earnings
confidence high
sentiment positive
materiality 0.70
Upwork reports 2021 revenue up 35% to $503M, accelerates $1B revenue target to 2024
UPWORK, INC
2021-FY EPS reported
-$0.44
revenue$502,797,000
- Full-year GSV grew 41% to $3.5B; revenue grew 35% to $503M.
- Q4 lifetime talent earnings surpassed $15B cumulative.
- Revenue target of $1B accelerated by one year to 2024, implying ~25% CAGR.
- Plans to double enterprise account executives by end of 2022.