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Upwork Reports Third Quarter 2025 Financial Results
Upwork posted record Q3 2025 results with revenue of $201.7M (+4% YoY), GAAP net income of $29.3M (+6% YoY), and an all-time-high adjusted EBITDA of $59.6M (30% margin). AI work on the marketplace accelerated—AI-related GSV rose 53% YoY while generative AI and prompt engineering grew 65% and 71% Y
Nov 4, 2025
GSV
Upwork Reports Second Quarter 2025 Financial Results
Upwork reported strong Q2 2025 financial results, with record revenue of $194.9 million, GAAP net income of $32.7 million, and adjusted EBITDA of $57.1 million, marking a 17% profit margin and a record 29% EBITDA margin. The company raised its full-year guidance and advanced its enterprise ambitions
Aug 8, 2025
GSV
Upwork Reports Fourth Quarter and Full Year 2024 Financial Results
Upwork reported record-breaking financial results for Q4 2024 and the full year 2024, achieving all-time highs in revenue ($769.3M, up 12%), GAAP net income ($215.6M, up 360%), and adjusted EBITDA ($167.6M, up 129%). The company also saw significant improvements in profitability, with a 26% adjusted
Feb 13, 2025
GSV
Upwork’s Q3 2024 Financial Results: $193.8M Revenue, Record Net Income of $27.8M, and 22% Adjusted EBITDA Margin
Upwork reported strong financial performance in Q3 2024, achieving a 10% year-over-year revenue increase, with GAAP net income reaching a record $27.8 million and adjusted EBITDA at $43.2 million. The company raised its full-year guidance and expanded its AI offerings with enhancements to Uma™, Up
Nov 7, 2024
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