Upwork, Inc (UPWK) Debt to Equity (2017 - 2026)

Upwork (UPWK) has reported Debt to Equity for 10 consecutive years, with $0.63 the latest figure, recorded in Q1 2026.

• In Q1 2026, Debt to Equity rose 4.88% year-over-year to $0.63; the TTM figure through Mar 2026 stood at $0.63 (up 4.88% YoY), while the FY2025 annual figure was $0.57, down 8.25% from the prior year.
• Debt to Equity came in at $0.63 for Q1 2026 at Upwork, up from $0.57 in the prior quarter.
• The five-year high for Debt to Equity was $2.32 in Q3 2022, with the low at $0.57 in Q4 2025.
• Average Debt to Equity over 5 years is $1.17, with a median of $0.99 recorded in 2024.
• Across the five-year window, Debt to Equity surged 10003.38% in 2022 and tumbled 58.79% in 2023, its largest moves.
• Year by year, Debt to Equity stood at $2.27 in 2022, then sank by 58.79% to $0.93 in 2023, then plunged by 33.43% to $0.62 in 2024, then declined by 8.25% to $0.57 in 2025, then gained by 10.8% to $0.63 in 2026.
• According to Business Quant data, Debt to Equity over the past three periods registered $0.63, $0.57, and $0.57 for Q1 2026, Q4 2025, and Q3 2025 respectively.