Upwork Reports Q3 2026 Revenue Decline, Beats Profit Estimates
1 report, 1 independent
Updated Mon 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Upwork reported Q3 2026 revenue of $185.6 million, which was 8% lower than the same quarter last year but surpassed S&P analysts’ consensus estimates of $180.2 million. The company's non-GAAP profit was $0.40 per share, 27.4% above analyst expectations. While Q4 2026 revenue guidance was set at $173 million, slightly below consensus, management raised full-year adjusted EPS guidance to $1.46.
From financialcontent.com
Why it matters
The results show a mixed performance, with revenue declining year-on-year while profitability metrics and full-year guidance improved. The operating margin reached 18.6%, up from 14.8% in the prior year.
From financialcontent.com
Who's involved
- UpworkAmerican freelancing platform that reported Q3 2026 financial results
- Hayden BrownPresident and CEO of Upwork Inc.
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The entities involved
- Berlin
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Hayden Brown
President and CEO, Upwork
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