Upwork (UPWK) Payables (2017 - 2026)

Upwork's Payables history runs 10 years deep, the most recent figure standing at $11.1 million for Q1 2026.

• In Q1 2026, Payables rose 169.55% year-over-year to $11.1 million; the TTM figure through Mar 2026 stood at $11.1 million (up 169.55% YoY), while the FY2025 annual figure was $7.9 million, up 28.23% from the prior year.
• Payables was $11.1 million for Q1 2026 at Upwork, up from $7.9 million in the prior quarter.
• In the past five years, Payables ranged from a high of $11.1 million in Q1 2026 to a low of $1.0 million in Q2 2025.
• Historically, Payables has averaged $5.9 million across 5 years, with a median of $5.6 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Payables surged 220.61% in 2024, then slumped 82.48% in 2025.
• A 5-year view of Payables shows it stood at $7.5 million in 2022, then slumped by 32.93% to $5.1 million in 2023, then rose by 21.03% to $6.1 million in 2024, then rose by 28.23% to $7.9 million in 2025, then jumped by 41.16% to $11.1 million in 2026.
• The last three Payables figures came in at $11.1 million (Q1 2026), $7.9 million (Q4 2025), and $8.5 million (Q3 2025), per Business Quant data.