{"schema_version":"secwatch.filing_event.v1","accession":"0001627475-24-000032","form_type":"8-K","ticker":"UPWK","cik":"0001627475","company_name":"UPWORK, INC","filed_at":"2024-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.863430+00:00","generated_at":"2026-05-31T11:47:22.309978+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Upwork reports record Q2 net income of $22.2M; revenue up 15% YoY to $193.1M","bullets":["GAAP net income $22.2M (highest ever) vs net loss of $(4.0)M in Q2 2023; diluted EPS $0.17 vs $(0.03).","Revenue grew 15% YoY to $193.1M; active clients rose 6% to over 868,000.","Adjusted EBITDA $40.8M (21% margin), up from $14.4M in Q2 2023; free cash flow $33.5M.","Repurchased 2.9M shares for $33.1M, nearly 100% of quarterly free cash flow.","CFO targets 35% adjusted EBITDA margin within five years."],"urls":{"canonical":"https://secwatch.observer/filing/0001627475-24-000032","json":"https://secwatch.observer/filing/0001627475-24-000032.json","markdown":"https://secwatch.observer/filing/0001627475-24-000032.md","text":"https://secwatch.observer/filing/0001627475-24-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1627475/000162747524000032/0001627475-24-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1627475/000162747524000032/upwork-20240807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:47:22.309978+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}