Upwork UPWK
NASDAQ UPWK
$9.03 +0.01 (+0.17%)
As of: Aug 31, 2026 · 3:59 PM EDT

Upwork (UPWK) Cash from Operations (2017 - 2026)

Upwork (UPWK) posted quarterly Cash from Operations of 23019000.0 for Q1 2026, down 37.73% year-over-year from 36965000.0 in Q1 2025, and down 63.86% quarter-over-quarter from 63701000.0 in Q4 2025.

Analysis

Upwork (UPWK) Cash from Operations (2017 - 2026) Analysis & Trends

Upwork's Cash from Operations history runs 10 years deep, the most recent figure standing at 23019000.0 for Q1 2026.

  • In Q1 2026, Cash from Operations fell 37.73% year-over-year to 23019000.0; the TTM figure through Mar 2026 stood at 234313000.0 (up 33.35% YoY), while the FY2025 annual figure was 248259000.0, up 61.67% from the prior year.
  • Cash from Operations for Q1 2026 stood at 23019000.0, down from 63701000.0 in the prior quarter.
  • The five-year high for Cash from Operations was 75079000.0 in Q3 2025, with the low at 11476000.0 in Q1 2022.
  • The 5-year median for Cash from Operations is 23019000.0 (2026), against an average of 28767411.76.
  • The sharpest annual moves came in 2022 and 2023: Cash from Operations tumbled 711.73% in 2022, then surged 1066.14% in 2023.
  • Upwork's Cash from Operations stood at 13393000.0 in 2022, then soared by 50.44% to 20148000.0 in 2023, then surged by 91.49% to 38582000.0 in 2024, then soared by 65.11% to 63701000.0 in 2025, then tumbled by 63.86% to 23019000.0 in 2026.
  • Business Quant data shows UPWK's Cash from Operations at 23019000.0 in Q1 2026, 63701000.0 in Q4 2025, and 75079000.0 in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Ops. (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 39.07 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 31.86 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 948.49 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 2.25 Bn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 261.88 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn 422.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 292.89 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 369.84 Mn
10 Upwork 1.12 Bn 501.02 Mn 146.37 Mn 46.87 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 46.87 Mn
Jun 30, 2026 46.87 Mn
Mar 31, 2026 23.02 Mn
Mar 31, 2026 23.02 Mn
Dec 31, 2025 63.70 Mn
Dec 31, 2025 63.70 Mn
Sep 30, 2025 75.08 Mn
Sep 30, 2025 75.08 Mn
Jun 30, 2025 72.51 Mn
Jun 30, 2025 72.51 Mn
Mar 31, 2025 36.97 Mn
Mar 31, 2025 36.97 Mn
Dec 31, 2024 38.58 Mn
Dec 31, 2024 38.58 Mn
Sep 30, 2024 60.96 Mn
Sep 30, 2024 60.96 Mn
Jun 30, 2024 39.20 Mn
Jun 30, 2024 39.20 Mn
Mar 31, 2024 14.81 Mn
Mar 31, 2024 14.81 Mn