Upwork Inc. reports developments for a human and AI-powered work marketplace that connects businesses with global independent talent across freelance, agency, fractional and payrolled work. Recurring company updates cover the Upwork Marketplace, Lifted enterprise contingent-work management, Uma™ AI work agent features, SMB offerings such as Business Plus, and integrations that move customers from project scoping to hiring and contracting.
Upwork news also covers financial results, gross services volume, active-client trends, adjusted EBITDA outlook, enterprise pipeline activity, platform trust and integrity partnerships, and capital actions such as common-stock repurchase authorizations.
Upwork (Nasdaq: UPWK) released research showing SMBs accelerated growth in 2025 by adopting AI, flexible talent, and experimentation. The study surveyed ~500 SMB leaders and reports: 93% of SMBs using AI saw revenue increases, 41% exceeded 10% revenue growth, and job posts for AI expertise rose 44% on the Upwork Marketplace Jan–Jul 2025. Upwork also refreshed Business Plus to include Uma Recruiter, an always-on AI hiring agent that delivers top matches in under six hours, plus instant access to the top 1% of talent across 125+ categories and built-in performance tools.
Upwork (Nasdaq: UPWK) will report third quarter 2025 financial results on Monday, November 3, 2025 after market close.
The company will host a live Q&A conference call on November 3, 2025 at 2:00 p.m. PT / 5:00 p.m. ET, with a webcast available at investors.upwork.com. An audio replay will be available for one week and the webcast archive will be available on the investor site for approximately one year.
Upwork (NASDAQ:UPWK) has released its September 2025 Monthly Hiring Report, revealing significant trends in freelance hiring as businesses adapt to AI integration. The report shows rising demand for human-centric skills to combat AI "workslop" - subpar AI output that affects 40% of employees and requires an average of two hours to resolve each incident.
Key growth metrics include: Translation & localization up 29%, project management among SMBs surging 102%, and digital marketing increasing 9%. The report highlights that 58% of businesses will prioritize AI proficiency in freelance hiring over the next three months, while 39% cite lack of trust in AI accuracy as an implementation barrier.
The marketplace, which generates $1.5 trillion in annual freelance earnings, demonstrates that companies are focusing on human-AI collaboration rather than substitution, particularly in quality assurance, project management, and creative refinement roles.
Upwork (NASDAQ:UPWK), the world's human and AI-powered work marketplace, has announced it will host an Investor Day on November 18, 2025 in New York City. The event will begin at 9:00 a.m. ET and will feature presentations and Q&A sessions with key management team members, including President and CEO Hayden Brown and CFO Erica Gessert.
The presentations will be accessible both in-person (by invitation only) and through a live webcast on Upwork's Investor Relations website. A replay will be available after the event concludes.
Upwork (NASDAQ:UPWK), the human and AI-powered work marketplace, has announced its board's approval of a new $100 million share repurchase program. This marks the company's third $100M share repurchase authorization since November 2023.
CEO Hayden Brown highlighted that the company's strong financial performance and operational discipline have enabled continued market share gains and GSV growth. The repurchase program will be executed through various methods including open market purchases and private transactions, with no set expiration date.
Upwork (NASDAQ:UPWK) released its inaugural Monthly Hiring Report, revealing significant growth in freelance economy hiring trends. The analysis shows high-value work among large businesses increased by 31%, while demand for AI and machine learning skills among SMBs surged 40% in August 2025.
Key findings include a 15% growth in Content Writing and a remarkable 162% increase in Language Tutoring & Interpretation. The report highlights that 15% of jobs on Upwork now come from content creator demand, with AI-related jobs showing twice the presence compared to non-technical positions. The freelance economy currently generates an estimated $1.5 trillion in earnings annually.
The data suggests AI is amplifying rather than replacing human talent, with increased demand for human-centric skills like fact-checking and video editing, particularly in categories previously considered vulnerable to AI disruption.
Upwork (NASDAQ:UPWK), the world's human and AI-powered work marketplace, has announced that CFO Erica Gessert will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference. The presentation is scheduled for September 11, 2025, at 10:50 a.m. PT/1:50 p.m. ET in San Francisco.
Investors can access the live webcast through Upwork's Investor Relations website at investors.upwork.com, with the recording remaining available for approximately 90 days afterward. The company may disclose material business and financial performance updates during the event.
Upwork (NASDAQ:UPWK) has launched Lifted, a new wholly-owned subsidiary designed to provide comprehensive contingent workforce solutions for enterprise clients. The new platform combines talent sourcing, contracting, and workforce management capabilities across all contingent work types.
Lifted integrates with existing enterprise systems and offers a unified solution for managing independent contractors, agent of record (AOR), employer of record (EOR), staff augmentation, and statement of work (SOW) engagements. The platform is built on technology from Upwork's acquisitions of Bubty, a workforce management platform, and Ascen, a W-2 compliance solution.
The subsidiary provides access to Upwork's talent pool, including over 250,000 AI experts globally, while offering automated classification and payment infrastructure supporting various contingent workforce models.
Upwork (NASDAQ: UPWK) has announced significant leadership changes to strengthen its executive team. The company appointed Anthony Kappus as its first-ever Chief Operating Officer, effective September 2, bringing his extensive operational expertise from Redfin. Additionally, Andrew Rabinovich has been elevated to Chief Technology Officer, expanding his role to lead engineering and IT alongside AI initiatives.
Under Rabinovich's leadership, Upwork's AI initiatives, including Uma™, have contributed to a $80 million increase in gross services volume (GSV) in 2025. The company also promoted Jacob McQuown to Chief Legal Officer, who has been instrumental in recent acquisitions including Bubty and the pending Ascen deal through Upwork's Enterprise subsidiary.
Upwork (NASDAQ:UPWK) reported strong Q2 2025 financial results with record revenue of $194.9 million, representing a 1% year-over-year growth. The company achieved net income of $32.7 million, up 47% year-over-year, and adjusted EBITDA of $57.1 million with a 29.3% margin.
The company announced two strategic acquisitions: Bubty and Ascen, enhancing its enterprise offerings for contingent workforce solutions. AI-related work on the platform showed strong growth, with GSV from AI work accelerating to 30% year-over-year. The platform maintains 796,000 active clients with GSV per active client increasing 5% to $5,002.
Based on strong performance, Upwork raised its FY2025 guidance, projecting revenue of $765-775 million and adjusted EBITDA of $206-214 million. The company's AI features, including Uma™, showed increased adoption with a 24% quarter-over-quarter growth.