Upwork (UPWK) Assets (2017 - 2026)
Upwork (UPWK) recorded quarterly Assets of $1.2 billion in Q1 2026, down 4.43% quarter-over-quarter from $1.3 billion in Q4 2025, and little changed on a YoY basis from $1.2 billion in Q1 2025.
Upwork (UPWK) Assets (2017 - 2026) Analysis & Trends
Upwork's Assets history runs 10 years deep, the most recent figure standing at $1.2 billion for Q1 2026.
- In Q1 2026, Assets changed 0.15% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $1.2 billion (changed 0.15% YoY), while the FY2025 annual figure was $1.3 billion, up 7.26% from the prior year.
- Assets was $1.2 billion for Q1 2026 at Upwork, down from $1.3 billion in the prior quarter.
- In the past five years, Assets ranged from a high of $1.3 billion in Q3 2025 to a low of $918.1 million in Q1 2023.
- Historically, Assets has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2022.
- The sharpest annual moves came in 2022 and 2023: Assets jumped 96.36% in 2022, then dropped 16.56% in 2023.
- A 5-year view of Assets shows it stood at $1.1 billion in 2022, then decreased by 3.95% to $1.0 billion in 2023, then climbed by 16.78% to $1.2 billion in 2024, then gained by 7.26% to $1.3 billion in 2025, then declined by 4.43% to $1.2 billion in 2026.
- The last three Assets figures came in at $1.2 billion (Q1 2026), $1.3 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 22.30 Bn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 703.92 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 395.25 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 15.37 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 3.48 Bn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 4.65 Bn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 3.72 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 7.50 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 5.23 Bn |
| 10 | Upwork | 1.12 Bn | 542.56 Mn | 150.84 Mn | 1.24 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.24 Bn |
| Dec 31, 2025 | 1.30 Bn |
| Sep 30, 2025 | 1.31 Bn |
| Jun 30, 2025 | 1.26 Bn |
| Mar 31, 2025 | 1.24 Bn |
| Dec 31, 2024 | 1.21 Bn |
| Sep 30, 2024 | 1.06 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 1.00 Bn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 961.44 Mn |
| Jun 30, 2023 | 930.57 Mn |
| Mar 31, 2023 | 918.07 Mn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 1.08 Bn |
| Jun 30, 2022 | 1.09 Bn |
| Mar 31, 2022 | 1.10 Bn |
| Dec 31, 2021 | 1.08 Bn |
| Sep 30, 2021 | 1.09 Bn |
| Jun 30, 2021 | 569.26 Mn |