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Upwork (UPWK) Stock News

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Welcome to our dedicated page for Upwork news (Ticker: UPWK), a resource for investors and traders seeking the latest updates and insights on Upwork stock.

Upwork Inc. reports developments for a human and AI-powered work marketplace that connects businesses with global independent talent across freelance, agency, fractional and payrolled work. Recurring company updates cover the Upwork Marketplace, Lifted enterprise contingent-work management, Uma™ AI work agent features, SMB offerings such as Business Plus, and integrations that move customers from project scoping to hiring and contracting.

Upwork news also covers financial results, gross services volume, active-client trends, adjusted EBITDA outlook, enterprise pipeline activity, platform trust and integrity partnerships, and capital actions such as common-stock repurchase authorizations.

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Upwork (NASDAQ: UPWK) launched the Upwork Claude Connector, an app inside Anthropic’s Claude that links project planning directly to hiring on Upwork. Users can describe a project in Claude, receive a shortlist of experts from over 18 million professionals across 130 categories, create a job post, then move to Upwork where Uma, Upwork’s AI work agent, helps manage the project. According to Upwork research, 74% of SMBs plan to increase freelancer hiring, much of it for AI-driven initiatives.

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Upwork (Nasdaq: UPWK) announced a Board refresh following its June 4, 2026 Annual Meeting. Claire Bramley, CFO of Xero and former Teradata executive, and David Lissy, former CEO and executive chairman of Bright Horizons, joined the Board and its Audit, Risk, and Compliance Committee, while two long-serving directors concluded their terms.

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Upwork (Nasdaq: UPWK) announced that senior management will join a fireside chat at The Jefferies Software Conference in Newport Coast, CA on May 28, 2026, at 11:30 a.m. PT/2:30 p.m. ET.

A live and archived webcast will be accessible via Upwork’s investor relations website, where the company may share material business or financial updates.

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Upwork (Nasdaq: UPWK) reported Q1 2026 results: GSV $987.1M (flat), revenue $195.5M (+1% YoY), GAAP net income $31.5M (-17% YoY), adjusted EBITDA $57.4M (+3% YoY), and free cash flow $12.9M (-58% YoY). The company repurchased $107.9M of stock and announced a ~24% workforce reduction plus $16M–$23M restructuring charges. Full‑year 2026 guidance: revenue $760M–$790M; adjusted EBITDA $250M–$260M.

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Upwork (NASDAQ: UPWK) announced Upwork Updates Spring 2026 on May 5, 2026, introducing Uma™, its AI work agent, and a redesigned Marketplace to help SMBs find talent faster, start work sooner, and manage projects.

Key features include Uma Recruiter shortlisting now on Basic, an Upwork app in ChatGPT, in-meeting contract generation, AI meeting recaps and transcripts, Work Diary summaries for Business Plus, improved project continuity, and an AI-native homepage highlighting AI roles and skills.

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Upwork (Nasdaq: UPWK) will report first quarter 2026 financial results on May 7, 2026 after market close and will host a conference call the same day.

The Q&A call is scheduled for 2:00 p.m. PT / 5:00 p.m. ET, with a live webcast and an audio replay available on the Upwork investor relations site.

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Upwork (NASDAQ: UPWK) launched an Upwork app in ChatGPT on April 9, 2026, enabling businesses to describe projects, discover talent, and draft job posts inside ChatGPT before moving to the Upwork Marketplace.

Upwork’s Uma AI agent then helps scope projects, generate contracts, and begin work, drawing on more than 18 million professionals, 130 categories, and 10,000 skills. Additional project scoping and delivery features are planned later in 2026.

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Upwork (Nasdaq: UPWK) announced a partnership with Incognia on March 4, 2026 to strengthen platform integrity and safety across its global freelancer marketplace. Incognia will supply cross-device and apartment-level location intelligence, tamper detection, and device signals to support real-time risk decisions while preserving user experience.

The collaboration aims to improve consistent policy enforcement, compliance, and fraud mitigation at scale without interrupting day-to-day workflows for clients and freelancers.

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Upwork (Nasdaq: UPWK) announced a new $300 million share repurchase authorization on Feb 18, 2026, bringing total authorizations to $600 million since November 2023.

The company said it repurchased >9 million shares in 2025 using $136 million in cash. Repurchases may occur on the open market, via 10b5-1 plans, accelerated programs, or privately, have no expiration, and are discretionary.

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Upwork (Nasdaq: UPWK) said President and CEO Hayden Brown and CFO Erica Gessert will speak in a fireside chat at The Citizens Technology Conference on March 2, 2026 at 11:30 a.m. PT / 2:30 p.m. ET.

A live webcast and a 90-day archive will be available via the Events and Presentations section of Upwork's investor relations site at investors.upwork.com.

The company noted it may disclose material developments during the event and advised contacting the hosting financial institution for conference details.

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FAQ

What is the current stock price of Upwork (UPWK)?

The current stock price of Upwork (UPWK) is $7.84 as of June 22, 2026.

What is the market cap of Upwork (UPWK)?

The market cap of Upwork (UPWK) is approximately 994.3M.