Upwork (UPWK) Total Debt (2017 - 2026)

Upwork's Total Debt history runs 10 years deep, the most recent figure standing at $360.2 million for Q1 2026.

• In Q1 2026, Total Debt rose 0.51% year-over-year to $360.2 million; the TTM figure through Mar 2026 stood at $360.2 million (up 0.51% YoY), while the FY2025 annual figure was $359.8 million, up 0.51% from the prior year.
• Total Debt was $360.2 million for Q1 2026 at Upwork, roughly flat from $359.8 million in the prior quarter.
• In the past five years, Total Debt ranged from a high of $564.3 million in Q4 2022 to a low of $354.7 million in Q1 2023.
• Historically, Total Debt has averaged $405.9 million across 5 years, with a median of $358.4 million in 2025.
• The sharpest annual moves came in 2022 and 2023: Total Debt jumped 7966.22% in 2022, then slumped 36.89% in 2023.
• A 5-year view of Total Debt shows it stood at $564.3 million in 2022, then plunged by 36.89% to $356.1 million in 2023, then increased by 0.52% to $357.9 million in 2024, then increased by 0.51% to $359.8 million in 2025, then grew by 0.13% to $360.2 million in 2026.
• The last three Total Debt figures came in at $360.2 million (Q1 2026), $359.8 million (Q4 2025), and $359.3 million (Q3 2025), per Business Quant data.