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Upwork (BSP:U2PW34) Research & Development : R$1,152 Mil (TTM As of Dec. 2024)


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What is Upwork Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Upwork's Research & Development for the three months ended in Dec. 2024 was R$326 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was R$1,152 Mil.

Upwork Research & Development Historical Data

The historical data trend for Upwork's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Upwork Research & Development Chart

Upwork Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial Premium Member Only 429.43 673.40 810.69 869.04 1,276.84

Upwork Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 226.45 263.51 282.58 279.17 326.35

Upwork Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,152 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Upwork  (BSP:U2PW34) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Upwork Research & Development Related Terms

Thank you for viewing the detailed overview of Upwork's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Upwork Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Upwork Inc (BSP:U2PW34) » Definitions » Research & Development
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Traded in Other Exchanges
UPWK:USA UPWK:Mexico UP2:Germany
Address
530 Lytton Avenue, Suite 301, Palo Alto, CA, USA, 94301
Website
https://www.upwork.com
Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes. Its products offering include Upwork Basic, Upwork Plus, Upwork Business, Upwork Enterprise, and Upwork Payroll. The business generates revenue from Talent and Clients across the USA, India, the Philippines and the rest of the world. Substantial income is derived from providing services to clients.

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