Upwork (UPWK) Change in Account Payables (2017 - 2026)
Upwork (UPWK) recorded quarterly Change in Account Payables of $3.1 million in Q1 2026, up 576.22% quarter-over-quarter from -$656000.0 in Q4 2025, and up 257.22% on a YoY basis from $874526.3 in Q1 2025.
Upwork (UPWK) Change in Account Payables (2017 - 2026) Analysis & Trends
Upwork's Change in Account Payables history runs 10 years deep, the most recent figure standing at $3.1 million for Q1 2026.
- In Q1 2026, Change in Account Payables rose 257.22% year-over-year to $3.1 million; the TTM figure through Mar 2026 stood at $4.0 million (up 319.5% YoY), while the FY2025 annual figure was -$1.2 million, down 219.71% from the prior year.
- Change in Account Payables was $3.1 million for Q1 2026 at Upwork, up from -$656000.0 in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $4.6 million in Q3 2025 to a low of -$3.4 million in Q1 2023.
- Historically, Change in Account Payables has averaged $176411.8 across 5 years, with a median of -$2000.0 in 2022.
- The sharpest annual moves came in 2023 and 2025: Change in Account Payables sank 121450.0% in 2023, then surged 2956.88% in 2025.
- A 5-year view of Change in Account Payables shows it stood at $2.3 million in 2022, then soared by 42.94% to $3.3 million in 2023, then tumbled by 86.99% to $428000.0 in 2024, then slumped by 253.27% to -$656000.0 in 2025, then jumped by 576.22% to $3.1 million in 2026.
- The last three Change in Account Payables figures came in at $3.1 million (Q1 2026), -$656000.0 (Q4 2025), and $4.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | - |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | -240.00 Mn |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | -937.00 Mn |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | - |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | -10.98 Mn | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | -83.57 Mn | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | 19.74 Mn |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | - |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 22.04 Mn |
| 10 | Upwork | 1.03 Bn | 452.88 Mn | 150.84 Mn | 3.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.12 Mn |
| Mar 31, 2026 | 3.12 Mn |
| Dec 31, 2025 | -656,000.00 |
| Dec 31, 2025 | -656,000.00 |
| Sep 30, 2025 | 4.57 Mn |
| Sep 30, 2025 | 4.57 Mn |
| Jun 30, 2025 | -3.09 Mn |
| Jun 30, 2025 | -3.09 Mn |
| Mar 31, 2025 | -1.99 Mn |
| Mar 31, 2025 | -1.99 Mn |
| Dec 31, 2024 | 428,000.00 |
| Dec 31, 2024 | 428,000.00 |
| Sep 30, 2024 | -160,000.00 |
| Sep 30, 2024 | -160,000.00 |
| Jun 30, 2024 | -81,000.00 |
| Jun 30, 2024 | -81,000.00 |
| Mar 31, 2024 | 782,000.00 |
| Mar 31, 2024 | 782,000.00 |
| Dec 31, 2023 | 3.29 Mn |
| Dec 31, 2023 | 3.29 Mn |