Upwork (UPWK) Net Cash Flow (2017 - 2026)

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

• In Q1 2026, Net Cash Flow 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.
• Net Cash Flow was $57.0 million for Q1 2026 at Upwork, up from $2.9 million in the prior quarter.
• In the past five years, Net Cash Flow ranged from a high of $153.9 million in Q2 2024 to a low of -$44.4 million in Q1 2024.
• Historically, Net Cash Flow has averaged $10.8 million across 5 years, with a median of -$1.3 million in 2024.
• Biggest YoY gain for Net Cash Flow was 1550.56% in 2024; the steepest drop was 416.8% in 2024.
• A 5-year view of Net Cash Flow shows it stood at -$35.4 million in 2022, then advanced by 7.56% to -$32.8 million in 2023, then surged by 96.12% to -$1.3 million in 2024, then surged by 327.57% to $2.9 million in 2025, then jumped by 1866.76% to $57.0 million in 2026.
• The last three Net Cash Flow figures came in at $57.0 million (Q1 2026), $2.9 million (Q4 2025), and -$30.9 million (Q3 2025), per Business Quant data.