Upwork (UPWK) Acquisitions (2024 - 2025)
Upwork (UPWK) posted quarterly Acquisitions of -$1.4 million for Q4 2025, down 110.05% year-over-year from $14.3 million in Q4 2024, and down 103.65% quarter-over-quarter from $39.4 million in Q3 2025.
Analysis
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 for Q4 2025 stood at -$1.4 million, down from $39.4 million in the prior quarter.
- The five-year high for Acquisitions was $39.4 million in Q3 2025, with the low at -$1.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | - |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | - |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -81.40 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | - | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | - | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | - |
| 10 | Upwork | 1.12 Bn | 501.02 Mn | 146.37 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -1.44 Mn |
| Sep 30, 2025 | 39.44 Mn |
| Dec 31, 2024 | 14.33 Mn |