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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn
6 Pinterest 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
DateValue
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