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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 13.04 Mn
6 Pinterest 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
DateValue
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