Upwork (UPWK) Payables (2017 - 2026)
Upwork's Payables came in at $7.03 million for Q2 2026, up 584.5% from $1.03 million a year earlier but down 36.6% from the prior quarter.
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Analysis
Upwork (UPWK) Payables (2017 - 2026) Analysis & Trends
At the end of FY2025, Upwork's Payables was $7.86 million, up 28.2% from FY2024.
- Payables carries a five-year compound annual growth rate of 4.0% (FY2020 to FY2025).
- Going back by year, Payables was $6.13 million in FY2024 (+21.0%), $5.06 million in FY2023 (-32.9%), $7.55 million in FY2022 (+51.1%) and $5 million in FY2021 (-22.6%).
- The five-year range for quarterly Payables is $1.03 million (Q2 2025) to $11.09 million (Q1 2026).
- Year-over-year, Payables has increased for four consecutive quarters, with growth averaging 120.4% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q2 2026 (growth of 584.5%), and the weakest in Q2 2025 (a decline of 82.5%).
- Business Quant data shows UPWK's Payables at $11.09 million (Q1 2026), $7.86 million (Q4 2025) and $8.51 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 20.26 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 15.89 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 3.30 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | - |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 1.12 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 3.36 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 5.15 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 11.29 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 778.94 Mn |
| 10 | Upwork | 1.01 Bn | -1.50 Bn | 146.37 Mn | 7.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Upwork Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "UPWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();