Growth Metrics

Upwork (UPWK) Debt to Equity (2017 - 2025)

Upwork (UPWK) has 9 years of Debt to Equity data on record, last reported at $0.57 in Q4 2025.

  • For Q4 2025, Debt to Equity fell 8.25% year-over-year to $0.57; the TTM value through Dec 2025 reached $0.57, down 8.25%, while the annual FY2025 figure was $0.57, 8.25% down from the prior year.
  • Debt to Equity reached $0.57 in Q4 2025 per UPWK's latest filing, roughly flat from $0.57 in the prior quarter.
  • Across five years, Debt to Equity topped out at $2.32 in Q3 2022 and bottomed at $0.02 in Q2 2021.
  • Average Debt to Equity over 5 years is $1.18, with a median of $1.01 recorded in 2024.
  • Peak YoY movement for Debt to Equity: plummeted 76.13% in 2021, then surged 10003.38% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $2.16 in 2021, then rose by 4.82% to $2.27 in 2022, then crashed by 58.79% to $0.93 in 2023, then tumbled by 33.43% to $0.62 in 2024, then decreased by 8.25% to $0.57 in 2025.
  • Per Business Quant database, its latest 3 readings for Debt to Equity were $0.57 in Q4 2025, $0.57 in Q3 2025, and $0.59 in Q2 2025.