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

Upwork (UPWK) Change in Cash (2017 - 2026)

Upwork (UPWK) posted quarterly Change in Cash of $57.0 million for Q1 2026, up 206.36% year-over-year from $18.6 million in Q1 2025, and up 1866.76% quarter-over-quarter from $2.9 million in Q4 2025.

Analysis

Upwork (UPWK) Change in Cash (2017 - 2026) Analysis & Trends

Upwork's Change in Cash history runs 10 years deep, the most recent figure standing at $57.0 million for Q1 2026.

  • In Q1 2026, Change in Cash rose 206.36% year-over-year to $57.0 million; the TTM figure through Mar 2026 stood at $11.7 million (down 95.7% YoY), while the FY2025 annual figure was -$26.7 million, down 112.76% from the prior year.
  • Change in Cash for Q1 2026 stood at $57.0 million, up from $2.9 million in the prior quarter.
  • The five-year high for Change in Cash was $153.9 million in Q2 2024, with the low at -$44.4 million in Q1 2024.
  • The 5-year median for Change in Cash is -$1.3 million (2024), against an average of $10.8 million.
  • Peak annual rise in Change in Cash reached 1550.56% in 2024, while the deepest fall reached 416.8% in 2024.
  • Upwork's Change in Cash stood at -$35.4 million in 2022, then advanced by 7.56% to -$32.8 million in 2023, then jumped by 96.12% to -$1.3 million in 2024, then jumped by 327.57% to $2.9 million in 2025, then soared by 1866.76% to $57.0 million in 2026.
  • Business Quant data shows UPWK's Change in Cash at $57.0 million in Q1 2026, $2.9 million in Q4 2025, and -$30.9 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Cash (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 17.85 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn -1.83 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 720.66 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn -
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 112.49 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 797.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 44.40 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn -439.52 Mn
10 Upwork 1.12 Bn 501.02 Mn 146.37 Mn 137.22 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 137.22 Mn
Mar 31, 2026 56.98 Mn
Dec 31, 2025 2.90 Mn
Sep 30, 2025 -30.89 Mn
Jun 30, 2025 -17.29 Mn
Mar 31, 2025 18.60 Mn
Dec 31, 2024 -1.27 Mn
Sep 30, 2024 101.02 Mn
Jun 30, 2024 153.86 Mn
Mar 31, 2024 -44.42 Mn
Dec 31, 2023 -32.77 Mn
Sep 30, 2023 -6.96 Mn
Jun 30, 2023 49.52 Mn
Mar 31, 2023 -8.60 Mn
Dec 31, 2022 -35.45 Mn
Sep 30, 2022 2.57 Mn
Jun 30, 2022 6.51 Mn
Mar 31, 2022 -30.47 Mn
Dec 31, 2021 -424.55 Mn
Sep 30, 2021 476.44 Mn