Upwork Inc. (UPWK) Gross Margin: 77.54%
Is Upwork Inc.’s gross margin high or low?
Upwork Inc.'s gross margin of 77.54% is in line with its 5-year average of 74.94%, near the high end of its 5-year range (72.09%–77.82%).
As of Monday, June 15, 2026. 0.07% below its 12-month average of 77.59%.
UPWK Gross Margin Chart
UPWK Average Gross Margin Chart
UPWK Current vs Average Gross Margin Chart
UPWK Gross Margin Metrics
GROSS MARGIN
77.54%
GROSS MARGIN AVG TTM
77.59%
GROSS MARGIN AVG 3Y
76.13%
GROSS MARGIN AVG 5Y
74.94%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.07%
CURRENT VS 3Y AVG
+1.85%
CURRENT VS 5Y AVG
+3.46%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
UPWK Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Upwork Inc. (UPWK) | $1.05B | 77.54% | 77.59% | 76.13% | 74.94% |
| Kforce Inc. (KFRC)vs › | $891.60M | 27.22% | 27.10% | 27.84% | 28.11% |
| T1 Energy Inc (TE)vs › | $1.48B | 7.60% | 24.55% | 12.28% | 8.18% |
| Ameresco, Inc. (AMRC)vs › | $1.49B | 15.58% | 15.10% | 16.02% | 16.87% |
| Preformed Line Products Company (PLPC)vs › | $1.84B | 30.86% | 31.70% | 33.06% | 32.90% |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.85B | 48.58% | 50.35% | 49.12% | 47.75% |
| Ampco-Pittsburgh Corporation (AP)vs › | $240.46M | 14.54% | 16.44% | 16.62% | 17.88% |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $231.68M | 22.71% | 20.89% | 26.53% | 21.47% |
| Teekay Tankers Ltd. (TNK)vs › | $2.61B | 34.88% | 29.77% | 31.25% | 23.77% |
| Werner Enterprises, Inc. (WERN)vs › | $2.64B | 8.41% | 8.49% | 11.43% | 13.77% |
Gross Margin Analysis
Gross Margin
77.5%
(Revenue - COGS) / Revenue
Upwork Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Upwork Inc. Gross Margin FAQ
- What is the gross margin for Upwork Inc. (UPWK)?
- The gross margin for UPWK stock is 77.54%.
- Is Upwork Inc.'s gross margin high or low?
- Upwork Inc.'s gross margin of 77.54% is in line with its 5-year average of 74.94%, near the high end of its 5-year range (72.09%–77.82%).
- What is the TTM average gross margin for Upwork Inc. (UPWK)?
- The TTM average gross margin for UPWK stock is 77.59%.
- What is the 3Y average gross margin for Upwork Inc. (UPWK)?
- The 3Y average gross margin for UPWK stock is 76.13%.
- What is the 5Y average gross margin for Upwork Inc. (UPWK)?
- The 5Y average gross margin for UPWK stock is 74.94%.
Upwork Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 77.82% |
| 2024-12-31 | 77.37% |
| 2023-12-31 | 75.27% |
| 2022-12-31 | 74.06% |
| 2021-12-31 | 73.05% |
| 2020-12-31 | 72.09% |
| 2019-12-31 | 70.67% |
| 2018-12-31 | 67.85% |
| 2017-12-31 | 67.69% |
| 2016-12-31 | 61.95% |
Related Metrics
About Upwork Inc.
Upwork Inc., operating alongside its subsidiaries, provides a leading online work marketplace that connects businesses globally with independent professionals and agencies, spanning the United States, India, the Philippines, and other international markets. The platform grants clients access to a vast and diverse pool of talent, covering a wide array of specializations. These include key areas like sales and marketing, customer service, data science and analytics, creative design, and various aspects of web, mobile, and software development. Beyond talent acquisition, the marketplace also streamlines key operational workflows for businesses, such as sourcing candidates, managing outreach, and facilitating contract agreements. To support effective remote collaborations, Upwork offers a suite of functionalities, including robust communication and collaboration tools, simplified invoicing directly through the platform, and comprehensive payment protection. Upwork's marketplace offerings encompass various service tiers, such as Upwork Basic, Plus, Enterprise, and Payroll solutions, alongside managed and internet escrow agency services. Originally incorporated in 2013 and initially known as Elance-oDesk, Inc., the company rebranded to Upwork Inc. in May 2015. It maintains its headquarters in San Francisco, California.
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- CEO
- Hayden Brown