News Digest / Ticker: UPWK

Ticker: UPWK

05:03pm, Monday, May 05, 2025

Upwork Reports 105% Net Income Increase Despite Revenue Stagnation and Fewer Active Clients

Upwork Inc. (NASDAQ: UPWK) Financial Overview Recent Developments: For Q1 2025, Upwork reported total revenue of $192.7 million, a 1% increase from Q1 2024. Net income surged to $37.7 million, up 105% from the prior year. Marketplace revenue rose slightly, by 1%, despite a decline in Gross Servi...