Upwork (UPWK) Change in Receivables (2017 - 2026)

Upwork (UPWK) recorded quarterly Change in Receivables of $784000.0 in Q1 2026, down 51.9% quarter-over-quarter from $1.6 million in Q4 2025, and down 77.82% on a YoY basis from $3.5 million in Q1 2025.

Upwork (UPWK) Change in Receivables (2017 - 2026) Analysis & Trends

Upwork's Change in Receivables history runs 10 years deep, the most recent figure standing at $784000.0 for Q1 2026.

  • In Q1 2026, Change in Receivables fell 77.82% year-over-year to $784000.0; the TTM figure through Mar 2026 stood at $533000.0 (down 89.56% YoY), while the FY2025 annual figure was $3.3 million, down 31.61% from the prior year.
  • Change in Receivables was $784000.0 for Q1 2026 at Upwork, down from $1.6 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $19.5 million in Q4 2023 to a low of -$4.9 million in Q3 2024.
  • Historically, Change in Receivables has averaged $2.7 million across 5 years, with a median of $1.9 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Change in Receivables surged 890.37% in 2023, then tumbled 309.86% in 2025.
  • A 5-year view of Change in Receivables shows it stood at -$2.5 million in 2022, then soared by 890.37% to $19.5 million in 2023, then plunged by 76.63% to $4.6 million in 2024, then plunged by 64.3% to $1.6 million in 2025, then slumped by 51.9% to $784000.0 in 2026.
  • The last three Change in Receivables figures came in at $784000.0 (Q1 2026), $1.6 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 363.00 Mn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn -2.13 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 106.54 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn -67.96 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -195.00 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -174.64 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 4.00 Mn
10 Upwork 1.12 Bn 542.56 Mn 150.84 Mn 784,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 784,000.00
Mar 31, 2026 784,000.00
Dec 31, 2025 1.63 Mn
Dec 31, 2025 1.63 Mn
Sep 30, 2025 2.01 Mn
Sep 30, 2025 2.01 Mn
Jun 30, 2025 -3.90 Mn
Jun 30, 2025 -3.90 Mn
Mar 31, 2025 3.54 Mn
Mar 31, 2025 3.54 Mn
Dec 31, 2024 4.57 Mn
Dec 31, 2024 4.57 Mn
Sep 30, 2024 -4.85 Mn
Sep 30, 2024 -4.85 Mn
Jun 30, 2024 1.86 Mn
Jun 30, 2024 1.86 Mn
Mar 31, 2024 3.23 Mn
Mar 31, 2024 3.23 Mn
Dec 31, 2023 19.54 Mn
Dec 31, 2023 19.54 Mn