Upwork (UPWK) Common Equity (2017 - 2026)
Upwork (UPWK) posted quarterly Common Equity of $569.6 million for Q1 2026, down 4.16% year-over-year from $594.3 million in Q1 2025, and down 9.63% quarter-over-quarter from $630.3 million in Q4 2025.
Analysis
Upwork (UPWK) Common Equity (2017 - 2026) Analysis & Trends
Upwork's Common Equity history runs 10 years deep, the most recent figure standing at $569.6 million for Q1 2026.
- In Q1 2026, Common Equity fell 4.16% year-over-year to $569.6 million; the TTM figure through Mar 2026 stood at $569.6 million (down 4.16% YoY), while the FY2025 annual figure was $630.3 million, up 9.55% from the prior year.
- Common Equity for Q1 2026 stood at $569.6 million, down from $630.3 million in the prior quarter.
- The five-year high for Common Equity was $630.3 million in Q4 2025, with the low at $242.6 million in Q3 2022.
- The 5-year median for Common Equity is $361.1 million (2024), against an average of $413.8 million.
- The sharpest annual moves came in 2022 and 2025: Common Equity declined 20.16% in 2022, then soared 70.36% in 2025.
- Upwork's Common Equity stood at $248.9 million in 2022, then jumped by 53.12% to $381.1 million in 2023, then soared by 50.99% to $575.4 million in 2024, then gained by 9.55% to $630.3 million in 2025, then slipped by 9.63% to $569.6 million in 2026.
- Business Quant data shows UPWK's Common Equity at $569.6 million in Q1 2026, $630.3 million in Q4 2025, and $628.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 640.48 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 261.22 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 9.75 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 10.34 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 3.29 Bn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 2.34 Bn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 11.95 Bn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 2.89 Bn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | -237.06 Mn |
| 10 | Upwork | 1.12 Bn | 501.02 Mn | 146.37 Mn | 611.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 611.27 Mn |
| Mar 31, 2026 | 569.63 Mn |
| Dec 31, 2025 | 630.32 Mn |
| Sep 30, 2025 | 628.13 Mn |
| Jun 30, 2025 | 608.65 Mn |
| Mar 31, 2025 | 594.34 Mn |
| Dec 31, 2024 | 575.38 Mn |
| Sep 30, 2024 | 411.17 Mn |
| Jun 30, 2024 | 361.10 Mn |
| Mar 31, 2024 | 348.88 Mn |
| Dec 31, 2023 | 381.08 Mn |
| Sep 30, 2023 | 342.94 Mn |
| Jun 30, 2023 | 306.92 Mn |
| Mar 31, 2023 | 288.96 Mn |
| Dec 31, 2022 | 248.88 Mn |
| Sep 30, 2022 | 242.58 Mn |
| Jun 30, 2022 | 246.32 Mn |
| Mar 31, 2022 | 249.35 Mn |
| Dec 31, 2021 | 259.52 Mn |
| Sep 30, 2021 | 264.83 Mn |