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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) Invested Capital (2017 - 2026)

Upwork has reported Invested Capital over the past 9 years, most recently at $990.1 million for Q4 2025.

  • For Q4 2025, Invested Capital rose 6.08% year-over-year to $990.1 million; the TTM value through Dec 2025 reached $990.1 million, up 6.08%, while the annual FY2025 figure was $990.1 million, 6.08% up from the prior year.
  • Invested Capital for Q4 2025 was $990.1 million at Upwork, roughly flat from $987.4 million in the prior quarter.
  • Over five years, Invested Capital peaked at $990.1 million in Q4 2025 and troughed at $248.9 million in Q4 2022.
  • A 5-year average of $575.3 million and a median of $502.8 million in 2024 define the central range for Invested Capital.
  • Biggest five-year swings in Invested Capital: surged 180.58% in 2021 and later crashed 69.68% in 2022.
  • Year by year, Invested Capital stood at $820.8 million in 2021, then crashed by 69.68% to $248.9 million in 2022, then skyrocketed by 53.12% to $381.1 million in 2023, then skyrocketed by 144.91% to $933.3 million in 2024, then increased by 6.08% to $990.1 million in 2025.
  • Business Quant data shows Invested Capital for UPWK at $990.1 million in Q4 2025, $987.4 million in Q3 2025, and $608.7 million in Q2 2025.