Upwork Inc. UPWK Payments to Develop Software
Payments to Develop Software at other companies
Other financials
Where this comes from
Reported directly by Upwork Inc. in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToDevelopSoftware.
The official record: Upwork Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Upwork Inc.'s payments to develop software?
- Upwork Inc. (UPWK) reported payments to develop software of $8.39M in Q1 2026.
- How has Upwork Inc.'s payments to develop software changed year-over-year?
- Upwork Inc.'s payments to develop software increased by 126.6% year-over-year, from $3.7M to $8.39M.
- What is the long-term trend for Upwork Inc.'s payments to develop software?
- Over 4 years (2021 to 2025), Upwork Inc.'s payments to develop software has grown at a 39.5% compound annual growth rate (CAGR), from $5.11M to $19.35M.
- What does payments to develop software mean?
- This represents the cash outflows dedicated to the internal development or enhancement of software platforms and proprietary technology. It reflects the company's investment in long-term intangible assets intended to drive future revenue growth and operational efficiency. High levels of this expenditure indicate a commitment to product innovation and maintaining a competitive technological edge.