Upwork (UPWK) Intangibles (2017 - 2026)
Upwork (UPWK) recorded quarterly Intangibles of $34.2 million in Q1 2026, down 7.88% quarter-over-quarter from $37.2 million in Q4 2025, and up 206.35% on a YoY basis from $11.2 million in Q1 2025.
Upwork (UPWK) Intangibles (2017 - 2026) Analysis & Trends
Upwork's Intangibles history runs 8 years deep, the most recent figure standing at $34.2 million for Q1 2026.
- In Q1 2026, Intangibles rose 206.35% year-over-year to $34.2 million; the TTM figure through Mar 2026 stood at $34.2 million (up 206.35% YoY), while the FY2025 annual figure was $37.2 million, up 186.1% from the prior year.
- Intangibles was $34.2 million for Q1 2026 at Upwork, down from $37.2 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $39.7 million in Q3 2025 to a low of $1.9 million in Q3 2024.
- Historically, Intangibles has averaged $15.5 million across 4 years, with a median of $10.3 million in 2025.
- Biggest YoY gain for Intangibles was 2033.19% in 2025; the steepest drop was 186.1% in 2025.
- A 4-year view of Intangibles shows it stood at $3.0 million in 2023, then jumped by 326.15% to $13.0 million in 2024, then surged by 186.1% to $37.2 million in 2025, then declined by 7.88% to $34.2 million in 2026.
- The last three Intangibles figures came in at $34.2 million (Q1 2026), $37.2 million (Q4 2025), and $39.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 48.30 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 9.44 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 | 48.00 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 13.04 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 87.80 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 13.96 Mn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 93.87 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 272.00 Mn |
| 10 | Upwork | 1.12 Bn | 542.56 Mn | 150.84 Mn | 34.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.23 Mn |
| Dec 31, 2025 | 37.16 Mn |
| Sep 30, 2025 | 39.66 Mn |
| Jun 30, 2025 | 9.53 Mn |
| Mar 31, 2025 | 11.17 Mn |
| Dec 31, 2024 | 12.99 Mn |
| Sep 30, 2024 | 1.86 Mn |
| Jun 30, 2024 | 2.26 Mn |
| Mar 31, 2024 | 2.66 Mn |
| Dec 31, 2023 | 3.05 Mn |
| Dec 31, 2020 | 8.00 Mn |
| Sep 30, 2020 | 1.33 Mn |
| Jun 30, 2020 | 2.00 Mn |
| Mar 31, 2020 | 2.67 Mn |
| Dec 31, 2019 | 6.40 Mn |
| Sep 30, 2019 | 4.00 Mn |
| Jun 30, 2019 | 4.67 Mn |
| Mar 31, 2019 | 5.34 Mn |
| Dec 31, 2018 | 4.00 Mn |
| Sep 30, 2018 | 6.67 Mn |