Growth Metrics

Upwork (UPWK) Equity Average (2018 - 2026)

Upwork has reported Equity Average over the past 8 years, most recently at $629.2 million for Q4 2025.

  • For Q4 2025, Equity Average rose 27.56% year-over-year to $629.2 million; the TTM value through Dec 2025 reached $629.2 million, up 27.56%, while the annual FY2025 figure was $602.8 million, 26.06% up from the prior year.
  • Equity Average for Q4 2025 was $629.2 million at Upwork, up from $618.4 million in the prior quarter.
  • Over five years, Equity Average peaked at $629.2 million in Q4 2025 and troughed at $244.5 million in Q3 2022.
  • A 5-year average of $371.9 million and a median of $316.0 million in 2021 define the central range for Equity Average.
  • Biggest five-year swings in Equity Average: fell 19.28% in 2022 and later skyrocketed 69.44% in 2025.
  • Year by year, Equity Average stood at $262.2 million in 2021, then dropped by 6.27% to $245.7 million in 2022, then soared by 47.32% to $362.0 million in 2023, then surged by 36.26% to $493.3 million in 2024, then grew by 27.56% to $629.2 million in 2025.
  • Business Quant data shows Equity Average for UPWK at $629.2 million in Q4 2025, $618.4 million in Q3 2025, and $601.5 million in Q2 2025.