Upwork (UPWK) Interest Coverage Ratio (2017 - 2023)
Upwork (UPWK) posted quarterly Interest Coverage Ratio of 42.66 for Q1 2026, down 24.37% year-over-year from 56.4 in Q1 2025, and down 50.55% quarter-over-quarter from 86.26 in Q4 2025.
Analysis
Upwork (UPWK) Interest Coverage Ratio (2017 - 2023) Analysis & Trends
Upwork's Interest Coverage Ratio history runs 10 years deep, the most recent figure standing at 42.66 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 24.37% year-over-year to 42.66; the TTM figure through Mar 2026 stood at 160.8 (up 266.04% YoY), while the FY2025 annual figure was 8.13, up 29.51% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 42.66, down from 86.26 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 86.26 in Q4 2025, with the low at 18.98 in Q1 2023.
- The 5-year median for Interest Coverage Ratio is 15.64 (2023), against an average of 16.67.
- Peak annual rise in Interest Coverage Ratio reached 1179.46% in 2023, while the deepest fall reached 170.79% in 2023.
- Upwork's Interest Coverage Ratio stood at 0.13 in 2022, then soared by 1179.46% to 1.4 in 2023, then soared by 2042.23% to 30.09 in 2024, then soared by 186.67% to 86.26 in 2025, then tumbled by 50.55% to 42.66 in 2026.
- Business Quant data shows UPWK's Interest Coverage Ratio at 42.66 in Q1 2026, 86.26 in Q4 2025, and 17.63 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,041.42 Bn | 3,612.39 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,439.85 Bn | 1,349.59 Bn | 49.47 Bn | - |
| 3 | Spotify Technology | 111.56 Bn | 104.65 Bn | 1.86 Bn | -49.76 |
| 4 | Nebius | 47.78 Bn | 38.68 Bn | 448.70 Mn | 1.48 |
| 5 | 27.92 Bn | 25.13 Bn | 734.60 Mn | - | |
| 6 | Bilibili | 13.44 Bn | 11.30 Bn | 433.97 Mn | -9.93 |
| 7 | Tencent Music Entertainment | 12.57 Bn | 9.07 Bn | 582.00 Mn | -607.00 |
| 8 | 12.09 Bn | 10.81 Bn | 922.30 Mn | - | |
| 9 | Match | 9.42 Bn | 8.83 Bn | 648.84 Mn | 5.79 |
| 10 | Upwork | 1.11 Bn | 496.06 Mn | 146.37 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 16.13 |
| Jun 30, 2023 | -8.58 |
| Mar 31, 2023 | -22.74 |
| Dec 31, 2022 | -18.27 |
| Sep 30, 2022 | -22.78 |
| Jun 30, 2022 | -20.58 |
| Mar 31, 2022 | -21.02 |
| Dec 31, 2021 | -19.38 |
| Sep 30, 2021 | -11.15 |
| Jun 30, 2021 | -149.05 |
| Mar 31, 2021 | -38.68 |
| Dec 31, 2020 | 4.75 |
| Sep 30, 2020 | -19.93 |
| Jun 30, 2020 | -42.57 |
| Mar 31, 2020 | -39.35 |
| Dec 31, 2019 | -26.55 |
| Sep 30, 2019 | -11.65 |
| Jun 30, 2019 | -8.12 |
| Mar 31, 2019 | -14.12 |
| Dec 31, 2018 | -7.41 |