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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) Net Margin (2017 - 2025)

Historic Net Margin for Upwork (UPWK) over the last 9 years, with Q3 2025 value amounting to 14.54%.

  • Upwork's Net Margin rose 2200.0% to 14.54% in Q3 2025 from the same period last year, while for Sep 2025 it was 31.62%, marking a year-over-year increase of 203600.0%. This contributed to the annual value of 28.02% for FY2024, which is 212200.0% up from last year.
  • According to the latest figures from Q3 2025, Upwork's Net Margin is 14.54%, which was up 2200.0% from 16.79% recorded in Q2 2025.
  • Upwork's 5-year Net Margin high stood at 76.86% for Q4 2024, and its period low was 17.5% during Q1 2022.
  • Moreover, its 5-year median value for Net Margin was 9.3% (2023), whereas its average is 4.62%.
  • Per our database at Business Quant, Upwork's Net Margin plummeted by -173500bps in 2021 and then skyrocketed by 674100bps in 2024.
  • Upwork's Net Margin (Quarter) stood at 16.48% in 2021, then surged by 38bps to 10.22% in 2022, then skyrocketed by 192bps to 9.45% in 2023, then surged by 714bps to 76.86% in 2024, then plummeted by -81bps to 14.54% in 2025.
  • Its Net Margin was 14.54% in Q3 2025, compared to 16.79% in Q2 2025 and 19.57% in Q1 2025.