Growth Metrics

Upwork (UPWK) Cash from Investing Activities (2017 - 2026)

Upwork has reported Cash from Investing Activities over the past 9 years, most recently at $1.2 million for Q4 2025.

  • For Q4 2025, Cash from Investing Activities rose 105.85% year-over-year to $1.2 million; the TTM value through Dec 2025 reached -$136.9 million, down 199.54%, while the annual FY2025 figure was -$136.9 million, 199.54% down from the prior year.
  • Cash from Investing Activities for Q4 2025 was $1.2 million at Upwork, up from -$81.5 million in the prior quarter.
  • Over five years, Cash from Investing Activities peaked at $152.1 million in Q1 2023 and troughed at -$402.9 million in Q4 2021.
  • A 5-year average of -$20.5 million and a median of -$2.0 million in 2025 define the central range for Cash from Investing Activities.
  • On a YoY basis, Cash from Investing Activities climbed as much as 454.37% in 2021 and fell as far as 97713.79% in 2021.
  • Year by year, Cash from Investing Activities stood at -$402.9 million in 2021, then soared by 90.81% to -$37.0 million in 2022, then crashed by 71.28% to -$63.4 million in 2023, then skyrocketed by 66.83% to -$21.0 million in 2024, then surged by 105.85% to $1.2 million in 2025.
  • Business Quant data shows Cash from Investing Activities for UPWK at $1.2 million in Q4 2025, -$81.5 million in Q3 2025, and -$51.4 million in Q2 2025.