Upwork (UPWK) Property, Plant & Equipment (Net) (2017 - 2026)
Upwork's Property, Plant & Equipment (Net) was $61.63 million in Q3 2026, up 52.6% from $40.37 million a year earlier and up 5.2% from the prior quarter.
Powered by 
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 Q3 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 16 straight quarters, with growth averaging 38.2% 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 Q3 2026 was $58.61 million (Q2 2026), $49.28 million (Q1 2026) and $44.42 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 372.83 Bn |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 253.22 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 2.56 Bn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | 46.06 Bn |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | 50.00 Mn |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 1.82 Bn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 113.34 Mn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | 215.48 Mn |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 748.00 Mn |
| 10 | Upwork | 1.22 Bn | -951.96 Mn | 141.30 Mn | 61.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 61.63 Mn |
| 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 |
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();