Upwork (UPWK) Interest Expenses (2017 - 2023)
Upwork (UPWK) recorded quarterly Interest Expenses of $711000.0 in Q3 2023, little changed quarter-over-quarter from $713000.0 in Q2 2023, and down 36.35% on a YoY basis from $1.1 million in Q3 2022.
Upwork (UPWK) Interest Expenses (2017 - 2023) Analysis & Trends
Upwork's Interest Expenses history runs 7 years deep, the most recent figure standing at $711000.0 for Q3 2023.
- In Q3 2023, Interest Expenses fell 36.35% year-over-year to $711000.0; the TTM figure through Jun 2024 stood at $711000.0 (down 82.45% YoY), while the FY2022 annual figure was $4.5 million, up 105.64% from the prior year.
- Interest Expenses was $711000.0 for Q3 2023 at Upwork, roughly flat from $713000.0 in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $1.1 million in Q4 2021 to a low of $110000.0 in Q2 2021.
- Historically, Interest Expenses has averaged $593263.2 across 5 years, with a median of $373000.0 in 2019.
- The sharpest annual moves came in 2021 and 2022: Interest Expenses plunged 57.36% in 2021, then soared 918.18% in 2022.
- A 5-year view of Interest Expenses shows it stood at $259000.0 in 2019, then sank by 46.72% to $138000.0 in 2020, then soared by 715.22% to $1.1 million in 2021, then slipped by 0.36% to $1.1 million in 2022, then tumbled by 36.57% to $711000.0 in 2023.
- The last three Interest Expenses figures came in at $711000.0 (Q3 2023), $713000.0 (Q2 2023), and $1.1 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | -63.70 Mn |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | - |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | - |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | -30.44 Mn |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | - | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | - |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 42.53 Mn |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 36.76 Mn |
| 10 | Upwork | 1.03 Bn | 452.88 Mn | 150.84 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 711,000.00 |
| Sep 30, 2023 | 711,000.00 |
| Jun 30, 2023 | 713,000.00 |
| Jun 30, 2023 | 713,000.00 |
| Mar 31, 2023 | 1.10 Mn |
| Mar 31, 2023 | 1.10 Mn |
| Dec 31, 2022 | 1.12 Mn |
| Dec 31, 2022 | 1.12 Mn |
| Sep 30, 2022 | 1.12 Mn |
| Sep 30, 2022 | 1.12 Mn |
| Jun 30, 2022 | 1.12 Mn |
| Jun 30, 2022 | 1.12 Mn |
| Mar 31, 2022 | 1.13 Mn |
| Mar 31, 2022 | 1.13 Mn |
| Dec 31, 2021 | 1.13 Mn |
| Dec 31, 2021 | 1.13 Mn |
| Sep 30, 2021 | 746,000.00 |
| Sep 30, 2021 | 746,000.00 |
| Jun 30, 2021 | 110,000.00 |
| Jun 30, 2021 | 110,000.00 |