Upwork's Cash & Equivalents fell 372.88% to $294.4 million in Q4 2025 from the same period last year, while for Dec 2025 it was $294.4 million, marking a year-over-year decrease of 372.88%. This contributed to the annual value of $294.4 million for FY2025, which is 372.88% down from last year.
As of Q4 2025, Upwork's Cash & Equivalents stood at $294.4 million, which was down 372.88% from $260.8 million recorded in Q3 2025.
In the past 5 years, Upwork's Cash & Equivalents registered a high of $776.6 million during Q3 2021, and its lowest value of $79.6 million during Q4 2023.
For the 5-year period, Upwork's Cash & Equivalents averaged around $314.8 million, with its median value being $302.3 million (2021).
Per our database at Business Quant, Upwork's Cash & Equivalents crashed by 5742.01% in 2022 and then soared by 28391.91% in 2024.
Quarter analysis of 5 years shows Upwork's Cash & Equivalents stood at $187.2 million in 2021, then plummeted by 30.89% to $129.4 million in 2022, then tumbled by 38.45% to $79.6 million in 2023, then surged by 283.92% to $305.8 million in 2024, then fell by 3.73% to $294.4 million in 2025.
Its Cash & Equivalents was $294.4 million in Q4 2025, compared to $260.8 million in Q3 2025 and $291.1 million in Q2 2025.

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