Upwork Stock News

Employment marketplace Upwork appears to be expanding beyond its freelancer-focused roots. In releasing its quarterly earnings Thursday (Aug. 7), the company announced it had acquired Bubty, a platform to help enterprises manage a range of workforce models and contract types, such as independent contractors and contingent W-2 workers.

Achieves record second quarter with revenue of $194.9 million Generates GAAP net income of $32.7 million and adjusted EBITDA of $57.1 million, resulting in 17% profit margin and 29% adjusted EBITDA margin Raises FY2025 revenue and adjusted EBITDA guidance Acquires Bubty and agrees to acquire Ascen to serve large clients with full range of contingent workforce and staffing solutions, positioning...

Upwork Inc. (NASDAQ:UPWK ) Q2 2025 Earnings Conference Call August 6, 2025 5:00 PM ET Company Participants Erica Gessert - Chief Financial Officer Hayden Brown - President, CEO & Director Samuel Meehan - Vice President of Investor Relations Conference Call Participants Jared Grant Osteen - ROTH Capital Partners, LLC, Research Division Joshua K. Chan - UBS Investment Bank, Research Division Mari...

Upwork (UPWK 0.55%), a leading online talent marketplace, reported its Q2 2025 financial results on August 6, 2025. The headline news: GAAP revenue surpassed expectations at $194.9 million, up from $193.1 million in Q2 2024 and above the analyst estimate of $187.6 million.

Upwork, a platform that connects companies with freelancers, announced two acquisitions to help build out a new, standalone enterprise-focused business that could expand its market reach.

Achieves record second quarter with revenue of $194.9 million Generates GAAP net income of $32.7 million and adjusted EBITDA of $57.1 million, resulting in 17% profit margin and 29% adjusted EBITDA margin Raises FY2025 revenue and adjusted EBITDA guidance Acquires Bubty and agrees to acquire Ascen to serve large clients with full range of contingent workforce and staffing solutions, positioning...

One of the hottest stocks over the past year is BigBear.ai Holdings (BBAI 2.03%). The shares have more than quadrupled over the past 12 months.

Upwork's strong fundamentals, low valuation, and recent profitability make it an attractive buy, despite modest revenue growth. AI and other risks exist, but I see them as manageable and not existential threats to Upwork in the near term. The gig economy remains robust, with Upwork holding a dominant market position and benefiting from global freelance trends.