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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn
6 Pinterest 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
DateValue
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