03:46 AM EST, 11/04/2025 (MT Newswires) -- Upwork ( UPWK ) reported Q3 non-GAAP earnings Monday of $0.36 per diluted share, up from $0.29 a year earlier.

Analysts polled by FactSet expected $0.29.

Revenue for the quarter ended Sept. 30 was $201.7 million, up from $193.8 million a year earlier.

Analysts surveyed by FactSet expected $193.3 million.

For Q4, the company expects non-GAAP EPS of $0.31 to $0.33 and revenue of $193 million to $198 million.

Analysts polled by FactSet expect $0.30 and $195.3 million, respectively.

For 2025, the company raised its guidance to non-GAAP EPS of $1.35 to $1.37 and revenue of $782 million to $787 million, from the previous non-GAAP EPS of $1.24 to $1.27 and revenue of $765 million to $775 million.

Analysts polled by FactSet expect $1.30 and $780.8 million, respectively.

Shares of the company were up over 14% in Monday's after-hours activity.

Price: 17.89, Change: +2.26, Percent Change: +14.46