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

Upwork (UPWK) has reported Other Working Capital Changes for 10 consecutive years, with $3.5 million the latest figure, recorded in 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 came in at $3.5 million for Q1 2026 at Upwork, up from $1.9 million in the prior quarter.
• The five-year high for Other Working Capital Changes was $9.2 million in Q2 2024, with the low at -$14.5 million in Q3 2024.
• Average Other Working Capital Changes over 5 years is -$255764.7, with a median of $227000.0 recorded in 2025.
• Across the five-year window, Other Working Capital Changes slumped 439.88% in 2023 and jumped 8784.62% in 2024, its largest moves.
• Year by year, Other Working Capital Changes stood at -$3.7 million in 2022, then jumped by 342.27% to $8.9 million in 2023, then slumped 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.
• According to Business Quant data, Other Working Capital Changes over the past three periods registered $3.5 million, $1.9 million, and $134000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.