Upwork (UPWK) Depreciation & Amortization (CF) (2017 - 2026)
Upwork (UPWK) posted quarterly Depreciation & Amortization (CF) of $9.1 million for Q1 2026, up 87.18% year-over-year from $4.9 million in Q1 2025, and up 29.54% quarter-over-quarter from $7.0 million in Q4 2025.
Analysis
Upwork (UPWK) Depreciation & Amortization (CF) (2017 - 2026) Analysis & Trends
Upwork's Depreciation & Amortization (CF) history runs 10 years deep, the most recent figure standing at $9.1 million for Q1 2026.
- In Q1 2026, Depreciation & Amortization (CF) rose 87.18% year-over-year to $9.1 million; the TTM figure through Mar 2026 stood at $29.9 million (up 81.2% YoY), while the FY2025 annual figure was $25.7 million, up 73.56% from the prior year.
- Depreciation & Amortization (CF) for Q1 2026 stood at $9.1 million, up from $7.0 million in the prior quarter.
- The five-year high for Depreciation & Amortization (CF) was $9.1 million in Q1 2026, with the low at $1.8 million in Q3 2023.
- The 5-year median for Depreciation & Amortization (CF) is $3.6 million (2024), against an average of $3.9 million.
- The sharpest annual moves came in 2022 and 2025: Depreciation & Amortization (CF) sank 37.1% in 2022, then surged 116.63% in 2025.
- Upwork's Depreciation & Amortization (CF) stood at $2.0 million in 2022, then soared by 85.76% to $3.8 million in 2023, then climbed by 14.76% to $4.4 million in 2024, then jumped by 60.73% to $7.0 million in 2025, then gained by 29.54% to $9.1 million in 2026.
- Business Quant data shows UPWK's Depreciation & Amortization (CF) at $9.1 million in Q1 2026, $7.0 million in Q4 2025, and $7.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation & Amortization (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 | 6.36 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 27.90 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 253.80 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 4.26 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 | 11.79 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | - |
| 10 | Upwork | 1.12 Bn | 501.02 Mn | 146.37 Mn | 8.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.78 Mn |
| Jun 30, 2026 | 8.78 Mn |
| Mar 31, 2026 | 9.10 Mn |
| Mar 31, 2026 | 9.10 Mn |
| Dec 31, 2025 | 7.02 Mn |
| Dec 31, 2025 | 7.02 Mn |
| Sep 30, 2025 | 7.95 Mn |
| Sep 30, 2025 | 7.95 Mn |
| Jun 30, 2025 | 5.88 Mn |
| Jun 30, 2025 | 5.88 Mn |
| Mar 31, 2025 | 4.86 Mn |
| Mar 31, 2025 | 4.86 Mn |
| Dec 31, 2024 | 4.37 Mn |
| Dec 31, 2024 | 4.37 Mn |
| Sep 30, 2024 | 3.67 Mn |
| Sep 30, 2024 | 3.67 Mn |
| Jun 30, 2024 | 3.63 Mn |
| Jun 30, 2024 | 3.63 Mn |
| Mar 31, 2024 | 3.15 Mn |
| Mar 31, 2024 | 3.15 Mn |