Upwork (UPWK) Receivables - Net (2017 - 2026)
Upwork (UPWK) recorded quarterly Receivables - Net of $75.9 million in Q1 2026, little changed quarter-over-quarter from $76.2 million in Q4 2025, and down 2.57% on a YoY basis from $77.9 million in Q1 2025.
Upwork (UPWK) Receivables - Net (2017 - 2026) Analysis & Trends
Upwork's Receivables - Net history runs 10 years deep, the most recent figure standing at $75.9 million for Q1 2026.
- In Q1 2026, Receivables - Net 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 - Net was $75.9 million for Q1 2026 at Upwork, roughly flat from $76.2 million in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $116.5 million in Q2 2024 to a low of $59.3 million in Q1 2023.
- Historically, Receivables - Net has averaged $76.8 million across 5 years, with a median of $71.2 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Receivables - Net soared 92.95% in 2024, then sank 38.87% in 2025.
- A 5-year view of Receivables - Net shows it stood at $64.9 million in 2022, then jumped by 58.83% to $103.1 million in 2023, then slipped by 26.75% to $75.5 million in 2024, then gained by 0.99% to $76.2 million in 2025, then declined by 0.43% to $75.9 million in 2026.
- The last three Receivables - Net figures came in at $75.9 million (Q1 2026), $76.2 million (Q4 2025), and $76.4 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 | 75.91 Mn |
| Mar 31, 2026 | 75.91 Mn |
| Dec 31, 2025 | 76.24 Mn |
| Dec 31, 2025 | 76.24 Mn |
| Sep 30, 2025 | 76.43 Mn |
| Sep 30, 2025 | 76.43 Mn |
| Jun 30, 2025 | 71.23 Mn |
| Jun 30, 2025 | 71.23 Mn |
| Mar 31, 2025 | 77.92 Mn |
| Mar 31, 2025 | 77.92 Mn |
| Dec 31, 2024 | 75.49 Mn |
| Dec 31, 2024 | 75.49 Mn |
| Sep 30, 2024 | 69.45 Mn |
| Sep 30, 2024 | 69.45 Mn |
| Jun 30, 2024 | 116.52 Mn |
| Jun 30, 2024 | 116.52 Mn |
| Mar 31, 2024 | 114.40 Mn |
| Mar 31, 2024 | 114.40 Mn |
| Dec 31, 2023 | 103.06 Mn |
| Dec 31, 2023 | 103.06 Mn |