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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | - | |
| 6 | 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| Date | Value |
|---|---|
| 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 |