Freelancer 3Q26 gross profit falls 16% year over year to AUD 9.6 million; 3Q26 revenue drops 17% year over year to AUD 11.1 million

Bitget2026/10/19 22:25

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Freelancer’s 3Q26 gross profit fell 16% year over year to AUD 9.6 million, while revenue dropped 17% to AUD 11.1 million.
Operating expenses declined 11% year over year to AUD 8.9 million, with employee expenses down 18% to AUD 4.4 million.
Loadshift delivered record quarterly revenue, while improvements to the core freelancing platform have yet to translate into revenue recovery.
Management remains focused on restoring freelancing growth, expanding wholesale electronics at Escrow.com and maintaining cost discipline for the remainder of FY26.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freelancer Ltd. published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Freelancer 3Q26 gross profit falls 16% year over year to AUD 9.6 million; 3Q26 revenue drops 17% year over year to AUD 11.1 million

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