Upwork (UPWK) Other Working Capital Changes (2017 - 2026)
Upwork (UPWK) reported Other Working Capital Changes of $2.16 million for Q2 2026, compared with $40,000 a year earlier and down 38.1% from the prior quarter.
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Analysis
Upwork (UPWK) Other Working Capital Changes (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Upwork's Other Working Capital Changes came in at $4.87 million; for FY2025, it was $2.57 million.
- Other Working Capital Changes has a five-year compound annual growth rate of 16.5% (FY2020 to FY2025).
- By year, Other Working Capital Changes came in at -$10.88 million in FY2024, -$14.54 million in FY2023, $4.26 million in FY2022 (-42.9%) and $7.45 million in FY2021 (+522.2%).
- Five-year quarterly Other Working Capital Changes spans a low of -$5.54 million in Q4 2023 and a high of $3.48 million in Q1 2026.
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.48 million (Q1 2026), $1.9 million (Q4 2025) and -$2.67 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn |
| 10 | Upwork | 1.01 Bn | -1.50 Bn | 146.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.16 Mn |
| Mar 31, 2026 | 3.48 Mn |
| Dec 31, 2025 | 1.90 Mn |
| Sep 30, 2025 | -2.67 Mn |
| Jun 30, 2025 | 40,000.00 |
| Mar 31, 2025 | 3.30 Mn |
| Dec 31, 2024 | -1.51 Mn |
| Sep 30, 2024 | -1.99 Mn |
| Jun 30, 2024 | -3.27 Mn |
| Mar 31, 2024 | -4.11 Mn |
| Dec 31, 2023 | -5.54 Mn |
| Sep 30, 2023 | -5.51 Mn |
| Jun 30, 2023 | -4.85 Mn |
| Mar 31, 2023 | 1.36 Mn |
| Dec 31, 2022 | -28,000.00 |
| Sep 30, 2022 | 2.01 Mn |
| Jun 30, 2022 | 615,000.00 |
| Mar 31, 2022 | 1.66 Mn |
| Dec 31, 2021 | 2.33 Mn |
| Sep 30, 2021 | 1.67 Mn |
API Access
Upwork Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "UPWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();