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

Upwork's Cash & Equivalents history runs 10 years deep, the most recent figure standing at $328.4 million for 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 was $328.4 million for Q1 2026 at Upwork, up from $294.4 million in the prior quarter.
• In the past five years, Cash & Equivalents ranged from a high of $524.2 million in Q1 2025 to a low of $79.6 million in Q4 2023.
• Historically, Cash & Equivalents has averaged $324.1 million across 5 years, with a median of $328.1 million in 2022.
• The sharpest annual moves came in 2022 and 2024: Cash & Equivalents plunged 57.42% in 2022, then surged 534.84% in 2024.
• A 5-year view of Cash & Equivalents shows it stood at $129.4 million in 2022, then sank by 38.45% to $79.6 million in 2023, then soared by 534.84% to $505.6 million in 2024, then plunged by 41.78% to $294.4 million in 2025, then advanced by 11.57% to $328.4 million in 2026.
• The last three Cash & Equivalents figures came in at $328.4 million (Q1 2026), $294.4 million (Q4 2025), and $260.8 million (Q3 2025), per Business Quant data.