Upwork (UPWK) Payables (2017 - 2026)
Upwork (UPWK) posted quarterly Payables of $11.1 million for Q1 2026, up 169.55% year-over-year from $4.1 million in Q1 2025, and up 41.16% quarter-over-quarter from $7.9 million in Q4 2025.
Upwork (UPWK) Payables (2017 - 2026) Analysis & Trends
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 for Q1 2026 stood at $11.1 million, up from $7.9 million in the prior quarter.
- The five-year high for Payables was $11.1 million in Q1 2026, with the low at $1.0 million in Q2 2025.
- The 5-year median for Payables is $5.6 million (2024), against an average of $5.9 million.
- The sharpest annual moves came in 2024 and 2025: Payables jumped 220.61% in 2024, then sank 82.48% in 2025.
- Upwork's Payables stood at $7.5 million in 2022, then sank by 32.93% to $5.1 million in 2023, then increased by 21.03% to $6.1 million in 2024, then increased by 28.23% to $7.9 million in 2025, then soared by 41.16% to $11.1 million in 2026.
- Business Quant data shows UPWK's Payables at $11.1 million in Q1 2026, $7.9 million in Q4 2025, and $8.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn | 20.26 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn | 15.89 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn | 275.95 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn | 6.27 Bn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn | 1.48 Bn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn | 109.04 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 66,341.00 |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn | 621.70 Mn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | 89.14 Mn | |
| 10 | Upwork | 1.07 Bn | 490.68 Mn | 150.84 Mn | 11.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.09 Mn |
| Dec 31, 2025 | 7.86 Mn |
| Sep 30, 2025 | 8.51 Mn |
| Jun 30, 2025 | 1.03 Mn |
| Mar 31, 2025 | 4.12 Mn |
| Dec 31, 2024 | 6.13 Mn |
| Sep 30, 2024 | 5.60 Mn |
| Jun 30, 2024 | 5.86 Mn |
| Mar 31, 2024 | 5.92 Mn |
| Dec 31, 2023 | 5.06 Mn |
| Sep 30, 2023 | 1.75 Mn |
| Jun 30, 2023 | 4.18 Mn |
| Mar 31, 2023 | 4.25 Mn |
| Dec 31, 2022 | 7.55 Mn |
| Sep 30, 2022 | 5.35 Mn |
| Jun 30, 2022 | 5.28 Mn |
| Mar 31, 2022 | 10.33 Mn |
| Dec 31, 2021 | 5.00 Mn |
| Sep 30, 2021 | 3.37 Mn |
| Jun 30, 2021 | 8.63 Mn |