Upwork (UPWK) Depreciation and Depletion (2017 - 2026)
Upwork (UPWK) recorded quarterly Depreciation and Depletion of $700000.0 in Q1 2026, little changed quarter-over-quarter from $700000.0 in Q4 2025, and up 75.0% on a YoY basis from $400000.0 in Q1 2025.
Upwork (UPWK) Depreciation and Depletion (2017 - 2026) Analysis & Trends
Upwork's Depreciation and Depletion history runs 10 years deep, the most recent figure standing at $700000.0 for Q1 2026.
- In Q1 2026, Depreciation and Depletion rose 75.0% year-over-year to $700000.0; the TTM figure through Mar 2026 stood at $2.5 million (down 3.85% YoY), while the FY2025 annual figure was $2.2 million, down 24.14% from the prior year.
- Depreciation and Depletion was $700000.0 for Q1 2026 at Upwork, roughly flat from $700000.0 in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $900000.0 in Q4 2024 to a low of $400000.0 in Q1 2025.
- Historically, Depreciation and Depletion has averaged $700000.0 across 5 years, with a median of $700000.0 in 2023.
- The sharpest annual moves came in 2025 and 2026: Depreciation and Depletion sank 33.33% in 2025, then jumped 75.0% in 2026.
- A 5-year view of Depreciation and Depletion shows it stood at $800000.0 in 2022, then decreased by 12.5% to $700000.0 in 2023, then advanced by 28.57% to $900000.0 in 2024, then slipped by 22.22% to $700000.0 in 2025, then changed by 0.0% to $700000.0 in 2026.
- The last three Depreciation and Depletion figures came in at $700000.0 (Q1 2026), $700000.0 (Q4 2025), and $700000.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 208.80 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 6.48 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 5.68 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 23.41 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | - | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | - |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | - |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | - |
| 10 | Upwork | 1.12 Bn | 542.56 Mn | 150.84 Mn | 700,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 700,000.00 |
| Mar 31, 2026 | 700,000.00 |
| Dec 31, 2025 | 700,000.00 |
| Dec 31, 2025 | 700,000.00 |
| Sep 30, 2025 | 700,000.00 |
| Sep 30, 2025 | 700,000.00 |
| Jun 30, 2025 | 400,000.00 |
| Jun 30, 2025 | 400,000.00 |
| Mar 31, 2025 | 400,000.00 |
| Mar 31, 2025 | 400,000.00 |
| Dec 31, 2024 | 900,000.00 |
| Dec 31, 2024 | 900,000.00 |
| Sep 30, 2024 | 700,000.00 |
| Sep 30, 2024 | 700,000.00 |
| Jun 30, 2024 | 600,000.00 |
| Jun 30, 2024 | 600,000.00 |
| Mar 31, 2024 | 600,000.00 |
| Mar 31, 2024 | 600,000.00 |
| Dec 31, 2023 | 700,000.00 |
| Dec 31, 2023 | 700,000.00 |