KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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 Q3 2025 value amounting to 77.28%.

  • Upwork's Gross Margin fell 3200.0% to 77.28% in Q3 2025 from the same period last year, while for Sep 2025 it was 77.75%, marking a year-over-year increase of 10300.0%. This contributed to the annual value of 77.37% for FY2024, which is 21000.0% up from last year.
  • As of Q3 2025, Upwork's Gross Margin stood at 77.28%, which was down 3200.0% from 77.72% recorded in Q2 2025.
  • In the past 5 years, Upwork's Gross Margin ranged from a high of 78.31% in Q1 2025 and a low of 72.74% during Q3 2021
  • Its 5-year average for Gross Margin is 75.38%, with a median of 75.06% in 2023.
  • As far as peak fluctuations go, Upwork's Gross Margin skyrocketed by 26700bps in 2024, and later 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 decreased by -1bps to 77.28% in 2025.
  • Its Gross Margin was 77.28% in Q3 2025, compared to 77.72% in Q2 2025 and 78.31% in Q1 2025.