---
schema_version: "secwatch.filing_event.v1"
accession: "0001627475-22-000013"
form_type: "8-K"
ticker: "UPWK"
cik: "0001627475"
company_name: "UPWORK, INC"
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T04:07:44.151648+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Upwork Q1 2022: GSV surpasses $1B, revenue $141.3M (+24% YoY); suspends Russia/Belarus operations

## Summary
- GSV topped $1.0B (+27% YoY); revenue $141.3M (+24% YoY).
- Enterprise revenue up 57% YoY; new Enterprise client deals up 33% YoY.
- Suspended new business in Russia/Belarus from Mar 7; ended active contracts May 1. ~10% of 2021 revenue from region.
- Brand marketing drove 20% more website traffic and 24% more client registrations vs Q3 2021 baseline.
- TIME100 Most Influential Companies recognition; launched Project Catalog Consultations and pricing simplification.

## SEC filing metadata
- accession: 0001627475-22-000013
- form_type: 8-K
- ticker: UPWK
- cik: 0001627475
- company_name: UPWORK, INC
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1627475/000162747522000013/0001627475-22-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1627475/000162747522000013/upwork-20220427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001627475-22-000013
- JSON: https://secwatch.observer/filing/0001627475-22-000013.json
- Plain text: https://secwatch.observer/filing/0001627475-22-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.