Growth Metrics

Upwork (UPWK) Capital Expenditures (2017 - 2025)

Upwork has reported Capital Expenditures over the past 9 years, most recently at -$54000.0 for Q4 2025.

  • Quarterly results put Capital Expenditures at -$54000.0 for Q4 2025, down 100.6% from a year ago — trailing twelve months through Sep 2025 was $9.0 million (down 36.14% YoY), and the annual figure for FY2024 was $10.9 million, down 13.77%.
  • Capital Expenditures for Q4 2025 was -$54000.0 at Upwork, up from -$4.8 million in the prior quarter.
  • Over the last five years, Capital Expenditures for UPWK hit a ceiling of $12.1 million in Q4 2023 and a floor of -$4.8 million in Q3 2025.
  • Median Capital Expenditures over the past 5 years was $300000.0 (2023), compared with a mean of $1.8 million.
  • Biggest five-year swings in Capital Expenditures: tumbled 3729.03% in 2022 and later soared 2049.15% in 2025.
  • Upwork's Capital Expenditures stood at $4.5 million in 2021, then surged by 62.33% to $7.4 million in 2022, then skyrocketed by 64.01% to $12.1 million in 2023, then decreased by 26.15% to $8.9 million in 2024, then tumbled by 100.6% to -$54000.0 in 2025.
  • The last three reported values for Capital Expenditures were -$54000.0 (Q4 2025), -$4.8 million (Q3 2025), and $1.2 million (Q2 2025) per Business Quant data.