Upwork (UPWK) Enterprise Value (2017 - 2026)
Upwork (UPWK) posted quarterly Enterprise Value of -$579.7 million for Q1 2026, up 31.13% year-over-year from -$442.1 million in Q1 2025, and up 13.83% quarter-over-quarter from -$672.8 million in Q4 2025.
Upwork (UPWK) Enterprise Value (2017 - 2026) Analysis & Trends
Upwork's Enterprise Value history runs 10 years deep, the most recent figure standing at -$579.7 million for Q1 2026.
- In Q1 2026, Enterprise Value rose 31.13% year-over-year to -$579.7 million; the TTM figure through Mar 2026 stood at -$579.7 million (up 31.13% YoY), while the FY2025 annual figure was -$672.8 million, up 18.15% from the prior year.
- Enterprise Value for Q1 2026 stood at -$579.7 million, up from -$672.8 million in the prior quarter.
- The five-year high for Enterprise Value was -$550.1 million in Q4 2023, with the low at -$873.4 million in Q1 2022.
- The 5-year median for Enterprise Value is -$717.9 million (2024), against an average of -$729.6 million.
- The sharpest annual moves came in 2022 and 2026: Enterprise Value sank 161.04% in 2022, then surged 31.13% in 2026.
- Upwork's Enterprise Value stood at -$686.6 million in 2022, then increased by 19.88% to -$550.1 million in 2023, then tumbled by 49.42% to -$821.9 million in 2024, then grew by 18.15% to -$672.8 million in 2025, then increased by 13.83% to -$579.7 million in 2026.
- Business Quant data shows UPWK's Enterprise Value at -$579.7 million in Q1 2026, -$672.8 million in Q4 2025, and -$643.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,170.83 Bn | 3,741.79 Bn | 73.85 Bn | -429.04 Bn |
| 2 | Meta Platforms | 1,525.91 Bn | 1,435.65 Bn | 49.47 Bn | -90.26 Bn |
| 3 | Taboola.com | 1,144.63 Bn | 1,144.50 Bn | 139.48 Mn | -133.05 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | -2.55 Bn |
| 5 | Spotify Technology | 102.92 Bn | 92.68 Bn | 1.75 Bn | -10.24 Bn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | -578.85 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | -170.00 |
| 8 | Nebius | 49.34 Bn | 39.71 Bn | 295.20 Mn | -9.63 Bn |
| 9 | 30.23 Bn | 27.44 Bn | 734.60 Mn | -2.79 Bn | |
| 10 | Upwork | 1.07 Bn | 486.83 Mn | 150.84 Mn | -579.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -579.73 Mn |
| Dec 31, 2025 | -672.78 Mn |
| Sep 30, 2025 | -643.10 Mn |
| Jun 30, 2025 | -634.58 Mn |
| Mar 31, 2025 | -841.81 Mn |
| Dec 31, 2024 | -821.94 Mn |
| Sep 30, 2024 | -819.59 Mn |
| Jun 30, 2024 | -720.79 Mn |
| Mar 31, 2024 | -717.93 Mn |
| Dec 31, 2023 | -550.10 Mn |
| Sep 30, 2023 | -737.60 Mn |
| Jun 30, 2023 | -698.71 Mn |
| Mar 31, 2023 | -694.28 Mn |
| Dec 31, 2022 | -686.61 Mn |
| Sep 30, 2022 | -850.06 Mn |
| Jun 30, 2022 | -860.36 Mn |
| Mar 31, 2022 | -873.37 Mn |
| Dec 31, 2021 | -684.77 Mn |
| Sep 30, 2021 | -873.37 Mn |
| Jun 30, 2021 | -341.16 Mn |