Upwork Inc.UPWKNASDAQ
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Cost of Revenue Over TimeStrong
Percentile Rank100
3Y CAGR+2.9%
5Y CAGR+10.9%
Studio
Year-over-Year Change

Direct costs attributable to producing goods sold

3Y CAGR
+2.9%/yr
vs +18.5%/yr prior
5Y CAGR
+10.9%/yr
Recent deceleration
Acceleration
-15.6pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.7x
Solid growth
Streak
9 yr
Consecutive growthStrong
PeriodValueYoY Change
TTM$174.75M+0.4%
2024$174.09M+2.1%
2023$170.45M+6.3%
2022$160.40M+18.4%
2021$135.51M+30.0%
2020$104.27M+18.3%
2019$88.14M+8.2%
2018$81.46M+24.5%
2017$65.44M+4.6%
2016$62.58M-