Upwork (UPWK) Cash & Current Investments (2017 - 2026)
Upwork's Cash & Current Investments was $614.24 million in Q2 2026, down 27.8% from $850.41 million a year earlier but up 6.0% from the prior quarter.
Powered by 
Analysis
Upwork (UPWK) Cash & Current Investments (2017 - 2026) Analysis & Trends
At the end of FY2025, Cash & Current Investments at Upwork came in at $672.78 million, down 18.1% from FY2024.
- Cash & Current Investments shows a five-year compound annual growth rate of 16.9% (FY2020 to FY2025).
- In earlier years, Cash & Current Investments was $821.94 million in FY2024 (+49.4%), $550.1 million in FY2023 (-19.9%), $686.61 million in FY2022 (+0.3%) and $684.77 million in FY2021 (+122.3%).
- Quarterly Cash & Current Investments has moved between $550.1 million (Q4 2023) and $873.37 million (Q1 2022) over five years.
- Compared with a year earlier, Cash & Current Investments has declined for four straight quarters, with an average decline of 0.4% over the last eight quarters.
- The best year-over-year quarter for Cash & Current Investments over five years was Q3 2021 (growth of 204.6%); the worst was Q1 2026 (a decline of 31.1%).
- Per Business Quant data, UPWK's Cash & Current Investments in the three quarters before Q2 2026 was $579.73 million (Q1 2026), $672.78 million (Q4 2025) and $643.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 242.47 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 90.26 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 9.13 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 43.70 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 4.95 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 5.39 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 17.21 Bn |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 67.03 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 10.91 Bn |
| 10 | Upwork | 1.00 Bn | -1.51 Bn | 146.37 Mn | 614.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 614.24 Mn |
| Mar 31, 2026 | 579.73 Mn |
| Dec 31, 2025 | 672.78 Mn |
| Sep 30, 2025 | 643.10 Mn |
| Jun 30, 2025 | 850.41 Mn |
| Mar 31, 2025 | 841.81 Mn |
| Dec 31, 2024 | 821.94 Mn |
| Sep 30, 2024 | 819.59 Mn |
| Jun 30, 2024 | 720.79 Mn |
| Mar 31, 2024 | 717.93 Mn |
| Dec 31, 2023 | 550.10 Mn |
| Sep 30, 2023 | 737.60 Mn |
| Jun 30, 2023 | 698.71 Mn |
| Mar 31, 2023 | 694.28 Mn |
| Dec 31, 2022 | 686.61 Mn |
| Sep 30, 2022 | 850.06 Mn |
| Jun 30, 2022 | 860.36 Mn |
| Mar 31, 2022 | 873.37 Mn |
| Dec 31, 2021 | 684.77 Mn |
| Sep 30, 2021 | 873.37 Mn |
API Access
Upwork Cash & Current Investments 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=cash-and-current-investments&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-current-investments", "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=cash-and-current-investments&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();