{"schema_version":"secwatch.filing_event.v1","accession":"0001627475-25-000005","form_type":"8-K","ticker":"UPWK","cik":"0001627475","company_name":"UPWORK, INC","filed_at":"2025-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.236094+00:00","generated_at":"2026-05-26T22:54:16.641470+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 Q4 revenue $191.5M (+4% YoY); adjusted EBITDA record $50.2M at 26% margin","bullets":["GAAP net income $147.2M includes $140.3M non-cash tax benefit; diluted EPS $1.03.","Full-year 2024 revenue $769.3M (+12% YoY); GAAP net income $215.6M; diluted EPS $1.52.","Adjusted EBITDA $50.2M in Q4 (+65% YoY, 26% margin); full year adj. EBITDA $167.6M.","Active clients 832k; GSV per active client $4,815 (+1% QoQ), second straight sequential gain.","Management targets 35% adjusted EBITDA margin; expects rising profitability and FCF each year."],"urls":{"canonical":"https://secwatch.observer/filing/0001627475-25-000005","json":"https://secwatch.observer/filing/0001627475-25-000005.json","markdown":"https://secwatch.observer/filing/0001627475-25-000005.md","text":"https://secwatch.observer/filing/0001627475-25-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1627475/000162747525000005/0001627475-25-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1627475/000162747525000005/upwork-20250212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T22:54:16.641470+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"}