Upwork Inc
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Upwork Updates Summer 2025 release unveils 75+ new innovations built to drive better work outcomes and create opportunity for businesses and freelancers in the age of AI
Achieves record revenue, GAAP net income1 and adjusted EBITDA2,3 for the fourth quarter and full year 2024
Fourth-quarter revenue of $191.5 million and GAAP net income1 of $147.2 million
Fourth-quarter adjusted EBITDA2,3 of $50.2 million or 26% adjusted EBITDA margin, Upwork’s highest ever
Full-year revenue of $769.3 million, GAAP net income1 of $215.6 million, and adjusted EBITDA2,3 of $167.6 million
SAN FRANCISCO, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that President and CEO Hayden Brown and CFO Erica Gessert will participate in a fireside chat at the 27th Annual Needham Growth Conference in New York, NY on Wednesday, January 15, 2025 at 8:45 a.m. PT/11:45 a.m. ET.
Approximately $60 million in annual cost savings advances Upwork toward 5-year profitability target
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