Growth Metrics

Upwork (UPWK) Accumulated Expenses (2017 - 2025)

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

  • Quarterly results put Accumulated Expenses at $94.0 million for Q4 2025, up 58.55% from a year ago — trailing twelve months through Dec 2025 was $94.0 million (up 58.55% YoY), and the annual figure for FY2025 was $94.0 million, up 58.55%.
  • Accumulated Expenses for Q4 2025 was $94.0 million at Upwork, up from $73.3 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for UPWK hit a ceiling of $94.0 million in Q4 2025 and a floor of $26.8 million in Q1 2021.
  • Median Accumulated Expenses over the past 5 years was $49.3 million (2023), compared with a mean of $51.3 million.
  • Biggest five-year swings in Accumulated Expenses: fell 1.92% in 2024 and later surged 58.55% in 2025.
  • Upwork's Accumulated Expenses stood at $45.7 million in 2021, then rose by 17.2% to $53.6 million in 2022, then grew by 8.54% to $58.2 million in 2023, then rose by 1.9% to $59.3 million in 2024, then surged by 58.55% to $94.0 million in 2025.
  • The last three reported values for Accumulated Expenses were $94.0 million (Q4 2025), $73.3 million (Q3 2025), and $58.8 million (Q2 2025) per Business Quant data.