Growth Metrics

Upwork (UPWK) Change in Cash (2017 - 2025)

Upwork has reported Change in Cash over the past 9 years, most recently at $2.9 million for Q4 2025.

  • Quarterly results put Change in Cash at $2.9 million for Q4 2025, up 327.57% from a year ago — trailing twelve months through Dec 2025 was -$26.7 million (down 112.76% YoY), and the annual figure for FY2025 was -$26.7 million, down 112.76%.
  • Change in Cash for Q4 2025 was $2.9 million at Upwork, up from -$30.9 million in the prior quarter.
  • Over the last five years, Change in Cash for UPWK hit a ceiling of $476.4 million in Q3 2021 and a floor of -$424.6 million in Q4 2021.
  • Median Change in Cash over the past 5 years was $650500.0 (2022), compared with a mean of $12.3 million.
  • Peak annual rise in Change in Cash hit 4369.82% in 2021, while the deepest fall reached 3428.24% in 2021.
  • Upwork's Change in Cash stood at -$424.6 million in 2021, then surged by 91.65% to -$35.4 million in 2022, then grew by 7.56% to -$32.8 million in 2023, then soared by 96.12% to -$1.3 million in 2024, then soared by 327.57% to $2.9 million in 2025.
  • The last three reported values for Change in Cash were $2.9 million (Q4 2025), -$30.9 million (Q3 2025), and -$17.3 million (Q2 2025) per Business Quant data.