Welcome to our dedicated page for Upwork SEC filings (Ticker: UPWK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Upwork Inc. (Nasdaq: UPWK) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, giving investors and researchers a structured view of how the human and AI-powered work marketplace reports its financial performance, governance, and material events. As a U.S.-listed issuer, Upwork files a variety of documents with the Securities and Exchange Commission that together outline its business, risks, and capital allocation decisions.
Among the most closely watched filings for Upwork are its annual reports on Form 10-K and quarterly reports on Form 10-Q. These documents typically include detailed discussions of marketplace and enterprise revenue, gross services volume (GSV), active clients, adjusted EBITDA, and other key metrics that Upwork highlights in its earnings materials. They also provide management’s discussion and analysis of results, descriptions of the Upwork Marketplace and Lifted, and risk factors related to the freelance economy, AI adoption, and broader macroeconomic conditions.
Upwork also files current reports on Form 8-K to disclose material events. Recent 8-K filings referenced in public disclosures include announcements of quarterly financial results, corrections to non-GAAP earnings guidance, authorization of a share repurchase program, and changes in executive leadership such as the appointment of a Chief Operating Officer and a Chief Accounting Officer. These filings can give timely insight into capital allocation decisions, leadership transitions, and updates to financial outlooks.
Investors interested in ownership and governance can review proxy statements and, where applicable, Form 4 insider transaction reports to understand how executives and directors are compensated and how they transact in UPWK shares. While the specific forms are filed with EDGAR, Stock Titan’s interface is designed to surface these documents quickly and pair them with AI-powered summaries that explain complex sections in plain language.
On this page, users can follow real-time updates as new filings are posted to EDGAR, including 10-Ks, 10-Qs, 8-Ks, and other relevant forms. AI-generated highlights help clarify topics such as Upwork’s non-GAAP financial measures, share repurchase authorizations, and severance or change-in-control arrangements described in executive employment disclosures. For anyone analyzing UPWK, this filings hub offers a focused view of the company’s regulatory history and ongoing reporting obligations.
Upwork Inc. files its annual report describing an AI-enabled global work marketplace and its new enterprise subsidiary, Lifted. The company connects businesses with independent talent in over 180 countries and enabled $4.0 billion of Gross Services Volume in 2025 across more than 10,000 skills.
Upwork reports a hybrid workforce of approximately 630 employees and about 1,600 independent team members engaged through its own platforms during 2025. As of June 30, 2025, non-affiliate common stock had an aggregate market value of $1,657,936,950, and as of January 30, 2026 there were 130,380,213 common shares outstanding.
Upwork Inc. reported record full-year 2025 revenue of $787.8 million, up 2%, with fourth-quarter revenue of $198.4 million, up 4% year over year. Full-year GAAP net income was $115.4 million, below 2024 mainly because the prior year included a large non-cash tax benefit, while 2025 adjusted EBITDA rose 35% to a record $225.6 million with a 29% margin.
Operating metrics were mixed: 2025 GSV inched up 1% to $4.03 billion and GSV per active client increased 7%, but active clients fell 6% to 785,000. Cash provided by operating activities jumped to $248.3 million, and free cash flow climbed to $223.1 million. The company repurchased $136 million of stock in 2025 and ended the year with strong cash and marketable securities.
Upwork highlighted rapid growth in AI-related work, with AI GSV surpassing $300 million annualized and certain AI categories growing 50–90% year over year. Management expects 2026 GSV growth of 4–6% and revenue growth of 6–8%, guiding to $835–$850 million of revenue, adjusted EBITDA of $240–$250 million, and non-GAAP diluted EPS of $1.43–$1.48. The company also adopted amended and restated bylaws to add a cure process for certain defects in director nomination notices.
LSV Asset Management has filed a Schedule 13G reporting beneficial ownership of 6,537,275 shares of Upwork, Inc. Class A common stock, representing 5.0% of the class as of the event date. LSV has sole voting power over 4,546,011 shares and sole dispositive power over all 6,537,275 shares. The filing states the securities are held in the ordinary course of business, not to change or influence control of Upwork, and that LSV’s clients, including funds and managed accounts, have the right to receive dividends or sale proceeds on these securities.
Upwork Inc. has appointed Sabrina Mekhalfa, age 57, as its Chief Accounting Officer and principal accounting officer, effective December 15, 2025. She previously held senior accounting roles at Velocity Global Holdings (Pebl) and UserTesting Inc. and holds advanced finance and business degrees from Université Paris Dauphine-PSL and Baruch College.
Her compensation includes an initial annual base salary of $365,000, a target annual bonus equal to 50% of base salary, and a $175,000 cash sign-on bonus payable after 90 days of service, subject to repayment if she leaves within one year under specified circumstances. She will also receive an RSU award valued at $850,000, determined by the 30‑day average stock price, vesting quarterly over three years. A change in control and severance agreement provides lump-sum salary and bonus payments, accelerated vesting of unvested equity (other than performance-based awards), and continued medical benefit premiums if she is terminated without cause or resigns for good reason under defined timing conditions.
Upwork Inc. (UPWK) disclosed that its President & CEO, who is also a director, reported selling 60,000 shares of common stock on 11/21/2025. The shares were sold at a weighted average price of $18.2019 per share, with individual trade prices ranging from $18.08 to $18.22. After this transaction, the reporting person beneficially owns 1,047,894 shares of Upwork common stock, held directly. The filer has committed to provide detailed trade breakdowns upon written request to the company, its shareholders, or the SEC staff.
Upwork Inc. director reports stock sale in a Form 4 filing. On 11/21/2025, the reporting person, a director of Upwork, Inc. (UPWK), sold 12,500 shares of common stock in an open-market transaction. The weighted average sale price was $17.5079 per share, with individual trades executed between $17.40 and $17.62 per share. Following this sale, the director beneficially owns 85,129 shares of Upwork common stock held directly.
Upwork Inc. (UPWK) President & CEO reported multiple equity transactions on 11/18/2025 tied to restricted stock units (RSUs). Several RSU awards vested and were converted into common stock, including 9,589, 7,610, 14,850, and 18,333 shares, all at an exercise price of $0.00 per share. Following these transactions, the reporting person directly owned 1,107,894 shares of common stock and held additional RSUs covering 9,589, 7,611, 74,250, and 91,667 shares.
To cover tax withholding obligations from the RSU vesting, the CEO sold 12,114 shares at a weighted average price of $16.1385 and 12,732 shares at a weighted average price of $17.2405. The filing states these sales were mandated "sell to cover" transactions under Upwork’s equity incentive plans and do not represent discretionary trades by the executive. The RSUs vest over time based on continued employment, with various schedules beginning on February 18, 2023, May 18, 2022, February 18, 2024, and May 18, 2023.
Upwork Inc. (UPWK) filed a Form 4 reporting equity transactions by its Chief Financial Officer. On 11/18/2025, 37,500 restricted stock units (RSUs) vested and were converted into the same number of common shares. These RSUs were part of an award that began vesting 25% on May 18, 2024, with additional vesting in equal quarterly installments.
To cover tax withholding obligations from this vesting, the CFO had 9,059 shares sold at a weighted average price of $16.1382 per share and 9,434 shares sold at a weighted average price of $17.2402 per share under a mandated “sell to cover” arrangement, which the filing states was not a discretionary trade. Following these transactions, the CFO directly owned 237,612 shares of Upwork common stock and held 225,000 RSUs representing contingent rights to receive an equal number of shares.
Upwork Inc. (UPWK) executive GM, Marketplace reported several equity transactions. On November 17, 2025, the reporting person sold 561 shares of common stock at $16.45 per share under a Rule 10b5-1 trading plan. On November 18, 2025, 3,750 restricted stock units (RSUs) were converted into common shares, and the person then sold 955 shares at a weighted average price of $16.1426 and 1,047 shares at a weighted average price of $17.2393. On November 19, 2025, an additional 1,748 shares were sold at a weighted average price of $18.1293.
Some of the sales were required to cover tax withholding obligations tied to RSU vesting, described as “sell to cover” transactions rather than discretionary trades. Following these transactions, the reporting person directly owned 345 shares of Upwork common stock and 18,750 RSUs, each RSU representing one share that vests quarterly over four years beginning on May 18, 2023.
Upwork Inc. reported stronger Q3 2025 results. Revenue rose to
Marketplace revenue was
Liquidity remained solid with cash and cash equivalents of