Latest Upwork News & Updates

See the latest news and media coverage for Upwork. We track all announcements, press releases, and industry mentions in real time, all in one place.

Upwork

Freelance talent marketplace

upwork.com

Headquarters: San Francisco, United States
Founded year: 2015
Company type: Public company
Number of employees: 1,000–190,000
Industry: Employment Services

Last updated Yesterday

Latest news about Upwork

In short: Upwork acquired WorkMotion, reported Q3 earnings and launched on-demand hiring.

Company announcements

November 2 Upwork

Upwork reports third quarter 2026 revenue of $185.6 million

GAAP net income is $31.8 million and adjusted EBITDA $63.8 million; CFO Erica Gessert steps down January 2027, with Peter Sanborn appointed successor.

August 10 Upwork

Upwork reports second quarter 2026 financial results

Revenue was $191.7 million and GAAP net income $25.4 million with positive adjusted EBITDA of $64.1 million.

May 7 Upwork

Upwork reports Q1 2026 results and announces layoffs

The company posted $31.5M net income while cutting 24% of staff to improve efficiency alongside AI growth.

February 9 Upwork

Upwork reports record full-year 2025 revenue of $787.8 million

The company achieved a record adjusted EBITDA of $225.6 million and returned $136 million to shareholders through its repurchase program during the year.

Media coverage

Yesterday Bloomberg Law

Upwork to Cut ~37% of Total Workforce in Expanded Layoffs

Upwork has expanded its restructuring plan, now targeting a ~37% reduction in total workforce, up from the previously disclosed ~24%, with execution expected to be...

November 2 MSN

Upwork's (NASDAQ:UPWK) Q3 2026 sales beat estimates, stock jumps 14.7%

Online work marketplace Upwork (NASDAQ:UPWK) announced in Q3 2026, but revenue tumbled 8% year on year to $185.6 million. Revenue guidance for the full year...

November 2 MarketWatch

Upwork Shares Higher on 3Q Results, Raised Guidance

Shares of Upwork were trading higher in the after-hours market, following the release of third-quarter financial results and higher guidance by the work marketplace operator...

August 10 Financial Times

Upwork Reports Second Quarter 2026 Financial Results

Upwork Inc. (Nasdaq: UPWK), the world’s human and AI-powered work marketplace, today announced its financial results for the second quarter of 2026. "In the second...

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