Upwork (UPWK) Current Deferred Revenue (2017 - 2026)
Upwork (UPWK) posted quarterly Current Deferred Revenue of $8.2 million for Q1 2026, up 9.38% year-over-year from $7.5 million in Q1 2025, and up 5.59% quarter-over-quarter from $7.8 million in Q4 2025.
Analysis
Upwork (UPWK) Current Deferred Revenue (2017 - 2026) Analysis & Trends
Upwork's Current Deferred Revenue history runs 10 years deep, the most recent figure standing at $8.2 million for Q1 2026.
- In Q1 2026, Current Deferred Revenue rose 9.38% year-over-year to $8.2 million; the TTM figure through Mar 2026 stood at $8.2 million (up 9.38% YoY), while the FY2025 annual figure was $7.8 million, up 6.82% from the prior year.
- Current Deferred Revenue for Q1 2026 stood at $8.2 million, up from $7.8 million in the prior quarter.
- The five-year high for Current Deferred Revenue was $25.6 million in Q1 2023, with the low at $7.3 million in Q4 2024.
- The 5-year median for Current Deferred Revenue is $14.0 million (2024), against an average of $15.6 million.
- The sharpest annual moves came in 2022 and 2024: Current Deferred Revenue rose 29.69% in 2022, then plunged 58.65% in 2024.
- Upwork's Current Deferred Revenue stood at $25.1 million in 2022, then slumped by 30.76% to $17.4 million in 2023, then slumped by 58.13% to $7.3 million in 2024, then increased by 6.82% to $7.8 million in 2025, then advanced by 5.59% to $8.2 million in 2026.
- Business Quant data shows UPWK's Current Deferred Revenue at $8.2 million in Q1 2026, $7.8 million in Q4 2025, and $7.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Upwork | 1.12 Bn | 501.02 Mn | 146.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.58 Mn |
| Mar 31, 2026 | 8.20 Mn |
| Dec 31, 2025 | 7.77 Mn |
| Sep 30, 2025 | 7.94 Mn |
| Jun 30, 2025 | 7.80 Mn |
| Mar 31, 2025 | 7.50 Mn |
| Dec 31, 2024 | 7.27 Mn |
| Sep 30, 2024 | 8.78 Mn |
| Jun 30, 2024 | 10.77 Mn |
| Mar 31, 2024 | 13.96 Mn |
| Dec 31, 2023 | 17.36 Mn |
| Sep 30, 2023 | 21.24 Mn |
| Jun 30, 2023 | 24.08 Mn |
| Mar 31, 2023 | 25.56 Mn |
| Dec 31, 2022 | 25.08 Mn |
| Sep 30, 2022 | 24.91 Mn |
| Jun 30, 2022 | 23.98 Mn |
| Mar 31, 2022 | 23.55 Mn |
| Dec 31, 2021 | 22.08 Mn |
| Sep 30, 2021 | 20.74 Mn |