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

Upwork has reported Asset Writedowns and Impairment over the past 6 years, most recently at -$8.3 million for Q3 2022.

  • For Q3 2022, Asset Writedowns and Impairment fell 811.18% year-over-year to -$8.3 million; the TTM value through Sep 2022 reached $1.4 million, down 81.7%, while the annual FY2021 figure was $8.7 million, N/A changed from the prior year.
  • Asset Writedowns and Impairment for Q3 2022 was -$8.3 million at Upwork, down from $6.4 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $7.4 million in Q2 2021 and troughed at -$8.3 million in Q3 2022.
  • A 5-year average of $834562.5 and a median of $970500.0 in 2019 define the central range for Asset Writedowns and Impairment.
  • Biggest five-year swings in Asset Writedowns and Impairment: skyrocketed 1064.8% in 2021 and later tumbled 811.18% in 2022.
  • Year by year, Asset Writedowns and Impairment stood at $1.9 million in 2018, then crashed by 209.83% to -$2.1 million in 2019, then surged by 63.09% to -$767000.0 in 2020, then soared by 276.27% to $1.4 million in 2021, then tumbled by 714.64% to -$8.3 million in 2022.
  • Business Quant data shows Asset Writedowns and Impairment for UPWK at -$8.3 million in Q3 2022, $6.4 million in Q2 2022, and $1.9 million in Q1 2022.