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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 68.34 Mn
6 Pinterest 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
DateValue
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