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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Upwork (UPWK) EBIT Margin (2017 - 2025)

Historic EBIT Margin for Upwork (UPWK) over the last 9 years, with Q3 2025 value amounting to 14.75%.

  • Upwork's EBIT Margin rose 40200.0% to 14.75% in Q3 2025 from the same period last year, while for Sep 2025 it was 14.68%, marking a year-over-year increase of 67900.0%. This contributed to the annual value of 8.48% for FY2024, which is 101100.0% up from last year.
  • Per Upwork's latest filing, its EBIT Margin stood at 14.75% for Q3 2025, which was up 40200.0% from 16.71% recorded in Q2 2025.
  • In the past 5 years, Upwork's EBIT Margin ranged from a high of 20.08% in Q1 2025 and a low of 16.73% during Q1 2022
  • For the 5-year period, Upwork's EBIT Margin averaged around 1.33%, with its median value being 3.63% (2023).
  • Per our database at Business Quant, Upwork's EBIT Margin crashed by -165500bps in 2021 and then skyrocketed by 225600bps in 2023.
  • Quarter analysis of 5 years shows Upwork's EBIT Margin stood at 15.93% in 2021, then grew by 20bps to 12.69% in 2022, then surged by 136bps to 4.58% in 2023, then skyrocketed by 55bps to 7.09% in 2024, then soared by 108bps to 14.75% in 2025.
  • Its EBIT Margin stands at 14.75% for Q3 2025, versus 16.71% for Q2 2025 and 20.08% for Q1 2025.