Growth Metrics

Upwork (UPWK) Capital Expenditures (2017 - 2026)

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

  • For Q4 2025, Capital Expenditures fell 100.6% year-over-year to -$54000.0; the TTM value through Sep 2025 reached $9.0 million, down 36.14%, while the annual FY2024 figure was $10.9 million, 13.77% down from the prior year.
  • Capital Expenditures for Q4 2025 was -$54000.0 at Upwork, up from -$4.8 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $12.1 million in Q4 2023 and troughed at -$4.8 million in Q3 2025.
  • A 5-year average of $1.8 million and a median of $300000.0 in 2023 define the central range for Capital Expenditures.
  • Biggest five-year swings in Capital Expenditures: crashed 3729.03% in 2022 and later skyrocketed 2049.15% in 2025.
  • Year by year, Capital Expenditures stood at $4.5 million in 2021, then soared by 62.33% to $7.4 million in 2022, then surged by 64.01% to $12.1 million in 2023, then fell by 26.15% to $8.9 million in 2024, then crashed by 100.6% to -$54000.0 in 2025.
  • Business Quant data shows Capital Expenditures for UPWK at -$54000.0 in Q4 2025, -$4.8 million in Q3 2025, and $1.2 million in Q2 2025.