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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Upwork (UPWK) FCF Margin (2017 - 2025)

Upwork (UPWK) has 9 years of FCF Margin data on record, last reported at 29.21% in Q4 2025.

  • For Q4 2025, FCF Margin rose 805.0% year-over-year to 29.21%; the TTM value through Dec 2025 reached 30.78%, up 1082.0%, while the annual FY2025 figure was 30.78%, 1082.0% up from the prior year.
  • FCF Margin reached 29.21% in Q4 2025 per UPWK's latest filing, down from 41.26% in the prior quarter.
  • Across five years, FCF Margin topped out at 41.26% in Q3 2025 and bottomed at 8.33% in Q1 2022.
  • Average FCF Margin over 5 years is 11.95%, with a median of 8.19% recorded in 2022.
  • Peak YoY movement for FCF Margin: crashed -1347bps in 2021, then surged 1710bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 6.76% in 2021, then surged by 231bps to 8.85% in 2022, then plummeted by -54bps to 4.07% in 2023, then surged by 420bps to 21.17% in 2024, then soared by 38bps to 29.21% in 2025.
  • Per Business Quant database, its latest 3 readings for FCF Margin were 29.21% in Q4 2025, 41.26% in Q3 2025, and 33.44% in Q2 2025.