Upwork (UPWK) Acquisitions (2024 - 2025)

Upwork (UPWK) recorded quarterly Acquisitions of -$1.4 million in Q4 2025, down 103.65% quarter-over-quarter from $39.4 million in Q3 2025, and down 110.05% on a YoY basis from $14.3 million in Q4 2024.

Upwork (UPWK) Acquisitions (2024 - 2025) Analysis & Trends

Upwork's Acquisitions history runs 2 years deep, the most recent figure standing at -$1.4 million for Q4 2025.

  • In Q4 2025, Acquisitions fell 110.05% year-over-year to -$1.4 million; the TTM figure through Dec 2025 stood at $52.3 million (changed N/A YoY), while the FY2025 annual figure was $58.4 million, up 307.49% from the prior year.
  • Acquisitions was -$1.4 million for Q4 2025 at Upwork, down from $39.4 million in the prior quarter.
  • In the past five years, Acquisitions ranged from a high of $39.4 million in Q3 2025 to a low of -$1.4 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -170.20 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn -
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn -
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn -
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn -
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 446.95 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 39.37 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn -
10 Upwork 1.12 Bn 542.56 Mn 150.84 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 -1.44 Mn
Sep 30, 2025 39.44 Mn
Dec 31, 2024 14.33 Mn