Upwork (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% quarter-over-quarter from $94.0 million in Q4 2025.
Upwork (UPWK) Accumulated Expenses (2017 - 2026) Analysis & Trends
Upwork's Accumulated Expenses history runs 10 years deep, the most recent figure standing at $64.0 million for 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 for Q1 2026 stood at $64.0 million, 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.
- The 5-year median for Accumulated Expenses is $52.1 million (2023), against an average of $55.3 million.
- The sharpest annual moves came in 2024 and 2025: Accumulated Expenses slipped 1.92% in 2024, then surged 58.55% in 2025.
- Upwork's Accumulated Expenses stood at $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, then slumped by 31.94% to $64.0 million in 2026.
- Business Quant data shows UPWK's Accumulated Expenses at $64.0 million in Q1 2026, $94.0 million in Q4 2025, and $73.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,165.61 Bn | 3,736.57 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,523.46 Bn | 1,433.20 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn |
| 4 | Baidu | 288.34 Bn | 283.85 Bn | 1.88 Mn |
| 5 | Spotify Technology | 103.44 Bn | 93.20 Bn | 1.75 Bn |
| 6 | Joyy | 77.39 Bn | 76.50 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 50.20 Bn | 40.57 Bn | 295.20 Mn |
| 9 | 30.00 Bn | 27.22 Bn | 734.60 Mn | |
| 10 | Upwork | 1.07 Bn | 490.68 Mn | 150.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |