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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 Q3 2025 value amounting to 14.61%.

  • Upwork's EBITDA Margin fell 6200.0% to 14.61% in Q3 2025 from the same period last year, while for Sep 2025 it was 31.58%, marking a year-over-year increase of 201100.0%. This contributed to the annual value of 28.03% for FY2024, which is 207500.0% up from last year.
  • Upwork's EBITDA Margin amounted to 14.61% in Q3 2025, which was down 6200.0% from 16.88% recorded in Q2 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.
  • Its 5-year average for EBITDA Margin is 4.62%, with a median of 9.35% in 2024.
  • In the last 5 years, Upwork's EBITDA Margin tumbled by -174800bps in 2021 and then skyrocketed by 665800bps in 2024.
  • 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 plummeted by -81bps to 14.61% in 2025.
  • Its EBITDA Margin was 14.61% in Q3 2025, compared to 16.88% in Q2 2025 and 19.73% in Q1 2025.