Upwork (UPWK) Share-based Compensation (2017 - 2026)
Upwork (UPWK) recorded quarterly Share-based Compensation of $15.4 million in Q1 2026, down 11.13% quarter-over-quarter from $17.4 million in Q4 2025, and up 25.66% on a YoY basis from $12.3 million in Q1 2025.
Upwork (UPWK) Share-based Compensation (2017 - 2026) Analysis & Trends
Upwork's Share-based Compensation history runs 10 years deep, the most recent figure standing at $15.4 million for Q1 2026.
- In Q1 2026, Share-based Compensation rose 25.66% year-over-year to $15.4 million; the TTM figure through Mar 2026 stood at $68.5 million (up 7.56% YoY), while the FY2025 annual figure was $65.4 million, down 4.39% from the prior year.
- Share-based Compensation was $15.4 million for Q1 2026 at Upwork, down from $17.4 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $20.4 million in Q3 2022 to a low of $12.3 million in Q1 2025.
- Historically, Share-based Compensation has averaged $17.6 million across 5 years, with a median of $18.0 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Share-based Compensation surged 2167.11% in 2022, then slipped 27.56% in 2025.
- A 5-year view of Share-based Compensation shows it stood at $19.4 million in 2022, then retreated by 6.89% to $18.0 million in 2023, then declined by 24.46% to $13.6 million in 2024, then grew by 27.28% to $17.4 million in 2025, then decreased by 11.13% to $15.4 million in 2026.
- The last three Share-based Compensation figures came in at $15.4 million (Q1 2026), $17.4 million (Q4 2025), and $19.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 35.30 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 6.75 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 6.03 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 65.56 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 68.34 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 231.45 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | - |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 250.04 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 81.00 Mn |
| 10 | Upwork | 1.12 Bn | 542.56 Mn | 150.84 Mn | 15.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.42 Mn |
| Mar 31, 2026 | 15.42 Mn |
| Dec 31, 2025 | 17.35 Mn |
| Dec 31, 2025 | 17.35 Mn |
| Sep 30, 2025 | 19.79 Mn |
| Sep 30, 2025 | 19.79 Mn |
| Jun 30, 2025 | 15.98 Mn |
| Jun 30, 2025 | 15.98 Mn |
| Mar 31, 2025 | 12.27 Mn |
| Mar 31, 2025 | 12.27 Mn |
| Dec 31, 2024 | 13.63 Mn |
| Dec 31, 2024 | 13.63 Mn |
| Sep 30, 2024 | 18.58 Mn |
| Sep 30, 2024 | 18.58 Mn |
| Jun 30, 2024 | 19.24 Mn |
| Jun 30, 2024 | 19.24 Mn |
| Mar 31, 2024 | 16.94 Mn |
| Mar 31, 2024 | 16.94 Mn |
| Dec 31, 2023 | 18.05 Mn |
| Dec 31, 2023 | 18.05 Mn |