Upwork Reports Fourth Quarter and Full Year 2024 Financial Results

Achieves record revenue, GAAP net income¹ and adjusted EBITDA^2,3 for the fourth quarter and full year 2024
Fourth-quarter revenue of $191.5 million and GAAP net income¹ of $147.2 million
Fourth-quarter adjusted EBITDA^2,3 of $50.2 million or 26% adjusted EBITDA margin, Upwork’s highest ever
Full-year revenue of $769.3 million, GAAP net income¹ of $215.6 million, and adjusted EBITDA^2,3 of $167.6 million

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