Company / SG&A Expense
Upwork, Inc. SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$146.6M
FY2025
5-year range
$67.3M / $146.6M
FY2021-FY2025
Trend
+13.8%
vs FY2024
Sector context
#248 of 311
Industrials
What the data says
Upwork, Inc.'s sg&a expense of $147M is lower than 80% of companies in the Industrials sector (FY2025). SG&A Expense has increased for 7 consecutive years, from $35M in FY2018 to $147M in FY2025.
Based on SEC 10-K filings.
$147M in FY2025 with a 5-year CAGR of +24.3%.
Increased from $119M to $147M over the past 2 years.
Industrials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +27.0%
- 5-Year CAGR
- +24.3%
- 10-Year CAGR
- -
Sector benchmark
Top 20% in IndustrialsTop 20% of 311This company $146.6M Sector average $849.8M
▼
-82.7% below sector average
Key checks
Key Insights
- Upwork, Inc.'s sg&a expense has grown for 7 consecutive years.
- 5-year CAGR of +24.3%, indicating consistent growth.
- In FY2025, sg&a expense increased 13.8% year-over-year.
- Ranks #248 out of 311 companies in the Industrials sector.
Company context
Key Data Points
- Strong profit margin: 28.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $146.6M | +13.8% |
| FY2024 | $128.8M | +8.3% |
| FY2023 | $118.9M | +66.3% |
| FY2022 | $71.5M | +6.2% |
| FY2021 | $67.3M | +36.5% |
| FY2020 | $49.3M | +32.1% |
| FY2019 | $37.3M | +5.3% |
| FY2018 | $35.4M | -5.1% |
| FY2017 | $37.3M | +5.3% |
| FY2016 | $35.4M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026