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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 - 2025)

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

  • Quarterly results put Invested Capital at $990.1 million for Q4 2025, up 6.08% from a year ago — trailing twelve months through Dec 2025 was $990.1 million (up 6.08% YoY), and the annual figure for FY2025 was $990.1 million, up 6.08%.
  • Invested Capital for Q4 2025 was $990.1 million at Upwork, roughly flat from $987.4 million in the prior quarter.
  • Over the last five years, Invested Capital for UPWK hit a ceiling of $990.1 million in Q4 2025 and a floor of $248.9 million in Q4 2022.
  • Median Invested Capital over the past 5 years was $502.8 million (2024), compared with a mean of $575.3 million.
  • Biggest five-year swings in Invested Capital: skyrocketed 180.58% in 2021 and later tumbled 69.68% in 2022.
  • Upwork's Invested Capital stood at $820.8 million in 2021, then tumbled by 69.68% to $248.9 million in 2022, then soared by 53.12% to $381.1 million in 2023, then soared by 144.91% to $933.3 million in 2024, then grew by 6.08% to $990.1 million in 2025.
  • The last three reported values for Invested Capital were $990.1 million (Q4 2025), $987.4 million (Q3 2025), and $608.7 million (Q2 2025) per Business Quant data.