Upwork Inc. (UPWK) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Upwork Inc., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 22.43x | 10.13x | 42.74x | -15.16x | -77.24x | -179.19x |
| P/B Ratio | 4.11x | 3.80x | 5.26x | 5.47x | 16.74x | 13.69x |
| P/S Ratio | 3.29x | 2.84x | 2.91x | 2.20x | 8.64x | 10.97x |
| Profitability | ||||||
| Gross Margin | 77.8% | 77.4% | 75.3% | 74.1% | 73.0% | 72.1% |
| Operating Margin | 16.4% | 8.5% | -1.6% | -15.0% | -10.8% | -6.0% |
| Net Margin | 14.7% | 28.0% | 6.8% | -14.5% | -11.2% | -6.1% |
| EBITDA Margin | 20.7% | 10.8% | 0.2% | -13.2% | -8.0% | -2.1% |
| Liquidity | ||||||
| Current Ratio | 1.46x | 3.39x | 3.01x | 3.76x | 3.98x | 1.82x |
| Quick Ratio | 1.46x | 3.39x | 3.01x | 3.76x | 3.98x | 1.82x |
| Leverage | ||||||
| Debt/Equity | 0.60x | 0.64x | 0.97x | 2.34x | 2.25x | 0.12x |
YoY = year-over-year change. Source: FMP..