Upwork Balance Sheet (2017-2026)

Reported Financials

Upwork Quarterly Balance Sheet

Periods 36 quarters

Latest Jun 2026

Upwork reported total assets of $1.27B and total liabilities of $0.66B for the quarter ended Jun 2026, up 1.0% year over year. This balance sheet covers 36 quarters of results from Sep 2017 through Jun 2026, standardized by Business Quant from the company’s SEC filings.

Balance Sheet	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026	Jun2026
Assets
Current Assets
Cash & EquivalentsCash & Equiv.	0.78B	0.19B	0.32B	0.33B	0.33B	0.13B	0.29B	0.34B	0.33B	0.08B	0.25B	0.41B	0.51B	0.51B	0.52B	0.51B	0.26B	0.29B	0.33B	0.48B
Short-term InvestmentsInvestments (Current)	0.10B	0.50B	0.55B	0.53B	0.52B	0.56B	0.41B	0.36B	0.41B	0.47B	0.47B	0.31B	0.31B	0.32B	0.32B	0.34B	0.38B	0.38B	0.25B	0.14B
Cash & Current Investments	0.87B	0.68B	0.87B	0.86B	0.85B	0.69B	0.69B	0.70B	0.74B	0.55B	0.72B	0.72B	0.82B	0.82B	0.84B	0.85B	0.64B	0.67B	0.58B	0.61B
Receivables - NetNet Receivables	0.06B	0.07B	0.06B	0.07B	0.07B	0.06B	0.06B	0.07B	0.06B	0.10B	0.11B	0.12B	0.07B	0.08B	0.08B	0.07B	0.08B	0.08B	0.08B	0.08B
Receivables - OtherOther Receivables	0.17B	0.16B	0.20B	0.19B	0.17B	0.16B	0.18B	0.18B	0.18B	0.21B	0.22B	0.22B	0.21B	0.20B	0.22B	0.21B	0.21B	0.18B	0.20B	0.19B
Receivables	0.23B	0.23B	0.26B	0.26B	0.24B	0.23B	0.24B	0.24B	0.24B	0.32B	0.34B	0.34B	0.28B	0.27B	0.29B	0.28B	0.29B	0.26B	0.28B	0.27B
Prepaid Assets	0.01B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.03B
Current Assets	0.94B	0.93B	0.95B	0.94B	0.93B	0.93B	0.77B	0.78B	0.81B	0.88B	0.85B	0.86B	0.90B	0.91B	0.94B	0.94B	0.95B	0.95B	0.88B	0.91B
Non-Current Assets
Property, Plant & Equipment (Net)PP&E (Net)	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.04B	0.04B	0.04B	0.05B	0.06B
Goodwill	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.14B	0.15B	0.15B	0.15B	0.15B
Intangibles										0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.04B	0.04B	0.03B	0.03B
Goodwill & Intangibles	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.12B	0.13B	0.13B	0.15B	0.19B	0.19B	0.18B	0.18B
Long-Term Deferred Tax														0.13B	0.13B	0.13B	0.13B	0.11B	0.11B	0.11B
Other Non-Current Assets	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B
Non-Current Assets	0.15B	0.15B	0.15B	0.15B	0.15B	0.15B	0.15B	0.15B	0.15B	0.15B	0.15B	0.15B	0.16B	0.30B	0.30B	0.32B	0.36B	0.35B	0.36B	0.37B
Assets	1.09B	1.08B	1.10B	1.09B	1.08B	1.08B	0.92B	0.93B	0.96B	1.04B	1.00B	1.01B	1.06B	1.21B	1.24B	1.26B	1.31B	1.30B	1.24B	1.27B
Liabilities
Current Liabilities
Accounts Payables	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.01B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B
Payables	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.01B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B
Accumulated Expenses	0.05B	0.05B	0.03B	0.05B	0.05B	0.05B	0.05B	0.05B	0.05B	0.06B	0.05B	0.05B	0.06B	0.06B	0.05B	0.06B	0.07B	0.09B	0.06B	0.07B
Other Accumulated Expenses
Short term Debt																	0.36B	0.36B	0.36B	0.36B
Current Deferred Revenue	0.02B	0.02B	0.02B	0.02B	0.02B	0.03B	0.03B	0.02B	0.02B	0.02B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B
Total Current Liabilities	0.24B	0.23B	0.26B	0.26B	0.25B	0.25B	0.26B	0.25B	0.25B	0.29B	0.29B	0.29B	0.28B	0.27B	0.27B	0.28B	0.66B	0.65B	0.65B	0.64B
Non-Current Liabilities
Non-Current Debt	0.56B	0.56B	0.56B	0.56B	0.56B	0.56B	0.35B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B
Preferred Stock Liabilities
Operating Leases	0.02B	0.02B	0.02B	0.01B	0.01B	0.02B	0.01B	0.01B	0.01B	0.01B	0.01B	0.00B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.02B	0.01B
Other Non-Current Liabilities	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B
Total Non-Current Liabilities	0.82B	0.81B	0.84B	0.84B	0.83B	0.82B	0.62B	0.62B	0.62B	0.66B	0.65B	0.65B	0.65B	0.64B	0.64B	0.65B	0.67B	0.66B	0.66B	0.65B
Total Liabilities	0.83B	0.82B	0.85B	0.85B	0.84B	0.83B	0.63B	0.62B	0.62B	0.66B	0.65B	0.65B	0.65B	0.64B	0.65B	0.65B	0.68B	0.67B	0.67B	0.66B
Shareholder's Equity
Total Debt	0.56B	0.56B	0.56B	0.56B	0.56B	0.56B	0.35B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.36B	0.72B	0.72B	0.72B	0.72B
Common Equity	0.26B	0.26B	0.25B	0.25B	0.24B	0.25B	0.29B	0.31B	0.34B	0.38B	0.35B	0.36B	0.41B	0.58B	0.59B	0.61B	0.63B	0.63B	0.57B	0.61B
Liabilities and Shareholders Equity	1.09B	1.08B	1.10B	1.09B	1.08B	1.08B	0.92B	0.93B	0.96B	1.04B	1.00B	1.01B	1.06B	1.21B	1.24B	1.26B	1.31B	1.30B	1.24B	1.27B
Treasury Shares											0.00B
Retained Earnings	-0.23B	-0.25B	-0.28B	-0.30B	-0.32B	-0.34B	-0.32B	-0.33B	-0.31B	-0.29B	-0.28B	-0.25B	-0.23B	-0.08B	-0.04B	-0.01B	0.02B	0.04B	0.07B	0.09B
Preferred Shares

Upwork UPWK Balance Sheet (2017-2026)

Upwork Quarterly Balance Sheet

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