Is Upwork financially healthy?
Yes
Upwork could pay off all its debt with 0.3 years of earnings.
The numbers behind it
Net debt / EBITDA0.3 years
Cash vs. debt$294M vs. $371M
Current ratio1.4×Short-term assets for each $1 of bills due within a year
Interest coverage88.1×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Upwork
Data as of Nov 13, 2026.