Upwork Inc Free Cash Flow Generation Index
Upwork Inc free cash flow generation index. Upwork Inc (UPWK) has a Free Cash Flow Generation Index of 0.99x as of December 2025. Free cash flow of $63.25 Million represents 1% of operating cash flow ($63.70 Million).
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Upwork Inc (2016–2025)
Free cash flow generation index of Upwork Inc from 2016 to 2025. Historical FCF Generation Index trend for Upwork Inc across 9 annual periods. See financial agility of Upwork Inc to measure the company's free cash flow as a share of total liabilities.
Upwork Inc Free Cash Flow Generation Index by Year (2016–2025)
Upwork Inc free cash flow generation index by year from 2016 to 2025. Year-by-year Free Cash Flow Generation Index for Upwork Inc. For the full cash flow conversion analysis, see UPWK cash flow metrics.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.98x | $242.47 Million | $248.26 Million | $5.79 Million | ▲ +7.8% |
| 2024 | 0.91x | $139.12 Million | $153.56 Million | $14.44 Million | ▲ +31.3% |
| 2023 | 0.69x | $36.36 Million | $52.71 Million | $16.35 Million | ▲ +186.9% |
| 2022 | 0.24x | $2.76 Million | $11.50 Million | $8.73 Million | ▼ -44.6% |
| 2021 | 0.43x | $4.70 Million | $10.84 Million | $6.14 Million | ▲ +21.2% |
| 2020 | 0.36x | $8.00 Million | $22.36 Million | $14.37 Million | ▲ +102.4% |
| 2019 | -14.73x | $-15.58 Million | $1.06 Million | $16.64 Million | ▼ -3032.0% |
| 2018 | 0.50x | $6.90 Million | $13.74 Million | $6.84 Million | ▼ -31.3% |
| 2016 | 0.73x | $2.30 Million | $3.15 Million | $846.00K | — |