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Upwork (UPWK) Accumulated Expenses (2017 - 2026)

Upwork has reported Accumulated Expenses over the past 9 years, most recently at $94.0 million for Q4 2025.

  • For Q4 2025, Accumulated Expenses rose 58.55% year-over-year to $94.0 million; the TTM value through Dec 2025 reached $94.0 million, up 58.55%, while the annual FY2025 figure was $94.0 million, 58.55% up from the prior year.
  • Accumulated Expenses for Q4 2025 was $94.0 million at Upwork, up from $73.3 million in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $94.0 million in Q4 2025 and troughed at $26.8 million in Q1 2021.
  • A 5-year average of $51.3 million and a median of $49.3 million in 2023 define the central range for Accumulated Expenses.
  • Biggest five-year swings in Accumulated Expenses: dropped 1.92% in 2024 and later soared 58.55% in 2025.
  • Year by year, Accumulated Expenses stood at $45.7 million in 2021, then grew by 17.2% to $53.6 million in 2022, then increased by 8.54% to $58.2 million in 2023, then grew by 1.9% to $59.3 million in 2024, then soared by 58.55% to $94.0 million in 2025.
  • Business Quant data shows Accumulated Expenses for UPWK at $94.0 million in Q4 2025, $73.3 million in Q3 2025, and $58.8 million in Q2 2025.