Upwork (UPWK) Accumulated Expenses (2017 - 2026)

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 was $64.0 million for Q1 2026 at Upwork, down from $94.0 million in the prior quarter.
• In the past five years, Accumulated Expenses ranged from a high of $94.0 million in Q4 2025 to a low of $33.0 million in Q1 2022.
• Historically, Accumulated Expenses has averaged $55.3 million across 5 years, with a median of $52.1 million in 2023.
• The sharpest annual moves came in 2024 and 2025: Accumulated Expenses dropped 1.92% in 2024, then soared 58.55% in 2025.
• A 5-year view of Accumulated Expenses shows it stood at $53.6 million in 2022, then rose by 8.54% to $58.2 million in 2023, then increased by 1.9% to $59.3 million in 2024, then jumped by 58.55% to $94.0 million in 2025, then tumbled by 31.94% to $64.0 million in 2026.
• The last three Accumulated Expenses figures came in at $64.0 million (Q1 2026), $94.0 million (Q4 2025), and $73.3 million (Q3 2025), per Business Quant data.