Upwork (UPWK) Intangibles (2017 - 2026)
Upwork (UPWK) posted quarterly Intangibles of $34.2 million for Q1 2026, up 206.35% year-over-year from $11.2 million in Q1 2025, and down 7.88% quarter-over-quarter from $37.2 million in Q4 2025.
Analysis
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 for Q1 2026 stood at $34.2 million, down from $37.2 million in the prior quarter.
- The five-year high for Intangibles was $39.7 million in Q3 2025, with the low at $1.9 million in Q3 2024.
- The 4-year median for Intangibles is $10.3 million (2025), against an average of $15.5 million.
- Peak annual rise in Intangibles reached 2033.19% in 2025, while the deepest fall reached 186.1% in 2025.
- Upwork's Intangibles stood at $3.0 million in 2023, then soared by 326.15% to $13.0 million in 2024, then jumped by 186.1% to $37.2 million in 2025, then dropped by 7.88% to $34.2 million in 2026.
- Business Quant data shows UPWK's Intangibles at $34.2 million in Q1 2026, $37.2 million in Q4 2025, and $39.7 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 9.11 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | - |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 41.85 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 83.90 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 10.57 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 424.87 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 869.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 83.04 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 152.99 Mn |
| 10 | Upwork | 1.12 Bn | 501.02 Mn | 146.37 Mn | 31.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.32 Mn |
| 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 |