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Upwork reports Q3 2026 revenue of $185.6M, net income up 8%, and acquires WorkMotion to boost global enterprise offerings.

Company Fundamentals
02 Nov 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Upwork reports Q3 2026 revenue of $185.6M, net income up 8%, and acquires WorkMotion to boost global enterprise offerings.

Upwork Inc. announced its Q3 2026 financial results with revenue of $185.6 million and GAAP net income of $31.8 million, marking an 8% increase year-over-year. The company highlighted strategic growth through the acquisition of WorkMotion, enhancing its enterprise employer of record services globally. Upwork also launched AI-driven tools like the MCP server and Upwork Now to connect clients with freelancers instantly, driving growth in AI-skilled freelancer engagements. The company projects Q4 revenue between $169 million and $177 million and continues focusing on profitability and expanding its AI and enterprise business segments.

Upwork Inc's stock trades at USD 9.15 on Pluang as of Nov 03, 2026 04:01 WIB, showing a modest 0.32% increase in one day. The company's market cap stands at $1.15 billion, reflecting its position in the Industrials sector. Despite strong revenue growth, Pluang data shows a high sell order activity at 90%, indicating cautious investor sentiment.

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