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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) EBITDA Margin (2017 - 2025)

Historic EBITDA Margin for Upwork (UPWK) over the last 9 years, with Q4 2025 value amounting to 7.82%.

  • Upwork's EBITDA Margin fell 685300.0% to 7.82% in Q4 2025 from the same period last year, while for Dec 2025 it was 14.71%, marking a year-over-year decrease of 133200.0%. This contributed to the annual value of 14.71% for FY2025, which is 133200.0% down from last year.
  • Upwork's EBITDA Margin amounted to 7.82% in Q4 2025, which was down 685300.0% from 14.61% recorded in Q3 2025.
  • Upwork's EBITDA Margin's 5-year high stood at 76.36% during Q4 2024, with a 5-year trough of 19.52% in Q1 2022.
  • Moreover, its 5-year median value for EBITDA Margin was 8.59% (2025), whereas its average is 4.78%.
  • Per our database at Business Quant, Upwork's EBITDA Margin skyrocketed by 665800bps in 2024 and then crashed by -685300bps in 2025.
  • Over the past 5 years, Upwork's EBITDA Margin (Quarter) stood at 16.86% in 2021, then surged by 45bps to 9.27% in 2022, then surged by 205bps to 9.77% in 2023, then soared by 681bps to 76.36% in 2024, then tumbled by -90bps to 7.82% in 2025.
  • Its last three reported values are 7.82% in Q4 2025, 14.61% for Q3 2025, and 16.88% during Q2 2025.