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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,178.85 Bn | 3,749.81 Bn | 73.85 Bn | 44.92 Bn |
| 2 | Meta Platforms | 1,530.61 Bn | 1,440.35 Bn | 49.47 Bn | 30.12 Bn |
| 3 | Taboola.com | 1,136.28 Bn | 1,136.15 Bn | 139.48 Mn | - |
| 4 | Baidu | 288.32 Bn | 283.82 Bn | 1.88 Mn | -857.00 Mn |
| 5 | Spotify Technology | 103.08 Bn | 92.84 Bn | 1.75 Bn | -5.85 Mn |
| 6 | Joyy | 77.33 Bn | 76.44 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.08 Bn | 39.45 Bn | 295.20 Mn | -2.47 Bn |
| 9 | 30.08 Bn | 27.29 Bn | 734.60 Mn | 1.13 Mn | |
| 10 | Upwork | 1.08 Bn | 498.36 Mn | 150.84 Mn | 1.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.72 Mn |
| Mar 31, 2026 | 1.72 Mn |
| Dec 31, 2025 | -54,000.00 |
| Dec 31, 2025 | -54,000.00 |
| Sep 30, 2025 | -4.80 Mn |
| Sep 30, 2025 | -4.80 Mn |
| Jun 30, 2025 | 1.15 Mn |
| Jun 30, 2025 | 1.15 Mn |
| Mar 31, 2025 | 3.70 Mn |
| Mar 31, 2025 | 3.70 Mn |
| Dec 31, 2024 | -5.07 Mn |
| Dec 31, 2024 | -5.07 Mn |
| Sep 30, 2024 | 8.48 Mn |
| Sep 30, 2024 | 8.48 Mn |
| Jun 30, 2024 | -59,000.00 |
| Jun 30, 2024 | -59,000.00 |
| Mar 31, 2024 | 177,000.00 |
| Mar 31, 2024 | 177,000.00 |
| Dec 31, 2023 | 134,000.00 |
| Dec 31, 2023 | 134,000.00 |