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 | 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 | 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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |