{"filings":[{"id":94188,"accession_number":"0001627475-26-000033","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","2.05","7.01","9.01"],"status":"ready","headline":"Upwork Q1 net income down 17% to $31.5M; announces 24% workforce reduction; raises FY2026 adj EBITDA guidance","event_type":"earnings","confidence":"high","bullets":["GAAP net income $31.5M (-17% YoY); diluted EPS $0.24 vs $0.27; revenue $195.5M (+1% YoY).","Adjusted EBITDA $57.4M (+3% YoY); raises FY2026 adj EBITDA guidance to $250-260M.","Restructuring plan: 24% workforce reduction; expects $16-23M pre-tax charges; substantially complete Q4 2026.","New $150M revolving credit facility secured; Q1 share repurchases of $107.9M (8.1M shares).","Active clients 784K (-3%); GSV per active client $5,138 (+5%); AI-related GSV grew >40% YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":195483000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106384,"accession_number":"0001627475-26-000018","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2026-03-18T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Upwork GM Marketplace David Bottoms resigns; transition to Kappus, Rabinovich","event_type":"leadership","confidence":"high","bullets":["David Bottoms, GM Marketplace, resigns effective April 3, 2026; separation includes 12 months base salary lump sum.","Anthony Kappus, GM & COO, to lead Marketplace teams from April 4, except engineering.","Andrew Rabinovich, CTO & Head AI/ML, to lead Marketplace engineering.","Bottoms' outstanding equity awards will continue vesting through last employment date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106383,"accession_number":"0001627475-26-000015","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2026-02-18T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Upwork board authorizes $300M share repurchase program","event_type":"other_material","confidence":"high","bullets":["Repurchases up to $300M of outstanding common stock; no expiration date.","May be executed via open market, private transactions, or 10b5-1 plans.","Company not obligated to repurchase any specific amount; timing depends on conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106382,"accession_number":"0001627475-26-000005","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2026-02-09T23:59:59+00:00","items":["2.02","5.03","9.01"],"status":"ready","headline":"Upwork Q4 revenue $198.4M, record FY 2025 rev $787.8M; guides 6-8% rev growth 2026","event_type":"earnings","confidence":"high","bullets":["Q4 2025 revenue $198.4M (+4% YoY); GAAP net income $15.6M; adjusted EBITDA $52.9M (27% margin).","Full-year 2025 revenue $787.8M (+2% YoY); GAAP net income $115.4M; adjusted EBITDA $225.6M (29% margin).","Active clients 785k as of Dec 31, 2025; GSV per active client $5,129 (+7% YoY).","2026 guidance: 4-6% GSV growth and 6-8% revenue growth; expects accelerating growth."],"consensus_eps_estimate":null,"consensus_eps_actual":0.84,"consensus_revenue_estimate":null,"consensus_revenue_actual":787784000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122727,"accession_number":"0001627475-25-000063","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2025-12-11T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Upwork appoints Sabrina Mekhalfa as Chief Accounting Officer effective Dec 15, 2025","event_type":"leadership","confidence":"high","bullets":["Appointed Sabrina Mekhalfa, age 57, as Chief Accounting Officer, effective December 15, 2025.","Base salary of $365,000; target annual bonus of 50% of base salary; $175,000 sign-on bonus (subject to clawback).","Equity grant of RSUs valued at $850,000, vesting quarterly over three years.","Severance: 6 months' base salary for non-CIC termination; 12 months' base plus pro-rata bonus and full equity acceleration upon CIC termination.","Prior roles: CAO at Velocity Global (Pebl) and UserTesting; consulting from Sept 2023 to Feb 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122726,"accession_number":"0001627475-25-000055","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Upwork Q3 revenue hits record $201.7M; raises FY2025 guidance","event_type":"earnings","confidence":"high","bullets":["Record Q3 revenue of $201.7M (+4% YoY); GAAP net income $29.3M ($0.21 diluted EPS).","Adjusted EBITDA all-time high of $59.6M (30% margin), up 38% YoY.","Raised FY2025 revenue guidance to $782-787M and adjusted EBITDA to $222-225M.","AI-related GSV accelerated to 53% YoY growth; clients engaging in AI projects up 45% YoY.","Active clients 794k (-7% YoY); GSV per client up 5% to $5,036."],"consensus_eps_estimate":null,"consensus_eps_actual":0.72,"consensus_revenue_estimate":null,"consensus_revenue_actual":589375000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139419,"accession_number":"0001627475-25-000052","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2025-09-03T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Upwork announces $100M share repurchase program – third since Nov 2023","event_type":"other_material","confidence":"high","bullets":["Board authorized $100M share repurchase program with no expiration date.","Third $100M authorization since November 2023, reflecting operational discipline.","Repurchases may be made on open market, privately, or via Rule 10b5-1 plans.","Company cites exceeding financial expectations and continued market share gains."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139418,"accession_number":"0001627475-25-000050","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2025-08-12T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Upwork appoints Anthony Kappus as first COO effective Sept 2; promotes Rabinovich to CTO, McQuown to CLO","event_type":"leadership","confidence":"high","bullets":["Anthony Kappus named COO, effective Sep 2, 2025; previously Redfin Chief of Digital Revenue and Chief Legal Officer.","Kappus receives $500K base salary, 60% target bonus, $7.25M RSU award vesting over 4 years.","Andrew Rabinovich expanded to CTO, leading engineering, IT, and AI/ML; Jacob McQuown promoted to CLO.","AI enhancements contributed >$80M lift in GSV in 2025, per the press release."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139415,"accession_number":"0001627475-25-000048","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K/A","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Upwork Q2 revenue $194.9M, net income $32.7M, raises FY2025 guidance, acquires Bubty and Ascen","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $194.9M (+1% YoY), net income $32.7M (+47% YoY), adjusted EBITDA $57.1M (+40% YoY).","Raises FY2025 revenue guidance to $765M-$775M and adjusted EBITDA to $206M-$214M; Q3 non-GAAP diluted EPS guidance $0.28-$0.30.","Active clients 796K, GSV per active client up 5% YoY to $5,002; average hours per contract highest ever.","Acquires Bubty and agrees to acquire Ascen to enhance enterprise contingent workforce solutions, targeting $650B TAM.","AI-related GSV accelerated to 30% YoY growth in Q2; Uma™ adoption up 24% QoQ."],"consensus_eps_estimate":null,"consensus_eps_actual":0.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":387645000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139417,"accession_number":"0001627475-25-000043","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Upwork Q2 revenue $194.9M, net income $32.7M, raises FY2025 guidance, acquires Bubty and Ascen","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $194.9M (record, +1% YoY), GAAP net income $32.7M (+47%), diluted EPS $0.24 vs $0.17.","Adjusted EBITDA $57.1M (+40%), margin 29.3% (all-time high); free cash flow $65.6M.","Active clients 796K; GSV per active client $5,002 (+5% YoY); AI GSV growth accelerated to 30% YoY.","Raises FY2025 revenue guidance to $765M-$775M, adjusted EBITDA to $206M-$214M.","Acquired Bubty and agreed to acquire Ascen to serve large enterprises with contingent workforce solutions, targeting $650B TAM."],"consensus_eps_estimate":null,"consensus_eps_actual":0.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":387645000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139416,"accession_number":"0001627475-25-000037","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Upwork CAO Olivier Marie resigns; CFO Erica Gessert named interim principal accounting officer","event_type":"leadership","confidence":"high","bullets":["Olivier Marie resigns as Chief Accounting Officer effective August 19, 2025; departure not due to management disagreements.","CFO Erica Gessert assumes role of interim principal accounting officer effective upon Marie's departure.","Gessert receives no additional compensation for the interim role; no changes to existing plans or arrangements.","No family relationships or material interests under Item 404(a) related to Gessert's appointment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156996,"accession_number":"0001627475-25-000035","cik":1627475,"company_name":"UPWORK, INC","ticker":"UPWK","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Upwork appoints Dana Evan and Glenn Kelman to board; shareholders elect directors and ratify PwC","event_type":"leadership","confidence":"high","bullets":["Two directors depart: Elizabeth Nelson did not stand for re-election; Gregory Gretsch retired effective June 5, 2025.","Dana L. Evan elected as Class I director; Glenn Kelman appointed as Class III director effective June 5, 2025.","Evan appointed to audit, compensation, and nominating committees; Kelman to compensation committee.","Shareholders elect Layton (87.5M for), Evan (105.3M), Harvey (91.4M) as directors; 8.1M broker non-votes.","PwC ratified as auditor (113.2M for); say-on-pay approved (98.9M for); 8.1M broker non-votes on say-on-pay."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}