Operating Margin of UPWORK, INC from 31 Dec 2016 to 30 Sep 2025

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
UPWORK, INC quarterly and annual Operating Margin in % history and change rate from 31 Dec 2016 to 30 Sep 2025.
  • UPWORK, INC Operating Margin for the quarter ending 30 Sep 2025 was 15%, a 86% increase year-over-year.
  • UPWORK, INC annual Operating Margin for 2024 was 8.5%.
  • UPWORK, INC annual Operating Margin for 2023 was -1.6%, a 89% increase from 2022.
  • UPWORK, INC annual Operating Margin for 2022 was -15%, a 39% decline from 2021.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Change (%)
Operating Margin, Annual (%)
Operating Margin, YoY Annual Change (%)

UPWORK, INC Quarterly Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2025 15% +6.8% +86% 01 Jul 2025 30 Sep 2025
Q2 2025 14% +6.8% +100% 01 Apr 2025 30 Jun 2025
Q1 2025 12% +8% +216% 01 Jan 2025 31 Mar 2025
Q4 2024 8.5% +10% 01 Oct 2024 31 Dec 2024
Q3 2024 7.9% +14% 01 Jul 2024 30 Sep 2024
Q2 2024 6.8% +19% 01 Apr 2024 30 Jun 2024
Q1 2024 3.7% +18% 01 Jan 2024 31 Mar 2024
Q4 2023 -1.6% +13% +89% 01 Oct 2023 31 Dec 2023
Q3 2023 -6% +9.8% +62% 01 Jul 2023 30 Sep 2023
Q2 2023 -12% +1.8% +13% 01 Apr 2023 30 Jun 2023
Q1 2023 -15% -1.5% -11% 01 Jan 2023 31 Mar 2023
Q4 2022 -15% -4.2% -39% 01 Oct 2022 31 Dec 2022
Q3 2022 -16% -9.1% -135% 01 Jul 2022 30 Sep 2022
Q2 2022 -14% -7.6% -127% 01 Apr 2022 30 Jun 2022
Q1 2022 -13% -8% -154% 01 Jan 2022 31 Mar 2022
Q4 2021 -11% -4.8% -80% 01 Oct 2021 31 Dec 2021
Q3 2021 -6.7% +1.9% +22% 01 Jul 2021 30 Sep 2021
Q2 2021 -6% +3.3% +35% 01 Apr 2021 30 Jun 2021
Q1 2021 -5.2% +1.9% +27% 01 Jan 2021 31 Mar 2021
Q4 2020 -6% +0.23% +3.7% 01 Oct 2020 31 Dec 2020
Q3 2020 -8.6% -3.6% -70% 01 Jul 2020 30 Sep 2020
Q2 2020 -9.3% -4.1% -79% 01 Apr 2020 30 Jun 2020
Q1 2020 -7.1% -3% -71% 01 Jan 2020 31 Mar 2020
Q4 2019 -6.2% -1.6% -35% 01 Oct 2019 31 Dec 2019
Q3 2019 -5.1% 01 Jul 2019 30 Sep 2019
Q2 2019 -5.2% 01 Apr 2019 30 Jun 2019
Q1 2019 -4.2% 01 Jan 2019 31 Mar 2019
Q4 2018 -4.6% 01 Oct 2018 31 Dec 2018

UPWORK, INC Annual Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
2024 8.5% +10% 01 Jan 2024 31 Dec 2024
2023 -1.6% +13% +89% 01 Jan 2023 31 Dec 2023
2022 -15% -4.2% -39% 01 Jan 2022 31 Dec 2022
2021 -11% -4.8% -80% 01 Jan 2021 31 Dec 2021
2020 -6% +0.23% +3.7% 01 Jan 2020 31 Dec 2020
2019 -6.2% -1.6% -35% 01 Jan 2019 31 Dec 2019
2018 -4.6% -3.1% -200% 01 Jan 2018 31 Dec 2018
2017 -1.5% +7.3% +83% 01 Jan 2017 31 Dec 2017
2016 -8.8% 01 Jan 2016 31 Dec 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.