Upwork Inc (UPWK) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.101x

Based on the latest financial reports, Upwork Inc (UPWK) has a cash flow conversion efficiency ratio of 0.101x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($63.70 Million) by net assets ($630.32 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Upwork Inc - Cash Flow Conversion Efficiency Trend (2016–2025)

This chart illustrates how Upwork Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Upwork Inc total liabilities for a breakdown of total debt and financial obligations.

Upwork Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Upwork Inc ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
Shenzhen Fenda Technology Co Ltd
SHE:002681
0.026x
Proto Labs Inc
NYSE:PRLB
0.025x
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718
0.089x
Sigma Lithium Resources Corp
NASDAQ:SGML
0.020x
Kailuan Energy Chemical Co Ltd
SHG:600997
0.020x
Dar Global Plc
LSE:DAR
0.112x
Morgan Stanley Direct Lending Fund
NYSE:MSDL
0.019x
Enovix Corp
NASDAQ:ENVX
-0.086x

Annual Cash Flow Conversion Efficiency for Upwork Inc (2016–2025)

The table below shows the annual cash flow conversion efficiency of Upwork Inc from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see UPWK company net worth.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2025-12-31 $630.32 Million $248.26 Million 0.394x +47.58%
2024-12-31 $575.38 Million $153.56 Million 0.267x +92.96%
2023-12-31 $381.07 Million $52.71 Million 0.138x +199.41%
2022-12-31 $248.88 Million $11.50 Million 0.046x +10.64%
2021-12-31 $259.52 Million $10.84 Million 0.042x -44.12%
2020-12-31 $299.31 Million $22.36 Million 0.075x +1732.20%
2019-12-31 $259.42 Million $1.06 Million 0.004x -92.77%
2018-12-31 $243.75 Million $13.74 Million 0.056x -55.79%
2017-12-31 $-31.37 Million $-4.00 Million 0.128x +222.09%
2016-12-31 $-30.13 Million $3.15 Million -0.104x --

About Upwork Inc

NASDAQ:UPWK USA Internet Content & Information
Market Cap
$1.37 Billion
Market Cap Rank
#7742 Global
#2174 in USA
Share Price
$10.49
Change (1 day)
+1.35%
52-Week Range
$10.35 - $22.11
All Time High
$60.70
About

Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including administrative support, sales and marketing, design and creative,… Read more