The HRTech Wire

Upwork Reports Third Quarter 2026 Financial Results

Upwork reported third-quarter 2026 revenue of $185.6 million, GAAP net income of $31.8 million and adjusted EBITDA of $63.8 million, a 34.4% margin. The results also note that its Lifted unit, an Upwork company, has acquired WorkMotion, an employer of record (EOR) provider, which matters for HR teams buying global hiring and contractor-compliance services.

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Upwork

Upwork connects businesses with human and AI-enabled independent talent, agencies, fractional professionals, and contingent-workforce services.

Workmotion

WorkMotion is a Berlin-based global HR platform offering Employer of Record, contractor management, and global payroll services.