Upwork (UPWK) Selling, General & Administrative (2017 - 2026)
Upwork (UPWK) recorded Selling, General & Administrative of $36.88 million in Q2 2026, up 3.4% from $35.66 million a year earlier and up 4.9% from the prior quarter.
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Analysis
Upwork (UPWK) Selling, General & Administrative (2017 - 2026) Analysis & Trends
On a TTM basis, Upwork's Selling, General & Administrative came in at $154.96 million as of Jun 30, 2026, up 18.7% year-over-year; for FY2025, it came in at $146.63 million, up 13.8% from FY2024.
- Annual Selling, General & Administrative has a five-year compound annual growth rate of 15.4% (FY2020 to FY2025).
- Across earlier years, Selling, General & Administrative came in at $128.8 million in FY2024 (+8.3%), $118.93 million in FY2023 (-4.1%), $123.95 million in FY2022 (+9.6%) and $113.08 million in FY2021 (+58.1%).
- Quarterly Selling, General & Administrative has ranged from $26.08 million in Q3 2021 to $41.67 million in Q4 2025 over the past five years.
- On a year-over-year basis, Selling, General & Administrative has increased for five consecutive quarters, with growth averaging 13.1% over the last eight quarters.
- Peak year-over-year performance for Selling, General & Administrative in the last five years was growth of 67.8% in Q4 2021, against a decline of 13.0% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $35.16 million (Q1 2026), $41.67 million (Q4 2025) and $41.26 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 6.46 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 5.61 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 498.85 Mn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | -1.87 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 136.00 Mn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 935.00 Mn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 217.00 Mn |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | -345.00 Mn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 172.03 Mn |
| 10 | Upwork | 1.00 Bn | -1.51 Bn | 146.37 Mn | 36.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.88 Mn |
| Mar 31, 2026 | 35.16 Mn |
| Dec 31, 2025 | 41.67 Mn |
| Sep 30, 2025 | 41.26 Mn |
| Jun 30, 2025 | 35.66 Mn |
| Mar 31, 2025 | 28.05 Mn |
| Dec 31, 2024 | 35.60 Mn |
| Sep 30, 2024 | 31.28 Mn |
| Jun 30, 2024 | 29.92 Mn |
| Mar 31, 2024 | 32.00 Mn |
| Dec 31, 2023 | 32.00 Mn |
| Sep 30, 2023 | 28.65 Mn |
| Jun 30, 2023 | 28.98 Mn |
| Mar 31, 2023 | 29.29 Mn |
| Dec 31, 2022 | 30.08 Mn |
| Sep 30, 2022 | 31.41 Mn |
| Jun 30, 2022 | 33.32 Mn |
| Mar 31, 2022 | 29.14 Mn |
| Dec 31, 2021 | 31.11 Mn |
| Sep 30, 2021 | 26.08 Mn |
API Access
Upwork Selling, General & Administrative 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=selling-general-and-administrative&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();