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Upwork Inc. (UPWK) Operating Margin: 15.60%

Is Upwork Inc.’s operating margin high or low?

Upwork Inc.'s operating margin of 15.60% is 1201% above its 5-year average of -1.42%, near the high end of its 5-year range (-14.98%–16.41%).

As of Monday, June 15, 2026. 25.35% above its 12-month average of 12.45%.

UPWK Operating Margin Chart

UPWK Operating Margin
16.41%+93.51% 1Y
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UPWK Average Operating Margin Chart

UPWK Current vs Average Operating Margin Chart

UPWK Operating Margin Metrics

OPERATING MARGIN

15.60%

OPERATING MARGIN AVG TTM

12.45%

OPERATING MARGIN AVG 3Y

2.07%

OPERATING MARGIN AVG 5Y

-1.42%

OPERATING MARGIN AVG 10Y

N/A

OPERATING MARGIN AVG 15Y

N/A

OPERATING MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

+25.35%

CURRENT VS 3Y AVG

+653.62%

CURRENT VS 5Y AVG

+1201.18%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

UPWK Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Upwork Inc. (UPWK)$1.05B15.60%12.45%2.07%-1.42%
Kforce Inc. (KFRC)vs ›$891.60M3.80%4.37%5.31%5.62%
T1 Energy Inc (TE)vs ›$1.48B-20.31%-1274.02%-637.01%-424.67%
Ameresco, Inc. (AMRC)vs ›$1.49B6.32%6.39%6.52%6.81%
Preformed Line Products Company (PLPC)vs ›$1.84B7.99%8.39%10.06%9.67%
Enerpac Tool Group Corp. (EPAC)vs ›$1.85B20.52%21.61%15.70%12.89%
Ampco-Pittsburgh Corporation (AP)vs ›$240.46M0.17%2.15%-0.79%-0.43%
SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs ›$231.68M-44.76%-21.47%1.77%-1.95%
Teekay Tankers Ltd. (TNK)vs ›$2.61B31.02%26.76%28.25%15.53%
Werner Enterprises, Inc. (WERN)vs ›$2.64B2.14%2.27%4.93%6.77%

Operating Efficiency

Gross Margin

77.5%

Operating Margin

15.6%

Upwork Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Upwork Inc. Operating Margin FAQ

What is the operating margin for Upwork Inc. (UPWK)?
The operating margin for UPWK stock is 15.60%.
Is Upwork Inc.'s operating margin high or low?
Upwork Inc.'s operating margin of 15.60% is 1201% above its 5-year average of -1.42%, near the high end of its 5-year range (-14.98%–16.41%).
What is the TTM average operating margin for Upwork Inc. (UPWK)?
The TTM average operating margin for UPWK stock is 12.45%.
What is the 3Y average operating margin for Upwork Inc. (UPWK)?
The 3Y average operating margin for UPWK stock is 2.07%.
What is the 5Y average operating margin for Upwork Inc. (UPWK)?
The 5Y average operating margin for UPWK stock is -1.42%.

Upwork Inc. Operating Margin History

DATEOPERATING MARGIN
2025-12-3116.41%
2024-12-318.48%
2023-12-31-1.63%
2022-12-31-14.98%
2021-12-31-10.78%
2020-12-31-6.00%
2019-12-31-6.23%
2018-12-31-4.62%
2017-12-31-1.54%
2016-12-31-8.80%

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