Upwork (UPWK) Non-Current Debt (2017 - 2025)
Upwork (UPWK) recorded Non-Current Debt of $358.85 million in Q2 2025, up 0.5% from $357.01 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Upwork (UPWK) Non-Current Debt (2017 - 2025) Analysis & Trends
At the end of FY2024, Upwork reported Non-Current Debt of $357.93 million, up 0.5% from FY2023.
- Annual Non-Current Debt has a five-year compound annual growth rate of 101.8% (FY2019 to FY2024).
- Across earlier years, Non-Current Debt came in at $356.09 million in FY2023 (-36.9%), $564.26 million in FY2022 (+0.5%), $561.3 million in FY2021 and $3.14 million in FY2020 (-70.6%).
- The Q2 2025 figure is the highest quarterly Non-Current Debt since Q4 2022.
- On a year-over-year basis, Non-Current Debt has increased for six consecutive quarters, with an average decline of 8.8% over the last eight quarters.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 0.5% in Q3 2022, against a decline of 90.9% in Q2 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $358.39 million (Q1 2025), $357.93 million (Q4 2024) and $357.47 million (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 98.17 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 83.66 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 11.83 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 8.25 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 10.73 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 18.18 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | - |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 3.52 Bn |
| 10 | Upwork | 1.01 Bn | -1.50 Bn | 146.37 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 358.85 Mn |
| Mar 31, 2025 | 358.39 Mn |
| Dec 31, 2024 | 357.93 Mn |
| Sep 30, 2024 | 357.47 Mn |
| Jun 30, 2024 | 357.01 Mn |
| Mar 31, 2024 | 356.55 Mn |
| Dec 31, 2023 | 356.09 Mn |
| Sep 30, 2023 | 355.63 Mn |
| Jun 30, 2023 | 355.17 Mn |
| Mar 31, 2023 | 354.71 Mn |
| Dec 31, 2022 | 564.26 Mn |
| Sep 30, 2022 | 563.52 Mn |
| Jun 30, 2022 | 562.78 Mn |
| Mar 31, 2022 | 562.04 Mn |
| Dec 31, 2021 | 561.30 Mn |
| Sep 30, 2021 | 560.56 Mn |
| Jun 30, 2021 | 633,000.00 |
| Mar 31, 2021 | 1.26 Mn |
| Dec 31, 2020 | 3.14 Mn |
| Sep 30, 2020 | 5.02 Mn |
API Access
Upwork Non-Current Debt 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=non-current-debt&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();