Upwork annual depreciation and amortization
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2025
Upwork Depreciation & Amortization Growth & History (UPWK)
Upwork's depreciation and amortization was $25.7M for fiscal 2025.
View full Upwork company overviewUpwork annual depreciation and amortization history
| Fiscal year | Period ended | Depreciation and amortization | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $25.7M | $10.9M | +73.56% |
| 2024 | 2024-12-31 | $14.8M | $5.4M | +56.77% |
| 2023 | 2023-12-31 | $9.4M | $1.4M | +17.28% |
| 2022 | 2022-12-31 | $8.1M | $3.7M | +83.11% |
| 2021 | 2021-12-31 | $4.4M | −$1.9M | −30.16% |
| 2020 | 2020-12-31 | $6.3M | $800,000 | +14.55% |
| 2019 | 2019-12-31 | $5.5M | $600,000 | +12.24% |
| 2018 | 2018-12-31 | $4.9M | $700,000 | +16.67% |
| 2017 | 2017-12-31 | $4.2M | −$3.3M | −44.00% |
| 2016 | 2016-12-31 | $7.5M | — | — |
Upwork quarterly depreciation and amortization
Q3.17
Q1.18
Q2.18
Q3.18
Q1.19
Q2.19
Q3.19
Q1.20
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q1.22
Q2.22
Q3.22
Q1.23
Q2.23
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Q1.24
Q2.24
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Depreciation and amortization | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $8.8M | $2.9M | +49.35% |
| Q1 2026 | 2026-03-31 | $9.1M | $4.2M | +87.18% |
| Q4 2025 | 2025-12-31 | $14.2M | — | — |
| Q3 2025 | 2025-09-30 | $7.9M | $4.3M | +116.63% |
| Q2 2025 | 2025-06-30 | $5.9M | $2.3M | +62.00% |
| Q1 2025 | 2025-03-31 | $4.9M | $1.7M | +54.51% |
| Q3 2024 | 2024-09-30 | $3.7M | $3.0M | +424.00% |
| Q2 2024 | 2024-06-30 | $3.6M | $2.8M | +353.63% |
| Q1 2024 | 2024-03-31 | $3.1M | $2.3M | +293.25% |
| Q3 2023 | 2023-09-30 | $700,000 | −$100,000 | −12.50% |
| Q2 2023 | 2023-06-30 | $800,000 | $0 | 0.00% |
| Q1 2023 | 2023-03-31 | $800,000 | $0 | 0.00% |
| Q3 2022 | 2022-09-30 | $800,000 | $0 | 0.00% |
| Q2 2022 | 2022-06-30 | $800,000 | −$200,000 | −20.00% |
| Q1 2022 | 2022-03-31 | $800,000 | −$900,000 | −52.94% |
| Q3 2021 | 2021-09-30 | $800,000 | −$900,000 | −52.94% |
| Q2 2021 | 2021-06-30 | $1.0M | −$500,000 | −33.33% |
| Q1 2021 | 2021-03-31 | $1.7M | $300,000 | +21.43% |
| Q3 2020 | 2020-09-30 | $1.7M | $300,000 | +21.43% |
| Q2 2020 | 2020-06-30 | $1.5M | $200,000 | +15.38% |
| Q1 2020 | 2020-03-31 | $1.4M | −$100,000 | −6.67% |
| Q3 2019 | 2019-09-30 | $1.4M | $100,000 | +7.69% |
| Q2 2019 | 2019-06-30 | $1.3M | $100,000 | +8.33% |
| Q1 2019 | 2019-03-31 | $1.5M | $1.1M | +275.00% |
| Q3 2018 | 2018-09-30 | $1.3M | $900,000 | +225.00% |
| Q2 2018 | 2018-06-30 | $1.2M | — | — |
| Q1 2018 | 2018-03-31 | $400,000 | — | — |
| Q3 2017 | 2017-09-30 | $400,000 | — | — |
Upwork depreciation and amortization trends
Over the last five fiscal years, Upwork's depreciation and amortization increased from $6.3M to $25.7M, a change of $19.4M. The latest reported quarter, Q2 2026, shows $8.8M.
About the metric
What depreciation and amortization mean
Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.
Calculation and source
Reported depreciation and amortization
TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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