Upwork (UPWK) Goodwill & Intangibles (2017 - 2026)
Upwork's Goodwill & Intangibles came in at $180.51 million for Q2 2026, up 19.5% from $151 million a year earlier but down 1.6% from the prior quarter.
Upwork (UPWK) Goodwill & Intangibles (2017 - 2026) Analysis & Trends
At the end of FY2025, Upwork's Goodwill & Intangibles was $186.35 million, up 39.0% from FY2024.
- Goodwill & Intangibles has increased in each of the last three years, with a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- Going back by year, Goodwill & Intangibles was $134.05 million in FY2024 (+10.5%), $121.27 million in FY2023 (+2.6%), $118.22 million in FY2022 (unchanged) and $118.22 million in FY2021 (-0.6%).
- The five-year range for quarterly Goodwill & Intangibles is $118.22 million (Q3 2021) to $190.13 million (Q3 2025).
- Year-over-year, Goodwill & Intangibles has increased for 11 consecutive quarters, with growth averaging 25.3% over the last eight quarters.
- The fastest year-over-year change in Goodwill & Intangibles over five years came in Q3 2025 (growth of 58.3%), and the weakest in Q3 2021 (a decline of 1.1%).
- Business Quant data shows UPWK's Goodwill & Intangibles at $183.42 million (Q1 2026), $186.35 million (Q4 2025) and $190.13 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn |
| 10 | Upwork | 1.00 Bn | -1.51 Bn | 146.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 180.51 Mn |
| Mar 31, 2026 | 183.42 Mn |
| Dec 31, 2025 | 186.35 Mn |
| Sep 30, 2025 | 190.13 Mn |
| Jun 30, 2025 | 151.00 Mn |
| Mar 31, 2025 | 132.24 Mn |
| Dec 31, 2024 | 134.05 Mn |
| Sep 30, 2024 | 120.08 Mn |
| Jun 30, 2024 | 120.48 Mn |
| Mar 31, 2024 | 120.88 Mn |
| Dec 31, 2023 | 121.27 Mn |
| Sep 30, 2023 | 118.22 Mn |
| Jun 30, 2023 | 118.22 Mn |
| Mar 31, 2023 | 118.22 Mn |
| Dec 31, 2022 | 118.22 Mn |
| Sep 30, 2022 | 118.22 Mn |
| Jun 30, 2022 | 118.22 Mn |
| Mar 31, 2022 | 118.22 Mn |
| Dec 31, 2021 | 118.22 Mn |
| Sep 30, 2021 | 118.22 Mn |
Upwork Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=UPWK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();