Upwork Inc. (UPWK) Interest Expense
The interest expense for Upwork Inc. (UPWK) is $700,000 with a year-over-year change of -74.07%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
UPWK Interest Expense Chart
Current Interest Expense
$700,000
$700,000
Year-over-Year Change
-74.07%
vs. $2.70M prior year
Historical Data
10
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $700,000 | $-2.00M | -74.07% |
| 2024 | $2.70M | +$2.70M | — |
| 2023 | $0 | $-4.48M | -100.00% |
| 2022 | $4.48M | +$2.30M | +105.64% |
| 2021 | $2.18M | +$1.40M | +180.21% |
| 2020 | $778,000 | $-528,000 | -40.43% |
| 2019 | $1.31M | $-732,000 | -35.92% |
| 2018 | $2.04M | +$1.08M | +112.29% |
| 2017 | $960,000 | +$102,000 | +11.89% |
| 2016 | $858,000 | — | — |
About Upwork Inc.
Upwork Inc., operating alongside its subsidiaries, provides a leading online work marketplace that connects businesses globally with independent professionals and agencies, spanning the United States, India, the Philippines, and other international markets. The platform grants clients access to a vast and diverse pool of talent, covering a wide array of specializations. These include key areas like sales and marketing, customer service, data science and analytics, creative design, and various aspects of web, mobile, and software development. Beyond talent acquisition, the marketplace also streamlines key operational workflows for businesses, such as sourcing candidates, managing outreach, and facilitating contract agreements. To support effective remote collaborations, Upwork offers a suite of functionalities, including robust communication and collaboration tools, simplified invoicing directly through the platform, and comprehensive payment protection. Upwork's marketplace offerings encompass various service tiers, such as Upwork Basic, Plus, Enterprise, and Payroll solutions, alongside managed and internet escrow agency services. Originally incorporated in 2013 and initially known as Elance-oDesk, Inc., the company rebranded to Upwork Inc. in May 2015. It maintains its headquarters in San Francisco, California.
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- CEO
- Hayden Brown