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Balance Sheet
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Accumulated Depreciation & AmortizationAccumulated Depreciation & AmortizationCost of RevenueEBIATGross ProfitLeasesMachine, Furnitures, Fixtures & OtherOther Gross PP&E AdjustmentsOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Property, Plant & Equipment (Gross)Receivables - NetReceivables - OtherShares IssuedShares OutstandingShares OutstandingShares Repurchased
Ratios

Upwork (UPWK) Leases (2019 - 2026)

Upwork has reported Leases over the past 7 years, most recently at $5.0 million for Q4 2025.

  • For Q4 2025, Leases fell 12.88% year-over-year to $5.0 million; the TTM value through Dec 2025 reached $5.0 million, down 12.88%, while the annual FY2025 figure was $5.0 million, 12.88% down from the prior year.
  • Leases for Q4 2025 was $5.0 million at Upwork, down from $5.2 million in the prior quarter.
  • Over five years, Leases peaked at $18.8 million in Q1 2021 and troughed at $3.5 million in Q1 2024.
  • A 5-year average of $7.7 million and a median of $6.2 million in 2023 define the central range for Leases.
  • Biggest five-year swings in Leases: plummeted 48.76% in 2024 and later soared 59.21% in 2025.
  • Year by year, Leases stood at $10.7 million in 2021, then dropped by 28.82% to $7.6 million in 2022, then plummeted by 43.01% to $4.3 million in 2023, then soared by 32.75% to $5.8 million in 2024, then fell by 12.88% to $5.0 million in 2025.
  • Business Quant data shows Leases for UPWK at $5.0 million in Q4 2025, $5.2 million in Q3 2025, and $5.4 million in Q2 2025.