# Upwork's marketplace take rate reaches 20.0% as AI-skilled work grows

_Published Tuesday, November 3, 2026 at 3:19 AM EST · Products · Latest · Tier 2 — Notable_

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Upwork's marketplace take rate reached 20.0% in the third quarter, up 110 basis points year over year, according to GuruFocus's earnings call highlights. Revenue was $186 million on $914 million in gross services volume, both above the high end of guidance.

Gross services volume for AI-skilled talent increased 55% to $112 million. Business Plus represented 8% of total gross services volume, with revenue growing 120% year over year. Upwork raised full-year adjusted EBITDA guidance to $236 million to $240 million, while forecasting fourth-quarter revenue of $169 million to $177 million.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/markets/stocks/articles/upwork-inc-upwk-q3-2026-070406410.html)

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Canonical: https://techandbusiness.org/newswire/YPDagRtBeUMBgPqyldqQDZ
Published: 2026-11-03T08:19:12.106Z
Story chronology: 2026-11-02T00:00:00.000Z
Retrieved: 2026-11-03T10:31:56.502Z
Publisher: Tech & Business (techandbusiness.org)