Upwork revenue falls 2% in Q2 as net income drops 22%

Go back to Upwork revenue falls 2% in Q2 as net income drops 22%

Upwork Reports Second Quarter 2026 Financial Results

August 10, 2026 5:08 PM EDT

GSV per Active Client Reaches Record $5,230 Marking Eighth Consecutive Quarter of Sequential Growth

Second-quarter revenue of $191.7 million and GAAP net income of $25.4 million

Second-quarter adjusted EBITDA of $64.1 million or 33% adjusted EBITDA margin

PALO ALTO, Calif., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the worlds human and AI-powered work marketplace, today announced its financial results for the second quarter of 2026.

"In the second quarter, Upwork demonstrated solid execution... More