UPWORK, INC Annual Operating Margin in % from 2016 to 2023

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/annual Operating Margin history and growth rate from 2016 to 2023.
  • Upwork, Inc Operating Margin for the quarter ending June 30, 2024 was 6.82 %.
  • Upwork, Inc annual Operating Margin for 2023 was -1.63 %, a 89.1% increase from 2022.
  • Upwork, Inc annual Operating Margin for 2022 was -15 %, a 39% decline from 2021.
  • Upwork, Inc annual Operating Margin for 2021 was -10.8 %, a 79.9% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -1.63 +13.4 +89.1% Jan 1, 2023 Dec 31, 2023
2022 -15 -4.2 -39% Jan 1, 2022 Dec 31, 2022
2021 -10.8 -4.79 -79.9% Jan 1, 2021 Dec 31, 2021
2020 -6 +0.23 +3.69% Jan 1, 2020 Dec 31, 2020
2019 -6.23 -1.61 -34.8% Jan 1, 2019 Dec 31, 2019
2018 -4.62 -3.08 -200% Jan 1, 2018 Dec 31, 2018
2017 -1.54 +7.26 +82.5% Jan 1, 2017 Dec 31, 2017
2016 -8.8 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.