Upwork (UPWK) Total Debt (2017 - 2026)

Upwork's Total Debt history runs 10 years deep, the most recent figure standing at $720.5 million for Q1 2026.

• In Q1 2026, Total Debt rose 101.03% year-over-year to $720.5 million; the TTM figure through Mar 2026 stood at $720.5 million (up 101.03% YoY), while the FY2025 annual figure was $719.5 million, up 101.03% from the prior year.
• Total Debt for Q1 2026 stood at $720.5 million, roughly flat from $719.5 million in the prior quarter.
• The five-year high for Total Debt was $720.5 million in Q1 2026, with the low at $354.7 million in Q1 2023.
• The 5-year median for Total Debt is $358.4 million (2025), against an average of $469.4 million.
• The sharpest annual moves came in 2022 and 2023: Total Debt jumped 4124.76% in 2022, then sank 36.89% in 2023.
• Upwork's Total Debt stood at $564.3 million in 2022, then tumbled by 36.89% to $356.1 million in 2023, then grew by 0.52% to $357.9 million in 2024, then jumped by 101.03% to $719.5 million in 2025, then climbed by 0.13% to $720.5 million in 2026.
• Business Quant data shows UPWK's Total Debt at $720.5 million in Q1 2026, $719.5 million in Q4 2025, and $718.6 million in Q3 2025.