Upwork Inc (UPWK) — Financial Flexibility Index
Upwork Inc (UPWK) has a Financial Flexibility Index of 0.10x as of December 2025. Free cash flow of $64.16 Million (operating CF $63.70 Million minus capex $455.00K) represents 0% of total liabilities ($669.26 Million). Check UPWK total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Upwork Inc Financial Flexibility Index (2016–2025)
Historical Financial Flexibility Index trend for Upwork Inc across 10 annual periods. For the full cash flow conversion analysis, see Upwork Inc operating cash flow efficiency.
Annual Financial Flexibility Index for Upwork Inc (2016–2025)
Year-by-year free cash flow to debt coverage for Upwork Inc. Explore UPWK operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.38x | $254.05 Million | $248.26 Million | $669.26 Million | ▲ +43.8% |
| 2024 | 0.26x | $168.01 Million | $153.56 Million | $636.24 Million | ▲ +151.0% |
| 2023 | 0.11x | $69.06 Million | $52.71 Million | $656.47 Million | ▲ +332.3% |
| 2022 | 0.02x | $20.23 Million | $11.50 Million | $831.37 Million | ▲ +17.8% |
| 2021 | 0.02x | $16.97 Million | $10.84 Million | $821.54 Million | ▼ -87.1% |
| 2020 | 0.16x | $36.73 Million | $22.36 Million | $229.92 Million | ▲ +68.8% |
| 2019 | 0.09x | $17.70 Million | $1.06 Million | $186.96 Million | ▼ -32.0% |
| 2018 | 0.14x | $20.59 Million | $13.74 Million | $147.83 Million | ▲ +2637.9% |
| 2017 | -0.01x | $-1.68 Million | $-4.00 Million | $306.56 Million | ▼ -138.4% |
| 2016 | 0.01x | $3.99 Million | $3.15 Million | $279.73 Million | — |