Upwork (UPWK) Current Deferred Revenue (2017 - 2026)
Upwork (UPWK) recorded quarterly Current Deferred Revenue of $8.2 million in Q1 2026, up 5.59% quarter-over-quarter from $7.8 million in Q4 2025, and up 9.38% on a YoY basis from $7.5 million in Q1 2025.
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 was $8.2 million for Q1 2026 at Upwork, up from $7.8 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $25.6 million in Q1 2023 to a low of $7.3 million in Q4 2024.
- Historically, Current Deferred Revenue has averaged $15.6 million across 5 years, with a median of $14.0 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Current Deferred Revenue gained 29.69% in 2022, then sank 58.65% in 2024.
- A 5-year view of Current Deferred Revenue shows it stood at $25.1 million in 2022, then tumbled by 30.76% to $17.4 million in 2023, then tumbled by 58.13% to $7.3 million in 2024, then rose by 6.82% to $7.8 million in 2025, then climbed by 5.59% to $8.2 million in 2026.
- The last three Current Deferred Revenue figures came in at $8.2 million (Q1 2026), $7.8 million (Q4 2025), and $7.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn |
| 10 | Upwork | 1.12 Bn | 542.56 Mn | 150.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 19.16 Mn |