Upwork (UPWK) Common Equity (2017 - 2026)

Upwork (UPWK) recorded quarterly Common Equity of $569.6 million in Q1 2026, down 9.63% quarter-over-quarter from $630.3 million in Q4 2025, and down 4.16% on a YoY basis from $594.3 million in Q1 2025.

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 was $569.6 million for Q1 2026 at Upwork, down from $630.3 million in the prior quarter.
  • In the past five years, Common Equity ranged from a high of $630.3 million in Q4 2025 to a low of $242.6 million in Q3 2022.
  • Historically, Common Equity has averaged $413.8 million across 5 years, with a median of $361.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Common Equity fell 20.16% in 2022, then jumped 70.36% in 2025.
  • A 5-year view of Common Equity shows it stood at $248.9 million in 2022, then surged by 53.12% to $381.1 million in 2023, then jumped by 50.99% to $575.4 million in 2024, then advanced by 9.55% to $630.3 million in 2025, then dropped by 9.63% to $569.6 million in 2026.
  • The last three Common Equity figures came in at $569.6 million (Q1 2026), $630.3 million (Q4 2025), and $628.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 7.24 Bn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 478.75 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 243.68 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 9.38 Bn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 3.18 Bn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 2.85 Bn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 2.08 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 4.41 Bn
10 Upwork 1.12 Bn 542.56 Mn 150.84 Mn 569.63 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 308.53 Mn