Upwork (UPWK) Total Debt (2017 - 2026)
Upwork (UPWK) reported Total Debt of $360.69 million for Q2 2026, up 0.5% from $358.85 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Upwork (UPWK) Total Debt (2017 - 2026) Analysis & Trends
At the end of FY2025, Upwork posted Total Debt of $359.77 million, up 0.5% from FY2024.
- Total Debt has a five-year compound annual growth rate of 101.9% (FY2020 to FY2025).
- By year, Total Debt came in at $357.93 million in FY2024 (+0.5%), $356.09 million in FY2023 (-36.9%), $564.26 million in FY2022 (+0.5%) and $561.3 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Total Debt since Q4 2022.
- Year over year, Total Debt has now increased in each of the last ten quarters, with growth averaging 0.5% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was Q3 2022 (growth of 0.5%); the low point was Q4 2023 (a decline of 36.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $360.23 million (Q1 2026), $359.77 million (Q4 2025) and $359.31 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 125.10 Bn |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 80.92 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 15.13 Bn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | 21.57 Bn |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 15.66 Bn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 3.52 Bn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | - |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 20.06 Bn |
| 10 | Upwork | 1.22 Bn | -951.96 Mn | 141.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 360.69 Mn |
| Mar 31, 2026 | 360.23 Mn |
| Dec 31, 2025 | 359.77 Mn |
| Sep 30, 2025 | 359.31 Mn |
| Jun 30, 2025 | 358.85 Mn |
| Mar 31, 2025 | 358.39 Mn |
| Dec 31, 2024 | 357.93 Mn |
| Sep 30, 2024 | 357.47 Mn |
| Jun 30, 2024 | 357.01 Mn |
| Mar 31, 2024 | 356.55 Mn |
| Dec 31, 2023 | 356.09 Mn |
| Sep 30, 2023 | 355.63 Mn |
| Jun 30, 2023 | 355.17 Mn |
| Mar 31, 2023 | 354.71 Mn |
| Dec 31, 2022 | 564.26 Mn |
| Sep 30, 2022 | 563.52 Mn |
| Jun 30, 2022 | 562.78 Mn |
| Mar 31, 2022 | 562.04 Mn |
| Dec 31, 2021 | 561.30 Mn |
| Sep 30, 2021 | 560.56 Mn |
API Access
Upwork Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "UPWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();