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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) Gross Margin (2017 - 2025)

Historic Gross Margin for Upwork (UPWK) over the last 9 years, with Q4 2025 value amounting to 77.99%.

  • Upwork's Gross Margin rose 2600.0% to 77.99% in Q4 2025 from the same period last year, while for Dec 2025 it was 77.82%, marking a year-over-year increase of 4500.0%. This contributed to the annual value of 77.82% for FY2025, which is 4500.0% up from last year.
  • As of Q4 2025, Upwork's Gross Margin stood at 77.99%, which was up 2600.0% from 77.28% recorded in Q3 2025.
  • In the past 5 years, Upwork's Gross Margin registered a high of 78.31% during Q1 2025, and its lowest value of 72.74% during Q3 2021.
  • In the last 5 years, Upwork's Gross Margin had a median value of 75.22% in 2023 and averaged 75.51%.
  • In the last 5 years, Upwork's Gross Margin skyrocketed by 26700bps in 2024 and then plummeted by -3200bps in 2025.
  • Upwork's Gross Margin (Quarter) stood at 72.93% in 2021, then rose by 2bps to 74.51% in 2022, then increased by 1bps to 75.06% in 2023, then grew by 4bps to 77.73% in 2024, then grew by 0bps to 77.99% in 2025.
  • Its Gross Margin stands at 77.99% for Q4 2025, versus 77.28% for Q3 2025 and 77.72% for Q2 2025.