Upwork (UPWK) Current Assets (2017 - 2026)
Upwork (UPWK) recorded quarterly Current Assets of $883.3 million in Q1 2026, down 7.1% quarter-over-quarter from $950.8 million in Q4 2025, and down 5.83% on a YoY basis from $938.0 million in Q1 2025.
Upwork (UPWK) Current Assets (2017 - 2026) Analysis & Trends
Upwork's Current Assets history runs 10 years deep, the most recent figure standing at $883.3 million for Q1 2026.
- In Q1 2026, Current Assets fell 5.83% year-over-year to $883.3 million; the TTM figure through Mar 2026 stood at $883.3 million (down 5.83% YoY), while the FY2025 annual figure was $950.8 million, up 4.37% from the prior year.
- Current Assets was $883.3 million for Q1 2026 at Upwork, down from $950.8 million in the prior quarter.
- In the past five years, Current Assets ranged from a high of $950.8 million in Q4 2025 to a low of $767.8 million in Q1 2023.
- Historically, Current Assets has averaged $892.6 million across 5 years, with a median of $911.1 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Current Assets soared 141.08% in 2022, then declined 19.14% in 2023.
- A 5-year view of Current Assets shows it stood at $930.9 million in 2022, then fell by 5.11% to $883.4 million in 2023, then climbed by 3.13% to $911.1 million in 2024, then gained by 4.37% to $950.8 million in 2025, then decreased by 7.1% to $883.3 million in 2026.
- The last three Current Assets figures came in at $883.3 million (Q1 2026), $950.8 million (Q4 2025), and $949.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 11.24 Bn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 213.75 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 109.77 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | - |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 3.39 Bn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 2.24 Bn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 3.04 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 4.28 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 1.66 Bn |
| 10 | Upwork | 1.12 Bn | 542.56 Mn | 150.84 Mn | 883.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 883.30 Mn |
| Dec 31, 2025 | 950.83 Mn |
| Sep 30, 2025 | 948.95 Mn |
| Jun 30, 2025 | 938.98 Mn |
| Mar 31, 2025 | 938.01 Mn |
| Dec 31, 2024 | 911.05 Mn |
| Sep 30, 2024 | 904.29 Mn |
| Jun 30, 2024 | 855.67 Mn |
| Mar 31, 2024 | 848.02 Mn |
| Dec 31, 2023 | 883.37 Mn |
| Sep 30, 2023 | 810.01 Mn |
| Jun 30, 2023 | 780.03 Mn |
| Mar 31, 2023 | 767.82 Mn |
| Dec 31, 2022 | 930.91 Mn |
| Sep 30, 2022 | 929.70 Mn |
| Jun 30, 2022 | 944.31 Mn |
| Mar 31, 2022 | 949.53 Mn |
| Dec 31, 2021 | 929.65 Mn |
| Sep 30, 2021 | 939.92 Mn |
| Jun 30, 2021 | 412.28 Mn |