Upwork, INC

Market Movers (8-K)

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NASDAQ
Upwork reported Q2 2026 results showing record GSV per active client and significant AI-related work growth, though overall revenue and cash flow saw year-over-year decreases.
Worse than expected
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

Quarterly Earnings (10-Q)

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NASDAQ
Upwork Inc. reported a 2% decrease in Q2 2026 revenue to $191.7 million, driven by declining Gross Services Volume (GSV) and active clients, though marketplace take rate improved.
Worse than expected
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

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)

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NASDAQ
Sabrina Mekhalfa, Chief Accounting Officer of Upwork, Inc, sold 1,299 shares of common stock on September 18, 2026 for $8.45 per share.
NASDAQ
Anthony Ray Kappus, GM & Chief Operating Officer of Upwork, Inc, sold 45,732 shares of common stock on September 18, 2026 for $8.45 per share.
NASDAQ
Erica Gessert, Chief Financial Officer of Upwork, Inc, sold 9,336 shares of common stock on September 18, 2026 for $8.45 per share.
NASDAQ
Hayden Brown, President & CEO and a Director of Upwork, Inc, sold 23,893 shares of common stock on September 18, 2026 for $8.45 per share.
NASDAQ
Hayden Brown, President & CEO and a Director of Upwork, Inc, sold 73,241 shares of common stock on August 18, 2026.
NASDAQ
Erica Gessert, Chief Financial Officer of Upwork, Inc, sold 22,844 shares of common stock on August 18, 2026 for $8.43 per share.

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

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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.