Upwork OpEx/Revenue
The Operating Expenses to Revenue Ratio of Upwork (UPWK) as of Nov 13, 2026 is 42.41 %. In the previous year, Operating Expenses to Revenue Ratio was 43.95 % — a change of -3.50% (lower).
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OpEx/Revenue
42.41 %
YoY
-3.50%
Last updated:
The Upwork OpEx/Revenue history
3 Years
10 Years
25 Years
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| YEAR | OpEx/Revenue | YoY |
|---|---|---|
| 42.41 % | -3.50% | |
| 43.95 % | +2.21% | |
| 42.99 % | -4.55% | |
| 45.04 % | -2.45% | |
| 46.17 % | +11.31% | |
| 41.48 % | -5.08% | |
| 43.70 % | +5.63% | |
| 41.37 % | +1.05% | |
| 40.95 % | -8.20% | |
| 44.60 % | — |
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Upwork Stock analysis
Frequently Asked Questions about Upwork stock
Operating Expenses to Revenue Ratio of Upwork is 42.41 % in 2025.
Operating Expenses to Revenue Ratio of Upwork changed from 43.95 % to 42.41 %, representing a -3.50% change. The value is lower than the previous year.
On Eulerpool you can find the complete historical development of Operating Expenses to Revenue Ratio Upwork since 2006 – with annual values, charts, and detailed analysis.
The OpEx/Revenue ratio measures total operating expenses as a percentage of revenue. Declining ratios suggest improving operational leverage.
A 'good' varies by industry and company stage. On Eulerpool, you can compare Operating Expenses to Revenue Ratio's Upwork with sector peers and the industry average to assess whether it is attractive.
To evaluate Operating Expenses to Revenue Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Operating Expenses to Revenue Ratio.
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