Core Insights - Upwork Inc. has released its Future Workforce Index, highlighting the significant rise of skilled freelancers in the U.S. workforce, with 28% of knowledge workers now freelancing and generating $1.5 trillion in earnings in 2024 [1][9] Freelance Workforce Trends - The demand for AI-related freelance work has surged, with gross services volume growing 60% year-over-year in 2024, indicating a strong market for AI-equipped talent [2] - There are over 12,000 AI specialists on Upwork in the U.S., and more than half of freelancers are upskilling in AI-specific skills [2] Skills and Competencies - Freelancers demonstrate superior skills in problem-solving (71% proficiency), critical thinking (67%), and adaptability (53%) compared to the overall freelancer population [3] - Skilled freelancers are increasingly investing in their development, with 37% holding postgraduate degrees, compared to 20% of full-time employees [9] Business Implications - Companies that adopt flexible workforce models, including freelancers, are experiencing growth and innovation, while those adhering to traditional models risk falling behind [4][5] - High-growth companies are more likely to integrate freelancers and AI collaboration into their workforce strategies, with 45% of top-performing companies embedding freelancers [9] Future Outlook - A significant portion of full-time employees (36%) are considering freelancing, while only 10% of freelancers wish to return to traditional employment, indicating a shift in workforce dynamics [9] - Gen Z is leading the trend towards freelancing, with 53% already engaged in freelance work, which is expected to reshape the workforce as they will represent 30% of U.S. workers by 2030 [9]

PALO ALTO, Calif., April 15, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the first quarter of 2025 on Monday, May 5, 2025 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on the U ...

PALO ALTO, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- Upwork (NASDAQ:UPWK), the world's work marketplace, today announced that it has been recognized by Fast Company as one of the Most Innovative Companies of 2025 in the Human Resources category. The honor highlights Upwork's industry-defining approach to transforming how businesses and independent professionals achieve meaningful work outcomes—faster, smarter, and with greater agility—by combining human expertise with AI-powered tools. "Being recognized by ...

PALO ALTO, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- Upwork (NASDAQ: UPWK), the world’s work marketplace, today announced that it has been recognized by Fast Company as one of the Most Innovative Companies of 2025 in the Human Resources category. The honor highlights Upwork’s industry-defining approach to transforming how businesses and independent professionals achieve meaningful work outcomes—faster, smarter, and with greater agility—by combining human expertise with AI-powered tools. “Being recognized b ...

PALO ALTO, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that President and CEO Hayden Brown and CFO Erica Gessert will participate in a fireside chat at The Citizens JMP Technology Conference in San Francisco, CA on Monday, March 3, 2025 at 12:00 p.m. PT/3:00 p.m. ET. A live webcast of the fireside chat will be available in the Events and Presentations section ...

Though we've likely tired of hearing AI-related headlines by now, the harsh reality is that the rapid advance of AI technology is going to impact a sea change in our modern workforces within the nextWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-K _____________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 001-38678 _____________________________ UPWORK INC. (Exact Na ...

Upwork Inc. UPWK shares are trading higher on Thursday.The company’s total revenue increased 4% year-over-year. Active clients totaled 832,000 at quarter’s end. Gross services volume per active client came in at $4,815, up 1% year-over-year.Upwork expects first-quarter revenue to be in the range of $186 million to $191 million. The company anticipates first-quarter adjusted earnings of 24 cents to 26 cents per share.Here are the analysts’ takes on the stock:RBC Capital Markets analyst Brad Erickson reiterat ...

Work marketplace Upwork earned record revenue in 2024 and attributed its gains in part to artificial intelligence (AI).In an earnings release and other materials issued Wednesday (Feb. 12), the company highlighted AI innovations it added to its marketplace platform and AI talent the platform connects with its clients.“We’ve rapidly unlocked demand for AI-related work on our platform,” Upwork President and CEO Hayden Brown said in prepared remarks for the company’s quarterly earnings call.Upwork reported ful ...

Upwork Inc. (NASDAQ:UPWK) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Samuel Meehan - VP, IR Hayden Brown - President and CEO Erica Gessert - CFO Conference Call Participants Maria Ripps - Canaccord Andrew Boone - Citizens Stefanos Crist - Needham Brad Erickson - RBC Capital Markets Josh Chan - UBS Jared Osteen - ROTH Capital Partners John Byun - Jefferies Marvin Fong - BTIG Operator Good day, and thank you for standing by. Welcome to the Upwork Fourth Quarter and Full ...