Upwork (UPWK) Change in Accured Expenses (2017 - 2026)

Upwork (UPWK) recorded quarterly Change in Accured Expenses of -$33.5 million in Q1 2026, down 405.35% quarter-over-quarter from $11.0 million in Q4 2025, and down 201.28% on a YoY basis from $33.0 million in Q1 2025.

Upwork (UPWK) Change in Accured Expenses (2017 - 2026) Analysis & Trends

Upwork's Change in Accured Expenses history runs 10 years deep, the most recent figure standing at -$33.5 million for Q1 2026.

  • In Q1 2026, Change in Accured Expenses fell 201.28% year-over-year to -$33.5 million; the TTM figure through Mar 2026 stood at $5.4 million (up 19.03% YoY), while the FY2025 annual figure was $27.7 million, up 486.41% from the prior year.
  • Change in Accured Expenses was -$33.5 million for Q1 2026 at Upwork, down from $11.0 million in the prior quarter.
  • In the past five years, Change in Accured Expenses ranged from a high of $14.0 million in Q2 2025 to a low of -$33.5 million in Q1 2026.
  • Historically, Change in Accured Expenses has averaged $496235.3 across 5 years, with a median of $4.1 million in 2023.
  • The sharpest annual moves came in 2022 and 2026: Change in Accured Expenses surged 459.02% in 2022, then sank 201.28% in 2026.
  • A 5-year view of Change in Accured Expenses shows it stood at $1.5 million in 2022, then jumped by 358.84% to $6.8 million in 2023, then decreased by 25.3% to $5.1 million in 2024, then surged by 115.03% to $11.0 million in 2025, then tumbled by 405.35% to -$33.5 million in 2026.
  • The last three Change in Accured Expenses figures came in at -$33.5 million (Q1 2026), $11.0 million (Q4 2025), and $13.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -64.90 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn -6.00 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn -271.00 Mn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn -
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 7.63 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 76.86 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 157.07 Mn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn -67.65 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 23.00 Mn
10 Upwork 1.12 Bn 542.56 Mn 150.84 Mn -33.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -33.47 Mn
Mar 31, 2026 -33.47 Mn
Dec 31, 2025 10.96 Mn
Dec 31, 2025 10.96 Mn
Sep 30, 2025 13.87 Mn
Sep 30, 2025 13.87 Mn
Jun 30, 2025 14.02 Mn
Jun 30, 2025 14.02 Mn
Mar 31, 2025 -11.11 Mn
Mar 31, 2025 -11.11 Mn
Dec 31, 2024 5.10 Mn
Dec 31, 2024 5.10 Mn
Sep 30, 2024 6.48 Mn
Sep 30, 2024 6.48 Mn
Jun 30, 2024 4.05 Mn
Jun 30, 2024 4.05 Mn
Mar 31, 2024 -10.90 Mn
Mar 31, 2024 -10.90 Mn
Dec 31, 2023 6.82 Mn
Dec 31, 2023 6.82 Mn