Upwork (UPWK) Other Working Capital Changes (2017 - 2026)

Upwork's Other Working Capital Changes history runs 10 years deep, the most recent figure standing at $3.5 million for Q1 2026.

• In Q1 2026, Other Working Capital Changes rose 1433.04% year-over-year to $3.5 million; the TTM figure through Mar 2026 stood at $5.8 million (up 188.93% YoY), while the FY2025 annual figure was $2.6 million, up 123.62% from the prior year.
• Other Working Capital Changes was $3.5 million for Q1 2026 at Upwork, up from $1.9 million in the prior quarter.
• In the past five years, Other Working Capital Changes ranged from a high of $9.2 million in Q2 2024 to a low of -$14.5 million in Q3 2024.
• Historically, Other Working Capital Changes has averaged -$255764.7 across 5 years, with a median of $227000.0 in 2025.
• The sharpest annual moves came in 2023 and 2024: Other Working Capital Changes sank 439.88% in 2023, then jumped 8784.62% in 2024.
• A 5-year view of Other Working Capital Changes shows it stood at -$3.7 million in 2022, then jumped by 342.27% to $8.9 million in 2023, then sank by 117.09% to -$1.5 million in 2024, then surged by 225.78% to $1.9 million in 2025, then jumped by 82.87% to $3.5 million in 2026.
• The last three Other Working Capital Changes figures came in at $3.5 million (Q1 2026), $1.9 million (Q4 2025), and $134000.0 (Q3 2025), per Business Quant data.