Upwork UPWK
NASDAQ UPWK
$9.03 +0.01 (+0.17%)
As of: Aug 31, 2026 · 3:59 PM EDT

Upwork (UPWK) Capital Expenditures (2017 - 2026)

Upwork (UPWK) posted quarterly Capital Expenditures of $1.7 million for Q1 2026, down 53.47% year-over-year from $3.7 million in Q1 2025, and up 3290.74% quarter-over-quarter from -$54000.0 in Q4 2025.

Analysis

Upwork (UPWK) Capital Expenditures (2017 - 2026) Analysis & Trends

Upwork's Capital Expenditures history runs 10 years deep, the most recent figure standing at $1.7 million for Q1 2026.

  • In Q1 2026, Capital Expenditures fell 53.47% year-over-year to $1.7 million; the TTM figure through Mar 2026 stood at -$2.0 million (down 128.07% YoY), while the FY2024 annual figure was $3.5 million, up 409.83% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $1.7 million, up from -$54000.0 in the prior quarter.
  • The five-year high for Capital Expenditures was $8.5 million in Q3 2024, with the low at -$5.5 million in Q3 2023.
  • The 5-year median for Capital Expenditures is $177000.0 (2024), against an average of $349588.2.
  • The sharpest annual moves came in 2024 and 2025: Capital Expenditures sank 3885.07% in 2024, then soared 2049.15% in 2025.
  • Upwork's Capital Expenditures stood at -$5.2 million in 2022, then surged by 102.6% to $134000.0 in 2023, then tumbled by 3885.07% to -$5.1 million in 2024, then jumped by 98.94% to -$54000.0 in 2025, then soared by 3290.74% to $1.7 million in 2026.
  • Business Quant data shows UPWK's Capital Expenditures at $1.7 million in Q1 2026, -$54000.0 in Q4 2025, and -$4.8 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 44.92 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 30.12 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn -23.25 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn -5.66 Bn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 1.13 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 22.95 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 17.31 Mn
10 Upwork 1.12 Bn 501.02 Mn 146.37 Mn 9.32 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 9.32 Mn
Jun 30, 2026 9.32 Mn
Mar 31, 2026 8.39 Mn
Mar 31, 2026 8.39 Mn
Dec 31, 2025 5.97 Mn
Dec 31, 2025 5.97 Mn
Sep 30, 2025 5.17 Mn
Sep 30, 2025 5.17 Mn
Jun 30, 2025 4.51 Mn
Jun 30, 2025 4.51 Mn
Mar 31, 2025 3.70 Mn
Mar 31, 2025 3.70 Mn
Dec 31, 2024 2.32 Mn
Dec 31, 2024 2.32 Mn
Sep 30, 2024 2.96 Mn
Sep 30, 2024 2.96 Mn
Jun 30, 2024 3.15 Mn
Jun 30, 2024 3.15 Mn
Mar 31, 2024 2.49 Mn
Mar 31, 2024 2.49 Mn