Upwork (UPWK) Non Operating Interest Expenses (2017 - 2023)
Upwork (UPWK) recorded Non Operating Interest Expenses of $711,000 in Q3 2023, down 36.3% from $1.12 million a year earlier and down 0.3% from the prior quarter.
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Analysis
Upwork (UPWK) Non Operating Interest Expenses (2017 - 2023) Analysis & Trends
On a TTM basis, Upwork's Non Operating Interest Expenses came in at $3.65 million as of Sep 30, 2023, down 18.7% year-over-year; for FY2022, it was $4.48 million, up 105.6% from FY2021.
- Annual Non Operating Interest Expenses has a five-year compound annual growth rate of 36.1% (FY2017 to FY2022).
- Across earlier years, Non Operating Interest Expenses came in at $2.18 million in FY2021 (+180.2%), $778,000 in FY2020 (-40.4%), $1.31 million in FY2019 (-35.9%) and $2.04 million in FY2018 (+112.3%).
- The Q3 2023 figure is the lowest quarterly Non Operating Interest Expenses since Q2 2021.
- On a year-over-year basis, Non Operating Interest Expenses has declined for four consecutive quarters, with growth averaging 259.2% over the last eight quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 918.2% in Q2 2022, against a decline of 57.4% in Q2 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $713,000 (Q2 2023), $1.1 million (Q1 2023) and $1.12 million (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | - |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 175.69 Mn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | -346.00 Mn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 127.00 Mn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 300.00 Mn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | -24.41 Mn |
| 10 | Upwork | 1.02 Bn | -1.49 Bn | 146.37 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 711,000.00 |
| Jun 30, 2023 | 713,000.00 |
| Mar 31, 2023 | 1.10 Mn |
| Dec 31, 2022 | 1.12 Mn |
| Sep 30, 2022 | 1.12 Mn |
| Jun 30, 2022 | 1.12 Mn |
| Mar 31, 2022 | 1.13 Mn |
| Dec 31, 2021 | 1.13 Mn |
| Sep 30, 2021 | 746,000.00 |
| Jun 30, 2021 | 110,000.00 |
| Mar 31, 2021 | 199,000.00 |
| Dec 31, 2020 | 138,000.00 |
| Sep 30, 2020 | 152,000.00 |
| Jun 30, 2020 | 258,000.00 |
| Mar 31, 2020 | 230,000.00 |
| Dec 31, 2019 | 259,000.00 |
| Sep 30, 2019 | 317,000.00 |
| Jun 30, 2019 | 357,000.00 |
| Mar 31, 2019 | 373,000.00 |
| Dec 31, 2018 | 364,000.00 |
API Access
Upwork Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "UPWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();