Growth Metrics

Upwork (UPWK) Net Margin (2017 - 2025)

Historic Net Margin for Upwork (UPWK) over the last 9 years, with Q4 2025 value amounting to 7.88%.

  • Upwork's Net Margin fell 689800.0% to 7.88% in Q4 2025 from the same period last year, while for Dec 2025 it was 14.65%, marking a year-over-year decrease of 133700.0%. This contributed to the annual value of 14.65% for FY2025, which is 133700.0% down from last year.
  • According to the latest figures from Q4 2025, Upwork's Net Margin is 7.88%, which was down 689800.0% from 14.54% recorded in Q3 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.
  • Its 5-year average for Net Margin is 4.78%, with a median of 8.59% in 2023.
  • In the last 5 years, Upwork's Net Margin skyrocketed by 674100bps in 2024 and then crashed by -689800bps in 2025.
  • Over the past 5 years, 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 crashed by -90bps to 7.88% in 2025.
  • Its Net Margin stands at 7.88% for Q4 2025, versus 14.54% for Q3 2025 and 16.79% for Q2 2025.