Upwork Inc.UPWKNASDAQ
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R&D Expenses Over TimeStrong
Percentile Rank89
3Y CAGR+7.0%
5Y CAGR+17.8%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+7.0%/yr
vs +29.2%/yr prior
5Y CAGR
+17.8%/yr
Recent deceleration
Acceleration
-22.2pp
Decelerating
Percentile
P89
Within normal range
vs 5Y Ago
2.3x
Strong expansion
Streak
1 yr
Consecutive declineStrong
PeriodValueYoY Change
TTM$189.34M-9.5%
2024$209.28M+18.0%
2023$177.36M+14.8%
2022$154.55M+29.8%
2021$119.08M+42.7%
2020$83.47M+30.4%
2019$64.03M+15.4%
2018$55.49M+21.7%
2017$45.60M+20.3%
2016$37.90M-