Upwork Inc. reports results for the quarter ended June 30 - Earnings Summary

Upwork

10/08/2026 23:30

Upwork Inc. UPWK.OQ reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 35 cents.  The mean expectation of eight analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 30 cents to 36 cents per share.
Revenue fell 1.7% to $191.66 million from a year ago; analysts expected $189.96 million. 
Upwork Inc.'s reported EPS for the quarter was 20 cents​.
The company reported quarterly net income of $25.4 million.
Upwork Inc. shares had risen by 15.7% this quarter and lost 51.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.8% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the employment services peer group is  "buy."
Wall Street's median 12-month price target for Upwork Inc. is $10.00, about 3.3% above its last closing price of $9.67
This summary was machine generated from LSEG data August 10 at 10:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.34
0.41
Beat
Mar. 31 2026 
0.27
0.35
Beat
Dec. 31 2025 
0.31
0.36
Beat
Sep. 30 2025 
0.29
0.36
Beat