Growth Metrics

Upwork (UPWK) Equity Ratio (2017 - 2025)

Upwork (UPWK) has 9 years of Equity Ratio data on record, last reported at 0.49 in Q4 2025.

  • For Q4 2025, Equity Ratio rose 2.13% year-over-year to 0.49; the TTM value through Dec 2025 reached 0.49, up 2.13%, while the annual FY2025 figure was 0.49, 2.13% up from the prior year.
  • Equity Ratio reached 0.49 in Q4 2025 per UPWK's latest filing, up from 0.48 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.55 in Q1 2021 and bottomed at 0.22 in Q3 2022.
  • Average Equity Ratio over 5 years is 0.37, with a median of 0.36 recorded in 2023.
  • Peak YoY movement for Equity Ratio: tumbled 58.46% in 2022, then soared 59.42% in 2023.
  • A 5-year view of Equity Ratio shows it stood at 0.24 in 2021, then fell by 4.03% to 0.23 in 2022, then soared by 59.42% to 0.37 in 2023, then increased by 29.3% to 0.47 in 2024, then grew by 2.13% to 0.49 in 2025.
  • Per Business Quant database, its latest 3 readings for Equity Ratio were 0.49 in Q4 2025, 0.48 in Q3 2025, and 0.48 in Q2 2025.