Latest period
$579.73M
YoY change
+8.7%
5Y CAGR
+31.9%
Peak year (2022)
$686.61M
Latest annual
$676.38M
Cash on Hand history chart for Upwork (UPWK) from 2016 to 2025
Latest: $676.38M
Cash on Hand growth chart for Upwork (UPWK) from 2016 to 2025
Latest: +8.7%
Cash on Hand history table for Upwork (UPWK) from 2016 to 2025
| 2025 | $676.38M | +8.7% | +$54.28M | ||
| 2024 | $622.10M | +13.1% | +$72.00M | ||
| 2023 | $550.10M | -19.9% | −$136.52M | ||
| 2022 | $686.61M | +0.3% | +$1.84M | ||
| 2021 | $684.77M | +303.6% | +$515.12M | ||
| 2020 | $169.65M | +26.7% | +$35.78M | ||
| 2019 | $133.87M | +3.7% | +$4.75M | ||
| 2018 | $129.13M | +498.0% | +$107.53M | ||
| 2017 | $21.59M | -21.0% | −$5.73M | ||
| 2016 | $27.33M | — | — |
- 2025$676.38M+8.7%
- 2024$622.10M+13.1%
- 2023$550.10M-19.9%
- 2022$686.61M+0.3%
- 2021$684.77M+303.6%
- 2020$169.65M+26.7%
- 2019$133.87M+3.7%
- 2018$129.13M+498.0%
- 2017$21.59M-21.0%
- 2016$27.33M—
Cash on Hand values are taken from Upwork's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Cash on Hand at Upwork (UPWK)
According to Upwork's latest reported financial statements, the company's latest reported cash and short-term investments is $579.73M. Cash on hand here is cash, cash equivalents, and short-term investments reported at the end of each period — the most liquid assets on the balance sheet. Compare with total debt for net leverage and total assets for the share of assets held in cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Upwork (UPWK) cash and short-term investments totalled $676.38M – grew 8.7% year-over-year.
Through 2020–2025 (5 years), Upwork cash and short-term investments delivered a +31.9% annualised rate; sustaining 2 straight years of year-over-year growth.
Upwork cash and short-term investments peaked at $686.61M in 2022; the latest annual figure is $676.38M in 2025 (1.5% below peak).
2022 marks the peak cash and short-term investments at $686.61M, with the historical low of $21.59M recorded in 2017.
Upwork Cash on Hand by Year
Upwork Cash on Hand 2025: $676.38M
Upwork cash and short-term investments in 2025 was $676.38M, grew 8.7% from 2024.
Upwork Cash on Hand 2024: $622.10M
2024's cash and short-term investments for Upwork came in at $622.10M, grew 13.1% from 2023.
Upwork Cash on Hand 2023: $550.10M
Upwork posted cash and short-term investments of $550.10M in 2023, declined 19.9% below 2022.
Upwork Cash on Hand 2022: $686.61M
In 2022, Upwork reported cash and short-term investments of $686.61M, edged up 0.3% from 2021. This figure represents the highest annual value in the available history.
Upwork Cash on Hand 2021: $684.77M
Upwork cash and short-term investments in 2021 was $684.77M.
See more financial history for Upwork (UPWK).
Sector peers by Cash on Hand
Industrials peers of Upwork (UPWK), ranked by their latest cash and short-term investments
| $29.40B | |
| $24.75B | |
| $12.39B | |
| $9.98B | |
| $9.69B | |
| $7.43B | |
| $1.52B | |
| $803.00M |
- $29.40B
- $24.75B
- $12.39B
- $9.98B
- $9.69B
- $7.43B
- $1.52B
- $803.00M
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