Upwork, Inc (UPWK) Cash & Equivalents (2017 - 2026)

Upwork (UPWK) has reported Cash & Equivalents for 10 consecutive years, with $328.4 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cash & Equivalents fell 37.35% year-over-year to $328.4 million; the TTM figure through Mar 2026 stood at $328.4 million (down 37.35% YoY), while the FY2025 annual figure was $294.4 million, down 41.78% from the prior year.
• Cash & Equivalents came in at $328.4 million for Q1 2026 at Upwork, up from $294.4 million in the prior quarter.
• The five-year high for Cash & Equivalents was $524.2 million in Q1 2025, with the low at $79.6 million in Q4 2023.
• Average Cash & Equivalents over 5 years is $324.1 million, with a median of $328.1 million recorded in 2022.
• Across the five-year window, Cash & Equivalents sank 57.42% in 2022 and surged 534.84% in 2024, its largest moves.
• Year by year, Cash & Equivalents stood at $129.4 million in 2022, then slumped by 38.45% to $79.6 million in 2023, then soared by 534.84% to $505.6 million in 2024, then sank by 41.78% to $294.4 million in 2025, then increased by 11.57% to $328.4 million in 2026.
• According to Business Quant data, Cash & Equivalents over the past three periods registered $328.4 million, $294.4 million, and $260.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.