🔹 Revenue: $201.7M (Est. $193.4M) 🟢; UP +4% YoY
🔹 EPS: $0.36 (Est. $0.28) 🟢
🔹 Adjusted EBITDA: $59.6M; UP +38% YoY (Margin 30%)
🔹 Net Income: $29.3M; UP +6% YoY
🔹 Cash from Operations: $75.1M; UP +23% YoY
🔹 Free Cash Flow: $69.4M; UP +22% YoY
Business Metrics:
🔹 GSV: $1.02B; UP +2% YoY
🔹 Active Clients: 794K; DOWN -7% YoY
🔹 GSV per Client: $5,036; UP +5% YoY
AI & Platform Growth:
🔹 AI-related GSV: UP +53% YoY
🔹 GenAI GSV: UP +65% YoY
🔹 Prompt Engineering GSV: UP +71% YoY
🔹 Ads & Monetization Revenue: UP +19% YoY
🔹 Freelancer Plus Subscription: UP +24% YoY
Guidance:
🔹 Q4 Revenue: $193M–$198M
🔹 Q4 EPS: $0.31–$0.33
🔹 FY25 Revenue: $782M–$787M (Est. $773M) 🟢
🔹 FY25 EPS: $1.35–$1.37 (Est. $1.24) 🟢
🔹 FY25 Adj. EBITDA: $222M–$225M
🔸 “We crossed the $200M revenue milestone with record margins, reinforcing confidence in our long-term 35% EBITDA goal.” – CFO Erica Gessert
🔸 “Our AI-powered work marketplace is driving strong engagement and multi-year growth.” – CEO Hayden Brown