Upwork, Inc (UPWK) Accumulated Expenses (2017 - 2026)

Upwork (UPWK) posted quarterly Accumulated Expenses of $64.0 million for Q1 2026, up 35.74% year-over-year from $47.1 million in Q1 2025, and down 31.94% on a QoQ basis from $94.0 million in Q4 2025.

Upwork, Inc (UPWK) Accumulated Expenses (2017 - 2026) Analysis & Trends

Upwork (UPWK) has reported Accumulated Expenses for 10 consecutive years, with $64.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Accumulated Expenses rose 35.74% year-over-year to $64.0 million; the TTM figure through Mar 2026 stood at $64.0 million (up 35.74% YoY), while the FY2025 annual figure was $94.0 million, up 58.55% from the prior year.
  • Accumulated Expenses came in at $64.0 million for Q1 2026 at Upwork, down from $94.0 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $94.0 million in Q4 2025, with the low at $33.0 million in Q1 2022.
  • Average Accumulated Expenses over 5 years is $55.3 million, with a median of $52.1 million recorded in 2023.
  • Across the five-year window, Accumulated Expenses retreated 1.92% in 2024 and soared 58.55% in 2025, its largest moves.
  • Year by year, Accumulated Expenses stood at $53.6 million in 2022, then climbed by 8.54% to $58.2 million in 2023, then advanced by 1.9% to $59.3 million in 2024, then jumped by 58.55% to $94.0 million in 2025, then plunged by 31.94% to $64.0 million in 2026.
  • According to Business Quant data, Accumulated Expenses over the past three periods registered $64.0 million, $94.0 million, and $73.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 63.99 Mn
Dec 31, 2025 94.02 Mn
Sep 30, 2025 73.34 Mn
Jun 30, 2025 58.76 Mn
Mar 31, 2025 47.14 Mn
Dec 31, 2024 59.30 Mn
Sep 30, 2024 55.75 Mn
Jun 30, 2024 49.81 Mn
Mar 31, 2024 46.68 Mn
Dec 31, 2023 58.19 Mn
Sep 30, 2023 52.11 Mn
Jun 30, 2023 48.82 Mn
Mar 31, 2023 47.60 Mn
Dec 31, 2022 53.61 Mn
Sep 30, 2022 51.78 Mn
Jun 30, 2022 45.68 Mn
Mar 31, 2022 33.03 Mn
Dec 31, 2021 45.74 Mn
Sep 30, 2021 45.05 Mn
Jun 30, 2021 33.21 Mn