Upwork (UPWK) Prepaid Assets (2017 - 2026)
Upwork (UPWK) recorded quarterly Prepaid Assets of $24.0 million in Q1 2026, up 13.8% quarter-over-quarter from $21.1 million in Q4 2025, and up 8.53% on a YoY basis from $22.1 million in Q1 2025.
Upwork (UPWK) Prepaid Assets (2017 - 2026) Analysis & Trends
Upwork's Prepaid Assets history runs 10 years deep, the most recent figure standing at $24.0 million for Q1 2026.
- In Q1 2026, Prepaid Assets rose 8.53% year-over-year to $24.0 million; the TTM figure through Mar 2026 stood at $24.0 million (up 8.53% YoY), while the FY2025 annual figure was $21.1 million, up 18.82% from the prior year.
- Prepaid Assets was $24.0 million for Q1 2026 at Upwork, up from $21.1 million in the prior quarter.
- In the past five years, Prepaid Assets ranged from a high of $24.0 million in Q1 2026 to a low of $16.5 million in Q3 2023.
- Historically, Prepaid Assets has averaged $19.5 million across 5 years, with a median of $19.4 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Prepaid Assets jumped 68.98% in 2022, then decreased 7.04% in 2025.
- A 5-year view of Prepaid Assets shows it stood at $17.9 million in 2022, then dropped by 0.68% to $17.8 million in 2023, then fell by 0.55% to $17.7 million in 2024, then increased by 18.82% to $21.1 million in 2025, then climbed by 13.8% to $24.0 million in 2026.
- The last three Prepaid Assets figures came in at $24.0 million (Q1 2026), $21.1 million (Q4 2025), and $18.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 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 |
| 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 |
|---|---|
| Mar 31, 2026 | 23.97 Mn |
| Dec 31, 2025 | 21.06 Mn |
| Sep 30, 2025 | 18.05 Mn |
| Jun 30, 2025 | 21.14 Mn |
| Mar 31, 2025 | 22.09 Mn |
| Dec 31, 2024 | 17.73 Mn |
| Sep 30, 2024 | 19.36 Mn |
| Jun 30, 2024 | 22.74 Mn |
| Mar 31, 2024 | 20.07 Mn |
| Dec 31, 2023 | 17.83 Mn |
| Sep 30, 2023 | 16.54 Mn |
| Jun 30, 2023 | 19.40 Mn |
| Mar 31, 2023 | 19.48 Mn |
| Dec 31, 2022 | 17.95 Mn |
| Sep 30, 2022 | 16.86 Mn |
| Jun 30, 2022 | 18.37 Mn |
| Mar 31, 2022 | 18.15 Mn |
| Dec 31, 2021 | 17.24 Mn |
| Sep 30, 2021 | 12.16 Mn |
| Jun 30, 2021 | 12.53 Mn |