Upwork (UPWK) Change in Acquisitions & Divestments (2019 - 2025)

Upwork's Change in Acquisitions & Divestments history runs 6 years deep, the most recent figure standing at $117.7 million for Q4 2025.

• In Q4 2025, Change in Acquisitions & Divestments fell 3.22% year-over-year to $117.7 million; the TTM figure through Mar 2026 stood at $369.1 million (down 9.21% YoY), while the FY2025 annual figure was $420.4 million, down 13.65% from the prior year.
• Change in Acquisitions & Divestments was $117.7 million for Q4 2025 at Upwork, up from $70.3 million in the prior quarter.
• In the past five years, Change in Acquisitions & Divestments ranged from a high of $329.9 million in Q3 2024 to a low of -$96.4 million in Q2 2024.
• Historically, Change in Acquisitions & Divestments has averaged $103.7 million across 4 years, with a median of $119.7 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Change in Acquisitions & Divestments sank 156.96% in 2024, then soared 287.83% in 2025.
• A 4-year view of Change in Acquisitions & Divestments shows it stood at $15.0 million in 2021, then surged by 1218.35% to $197.8 million in 2023, then sank by 38.5% to $121.6 million in 2024, then fell by 3.22% to $117.7 million in 2025.
• The last three Change in Acquisitions & Divestments figures came in at $117.7 million (Q4 2025), $70.3 million (Q3 2025), and $181.0 million (Q2 2025), per Business Quant data.