{"schema_version":"secwatch.filing_event.v1","accession":"0001627475-25-000048","form_type":"8-K/A","ticker":"UPWK","cik":"0001627475","company_name":"UPWORK, INC","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.517052+00:00","generated_at":"2026-05-17T17:38:55.569525+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 $194.9M, net income $32.7M, raises FY2025 guidance, acquires Bubty and Ascen","bullets":["Q2 revenue $194.9M (+1% YoY), net income $32.7M (+47% YoY), adjusted EBITDA $57.1M (+40% YoY).","Raises FY2025 revenue guidance to $765M-$775M and adjusted EBITDA to $206M-$214M; Q3 non-GAAP diluted EPS guidance $0.28-$0.30.","Active clients 796K, GSV per active client up 5% YoY to $5,002; average hours per contract highest ever.","Acquires Bubty and agrees to acquire Ascen to enhance enterprise contingent workforce solutions, targeting $650B TAM.","AI-related GSV accelerated to 30% YoY growth in Q2; Uma™ adoption up 24% QoQ."],"urls":{"canonical":"https://secwatch.observer/filing/0001627475-25-000048","json":"https://secwatch.observer/filing/0001627475-25-000048.json","markdown":"https://secwatch.observer/filing/0001627475-25-000048.md","text":"https://secwatch.observer/filing/0001627475-25-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1627475/000162747525000048/0001627475-25-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1627475/000162747525000048/upwork-20250806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T17:38:55.569525+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"}