Upwork (UPWK) Change in Accured Expenses (2017 - 2026)
Upwork (UPWK) posted quarterly Change in Accured Expenses of -$33.5 million for Q1 2026, down 201.28% year-over-year from $33.0 million in Q1 2025, and down 405.35% quarter-over-quarter from $11.0 million in Q4 2025.
Analysis
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 for Q1 2026 stood at -$33.5 million, down from $11.0 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $14.0 million in Q2 2025, with the low at -$33.5 million in Q1 2026.
- The 5-year median for Change in Accured Expenses is $4.1 million (2023), against an average of $496235.3.
- The sharpest annual moves came in 2022 and 2026: Change in Accured Expenses jumped 459.02% in 2022, then plunged 201.28% in 2026.
- Upwork's Change in Accured Expenses stood at $1.5 million in 2022, then soared by 358.84% to $6.8 million in 2023, then retreated by 25.3% to $5.1 million in 2024, then jumped by 115.03% to $11.0 million in 2025, then slumped by 405.35% to -$33.5 million in 2026.
- Business Quant data shows UPWK's Change in Accured Expenses at -$33.5 million in Q1 2026, $11.0 million in Q4 2025, and $13.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 6.31 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 5.93 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | - |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 23.10 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 9.03 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 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 25.55 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 50.62 Mn |
| 10 | Upwork | 1.12 Bn | 501.02 Mn | 146.37 Mn | 1.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 Mn |
| Jun 30, 2026 | 1.40 Mn |
| 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 |