Upwork (UPWK) Receivables (2017 - 2026)

Upwork (UPWK) recorded quarterly Receivables of $279.6 million in Q1 2026, up 8.8% quarter-over-quarter from $257.0 million in Q4 2025, and down 4.85% on a YoY basis from $293.9 million in Q1 2025.

Upwork (UPWK) Receivables (2017 - 2026) Analysis & Trends

Upwork's Receivables history runs 10 years deep, the most recent figure standing at $279.6 million for Q1 2026.

  • In Q1 2026, Receivables fell 4.85% year-over-year to $279.6 million; the TTM figure through Mar 2026 stood at $279.6 million (down 4.85% YoY), while the FY2025 annual figure was $257.0 million, down 5.25% from the prior year.
  • Receivables was $279.6 million for Q1 2026 at Upwork, up from $257.0 million in the prior quarter.
  • In the past five years, Receivables ranged from a high of $337.3 million in Q1 2024 to a low of $226.3 million in Q4 2022.
  • Historically, Receivables has averaged $273.3 million across 5 years, with a median of $271.2 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Receivables soared 41.32% in 2024, then slipped 15.49% in 2025.
  • A 5-year view of Receivables shows it stood at $226.3 million in 2022, then jumped by 39.37% to $315.4 million in 2023, then dropped by 14.02% to $271.2 million in 2024, then slipped by 5.25% to $257.0 million in 2025, then rose by 8.8% to $279.6 million in 2026.
  • The last three Receivables figures came in at $279.6 million (Q1 2026), $257.0 million (Q4 2025), and $287.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 0.90
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 63.00 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 17.47 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 799.62 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 522.91 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 830.38 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 6.91 Mn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 1.19 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 153.00 Mn
10 Upwork 1.12 Bn 542.56 Mn 150.84 Mn 279.60 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 227.31 Mn