Upwork Inc. (UPWK)
NASDAQ: UPWK · Real-Time Price · USD
8.86
+0.12 (1.37%)
Jun 5, 2026, 12:33 PM EDT - Market open
Upwork Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 109.16 | 115.43 | 215.59 | 46.89 | -89.89 | -56.24 |
Depreciation & Amortization | 29.95 | 25.71 | 14.81 | 9.45 | 8.06 | 10.26 |
Stock-Based Compensation | 68.54 | 65.39 | 68.39 | 74.2 | 75.5 | 53.59 |
Other Adjustments | 20.6 | 20.33 | -130.24 | -38.59 | 28.61 | 19.69 |
Change in Receivables | -0.53 | -3.28 | -4.8 | -22.18 | -15.29 | -24.61 |
Changes in Accounts Payable | 3.95 | -1.16 | 0.97 | -2.51 | 2.58 | -1.45 |
Changes in Accrued Expenses | 5.38 | 27.74 | 4.73 | 5.75 | 3.69 | 10.25 |
Changes in Unearned Revenue | 0.7 | 0.49 | -10.88 | -14.54 | 4.26 | 7.45 |
Changes in Other Operating Activities | -3.42 | -2.38 | -5.01 | -5.76 | -6.02 | -8.12 |
Operating Cash Flow | 234.31 | 248.26 | 153.56 | 52.71 | 11.5 | 10.84 |
Operating Cash Flow Growth | 60.91% | 61.67% | 191.35% | 358.45% | 6.10% | -51.55% |
Capital Expenditures | -5.04 | -5.79 | -3.53 | -0.69 | -1.25 | -1.03 |
Purchases of Intangible Assets | -24.04 | -19.35 | -10.92 | -15.66 | -7.49 | -5.11 |
Purchases of Investments | -434.47 | -485.18 | -362.32 | -709.21 | -581.89 | -525.34 |
Proceeds from Sale of Investments | 508.45 | 431.78 | 528.67 | 813.84 | 521.15 | 102.5 |
Payments for Business Acquisitions | -58.41 | -58.41 | -14.33 | - | - | - |
Investing Cash Flow | -13.5 | -136.94 | 137.57 | 88.27 | -69.47 | -428.98 |
Long-Term Debt Issued | - | - | - | - | - | 575 |
Long-Term Debt Repaid | - | - | - | -171.33 | - | -10.75 |
Net Long-Term Debt Issued (Repaid) | - | - | - | -171.33 | - | 564.25 |
Issuance of Common Stock | 4.12 | 4.69 | 8.09 | 6.09 | 5.44 | 11.97 |
Repurchase of Common Stock | -210.8 | -135.96 | -100 | - | - | - |
Net Common Stock Issued (Repurchased) | -206.68 | -131.27 | -91.91 | 6.09 | 5.44 | 11.97 |
Other Financing Activities | -2.44 | -6.73 | 9.96 | 25.44 | -4.29 | -38.48 |
Financing Cash Flow | -209.12 | -138.01 | -81.96 | -139.79 | 1.14 | 537.74 |
Net Cash Flow | 56.98 | -26.69 | 209.18 | 1.19 | -56.83 | 119.6 |
Free Cash Flow | 229.27 | 242.47 | 150.04 | 52.02 | 10.25 | 9.81 |
Free Cash Flow Growth | -5.44% | 61.61% | 188.44% | 407.52% | 4.49% | -38.87% |
FCF Margin | 29.00% | 30.78% | 19.50% | 7.55% | 1.66% | 1.95% |
Free Cash Flow Per Share | 1.65 | 1.72 | 1.05 | 0.38 | 0.08 | 0.08 |
Levered Free Cash Flow | 140.67 | 160.03 | 216.68 | -132.75 | -78.57 | 525.38 |
Unlevered Free Cash Flow | 123.8 | 142.04 | 156.55 | -19.11 | -81.86 | -36.96 |