{"schema_version":"secwatch.filing_event.v1","accession":"0001627475-25-000031","form_type":"8-K","ticker":"UPWK","cik":"0001627475","company_name":"UPWORK, INC","filed_at":"2025-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.116909+00:00","generated_at":"2026-05-22T17:36:52.194017+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Upwork Q1 revenue $192.7M, net income doubles; raises FY adjusted EBITDA guidance","bullets":["Q1 rev $192.7M (+1% YoY); GAAP net income $37.7M ($0.27 EPS) doubled from $18.4M ($0.13) YoY.","Adj EBITDA $56.0M (29% margin) vs $33.3M; free cash flow $30.8M vs $12.1M.","Active clients 812k; GSV/client $4,912 up 3% YoY, first positive growth in six quarters.","AI-related GSV +25% YoY; Uma AI engagement +52% QoQ; Ads monetization rev +23% YoY.","FY rev guidance reiterated $740-760M; FY adj EBITDA guidance raised to $190-200M."],"urls":{"canonical":"https://secwatch.observer/filing/0001627475-25-000031","json":"https://secwatch.observer/filing/0001627475-25-000031.json","markdown":"https://secwatch.observer/filing/0001627475-25-000031.md","text":"https://secwatch.observer/filing/0001627475-25-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1627475/000162747525000031/0001627475-25-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1627475/000162747525000031/upwork-20250505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T17:36:52.194017+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"}