{"schema_version":"secwatch.filing_event.v1","accession":"0001627475-23-000048","form_type":"8-K","ticker":"UPWK","cik":"0001627475","company_name":"UPWORK, INC","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.608554+00:00","generated_at":"2026-06-12T13:46:23.127434+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Upwork Q2 revenue $168.6M (+7% YoY); raises FY23 adj. EBITDA guidance to $50-55M","bullets":["Revenue $168.6M (+7% YoY); GAAP net loss ($4.0M) vs ($23.8M) YoY; adj. EBITDA $14.4M vs ($1.9M) YoY.","Raised FY23 adj. EBITDA guidance to $50-55M from prior; expects improved profitability.","Enterprise revenue $14.3M (+16% YoY); added 19 new Enterprise Clients including Mastercard, RRD.","Generative AI job posts up >1000% vs Q4 2022; launched AI Services hub and OpenAI partnership.","Active Clients ~822,000 (+2% YoY); GSV per active client $4,987 (+2% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0001627475-23-000048","json":"https://secwatch.observer/filing/0001627475-23-000048.json","markdown":"https://secwatch.observer/filing/0001627475-23-000048.md","text":"https://secwatch.observer/filing/0001627475-23-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1627475/000162747523000048/0001627475-23-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1627475/000162747523000048/upwork-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T13:46:23.127434+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2c727887a846818eff8c96c74edf13ba900e9244","claim":"UPWORK, INC reported second quarter of 2023 results: revenue $168.6 million, net income GAAP net loss of $(4.0) million. Guidance raised.","evidence_excerpt":"second-quarter 2023 revenue of $168.6 million, up 7% from a year ago, and Gross Services Volume (GSV) that again exceeded $1 billion for the quarter. We recorded GAAP net loss of $(4.0) million and adjusted EBITDA of $14.4 million this quarter, compared to GAAP net loss of $(23.8) million and adjusted EBITDA loss of $(1.9) million in the second quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1627475/000162747523000048/0001627475-23-000048-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$168.6 million"},{"label":"Net income","value":"GAAP net loss of $(4.0) million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}