Upwork
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
Upwork
Upwork
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
Upwork
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
Upwork
Upwork
Upwork Shatters Financial Records with $22.2M Net Income in Q2 2024
Upwork Inc. (Nasdaq: UPWK), reported its financial results for Q2 2024, showcasing a robust performance with a record GAAP net income of $22.2 million and a 15% year-over-year revenue growth to $193.1 million. The company achieved a diluted EPS of $0.17 and an adjusted EBITDA of $40.8 million. Nota
Aug 7, 2024
Upwork
Upwork Reports First Quarter 2024 Financial Results
Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year revenue growth, reaching $190.9 million, driven by innovations an
May 2, 2024
Upwork
Upwork
Birth of the First AI Engineer: How Devin is Redefining the Software Industry
In the cutting-edge realm of artificial intelligence and software development, a revolutionary milestone has been reached with the introduction of Devin, the world's first fully autonomous AI software engineer. Created by the innovative minds at Cognition, an applied AI lab focused on advancing
Mar 13, 2024
Upwork
Upwork Reports Fourth Quarter and Full Year 2023 Financial Results
Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA of $30.5 million. For the full year, revenue increased by 11
Feb 14, 2024