Upwork (UPWK) Property, Plant & Equipment (Net) (2017 - 2026)
Upwork's Property, Plant & Equipment (Net) was $58.61 million in Q2 2026, up 53.8% from $38.11 million a year earlier and up 18.9% from the prior quarter.
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Analysis
Upwork (UPWK) Property, Plant & Equipment (Net) (2017 - 2026) Analysis & Trends
At the end of FY2025, Property, Plant & Equipment (Net) at Upwork came in at $44.42 million, up 47.8% from FY2024.
- Property, Plant & Equipment (Net) has now increased for four consecutive years, with a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- In earlier years, Property, Plant & Equipment (Net) was $30.06 million in FY2024 (+10.7%), $27.14 million in FY2023 (+23.0%), $22.06 million in FY2022 (+3.4%) and $21.33 million in FY2021 (-24.2%).
- The Q2 2026 figure marks the highest quarterly Property, Plant & Equipment (Net) in data going back to Q4 2017.
- Compared with a year earlier, Property, Plant & Equipment (Net) has increased for 15 straight quarters, with growth averaging 33.1% over the last eight quarters.
- The best year-over-year quarter for Property, Plant & Equipment (Net) over five years was Q2 2026 (growth of 53.8%); the worst was Q1 2022 (a decline of 24.9%).
- Per Business Quant data, UPWK's Property, Plant & Equipment (Net) in the three quarters before Q2 2026 was $49.28 million (Q1 2026), $44.42 million (Q4 2025) and $40.37 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 321.21 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 225.72 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 2.40 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 46.06 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 53.00 Mn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 1.81 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 767.00 Mn |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 700.00 Mn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 224.34 Mn |
| 10 | Upwork | 1.00 Bn | -1.51 Bn | 146.37 Mn | 58.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.61 Mn |
| Mar 31, 2026 | 49.28 Mn |
| Dec 31, 2025 | 44.42 Mn |
| Sep 30, 2025 | 40.37 Mn |
| Jun 30, 2025 | 38.11 Mn |
| Mar 31, 2025 | 34.93 Mn |
| Dec 31, 2024 | 30.06 Mn |
| Sep 30, 2024 | 29.88 Mn |
| Jun 30, 2024 | 28.15 Mn |
| Mar 31, 2024 | 27.13 Mn |
| Dec 31, 2023 | 27.14 Mn |
| Sep 30, 2023 | 26.66 Mn |
| Jun 30, 2023 | 24.87 Mn |
| Mar 31, 2023 | 23.10 Mn |
| Dec 31, 2022 | 22.06 Mn |
| Sep 30, 2022 | 21.49 Mn |
| Jun 30, 2022 | 20.82 Mn |
| Mar 31, 2022 | 20.93 Mn |
| Dec 31, 2021 | 21.33 Mn |
| Sep 30, 2021 | 22.34 Mn |
API Access
Upwork Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "UPWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();