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Upwork vs Cars.com: UPWK and CARS compared
Upwork is the larger company: $186M of revenue in its latest quarter (Q3 2026) against $182M for Cars.com (Q3 2026). Cars.com is growing faster (+0.2% against -8% a year earlier). Upwork is more profitable, with an operating margin of 18.6% against 15.9%.
Where the money goes: UPWK and CARS
Upwork (UPWK) · Q3 2026
Upwork, Q3 2026: revenue $186M (-8% year over year), operating margin 18.6%, net earnings $31.8M, operating cash flow $65.9M. The chart follows the revenue to costs, profit and cash.
Cars.com (CARS) · Q3 2026
Cars.com, Q3 2026: revenue $182M (+0.2% year over year), operating margin 15.9%, net earnings $16.3M, operating cash flow $59.0M. The chart follows the revenue to costs, profit and cash.
| Upwork (UPWK) | Cars.com (CARS) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $186M | $182M |
| Revenue growth, Y/Y | -8% | +0.2% |
| Gross margin | 76.1% | — |
| Operating margin | 18.6% | 15.9% |
| Net earnings | $31.8M | $16.3M |
| Net margin | 17.1% | 9.0% |
| Operating cash flow | $65.9M | $59.0M |
| Free cash flow | $53.9M | $53.8M |
| Market value | $1.1B | — |
| P/E | 10.6× | — |
| Analysts’ mean target | $10.64 | — |
Where the revenue comes from
Upwork
- Marketplace: $159M (86%)
- Enterprise: $26.3M (14%)
Questions
Which is bigger, Upwork or Cars.com?
Upwork is the larger company: $186M of revenue in its latest quarter (Q3 2026) against $182M for Cars.com (Q3 2026).
Is Upwork or Cars.com growing faster?
Cars.com is growing faster (+0.2% against -8% a year earlier).
Which is more profitable, Upwork or Cars.com?
Upwork is more profitable, with an operating margin of 18.6% against 15.9%.
More: Upwork earnings · how Upwork makes money · Cars.com earnings · how Cars.com makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 2, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.