Upwork's Q4 2021 results showed strong year-over-year growth in revenue and GSV. The company signed 32 new Enterprise Clients, exceeding expectations. Upwork is accelerating its target of achieving $1 billion in revenue by one year, to 2024.
GSV grew 35% year-over-year to $980 million.
Total revenue grew 29% year-over-year to $136.9 million.
Signed 32 new Enterprise Clients, a 78% increase year-over-year.
Active Clients increased by 22% year-over-year, reaching approximately 771,000.
Upwork is guiding first-quarter 2022 revenue to between $139 million and $141 million, which is 23% year-over-year growth at the midpoint, and providing full-year 2022 revenue guidance of between $620 million and $630 million, which is 24% year-over-year growth at the midpoint.
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