UPWORK, INC

Upwork Inc. operates an online work marketplace and workforce management platforms that connect businesses with talent across diverse project types, including freelance, agency, fractional, and payrolled work. The company operates primarily through two segments: the Upwork Marketplace and Lifted. Upwork Marketplace enables clients to source, hire, and collaborate with independent workers across more than 130 work categories, offering features such as talent matching, messaging, payroll processing, and payment protection. Lifted provides enterprise-focused contingent workforce solutions, including contractor management, employer-of-record services, compliance administration, and managed project delivery. Upwork's clients range from small businesses and individual entrepreneurs to large enterprises, while its talent base consists of independent professionals and agencies.

The company serves clients and talent located in more than 180 countries. Its platforms encompass talent offering over 10,000 skills. Upwork employs approximately 630 individuals and engages about 1,600 independent team members across its operations. The company maintains its principal executive offices in Palo Alto, California.

Summary of the business section of Upwork's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had approximately 630 employees, and throughout 2025, we engaged approximately 1,600 independent team members through our platforms and other workforce solutions to provide services on a variety of internal projects.”