.8M
Q2 24
$447.8M
$193.1M
Q1 24
$422.3M
$190.9M
Net Profit
KOS
KOS
UPWK
UPWK
Q4 25
$15.6M
Q3 25
$-124.3M
$29.3M
Q2 25
$-87.7M
$32.7M
Q1 25
$-110.6M
$37.7M
Q4 24
$147.2M
Q3 24
$45.0M
$27.8M
Q2 24
$59.8M
$22.2M
Q1 24
$91.7M
$18.4M
Gross Margin
KOS
KOS
UPWK
UPWK
Q4 25
78.0%
Q3 25
77.3%
Q2 25
77.7%
Q1 25
78.3%
Q4 24
77.7%
Q3 24
77.6%
Q2 24
77.3%
Q1 24
76.9%
Operating Margin
KOS
KOS
UPWK
UPWK
Q4 25
-125.7%
14.3%
Q3 25
-34.2%
14.8%
Q2 25
-16.2%
16.7%
Q1 25
-32.4%
20.1%
Q4 24
-8.5%
7.1%
Q3 24
26.1%
10.7%
Q2 24
30.2%
9.2%
Q1 24
33.6%
6.8%
Net Margin
KOS
KOS
UPWK
UPWK
Q4 25
7.9%
Q3 25
-40.0%
14.5%
Q2 25
-22.3%
16.8%
Q1 25
-38.1%
19.6%
Q4 24
76.9%
Q3 24
11.0%
14.3%
Q2 24
13.3%
11.5%
Q1 24
21.7%
9.7%
EPS (diluted)
KOS
KOS
UPWK
UPWK
Q4 25
$-0.80
$0.12
Q3 25
$-0.26
$0.21
Q2 25
$-0.18
$0.24
Q1 25
$-0.23
$0.27
Q4 24
$0.00
$1.02
Q3 24
$0.09
$0.20
Q2 24
$0.12
$0.17
Q1 24
$0.19
$0.13

Balance Sheet & Financial Strength

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

Metric
KOS
KOS
UPWK
UPWK
Cash + ST InvestmentsLiquidity on hand
$91.5M
$672.8M
Total DebtLower is stronger
$3.1B
$359.8M
Stockholders' EquityBook value
$528.6M
$630.3M
Total Assets
$4.7B
$1.3B
Debt / EquityLower = less leverage
5.78×
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOS
KOS
UPWK
UPWK
Q4 25
$91.5M
$672.8M
Q3 25
$64.0M
$643.1M
Q2 25
$51.7M
$634.6M
Q1 25
$49.8M
$622.1M
Q4 24
$85.0M
$622.1M
Q3 24
$51.6M
$601.2M
Q2 24
$173.8M
$497.7M
Q1 24
$254.3M
$490.6M
Total Debt
KOS
KOS
UPWK
UPWK
Q4 25
$3.1B
$359.8M
Q3 25
$3.0B
$359.3M
Q2 25
$2.9B
Q1 25
Q4 24
$2.7B
$357.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
KOS
KOS
UPWK
UPWK
Q4 25
$528.6M
$630.3M
Q3 25
$898.8M
$628.1M
Q2 25
$1.0B
$608.7M
Q1 25
$1.1B
$594.3M
Q4 24
$1.2B
$575.4M
Q3 24
$1.2B
$411.2M
Q2 24
$1.1B
$361.1M
Q1 24
$1.1B
$348.9M
Total Assets
KOS
KOS
UPWK
UPWK
Q4 25
$4.7B
$1.3B
Q3 25
$5.1B
$1.3B
Q2 25
$5.2B
$1.3B
Q1 25
$5.3B
$1.2B
Q4 24
$5.3B
$1.2B
Q3 24
$5.5B
$1.1B
Q2 24
$5.4B
$1.0B
Q1 24
$5.4B
$1.0B
Debt / Equity
KOS
KOS
UPWK
UPWK
Q4 25
5.78×
0.57×
Q3 25
3.31×
0.57×
Q2 25
2.80×
Q1 25
Q4 24
2.29×
0.62×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
KOS
KOS
UPWK
UPWK
Operating Cash FlowLast quarter
$35.3M
$63.7M
Free Cash FlowOCF − Capex
$63.2M
FCF MarginFCF / Revenue
31.9%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
4.07×
TTM Free Cash FlowTrailing 4 quarters
$242.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KOS
KOS
UPWK
UPWK
Q4 25
$35.3M
$63.7M
Q3 25
$-27.6M
$75.1M
Q2 25
$127.2M
$72.5M
Q1 25
$-888.0K
$37.0M
Q4 24
$175.7M
$38.6M
Q3 24
$6.3M
$61.0M
Q2 24
$223.7M
$39.2M
Q1 24
$272.6M
$14.8M
Free Cash Flow
KOS
KOS
UPWK
UPWK
Q4 25
$63.2M
Q3 25
$74.6M
Q2 25
$70.1M
Q1 25
$34.5M
Q4 24
$37.0M
Q3 24
$59.8M
Q2 24
$38.6M
Q1 24
$14.6M
FCF Margin
KOS
KOS
UPWK
UPWK
Q4 25
31.9%
Q3 25
37.0%
Q2 25
36.0%
Q1 25
17.9%
Q4 24
19.3%
Q3 24
30.8%
Q2 24
20.0%
Q1 24
7.7%
Capex Intensity
KOS
KOS
UPWK
UPWK
Q4 25
0.2%
Q3 25
0.2%
Q2 25
1.2%
Q1 25
1.3%
Q4 24
0.8%
Q3 24
0.6%
Q2 24
0.3%
Q1 24
0.1%
Cash Conversion
KOS
KOS
UPWK
UPWK
Q4 25
4.07×
Q3 25
2.56×
Q2 25
2.22×
Q1 25
0.98×
Q4 24
0.26×
Q3 24
0.14×
2.20×
Q2 24
3.74×
1.76×
Q1 24
2.97×
0.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KOS
KOS

Ghana Segment$134.6M46%
Gulf Of America$80.7M27%
Mauritania And Senegal$54.9M19%
Equatorial Guinea Segment$24.3M8%

UPWK
UPWK

Segment breakdown not available.

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