Upwork (UPWK) Other Operating Expenses (2017 - 2026)
Upwork (UPWK) posted quarterly Other Operating Expenses of $39.7 million for Q1 2026, up 4.34% year-over-year from $38.0 million in Q1 2025, and up 5.13% quarter-over-quarter from $37.7 million in Q4 2025.
Analysis
Upwork (UPWK) Other Operating Expenses (2017 - 2026) Analysis & Trends
Upwork's Other Operating Expenses history runs 10 years deep, the most recent figure standing at $39.7 million for Q1 2026.
- In Q1 2026, Other Operating Expenses rose 4.34% year-over-year to $39.7 million; the TTM figure through Mar 2026 stood at $165.7 million (down 13.07% YoY), while the FY2025 annual figure was $151.6 million, down 21.04% from the prior year.
- Other Operating Expenses for Q1 2026 stood at $39.7 million, up from $37.7 million in the prior quarter.
- The five-year high for Other Operating Expenses was $91.6 million in Q4 2023, with the low at -$23.3 million in Q4 2022.
- The 5-year median for Other Operating Expenses is $48.8 million (2024), against an average of $47.9 million.
- The sharpest annual moves came in 2022 and 2023: Other Operating Expenses slumped 140.87% in 2022, then jumped 493.21% in 2023.
- Upwork's Other Operating Expenses stood at -$23.3 million in 2022, then surged by 493.21% to $91.6 million in 2023, then plunged by 49.63% to $46.2 million in 2024, then retreated by 18.29% to $37.7 million in 2025, then increased by 5.13% to $39.7 million in 2026.
- Business Quant data shows UPWK's Other Operating Expenses at $39.7 million in Q1 2026, $37.7 million in Q4 2025, and $49.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Upwork | 1.12 Bn | 501.02 Mn | 146.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.46 Mn |
| Mar 31, 2026 | 39.66 Mn |
| Dec 31, 2025 | 37.72 Mn |
| Sep 30, 2025 | 37.38 Mn |
| Jun 30, 2025 | 38.44 Mn |
| Mar 31, 2025 | 38.01 Mn |
| Dec 31, 2024 | 46.17 Mn |
| Sep 30, 2024 | 47.89 Mn |
| Jun 30, 2024 | 49.11 Mn |
| Mar 31, 2024 | 48.78 Mn |
| Dec 31, 2023 | 48.33 Mn |
| Sep 30, 2023 | 45.03 Mn |
| Jun 30, 2023 | 45.79 Mn |
| Mar 31, 2023 | 51.18 Mn |
| Dec 31, 2022 | 47.90 Mn |
| Sep 30, 2022 | 49.04 Mn |
| Jun 30, 2022 | 42.48 Mn |
| Mar 31, 2022 | 40.29 Mn |
| Dec 31, 2021 | 35.82 Mn |
| Sep 30, 2021 | 32.25 Mn |