Upwork (UPWK) Return on Invested Capital (2018 - 2026)

Upwork (UPWK) posted quarterly Return on Invested Capital of 0.0% for Q1 2026, down 43.21% quarter-over-quarter from 0.0% in Q4 2025.

Upwork (UPWK) Return on Invested Capital (2018 - 2026) Analysis & Trends

Upwork's Return on Invested Capital history runs 7 years deep, the most recent figure standing at 0.0% for Q1 2026.

In Q1 2026, Return on Invested Capital changed N/A year-over-year to 0.0%; the TTM figure through Mar 2026 stood at 0.0% (changed N/A YoY), while the FY2020 annual figure was 0.03%, changed 0.0% from the prior year.
Return on Invested Capital for Q1 2026 stood at 0.0%, down from 0.0% in the prior quarter.
The five-year high for Return on Invested Capital was 0.0% in Q4 2025, with the low at 0.07% in Q1 2022.
The 3-year median for Return on Invested Capital is 0.0% (2026), against an average of 0.02%.
Peak annual rise in Return on Invested Capital reached 6 bps in 2022, while the deepest fall reached 6 bps in 2022.
Upwork's Return on Invested Capital stood at 0.07% in 2022, then surged by 103 bps to 0.0% in 2025, then slumped by 43 bps to 0.0% in 2026.
Business Quant data shows UPWK's Return on Invested Capital at 0.0% in Q1 2026, 0.0% in Q4 2025, and 0.07% in Q1 2022.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	ROIC (Qtr)
1	Alphabet	4,165.61 Bn	3,736.57 Bn	73.85 Bn	-
2	Meta Platforms	1,523.46 Bn	1,433.20 Bn	49.47 Bn	-
3	Taboola.com	1,141.85 Bn	1,141.71 Bn	139.48 Mn	-
4	Baidu	288.34 Bn	283.85 Bn	1.88 Mn	0.00%
5	Spotify Technology	103.44 Bn	93.20 Bn	1.75 Bn	0.01%
6	Joyy	77.39 Bn	76.50 Bn	205.64 Mn	0.02%
7	BILI Social International	60.58 Bn	60.58 Bn	405,933.00	-
8	Nebius	50.20 Bn	40.57 Bn	295.20 Mn	-
9	Reddit	30.00 Bn	27.22 Bn	734.60 Mn	-
10	Upwork	1.07 Bn	490.68 Mn	150.84 Mn	0.00%

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