Upwork UPWK
NASDAQ UPWK
$9.03 +0.01 (+0.17%)
As of: Aug 31, 2026 · 3:59 PM EDT

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.

Analysis

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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 20.26 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 15.89 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 1.57 Bn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 1.30 Bn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 89.14 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn 925.80 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn 986.31 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 145.15 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 26.61 Mn
10 Upwork 1.12 Bn 501.02 Mn 146.37 Mn 7.03 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.03 Mn
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