Upwork Inc. (FRA:UP2)

Germany flag Germany · Delayed Price · Currency is EUR
7.64
-0.30 (-3.80%)
Last updated: Jun 3, 2026, 8:06 AM CET
Market Cap996.14M -50.5%
Revenue (ttm)685.65M +2.5%
Net Income94.67M -53.5%
EPS0.69 -51.7%
Shares Out n/a
PE Ratio10.52
Forward PE5.55
Dividendn/a
Ex-Dividend Daten/a
Volumen/a
Open7.64
Previous Close7.95
Day's Range7.64 - 7.64
52-Week Range6.77 - 18.86
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateMay 7, 2026

About Upwork

Upwork Inc., together with its subsidiaries, provides platforms and workforce solutions that connect businesses with freelance, agency, fractional, and payrolled talent in the United States, the Philippines, India, Pakistan, and internationally. The company offers Upwork Marketplace, a human and AI-powered work marketplace that connects businesses with on-demand access to independent talent across a range of categories, including AI-related projects, administrative support, sales and marketing, design and creative, and customer service, as well... [Read more]

Industry Employment Agencies
Founded 1998
Employees 630
Stock Exchange Frankfurt Stock Exchange
Ticker Symbol UP2

Financial Performance

In 2025, Upwork's revenue was $787.78 million, an increase of 2.40% compared to the previous year's $769.33 million. Earnings were $115.43 million, a decrease of -46.46%.

Financial numbers in USD Financial Statements

News

Upwork Transcript: Jefferies Software, Internet & AI Conference

Enterprise and SMB segments are driving growth, while small business spending faces macro headwinds. AI is automating low-end tasks but fueling rapid expansion in new work categories, with a human-supervised agent product launching soon. Operational efficiency and margin improvements continue, supported by disciplined cost management and ongoing share buybacks.

5 days ago - Transcripts

Upwork to Present at The Jefferies Software Conference

PALO ALTO, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's human and AI-powered work marketplace, today announced that senior management will participate in a fireside...

12 days ago - GlobeNewsWire

Upwork price target lowered to $10 from $17 at Citi

Citi lowered the firm’s price target on Upwork (UPWK) to $10 from $17 and keeps a Neutral rating on the shares. The company’s Q1 report showed a slowdown in marketplace…

13 days ago - TheFly

Upwork management to meet with Needham

Meeting to be held in Boston on May 21 hosted by Needham.

15 days ago - TheFly

Payoneer Global, Upwork extend 15-year partnership

Payoneer Global (PAYO) announced an extension of its strategic partnership with Upwork (UPWK), marking 15 years of collaboration supporting the global freelance economy. Under the renewed agreement, P...

19 days ago - TheFly

Upwork Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

SAN DIEGO, May 11, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Upwork Inc. (NASDAQ: UPWK). The investigation focuses on Upwork's executive...

23 days ago - GlobeNewsWire

Upwork price target lowered to $9 from $20 at RBC Capital

RBC Capital lowered the firm’s price target on Upwork (UPWK) to $9 from $20 and keeps a Sector Perform rating on the shares. The company’s Q1 print was a tough…

23 days ago - TheFly

Upwork price target lowered to $15 from $25 at Needham

Needham lowered the firm’s price target on Upwork (UPWK) to $15 from $25 and keeps a Buy rating on the shares.

25 days ago - TheFly

Upwork price target lowered to $10 from $15 at Scotiabank

Scotiabank lowered the firm’s price target on Upwork (UPWK) to $10 from $15 and keeps a Sector Perform rating on the shares. The company posted impressive expense discipline, but a…

25 days ago - TheFly

Tech layoffs this week: Cloudflare, Coinbase, Upwork, and others point to AI as they slash jobs

April was not a good month for the tech industry in terms of job losses. Last month, major firms—including Microsoft, Meta Platforms, and Snap—all announced significant workforce reductions.

25 days ago - Fast Company

Upwork downgraded to Neutral from Buy at Roth Capital

Roth Capital downgraded Upwork (UPWK) to Neutral from Buy with a price target of $10, down from $23. The company’s Q1 earnings revealed material deterioration in marketplace demand trends beginning…

26 days ago - TheFly

Upwork downgraded to Market Perform from Outperform at Citizens

Citizens downgraded Upwork (UPWK) to Market Perform from Outperform without a price target UBS and Canaccord also downgraded the shares this morning. Citizens says accelerating AI model improvements a...

26 days ago - TheFly

Upwork downgraded to Neutral from Buy at UBS

UBS downgraded Upwork (UPWK) to Neutral from Buy with a price target of $10, down from $20. The company’s “brief” return to gross services volume growth in the second half…

26 days ago - TheFly

Upwork downgraded to Hold from Buy at Canaccord

Canaccord downgraded Upwork (UPWK) to Hold from Buy with a price target of $10, down from $22. The firm views the company’s Q1 report as mixed, with softer gross services…

26 days ago - TheFly

Upwork reports Q1 non-GAAP EPS 35c, consensus 27c

Reports Q1 revenue $195.5M, consensus $195.9M. “This was a dynamic first quarter, where we delivered strong profitability while navigating a challenging demand environment,” said Hayden Brown, preside...

26 days ago - TheFly

Upwork sees Q2 non-GAAP EPS 35c-37c, consensus 33c

Sees Q2 revenue $187M-$193M, consensus $203.97M.

26 days ago - TheFly

Upwork sees FY26 non-GAAP EPS $1.50-$1.55, consensus $1.44

Sees FY26 revenue $760M-$790M, consensus $842M.

26 days ago - TheFly

Upwork to reduce workforce by 24%

Upwork (UPWK) announced a restructuring plan that includes a reduction of the company’s total workforce by approximately 24%. Upwork is taking these actions to build a more efficient operating model…

26 days ago - TheFly

Upwork Earnings Call Transcript: Q1 2026

Q1 2026 saw strong adjusted EBITDA and robust AI-related growth, but revenue guidance was lowered due to macro and AI-driven softness in low-end contracts. Cost management actions, including a 24% workforce reduction, are expected to drive higher margins and profitability.

26 days ago - Transcripts

Upwork Earnings release: Q1 2026

Upwork released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

26 days ago - Filings

Upwork Quarterly report: Q1 2026

Upwork has published its Q1 2026 quarterly earnings report on May 7, 2026.

26 days ago - Filings

Upwork Slides: Q1 2026

Upwork has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

26 days ago - Filings

Upwork Reports First Quarter 2026 Financial Results

GSV per Active Client Increased 5% Year-over-Year through AI Work Category and SMB Growth Initiatives Company Raises Full Year 2026 Adjusted EBITDA Guidance

26 days ago - GlobeNewsWire

Upwork Updates Spring 2026: AI-Powered Innovations to Help Small Businesses Get Ambitious Work Done

PALO ALTO, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- U pwork Inc. (NASDAQ: UPWK), the world's human and AI-powered work marketplace, today announced Upwork Updates Spring 2026, a lineup of new features...

4 weeks ago - GlobeNewsWire

Upwork Proxy statement: Proxy filing

Upwork filed a proxy statement on April 23, 2026, providing details for shareholder voting and corporate governance matters.

5 weeks ago - Filings