Net margin is calculated as Net Income divided by its Revenue. Upwork's Net Income for the
three
months ended in Mar. 2026 was MXN567 Mil. Upwork's Revenue for the
three
months ended in Mar. 2026 was MXN3,525 Mil. Therefore, Upwork's net margin for the quarter that ended in Mar. 2026 was 16.09%.
The historical rank and industry rank for Upwork's Net Margin % or its related term are showing as below:
MEX:UPWK'
s Net Margin % Range Over the Past 10 Years
Min: -14.54 Med: -5.83 Max: 28.02
Current: 13.81
MEX:UPWK's Net Margin % is ranked better than 75.41% of 553
companies
in the Interactive Media industry
Industry Median: 1.65
vs MEX:UPWK: 13.81
Upwork (MEX:UPWK) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Upwork Net Margin % Related Terms
Upwork Net Margin % Historical Data
* Premium members only.
The historical data trend for Upwork's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:UPWK vs YELP, MOMO, TBLA: Net Margin % Comparison
For the Internet Content & Information subindustry, Upwork's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Upwork Net Margin % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Upwork's Net Margin % distribution charts can be found below:
* The bar in red indicates where Upwork's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Upwork (MEX:UPWK) has a Net Margin % of 16.09% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Upwork and its competitors. According to the industry distribution chart, Upwork ranks #136 out of 553 companies in the Interactive Media industry, placing it in the top 24.6%.
Is Upwork's Net Margin % too high?
Upwork's current Net Margin % is 16.09%. The Interactive Media industry median Net Margin % is 1.65. Upwork's value of 16.09% is 875.2% above this industry median. Based on the distribution chart, Upwork ranks #136 out of 553 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Upwork has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Upwork's Net Margin % compare to YELP and MOMO?
According to the Interactive Media industry distribution chart, Upwork ranks #136 out of 553 companies for Net Margin %. This places Upwork in the top 25% of its industry — outperforming the majority of peers. The industry median Net Margin % is 1.65. Upwork's value of 16.09% is 875.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Interactive Media company?
The median Net Margin % among Interactive Media companies is 1.65, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Upwork's current Net Margin % of 16.09% is 875.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Upwork and its competitors. For the Interactive Media industry, the median Net Margin % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Upwork's current Net Margin % is 16.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upwork stock overvalued right now?
Based on GuruFocus' analysis, Upwork (MEX:UPWK) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN256.93, compared to a current price of MXN146.84 — trading 42.8% below its estimated fair value. The current Net Margin % is 16.09% and 875.2% above the Interactive Media industry median of 1.65. Upwork's overall GF Score™ is 53/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Upwork (MEX:UPWK), the current Net Margin % is 16.09% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Upwork (MEX:UPWK) Overvalued in 2026?
Based on GuruFocus' analysis, Upwork stock appears to be undervalued.
The current stock price of MXN146.84 is trading 42.8% below its estimated GF Value™ of MXN256.93.
GuruFocus considers Upwork to be Significantly Undervalued.
Key valuation signals for MEX:UPWK:
Net Margin %: 16.09%
GF Value™: MXN256.93 vs. price of MXN146.84 (42.8% below fair value)
Industry Position: 875.2% above the Interactive Media median (#136 of 553)
No single metric tells the full story. See the MEX:UPWK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Upwork Inc is a United States-based company that operates an online marketplace that enables businesses to find and work with skilled independent professionals. The company develops platform for hiring and freelancing purposes and connects businesses with AI-enabled talent across every on-demand work type, including freelance, agency, fractional, and payrolled. The business generates revenue from Talent and Clients across the USA, India, Pakistan, the Philippines and the rest of the world. Maximum revenue of the company is derived from Talent segment.
53GF Score
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