Growth Metrics

Upwork (UPWK) Return on Equity (2018 - 2025)

Upwork has reported Return on Equity over the past 8 years, most recently at 0.18% for Q4 2025.

  • Quarterly results put Return on Equity at 0.18% for Q4 2025, down 25.0% from a year ago — trailing twelve months through Dec 2025 was 0.18% (down 25.0% YoY), and the annual figure for FY2025 was 0.19%, down 26.0%.
  • Return on Equity for Q4 2025 was 0.18% at Upwork, down from 0.4% in the prior quarter.
  • Over the last five years, Return on Equity for UPWK hit a ceiling of 0.44% in Q4 2024 and a floor of 0.39% in Q3 2022.
  • Median Return on Equity over the past 5 years was 0.01% (2021), compared with a mean of 0.02%.
  • Biggest five-year swings in Return on Equity: decreased -28bps in 2022 and later soared 50bps in 2023.
  • Upwork's Return on Equity stood at 0.21% in 2021, then tumbled by -71bps to 0.37% in 2022, then soared by 135bps to 0.13% in 2023, then skyrocketed by 237bps to 0.44% in 2024, then plummeted by -58bps to 0.18% in 2025.
  • The last three reported values for Return on Equity were 0.18% (Q4 2025), 0.4% (Q3 2025), and 0.41% (Q2 2025) per Business Quant data.