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Upwork Inc. (UPWK) Cost of goods sold

annual cost of goods sold:

$174.09M+$3.64M(+2.14%)
December 31, 2024

Summary

  • As of today (August 22, 2025), UPWK annual cost of goods sold is $174.09 million, with the most recent change of +$3.64 million (+2.14%) on December 31, 2024.
  • During the last 3 years, UPWK annual cost of goods sold has risen by +$38.59 million (+28.48%).
  • UPWK annual cost of goods sold is now at all-time high.

Performance

UPWK Cost of goods sold Chart

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quarterly cost of goods sold:

$43.43M+$1.63M(+3.89%)
June 30, 2025

Summary

  • As of today (August 22, 2025), UPWK quarterly cost of goods sold is $43.43 million, with the most recent change of +$1.63 million (+3.89%) on June 30, 2025.
  • Over the past year, UPWK quarterly cost of goods sold has dropped by -$420.00 thousand (-0.96%).
  • UPWK quarterly cost of goods sold is now -5.31% below its all-time high of $45.87 million, reached on December 31, 2023.

Performance

UPWK quarterly cost of goods sold Chart

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TTM cost of goods sold:

$171.29M-$420.00K(-0.24%)
June 30, 2025

Summary

  • As of today (August 22, 2025), UPWK TTM cost of goods sold is $171.29 million, with the most recent change of -$420.00 thousand (-0.24%) on June 30, 2025.
  • Over the past year, UPWK TTM cost of goods sold has dropped by -$5.90 million (-3.33%).
  • UPWK TTM cost of goods sold is now -3.40% below its all-time high of $177.32 million, reached on September 30, 2024.

Performance

UPWK TTM cost of goods sold Chart

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Cost of goods sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

UPWK Cost of goods sold Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterlyTTMTTM
1 y1 year+2.1%-1.0%-3.3%
3 y3 years+28.5%+6.3%+13.6%
5 y5 years+97.5%+70.9%+81.6%

UPWK Cost of goods sold Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs lowTTM vs highTTM vs highTTM vs lowTTM vs low
3 y3-yearat high+28.5%-5.3%+7.4%-3.4%+13.6%
5 y5-yearat high+97.5%-5.3%+70.9%-3.4%+81.6%
alltimeall timeat high+178.2%-5.3%+157.1%-3.4%+913.9%

UPWK Cost of goods sold History

DateAnnualQuarterlyTTM
Jun 2025
-
$43.43M(+3.9%)
$171.29M(-0.2%)
Mar 2025
-
$41.81M(-2.0%)
$171.71M(-1.4%)
Dec 2024
$174.09M(+2.1%)
$42.64M(-1.8%)
$174.09M(-1.8%)
Sep 2024
-
$43.41M(-1.0%)
$177.32M(+0.1%)
Jun 2024
-
$43.85M(-0.8%)
$177.19M(+1.7%)
Mar 2024
-
$44.19M(-3.7%)
$174.22M(+2.2%)
Dec 2023
$170.45M(+6.3%)
$45.87M(+6.0%)
$170.45M(+2.8%)
Sep 2023
-
$43.27M(+5.8%)
$165.74M(+1.7%)
Jun 2023
-
$40.88M(+1.1%)
$162.94M(+0.0%)
Mar 2023
-
$40.43M(-1.8%)
$162.91M(+1.6%)
Dec 2022
$160.40M(+18.4%)
$41.16M(+1.7%)
$160.40M(+2.6%)
Sep 2022
-
$40.47M(-0.9%)
$156.29M(+3.7%)
Jun 2022
-
$40.86M(+7.8%)
$150.76M(+5.4%)
Mar 2022
-
$37.92M(+2.3%)
$142.98M(+5.5%)
Dec 2021
$135.51M
$37.05M(+6.1%)
$135.51M(+6.5%)
Sep 2021
-
$34.93M(+5.6%)
$127.23M(+7.0%)
DateAnnualQuarterlyTTM
Jun 2021
-
$33.08M(+8.7%)
$118.90M(+6.9%)
Mar 2021
-
$30.44M(+5.8%)
$111.22M(+6.7%)
Dec 2020
$104.27M(+18.3%)
$28.78M(+8.2%)
$104.27M(+5.9%)
Sep 2020
-
$26.60M(+4.7%)
$98.43M(+4.3%)
Jun 2020
-
$25.41M(+8.2%)
$94.32M(+4.2%)
Mar 2020
-
$23.48M(+2.4%)
$90.50M(+2.7%)
Dec 2019
$88.14M(+8.2%)
$22.94M(+2.0%)
$88.14M(+2.4%)
Sep 2019
-
$22.49M(+4.2%)
$86.09M(+2.4%)
Jun 2019
-
$21.59M(+2.2%)
$84.10M(+1.4%)
Mar 2019
-
$21.13M(+1.2%)
$82.97M(+34.2%)
Dec 2018
$81.46M(+24.5%)
$20.88M(+1.8%)
$61.84M(+5.6%)
Sep 2018
-
$20.50M(+0.2%)
$58.56M(+6.6%)
Jun 2018
-
$20.46M(+16.3%)
$54.95M(+59.3%)
Dec 2017
$65.44M(+4.6%)
$17.60M(+4.2%)
$34.49M(+104.2%)
Sep 2017
-
$16.89M
$16.89M
Dec 2016
$62.58M
-
-

FAQ

  • What is Upwork Inc. annual cost of goods sold?
  • What is the all time high annual cost of goods sold for Upwork Inc.?
  • What is Upwork Inc. annual cost of goods sold year-on-year change?
  • What is Upwork Inc. quarterly cost of goods sold?
  • What is the all time high quarterly cost of goods sold for Upwork Inc.?
  • What is Upwork Inc. quarterly cost of goods sold year-on-year change?
  • What is Upwork Inc. TTM cost of goods sold?
  • What is the all time high TTM cost of goods sold for Upwork Inc.?
  • What is Upwork Inc. TTM cost of goods sold year-on-year change?

What is Upwork Inc. annual cost of goods sold?

The current annual cost of goods sold of UPWK is $174.09M

What is the all time high annual cost of goods sold for Upwork Inc.?

Upwork Inc. all-time high annual cost of goods sold is $174.09M

What is Upwork Inc. annual cost of goods sold year-on-year change?

Over the past year, UPWK annual cost of goods sold has changed by +$3.64M (+2.14%)

What is Upwork Inc. quarterly cost of goods sold?

The current quarterly cost of goods sold of UPWK is $43.43M

What is the all time high quarterly cost of goods sold for Upwork Inc.?

Upwork Inc. all-time high quarterly cost of goods sold is $45.87M

What is Upwork Inc. quarterly cost of goods sold year-on-year change?

Over the past year, UPWK quarterly cost of goods sold has changed by -$420.00K (-0.96%)

What is Upwork Inc. TTM cost of goods sold?

The current TTM cost of goods sold of UPWK is $171.29M

What is the all time high TTM cost of goods sold for Upwork Inc.?

Upwork Inc. all-time high TTM cost of goods sold is $177.32M

What is Upwork Inc. TTM cost of goods sold year-on-year change?

Over the past year, UPWK TTM cost of goods sold has changed by -$5.90M (-3.33%)
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