Upwork's Depreciation & Amortization (CF) rose 6073.23% to $7.0 million in Q4 2025 from the same period last year, while for Dec 2025 it was $25.7 million, marking a year-over-year increase of 7356.38%. This contributed to the annual value of $25.7 million for FY2025, which is 7356.38% up from last year.
As of Q4 2025, Upwork's Depreciation & Amortization (CF) stood at $7.0 million, which was up 6073.23% from $7.9 million recorded in Q3 2025.
Upwork's Depreciation & Amortization (CF)'s 5-year high stood at $7.9 million during Q3 2025, with a 5-year trough of $1.8 million in Q3 2023.
For the 5-year period, Upwork's Depreciation & Amortization (CF) averaged around $3.4 million, with its median value being $2.8 million (2021).
Its Depreciation & Amortization (CF) has fluctuated over the past 5 years, first tumbled by 3710.08% in 2022, then soared by 11663.03% in 2025.
Quarter analysis of 5 years shows Upwork's Depreciation & Amortization (CF) stood at $2.1 million in 2021, then decreased by 1.16% to $2.0 million in 2022, then soared by 85.76% to $3.8 million in 2023, then increased by 14.76% to $4.4 million in 2024, then surged by 60.73% to $7.0 million in 2025.
Its Depreciation & Amortization (CF) was $7.0 million in Q4 2025, compared to $7.9 million in Q3 2025 and $5.9 million in Q2 2025.

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