# UPWORK INC. (UPWK) FY2026 Q2 Balance Sheet

- Company: UPWORK INC. (UPWK)
- Period: As of 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-10, accession number 0001627475-26-000047
- Page: https://plicit.ai/financials/upwk/fy2026-q2-balance-sheet
- Chart image: https://plicit.ai/charts/upwk-fy2026-q2-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

- **Assets**: 1,274,404,000 US dollars
- **Current assets**: 908,990,000 US dollars
- **Non-current assets**: 365,414,000 US dollars
- **Liabilities**: 663,138,000 US dollars
- **Current liabilities**: 638,249,000 US dollars
- **Non-current liabilities**: 24,889,000 US dollars
- **Equity**: 611,266,000 US dollars
- **Cash and cash equivalents**: 476,040,000 US dollars
- **Funds held in escrow, including funds in transit**: 193,269,000 US dollars
- **Marketable securities**: 138,204,000 US dollars
- **Trade and client receivables – net of allowance of $6,754 and $5,919 as of June 30, 2026 and December 31, 2025, respectively**: 76,459,000 US dollars
- **Prepaid expenses and other current assets**: 25,018,000 US dollars
- **Goodwill**: 149,192,000 US dollars
- **Deferred tax asset**: 109,860,000 US dollars
- **Property and equipment, net**: 58,605,000 US dollars
- **Intangible assets, net**: 31,318,000 US dollars
- **Operating lease asset**: 12,217,000 US dollars
- **Other assets, noncurrent**: 4,222,000 US dollars
- **Debt, current**: 360,691,000 US dollars
- **Escrow funds payable**: 193,269,000 US dollars
- **Accrued expenses and other current liabilities**: 68,683,000 US dollars
- **Deferred revenue**: 8,576,000 US dollars
- **Accounts payable**: 7,030,000 US dollars
- **Operating lease liability, noncurrent**: 14,367,000 US dollars
- **Other liabilities, noncurrent**: 10,522,000 US dollars
- **Additional paid-in capital**: 517,479,000 US dollars
- **Retained earnings**: 93,814,000 US dollars
- **Common stock, $0.0001 par value; 490,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 124,797,586 and 130,545,236 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively**: 12,000 US dollars
- **Accumulated and other comprehensive (loss) income**: negative 39,000 US dollars
- **Gross equity (calculated)**: 611,305,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.