Upwork Inc (NASDAQ: UPWK) is an online labor marketplace company that connects businesses with independent professionals across a range of skill categories. The company earns revenue through service fees charged to both clients and freelancers on work transacted through its platform, as well as through subscription and other marketplace fees. Upwork has launched Lifted, an enterprise-focused subsidiary, which has acquired Bubty B.V. and Ascen Inc. as part of its strategy to serve larger business customers. The filing excerpts do not provide specific revenue figures, segment breakdowns, customer counts, headquarters, founding year, or named competitor details for the fiscal year ended as reported in the 10-K filed February 13, 2026 (accession 000162747526000012), so those details are omitted here.

Revenue model

Service fees charged to clients and freelancers on work transacted through the marketplace, plus subscription fees and other platform fees. Specific fee rates and revenue breakdowns are not supported by the provided filing excerpts.

Products and services

Online freelance marketplace platform connecting clients with independent professionals. Enterprise-focused subsidiary Lifted, including acquisitions of Bubty B.V. and Ascen Inc.

Customers and end markets

Businesses (including enterprise clients served through Lifted) and independent professionals (freelancers). Specific customer counts or concentration data are not supported by the provided filing excerpts.

Value-chain role

Two-sided marketplace intermediary between businesses seeking freelance talent and independent professionals seeking work engagements.

Geographic exposure

Not supported by the provided filing excerpts.

Source: SEC 10-K, filed 2026-02-13

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