Upwork UPWK
NASDAQ UPWK
$9.03 +0.01 (+0.17%)
As of: Aug 31, 2026 · 3:59 PM EDT

Upwork (UPWK) Asset Writedowns and Impairment (2017 - 2022)

Upwork (UPWK) posted quarterly Asset Writedowns and Impairment of -$1.9 million for Q2 2022, down 125.93% year-over-year from $7.4 million in Q2 2021, and down 200.0% quarter-over-quarter from $1.9 million in Q1 2022.

Analysis

Upwork (UPWK) Asset Writedowns and Impairment (2017 - 2022) Analysis & Trends

Upwork's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at -$1.9 million for Q2 2022.

  • In Q2 2022, Asset Writedowns and Impairment fell 125.93% year-over-year to -$1.9 million; the TTM figure through Sep 2022 stood at $1.4 million (down 81.7% YoY), while the FY2021 annual figure was $8.7 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment for Q2 2022 stood at -$1.9 million, down from $1.9 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $7.4 million in Q2 2021, with the low at -$2.1 million in Q4 2019.
  • The 5-year median for Asset Writedowns and Impairment is $870000.0 (2020), against an average of $834562.5.
  • The sharpest annual moves came in 2020 and 2021: Asset Writedowns and Impairment plunged 254.42% in 2020, then jumped 782.0% in 2021.
  • Upwork's Asset Writedowns and Impairment stood at $1.9 million in 2018, then sank by 209.83% to -$2.1 million in 2019, then advanced by 22.71% to -$1.6 million in 2020, then soared by 184.18% to $1.4 million in 2021, then plunged by 241.94% to -$1.9 million in 2022.
  • Business Quant data shows UPWK's Asset Writedowns and Impairment at -$1.9 million in Q2 2022, $1.9 million in Q1 2022, and $1.4 million in Q4 2021.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn
10 Upwork 1.12 Bn 501.02 Mn 146.37 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2022 -8.31 Mn
Sep 30, 2022 -8.31 Mn
Jun 30, 2022 6.39 Mn
Jun 30, 2022 6.39 Mn
Mar 31, 2022 1.92 Mn
Mar 31, 2022 1.92 Mn
Dec 31, 2021 1.35 Mn
Dec 31, 2021 1.35 Mn
Jun 30, 2021 7.40 Mn
Jun 30, 2021 7.40 Mn
Mar 31, 2021 901,000.00
Mar 31, 2021 901,000.00
Dec 31, 2020 -2.65 Mn
Dec 31, 2020 -2.65 Mn
Sep 30, 2020 1.05 Mn
Sep 30, 2020 1.05 Mn
Jun 30, 2020 839,000.00
Jun 30, 2020 839,000.00
Mar 31, 2020 767,000.00
Mar 31, 2020 767,000.00