Upwork Inc. (UPWK) Quick Ratio (Acid-Test): 1.46
Is Upwork Inc.’s quick ratio (acid-test) high or low?
Upwork Inc.'s quick ratio (acid-test) of 1.46 is 50% below its 5-year average of 2.90, near the low end of its 5-year range (1.46–3.98).
As of Wednesday, June 17, 2026. 39.79% below its 12-month average of 2.42.
UPWK Quick Ratio (Acid-Test) Chart
UPWK Average Quick Ratio (Acid-Test) Chart
UPWK Current vs Average Quick Ratio (Acid-Test) Chart
UPWK Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.46
QUICK RATIO (ACID-TEST) AVG TTM
2.42
QUICK RATIO (ACID-TEST) AVG 3Y
2.91
QUICK RATIO (ACID-TEST) AVG 5Y
2.90
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-39.79%
CURRENT VS 3Y AVG
-49.74%
CURRENT VS 5Y AVG
-49.71%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
UPWK Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Upwork Inc. (UPWK) | $1.02B | 1.46 | 2.42 | 2.91 | 2.90 |
| AIAI Holdings Corporation Class A Common Stock (AIAI)vs › | $1.04B | N/A | N/A | N/A | N/A |
| Kforce Inc. (KFRC)vs › | $852.55M | 1.78 | 1.89 | 2.06 | 2.28 |
| Ameresco, Inc. (AMRC)vs › | $1.44B | 1.50 | 1.48 | 1.35 | 1.33 |
| T1 Energy Inc (TE)vs › | $1.50B | 1.18 | 0.96 | 4.38 | 6.93 |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $266.56M | 0.25 | 0.35 | 0.49 | 0.45 |
| Ampco-Pittsburgh Corporation (AP)vs › | $234.97M | 1.04 | 1.00 | 0.97 | 0.94 |
| Preformed Line Products Company (PLPC)vs › | $1.81B | 1.87 | 1.79 | 1.68 | 1.63 |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.87B | 2.17 | 2.24 | 2.02 | 2.13 |
| Werner Enterprises, Inc. (WERN)vs › | $2.53B | 1.90 | 1.69 | 1.92 | 1.93 |
Liquidity Comparison
Quick Ratio
1.46
Excludes inventory
Current Ratio
1.46
Includes inventory
Upwork Inc. Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Upwork Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Upwork Inc. (UPWK)?
- The quick ratio (acid-test) for UPWK stock is 1.46.
- Is Upwork Inc.'s quick ratio (acid-test) high or low?
- Upwork Inc.'s quick ratio (acid-test) of 1.46 is 50% below its 5-year average of 2.90, near the low end of its 5-year range (1.46–3.98).
- What is the TTM average quick ratio (acid-test) for Upwork Inc. (UPWK)?
- The TTM average quick ratio (acid-test) for UPWK stock is 2.42.
- What is the 3Y average quick ratio (acid-test) for Upwork Inc. (UPWK)?
- The 3Y average quick ratio (acid-test) for UPWK stock is 2.91.
- What is the 5Y average quick ratio (acid-test) for Upwork Inc. (UPWK)?
- The 5Y average quick ratio (acid-test) for UPWK stock is 2.90.
Upwork Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 1.46 |
| 2024-12-31 | 3.39 |
| 2023-12-31 | 3.01 |
| 2022-12-31 | 3.76 |
| 2021-12-31 | 3.98 |
| 2020-12-31 | 1.82 |
| 2019-12-31 | 1.88 |
| 2018-12-31 | 2.01 |
| 2017-12-31 | 1.26 |
| 2016-12-31 | 1.37 |
Related Metrics
About Upwork Inc.
Upwork Inc., operating alongside its subsidiaries, provides a leading online work marketplace that connects businesses globally with independent professionals and agencies, spanning the United States, India, the Philippines, and other international markets. The platform grants clients access to a vast and diverse pool of talent, covering a wide array of specializations. These include key areas like sales and marketing, customer service, data science and analytics, creative design, and various aspects of web, mobile, and software development. Beyond talent acquisition, the marketplace also streamlines key operational workflows for businesses, such as sourcing candidates, managing outreach, and facilitating contract agreements. To support effective remote collaborations, Upwork offers a suite of functionalities, including robust communication and collaboration tools, simplified invoicing directly through the platform, and comprehensive payment protection. Upwork's marketplace offerings encompass various service tiers, such as Upwork Basic, Plus, Enterprise, and Payroll solutions, alongside managed and internet escrow agency services. Originally incorporated in 2013 and initially known as Elance-oDesk, Inc., the company rebranded to Upwork Inc. in May 2015. It maintains its headquarters in San Francisco, California.
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- CEO
- Hayden Brown