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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | - | |
| 6 | 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| Date | Value |
|---|---|
| Dec 31, 2025 | -1.44 Mn |
| Sep 30, 2025 | 39.44 Mn |
| Dec 31, 2024 | 14.33 Mn |