Upwork UPWK
NASDAQ UPWK
$8.34 +0.18 (+2.21%)
At close: Oct 1, 2026 · 4:00 PM EDT

Upwork (UPWK) Other Operating Expenses (2017 - 2026)

Updated

Upwork (UPWK) posted Other Operating Expenses of $37.46 million for Q2 2026, down 2.5% from $38.44 million a year earlier and down 5.5% from the prior quarter.

Analysis

Upwork (UPWK) Other Operating Expenses (2017 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Other Operating Expenses at Upwork was $152.22 million, down 10.7% year-over-year; for FY2025, it was $151.55 million, down 21.0% from FY2024.

  • Annual Other Operating Expenses has declined for three consecutive years, though with a five-year compound annual growth rate of 2.1% (FY2020 to FY2025).
  • In prior years, Upwork's Other Operating Expenses was $191.94 million in FY2024 (-17.9%), $233.66 million in FY2023 (-14.1%), $272.04 million in FY2022 (+43.7%) and $189.34 million in FY2021 (+38.4%).
  • Quarterly Other Operating Expenses has run from a low of $37.38 million in Q3 2025 to a high of $73.31 million in Q3 2022 over five years.
  • On a year-over-year basis, Other Operating Expenses increased in 1 of the last eight quarters, with an average decline of 11.8%.
  • The strongest year-over-year quarter for Other Operating Expenses in the past five years was Q3 2022, with growth of 64.5%; the weakest was Q3 2023, with a decline of 33.3%.
  • According to Business Quant data, Other Operating Expenses for the three prior quarters was $39.66 million (Q1 2026), $37.72 million (Q4 2025) and $37.38 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
4 Alibaba Group Holding 249.81 Bn 67.68 Bn 15.11 Bn
5 Shopify 192.08 Bn 169.26 Bn 1.71 Bn
6 Uber Technologies 139.76 Bn 111.74 Bn 6.38 Bn
7 Booking Holdings 122.41 Bn 55.46 Bn -
8 PDD Holdings 110.94 Bn -140.99 Bn 9.45 Bn
9 Spotify Technology 100.32 Bn 57.56 Bn 1.86 Bn
10 Upwork 1.02 Bn -1.49 Bn 146.37 Mn
Historic Data

Historic Data

Download Data
DateValue
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 51.42 Mn
Sep 30, 2023 48.92 Mn
Jun 30, 2023 61.62 Mn
Mar 31, 2023 71.70 Mn
Dec 31, 2022 69.02 Mn
Sep 30, 2022 73.31 Mn
Jun 30, 2022 69.94 Mn
Mar 31, 2022 59.77 Mn
Dec 31, 2021 57.03 Mn
Sep 30, 2021 44.57 Mn
API Access

Upwork Other Operating 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=other-operating-expenses&ticker=UPWK&period=max&api_key=YOUR_API_KEY