Upwork Inc Tangible Net Worth Ratio
Upwork Inc tangible net worth ratio. Upwork Inc (UPWK) has a Tangible Net Worth Ratio of 94.1% as of December 2025. This metric is calculated by deducting intangible assets ($37.16 Million) from net assets ($630.32 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check UPWK strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Upwork Inc (2018–2025)
Tangible net worth ratio of Upwork Inc from 2018 to 2025. This chart shows how Upwork Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 94.1%, reflecting net assets of $630.32 Million with intangible assets of $37.16 Million USD. See Upwork Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Upwork Inc Tangible Net Worth Ratio by Year (2018–2025)
Upwork Inc tangible net worth ratio by year from 2018 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Upwork Inc from 2018 to 2025, covering 8 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Upwork Inc (UPWK) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.1% | $630.32 Million | $37.16 Million | $1.30 Billion | ▼ -3.6 pp |
| 2024 | 97.7% | $575.38 Million | $12.99 Million | $1.21 Billion | ▼ -1.5 pp |
| 2023 | 99.2% | $381.07 Million | $3.05 Million | $1.04 Billion | ▼ -0.8 pp |
| 2022 | 100.0% | $248.88 Million | $0.00 | $1.08 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | $259.52 Million | $0.00 | $1.08 Billion | ▲ +0.2 pp |
| 2020 | 99.8% | $299.31 Million | $667.00K | $529.23 Million | ▲ +1.1 pp |
| 2019 | 98.7% | $259.42 Million | $3.33 Million | $446.38 Million | ▲ +1.2 pp |
| 2018 | 97.5% | $243.75 Million | $6.00 Million | $391.57 Million | — |