Upwork, Inc (UPWK) Interest Expenses (2017 - 2023)

Upwork (UPWK) has reported Interest Expenses for 7 consecutive years, with $711000.0 the latest figure, recorded in 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 came in at $711000.0 for Q3 2023 at Upwork, roughly flat from $713000.0 in the prior quarter.
• The five-year high for Interest Expenses was $1.1 million in Q4 2021, with the low at $110000.0 in Q2 2021.
• Average Interest Expenses over 5 years is $593263.2, with a median of $373000.0 recorded in 2019.
• Across the five-year window, Interest Expenses sank 57.36% in 2021 and soared 918.18% in 2022, its largest moves.
• Year by year, Interest Expenses stood at $259000.0 in 2019, then slumped by 46.72% to $138000.0 in 2020, then soared by 715.22% to $1.1 million in 2021, then fell by 0.36% to $1.1 million in 2022, then plunged by 36.57% to $711000.0 in 2023.
• According to Business Quant data, Interest Expenses over the past three periods registered $711000.0, $713000.0, and $1.1 million for Q3 2023, Q2 2023, and Q1 2023 respectively.