UPWORK INC. (UPWK) Gross margin 2016–2025
UPWORK INC. (UPWK) gross margin by fiscal year — reported gross profit divided by reported revenue.
77.8%FY2025 · since FY2016: 61.9% → 77.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 77.8% | +0.4 pp |
| FY2024 | 77.4% | +2.1 pp |
| FY2023 | 75.3% | +1.2 pp |
| FY2022 | 74.1% | +1.0 pp |
| FY2021 | 73.0% | +1.0 pp |
| FY2020 | 72.1% | +1.4 pp |
| FY2019 | 70.7% | +2.8 pp |
| FY2018 | 67.8% | +0.2 pp |
| FY2017 | 67.7% | +5.7 pp |
| FY2016 | 61.9% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice