Upwork (UPWK) Non-Current Debt (2017 - 2025)

Upwork (UPWK) recorded quarterly Non-Current Debt of $358.8 million in Q2 2025, little changed quarter-over-quarter from $358.4 million in Q1 2025, and up 0.52% on a YoY basis from $357.0 million in Q2 2024.

Upwork (UPWK) Non-Current Debt (2017 - 2025) Analysis & Trends

Upwork's Non-Current Debt history runs 9 years deep, the most recent figure standing at $358.8 million for Q2 2025.

  • In Q2 2025, Non-Current Debt rose 0.52% year-over-year to $358.8 million; the TTM figure through Jun 2025 stood at $358.8 million (up 0.52% YoY), while the FY2024 annual figure was $357.9 million, up 0.52% from the prior year.
  • Non-Current Debt was $358.8 million for Q2 2025 at Upwork, roughly flat from $358.4 million in the prior quarter.
  • In the past five years, Non-Current Debt ranged from a high of $564.3 million in Q4 2022 to a low of $633000.0 in Q2 2021.
  • Historically, Non-Current Debt has averaged $385.8 million across 5 years, with a median of $357.7 million in 2024.
  • The sharpest annual moves came in 2021 and 2022: Non-Current Debt sank 90.86% in 2021, then soared 88806.79% in 2022.
  • A 5-year view of Non-Current Debt shows it stood at $561.3 million in 2021, then increased by 0.53% to $564.3 million in 2022, then plunged by 36.89% to $356.1 million in 2023, then increased by 0.52% to $357.9 million in 2024, then increased by 0.26% to $358.8 million in 2025.
  • The last three Non-Current Debt figures came in at $358.8 million (Q2 2025), $358.4 million (Q1 2025), and $357.9 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 8.43 Bn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 77.50 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 58.75 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn -
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn -
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn -
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 3.49 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn -
10 Upwork 1.12 Bn 542.56 Mn 150.84 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2025 358.85 Mn
Jun 30, 2025 358.85 Mn
Mar 31, 2025 358.39 Mn
Mar 31, 2025 358.39 Mn
Dec 31, 2024 357.93 Mn
Dec 31, 2024 357.93 Mn
Sep 30, 2024 357.47 Mn
Sep 30, 2024 357.47 Mn
Jun 30, 2024 357.01 Mn
Jun 30, 2024 357.01 Mn
Mar 31, 2024 356.55 Mn
Mar 31, 2024 356.55 Mn
Dec 31, 2023 356.09 Mn
Dec 31, 2023 356.09 Mn
Sep 30, 2023 355.63 Mn
Sep 30, 2023 355.63 Mn
Jun 30, 2023 355.17 Mn
Jun 30, 2023 355.17 Mn
Mar 31, 2023 354.71 Mn
Mar 31, 2023 354.71 Mn