Upwork, INC

Market Movers (8-K)

NASDAQ
Upwork Inc. announced its CFO, Erica Gessert, is taking a temporary medical leave starting July 14, 2026, with CEO Hayden Brown to serve as interim principal financial officer.
NASDAQ
Upwork Inc. confirmed the election of new directors and the ratification of its accounting firm following its 2026 annual stockholder meeting.
NASDAQ
Upwork Inc. announced its first quarter 2026 financial results, highlighting a 5% year-over-year increase in GSV per active client and raising full-year Adjusted EBITDA guidance, alongside a significant restructuring plan involving a 24% workforce reduction.
NASDAQ
Upwork Inc. announced the resignation of David T. Bottoms, GM, Marketplace, with new leadership roles effective April 4, 2026.
NASDAQ
Upwork Inc. announced record full-year 2025 revenue of $787.8 million and strong adjusted EBITDA, driven by significant growth in AI-related work and strategic initiatives.
Worse than expected
NASDAQ
Upwork Inc. announced the appointment of Sabrina Mekhalfa as its new Chief Accounting Officer, effective December 15, 2025, bringing extensive experience in financial leadership.

Quarterly Earnings (10-Q)

NASDAQ
Upwork Inc. reported a slight increase in Q1 2026 revenue to $195.5 million, while net income saw a decrease to $31.5 million compared to the prior year.
NASDAQ
Upwork Inc. announced a significant increase in net income and adjusted EBITDA for Q3 2025, driven by strategic initiatives and cost-saving measures, despite a slight decline in active clients.
Better than expected
Capital raise
Delay expected
NASDAQ
Upwork Inc. reported significant increases in net income and adjusted EBITDA for Q2 2025, driven by cost-saving measures, despite a slight decline in Gross Services Volume and active clients.
Capital raise
Better than expected
NASDAQ
Upwork Inc. reports a rise in net income for Q1 2025, driven by strategic initiatives despite a slight dip in GSV.
Worse than expected
NASDAQ
Upwork Inc. saw revenue growth and increased profitability in Q3 2024, alongside announcing a restructuring plan to enhance efficiency and innovation.
Better than expected
NASDAQ
Upwork Inc. saw a 15% increase in revenue and a significant improvement in profitability in the second quarter of 2024, driven by marketplace initiatives.
Better than expected

Annual Reports (10-K)

NASDAQ
Upwork Inc.'s 2024 10-K filing reveals a profitable year marked by strategic shifts including workforce restructuring and the acquisition of Objective AI, despite a slight GSV decline.
Worse than expected
NASDAQ
Upwork Inc.'s annual 10-K filing details the company's share structure, governance policies, and risk factors, providing a comprehensive overview for investors.
Better than expected

Insider Trading (Form 4)

NASDAQ
Anthony Ray Kappus, GM & Chief Operating Officer of Upwork, Inc, sold 558 shares of common stock on July 18, 2026 for $9.06 per share.
NASDAQ
Upwork Inc. director Claire Bramley was granted 45,146 restricted stock units as part of an equity compensation award.
NASDAQ
Upwork Inc. Director David H. Lissy was granted 66,026 restricted stock units as part of his annual equity compensation.
NASDAQ
Upwork Inc. Director Thomas Layton was granted 33,859 restricted stock units as part of his annual compensation package.
NASDAQ
Upwork Inc. Director Glenn Kelman was granted 27,087 restricted stock units as part of his director compensation package.
NASDAQ
Upwork Inc. director Gary Steele was granted 27,087 restricted stock units as part of an equity compensation award.

Proxy Statements (Def-14A)

NASDAQ
Upwork Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on June 4, 2026, to elect directors and ratify its auditor, following a year of significant business transformation and record financial performance.
NASDAQ
Upwork Inc. has filed a definitive proxy statement with the SEC.
NASDAQ
Upwork achieved record financial results in 2024, marked by significant profitability and growth in key areas like AI and enterprise solutions.
Better than expected
NASDAQ
Upwork Inc. has filed a definitive proxy statement with the Securities and Exchange Commission.
NASDAQ
Upwork Inc. showcases resilience and strategic vision in 2023, leveraging AI to drive growth and profitability in the evolving world of work.
Better than expected

Schedule 13G - Passive Investments

NASDAQ
T. Rowe Price Associates, Inc. filed an amendment to its Schedule 13G, reporting a reduction in its beneficial ownership of Upwork Inc. common stock to 0.2%.
NASDAQ
T. Rowe Price Associates, Inc. has filed a Schedule 13G, reporting beneficial ownership of 13.4% of Upwork Inc.'s common stock as of March 31, 2026.
NASDAQ
Vanguard Capital Management has reported beneficial ownership of 5.06% of Upwork Inc.'s common stock as of March 31, 2026.
NASDAQ
Vanguard Portfolio Management has reported beneficial ownership of 7,881,301 shares, representing 6.04% of Upwork Inc.'s common stock as of March 31, 2026.
NASDAQ
The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Upwork Inc. following an internal corporate realignment.
NASDAQ
T. Rowe Price Associates, Inc. has disclosed a significant beneficial ownership stake of 14.7% in Upwork Inc., holding over 19.2 million shares.