Upwork (UPWK) Common Equity (2017 - 2026)
Upwork (UPWK) posted Common Equity of $611.27 million for Q2 2026, up 0.4% from $608.65 million a year earlier and up 7.3% from the prior quarter.
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Analysis
Upwork (UPWK) Common Equity (2017 - 2026) Analysis & Trends
At the end of FY2025, Upwork's Common Equity came in at $630.32 million, up 9.5% from FY2024.
- Annual Common Equity has increased for three consecutive years, with a five-year compound annual growth rate of 16.1% (FY2020 to FY2025).
- In prior years, Upwork's Common Equity was $575.38 million in FY2024 (+51.0%), $381.08 million in FY2023 (+53.1%), $248.88 million in FY2022 (-4.1%) and $259.52 million in FY2021 (-13.3%).
- Quarterly Common Equity has run from a low of $242.58 million in Q3 2022 to a high of $630.32 million in Q4 2025 over five years.
- On a year-over-year basis, Common Equity increased in seven of the last eight quarters, with growth averaging 33.5%.
- The strongest year-over-year quarter for Common Equity in the past five years was Q1 2025, with growth of 70.4%; the weakest was Q2 2022, with a decline of 20.2%.
- According to Business Quant data, Common Equity for the three prior quarters was $569.63 million (Q1 2026), $630.32 million (Q4 2025) and $628.13 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 640.48 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 261.22 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 30.15 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 163.05 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 12.68 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 28.22 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | -10.78 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 66.00 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 3.16 Bn |
| 10 | Upwork | 1.01 Bn | -1.50 Bn | 146.37 Mn | 611.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 611.27 Mn |
| Mar 31, 2026 | 569.63 Mn |
| Dec 31, 2025 | 630.32 Mn |
| Sep 30, 2025 | 628.13 Mn |
| Jun 30, 2025 | 608.65 Mn |
| Mar 31, 2025 | 594.34 Mn |
| Dec 31, 2024 | 575.38 Mn |
| Sep 30, 2024 | 411.17 Mn |
| Jun 30, 2024 | 361.10 Mn |
| Mar 31, 2024 | 348.88 Mn |
| Dec 31, 2023 | 381.08 Mn |
| Sep 30, 2023 | 342.94 Mn |
| Jun 30, 2023 | 306.92 Mn |
| Mar 31, 2023 | 288.96 Mn |
| Dec 31, 2022 | 248.88 Mn |
| Sep 30, 2022 | 242.58 Mn |
| Jun 30, 2022 | 246.32 Mn |
| Mar 31, 2022 | 249.35 Mn |
| Dec 31, 2021 | 259.52 Mn |
| Sep 30, 2021 | 264.83 Mn |
API Access
Upwork Common Equity 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=common-equity&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();