Upwork (UPWK) Current Deferred Revenue (2017 - 2026)
Upwork (UPWK) posted Current Deferred Revenue of $8.58 million for Q2 2026, up 9.9% from $7.8 million a year earlier and up 4.6% from the prior quarter.
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Analysis
Upwork (UPWK) Current Deferred Revenue (2017 - 2026) Analysis & Trends
At the end of FY2025, Upwork's Current Deferred Revenue came in at $7.77 million, up 6.8% from FY2024.
- Annual Current Deferred Revenue shows a five-year compound annual growth rate of -14.3% (FY2020 to FY2025).
- In prior years, Upwork's Current Deferred Revenue was $7.27 million in FY2024 (-58.1%), $17.36 million in FY2023 (-30.8%), $25.08 million in FY2022 (+13.5%) and $22.08 million in FY2021 (+31.4%).
- The Q2 2026 figure stands as the highest quarterly Current Deferred Revenue since Q3 2024.
- On a year-over-year basis, Current Deferred Revenue has increased in each of the last three quarters, with an average decline of 21.8% over the last eight quarters.
- The strongest year-over-year quarter for Current Deferred Revenue in the past five years was Q4 2021, with growth of 31.4%; the weakest was Q3 2024, with a decline of 58.6%.
- According to Business Quant data, Current Deferred Revenue for the three prior quarters was $8.2 million (Q1 2026), $7.77 million (Q4 2025) and $7.94 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn |
| 10 | Upwork | 1.02 Bn | -1.49 Bn | 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 |
API Access
Upwork Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "UPWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();