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Upwork Inc. (UPWK)
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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 Gross Margin
77.82%+0.58% 1Y
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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

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Upwork Inc. (UPWK)$1.05B77.54%77.59%76.13%74.94%
Kforce Inc. (KFRC)vs ›$891.60M27.22%27.10%27.84%28.11%
T1 Energy Inc (TE)vs ›$1.48B7.60%24.55%12.28%8.18%
Ameresco, Inc. (AMRC)vs ›$1.49B15.58%15.10%16.02%16.87%
Preformed Line Products Company (PLPC)vs ›$1.84B30.86%31.70%33.06%32.90%
Enerpac Tool Group Corp. (EPAC)vs ›$1.85B48.58%50.35%49.12%47.75%
Ampco-Pittsburgh Corporation (AP)vs ›$240.46M14.54%16.44%16.62%17.88%
SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs ›$231.68M22.71%20.89%26.53%21.47%
Teekay Tankers Ltd. (TNK)vs ›$2.61B34.88%29.77%31.25%23.77%
Werner Enterprises, Inc. (WERN)vs ›$2.64B8.41%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

DATEGROSS MARGIN
2025-12-3177.82%
2024-12-3177.37%
2023-12-3175.27%
2022-12-3174.06%
2021-12-3173.05%
2020-12-3172.09%
2019-12-3170.67%
2018-12-3167.85%
2017-12-3167.69%
2016-12-3161.95%

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.

Palo Alto, CA
600 employees
Industrials / Staffing & Employment Services
Sector
Industrials
Industry
Staffing & Employment Services
CEO
Hayden Brown