Upwork (UPWK) Depreciation & Amortization (CF) (2017 - 2026)

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) was $9.1 million for Q1 2026 at Upwork, up from $7.0 million in the prior quarter.
• In the past five years, Depreciation & Amortization (CF) ranged from a high of $9.1 million in Q1 2026 to a low of $1.8 million in Q3 2023.
• Historically, Depreciation & Amortization (CF) has averaged $3.9 million across 5 years, with a median of $3.6 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Depreciation & Amortization (CF) slumped 37.1% in 2022, then soared 116.63% in 2025.
• A 5-year view of Depreciation & Amortization (CF) shows it stood at $2.0 million in 2022, then jumped by 85.76% to $3.8 million in 2023, then grew by 14.76% to $4.4 million in 2024, then surged by 60.73% to $7.0 million in 2025, then advanced by 29.54% to $9.1 million in 2026.
• The last three Depreciation & Amortization (CF) figures came in at $9.1 million (Q1 2026), $7.0 million (Q4 2025), and $7.9 million (Q3 2025), per Business Quant data.