Upwork Raises 2026 Adjusted EBITDA Outlook to $236 Million-$240 Million

• Upwork raised its full-year 2026 adjusted EBITDA outlook to $236 million-$240 million, implying a 32% margin at the midpoint.
• Annual revenue is expected at the top of the previous $742 million-$750 million range.
• Fourth-quarter revenue is forecast at $169 million-$177 million, with adjusted EBITDA of $51 million-$55 million.
• Non-GAAP diluted EPS is projected at $1.45-$1.47 for the full year and $0.30-$0.32 for the fourth quarter.
• The revenue outlook includes approximately $4 million from WorkMotion in the fourth quarter, offset by a managed services project moving off-platform.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Upwork Inc. published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.