Upwork, Inc (UPWK) Invested Capital (2017 - 2026)

Upwork (UPWK) has reported Invested Capital for 10 consecutive years, with $929.9 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Invested Capital rose 56.45% year-over-year to $929.9 million; the TTM figure through Mar 2026 stood at $929.9 million (up 56.45% YoY), while the FY2025 annual figure was $990.1 million, up 6.08% from the prior year.
• Invested Capital came in at $929.9 million for Q1 2026 at Upwork, down from $990.1 million in the prior quarter.
• The five-year high for Invested Capital was $990.1 million in Q4 2025, with the low at $248.9 million in Q4 2022.
• Average Invested Capital over 5 years is $597.7 million, with a median of $594.3 million recorded in 2025.
• The largest YoY upside for Invested Capital was 158.12% in 2022 against a maximum downside of 69.68% in 2022.
• Year by year, Invested Capital stood at $248.9 million in 2022, then surged by 53.12% to $381.1 million in 2023, then surged by 144.91% to $933.3 million in 2024, then climbed by 6.08% to $990.1 million in 2025, then dropped by 6.08% to $929.9 million in 2026.
• According to Business Quant data, Invested Capital over the past three periods registered $929.9 million, $990.1 million, and $987.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.