Upwork's Share-based Compensation rose 2727.94% to $17.4 million in Q4 2025 from the same period last year, while for Dec 2025 it was $65.4 million, marking a year-over-year decrease of 438.8%. This contributed to the annual value of $65.4 million for FY2025, which is 438.8% down from last year.
Latest data reveals that Upwork reported Share-based Compensation of $17.4 million as of Q4 2025, which was up 2727.94% from $19.8 million recorded in Q3 2025.
In the past 5 years, Upwork's Share-based Compensation registered a high of $20.4 million during Q3 2022, and its lowest value of $11.2 million during Q1 2021.
For the 5-year period, Upwork's Share-based Compensation averaged around $16.9 million, with its median value being $17.6 million (2023).
Per our database at Business Quant, Upwork's Share-based Compensation surged by 14955.69% in 2021 and then crashed by 2756.46% in 2025.
Quarter analysis of 5 years shows Upwork's Share-based Compensation stood at $14.9 million in 2021, then rose by 29.85% to $19.4 million in 2022, then decreased by 6.89% to $18.0 million in 2023, then fell by 24.46% to $13.6 million in 2024, then rose by 27.28% to $17.4 million in 2025.
Its Share-based Compensation was $17.4 million in Q4 2025, compared to $19.8 million in Q3 2025 and $16.0 million in Q2 2025.

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