Upwork, Inc (UPWK) Equity Ratio (2017 - 2026)

Upwork (UPWK) has reported Equity Ratio for 10 consecutive years, with 0.46 the latest figure, recorded in Q1 2026.

• In Q1 2026, Equity Ratio fell 4.3% year-over-year to 0.46; the TTM figure through Mar 2026 stood at 0.46 (down 4.3% YoY), while the FY2025 annual figure was 0.49, up 2.13% from the prior year.
• Equity Ratio came in at 0.46 for Q1 2026 at Upwork, down from 0.49 in the prior quarter.
• The five-year high for Equity Ratio was 0.49 in Q4 2025, with the low at 0.22 in Q3 2022.
• Average Equity Ratio over 5 years is 0.37, with a median of 0.36 recorded in 2024.
• Across the five-year window, Equity Ratio tumbled 58.46% in 2022 and soared 59.42% in 2023, its largest moves.
• Year by year, Equity Ratio stood at 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 gained by 2.13% to 0.49 in 2025, then retreated by 5.43% to 0.46 in 2026.
• According to Business Quant data, Equity Ratio over the past three periods registered 0.46, 0.49, and 0.48 for Q1 2026, Q4 2025, and Q3 2025 respectively.