Upwork (UPWK) Cash from Investing Activities (2017 - 2026)
Upwork (UPWK) recorded Cash from Investing Activities of $49.55 million in Q3 2026, compared with -$81.5 million a year earlier and down 51.9% from the prior quarter.
Upwork (UPWK) Cash from Investing Activities (2017 - 2026) Analysis & Trends
On a TTM basis, Upwork's Cash from Investing Activities came in at $271.94 million as of Sep 30, 2026; for FY2025, it came in at -$136.94 million.
- Across earlier years, Cash from Investing Activities came in at $137.57 million in FY2024 (+55.8%), $88.27 million in FY2023, -$69.47 million in FY2022 and -$428.98 million in FY2021.
- Quarterly Cash from Investing Activities has ranged from -$402.87 million in Q4 2021 to $152.14 million in Q1 2023 over the past five years.
- Per Business Quant, the preceding three quarters came in at $102.95 million (Q2 2026), $118.21 million (Q1 2026) and $1.23 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Investing (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | -71.35 Bn |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | -30.98 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | -331.31 Mn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | -2.80 Bn |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | -60.00 Mn |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 73.00 Mn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | -17.69 Mn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | -407.25 Mn |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | -70.00 Mn |
| 10 | Upwork | 1.22 Bn | -951.96 Mn | 141.30 Mn | 49.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 49.55 Mn |
| Jun 30, 2026 | 102.95 Mn |
| Mar 31, 2026 | 118.21 Mn |
| Dec 31, 2025 | 1.23 Mn |
| Sep 30, 2025 | -81.50 Mn |
| Jun 30, 2025 | -51.45 Mn |
| Mar 31, 2025 | -5.22 Mn |
| Dec 31, 2024 | -21.04 Mn |
| Sep 30, 2024 | 2.08 Mn |
| Jun 30, 2024 | 150.39 Mn |
| Mar 31, 2024 | 6.14 Mn |
| Dec 31, 2023 | -63.44 Mn |
| Sep 30, 2023 | -45.24 Mn |
| Jun 30, 2023 | 44.81 Mn |
| Mar 31, 2023 | 152.14 Mn |
| Dec 31, 2022 | -37.04 Mn |
| Sep 30, 2022 | 10.74 Mn |
| Jun 30, 2022 | 11.87 Mn |
| Mar 31, 2022 | -55.04 Mn |
| Dec 31, 2021 | -402.87 Mn |
Upwork Cash from Investing Activities 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-from-investing-activities&ticker=UPWK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-investing-activities", "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-from-investing-activities&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();