Upwork (UPWK) Receivables (2017 - 2026)
Upwork (UPWK) posted quarterly Receivables of $75.9 million for Q1 2026, down 2.57% year-over-year from $77.9 million in Q1 2025, and little changed quarter-over-quarter from $76.2 million in Q4 2025.
Analysis
Upwork (UPWK) Receivables (2017 - 2026) Analysis & Trends
Upwork's Receivables history runs 10 years deep, the most recent figure standing at $75.9 million for Q1 2026.
- In Q1 2026, Receivables fell 2.57% year-over-year to $75.9 million; the TTM figure through Mar 2026 stood at $75.9 million (down 2.57% YoY), while the FY2025 annual figure was $76.2 million, up 0.99% from the prior year.
- Receivables for Q1 2026 stood at $75.9 million, roughly flat from $76.2 million in the prior quarter.
- The five-year high for Receivables was $116.5 million in Q2 2024, with the low at $59.3 million in Q1 2023.
- The 5-year median for Receivables is $71.2 million (2025), against an average of $76.8 million.
- The sharpest annual moves came in 2024 and 2025: Receivables surged 92.95% in 2024, then plunged 38.87% in 2025.
- Upwork's Receivables stood at $64.9 million in 2022, then soared by 58.83% to $103.1 million in 2023, then decreased by 26.75% to $75.5 million in 2024, then rose by 0.99% to $76.2 million in 2025, then dropped by 0.43% to $75.9 million in 2026.
- Business Quant data shows UPWK's Receivables at $75.9 million in Q1 2026, $76.2 million in Q4 2025, and $76.4 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 69.18 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 21.75 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 898.51 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 288.60 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 650.10 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 246.89 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 614.46 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 932.00 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 279.31 Mn |
| 10 | Upwork | 1.12 Bn | 501.02 Mn | 146.37 Mn | 269.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 269.73 Mn |
| Mar 31, 2026 | 279.60 Mn |
| Dec 31, 2025 | 256.99 Mn |
| Sep 30, 2025 | 287.81 Mn |
| Jun 30, 2025 | 283.26 Mn |
| Mar 31, 2025 | 293.86 Mn |
| Dec 31, 2024 | 271.23 Mn |
| Sep 30, 2024 | 283.75 Mn |
| Jun 30, 2024 | 335.18 Mn |
| Mar 31, 2024 | 337.34 Mn |
| Dec 31, 2023 | 315.45 Mn |
| Sep 30, 2023 | 238.23 Mn |
| Jun 30, 2023 | 243.96 Mn |
| Mar 31, 2023 | 238.71 Mn |
| Dec 31, 2022 | 226.35 Mn |
| Sep 30, 2022 | 237.04 Mn |
| Jun 30, 2022 | 258.30 Mn |
| Mar 31, 2022 | 258.43 Mn |
| Dec 31, 2021 | 227.64 Mn |
| Sep 30, 2021 | 230.92 Mn |