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PALO ALTO, Calif., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's human and AI-powered work marketplace, today announced the launch of Lifted , a wholly owned subsidiary purpose-built to serve enterprise clients with a unified solution that combines talent sourcing, contracting, and workforce management across every type of contingent work.
Fiverr (FVRR 5.39%) and Upwork (UPWK 1.38%) are trading at relatively cheap valuations due to the risks from artificial intelligence.
UPWK shares rise 10.2% after a strong Q2 earnings beat, upbeat 2025 outlook, and accelerating AI-related growth.
"We're seeing AI actually enhance work and actually start to augment and accelerate categories that some people thought would be disrupted. Things like video and animation, contract law, accounting and bookkeeping.
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.
Hayden Brown, Upwork CEO, joins 'The Exchange' to discuss strong Q2 earnings, labor market trends and integration of AI.
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 to capitalize on $650 billion Enterprise TAM opportunity (1) PALO ALTO, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world's largest human and AI-powered work marketplace, today announced its financial results for the second quarter of 2025.
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 Maria Ripps - Canaccord Genuity Corp., Research Division Matthew Dorrian Condon - Citizens JMP Securities, LLC, Research Division Operator Good day.
Upwork (UPWK) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.26 per share a year ago.
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.