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Side-by-side financial comparison of Service Properties Trust (SVC) and UPWORK, INC (UPWK). Click either name above to swap in a different company.
Service Properties Trust is the larger business by last-quarter revenue ($296.5M vs $198.4M, roughly 1.5× UPWORK, INC). UPWORK, INC runs the higher net margin — 7.9% vs -0.3%, a 8.1% gap on every dollar of revenue. On growth, UPWORK, INC posted the faster year-over-year revenue change (3.6% vs -17.0%). UPWORK, INC produced more free cash flow last quarter ($63.2M vs $-95.2M). Over the past eight quarters, UPWORK, INC's revenue compounded faster (1.9% CAGR vs -6.1%).
Medical Properties Trust, Inc. (MPT) is an international real estate investment trust (REIT) based in Birmingham, Alabama that purchases and invests in healthcare facilities and for-profit healthcare holding companies, primarily in the United States and Europe. Their property acquisitions often come in the form of sale-leaseback agreements, in which the original property owner sells the property to MPT and becomes their tenant. MPT's tenants are generally subject to long-term triple net lease...
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.
SVC vs UPWK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $296.5M | $198.4M |
| Net Profit | $-782.0K | $15.6M |
| Gross Margin | — | 78.0% |
| Operating Margin | -3.9% | 14.3% |
| Net Margin | -0.3% | 7.9% |
| Revenue YoY | -17.0% | 3.6% |
| Net Profit YoY | 99.0% | -89.4% |
| EPS (diluted) | $-0.01 | $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.
| Q4 25 | $296.5M | $198.4M | ||
| Q3 25 | $377.6M | $201.7M | ||
| Q2 25 | $404.4M | $194.9M | ||
| Q1 25 | $335.0M | $192.7M | ||
| Q4 24 | $357.0M | $191.5M | ||
| Q3 24 | $390.9M | $193.8M | ||
| Q2 24 | $412.5M | $193.1M | ||
| Q1 24 | $336.2M | $190.9M |
| Q4 25 | $-782.0K | $15.6M | ||
| Q3 25 | $-46.9M | $29.3M | ||
| Q2 25 | $-38.2M | $32.7M | ||
| Q1 25 | $-116.4M | $37.7M | ||
| Q4 24 | $-76.4M | $147.2M | ||
| Q3 24 | $-46.9M | $27.8M | ||
| Q2 24 | $-73.8M | $22.2M | ||
| Q1 24 | $-78.4M | $18.4M |
| 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% |
| Q4 25 | -3.9% | 14.3% | ||
| Q3 25 | -12.8% | 14.8% | ||
| Q2 25 | -9.2% | 16.7% | ||
| Q1 25 | -33.3% | 20.1% | ||
| Q4 24 | -19.4% | 7.1% | ||
| Q3 24 | -12.8% | 10.7% | ||
| Q2 24 | -17.1% | 9.2% | ||
| Q1 24 | -21.4% | 6.8% |
| Q4 25 | -0.3% | 7.9% | ||
| Q3 25 | -12.4% | 14.5% | ||
| Q2 25 | -9.4% | 16.8% | ||
| Q1 25 | -34.8% | 19.6% | ||
| Q4 24 | -21.4% | 76.9% | ||
| Q3 24 | -12.0% | 14.3% | ||
| Q2 24 | -17.9% | 11.5% | ||
| Q1 24 | -23.3% | 9.7% |
| Q4 25 | $-0.01 | $0.12 | ||
| Q3 25 | $-0.28 | $0.21 | ||
| Q2 25 | $-0.23 | $0.24 | ||
| Q1 25 | $-0.70 | $0.27 | ||
| Q4 24 | $-0.46 | $1.02 | ||
| Q3 24 | $-0.28 | $0.20 | ||
| Q2 24 | $-0.45 | $0.17 | ||
| Q1 24 | $-0.48 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $346.8M | $672.8M |
| Total DebtLower is stronger | $5.5B | $359.8M |
| Stockholders' EquityBook value | $646.1M | $630.3M |
| Total Assets | $6.5B | $1.3B |
| Debt / EquityLower = less leverage | 8.52× | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $346.8M | $672.8M | ||
| Q3 25 | $417.4M | $643.1M | ||
| Q2 25 | $63.2M | $634.6M | ||
| Q1 25 | $80.1M | $622.1M | ||
| Q4 24 | $143.5M | $622.1M | ||
| Q3 24 | $48.6M | $601.2M | ||
| Q2 24 | $14.6M | $497.7M | ||
| Q1 24 | $71.3M | $490.6M |
| Q4 25 | $5.5B | $359.8M | ||
| Q3 25 | — | $359.3M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $5.8B | $357.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $646.1M | $630.3M | ||
| Q3 25 | $647.9M | $628.1M | ||
| Q2 25 | $695.9M | $608.7M | ||
| Q1 25 | $734.6M | $594.3M | ||
| Q4 24 | $851.9M | $575.4M | ||
| Q3 24 | $929.0M | $411.2M | ||
| Q2 24 | $1.0B | $361.1M | ||
| Q1 24 | $1.1B | $348.9M |
| Q4 25 | $6.5B | $1.3B | ||
| Q3 25 | $7.0B | $1.3B | ||
| Q2 25 | $6.9B | $1.3B | ||
| Q1 25 | $7.0B | $1.2B | ||
| Q4 24 | $7.1B | $1.2B | ||
| Q3 24 | $7.1B | $1.1B | ||
| Q2 24 | $7.1B | $1.0B | ||
| Q1 24 | $7.2B | $1.0B |
| Q4 25 | 8.52× | 0.57× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.85× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-18.5M | $63.7M |
| Free Cash FlowOCF − Capex | $-95.2M | $63.2M |
| FCF MarginFCF / Revenue | -32.1% | 31.9% |
| Capex IntensityCapex / Revenue | 25.9% | 0.2% |
| Cash ConversionOCF / Net Profit | — | 4.07× |
| TTM Free Cash FlowTrailing 4 quarters | $-107.0M | $242.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-18.5M | $63.7M | ||
| Q3 25 | $98.1M | $75.1M | ||
| Q2 25 | $-7.0K | $72.5M | ||
| Q1 25 | $38.2M | $37.0M | ||
| Q4 24 | $-9.7M | $38.6M | ||
| Q3 24 | $106.2M | $61.0M | ||
| Q2 24 | $43.8M | $39.2M | ||
| Q1 24 | $-926.0K | $14.8M |
| Q4 25 | $-95.2M | $63.2M | ||
| Q3 25 | $57.9M | $74.6M | ||
| Q2 25 | $-46.6M | $70.1M | ||
| Q1 25 | $-23.2M | $34.5M | ||
| Q4 24 | $-88.9M | $37.0M | ||
| Q3 24 | $24.1M | $59.8M | ||
| Q2 24 | $-22.3M | $38.6M | ||
| Q1 24 | $-77.2M | $14.6M |
| Q4 25 | -32.1% | 31.9% | ||
| Q3 25 | 15.3% | 37.0% | ||
| Q2 25 | -11.5% | 36.0% | ||
| Q1 25 | -6.9% | 17.9% | ||
| Q4 24 | -24.9% | 19.3% | ||
| Q3 24 | 6.2% | 30.8% | ||
| Q2 24 | -5.4% | 20.0% | ||
| Q1 24 | -23.0% | 7.7% |
| Q4 25 | 25.9% | 0.2% | ||
| Q3 25 | 10.6% | 0.2% | ||
| Q2 25 | 11.5% | 1.2% | ||
| Q1 25 | 18.3% | 1.3% | ||
| Q4 24 | 22.2% | 0.8% | ||
| Q3 24 | 21.0% | 0.6% | ||
| Q2 24 | 16.0% | 0.3% | ||
| Q1 24 | 22.7% | 0.1% |
| Q4 25 | — | 4.07× | ||
| Q3 25 | — | 2.56× | ||
| Q2 25 | — | 2.22× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 2.20× | ||
| Q2 24 | — | 1.76× | ||
| Q1 24 | — | 0.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
