Growth Metrics

Upwork (UPWK) Shares Outstanding (2017 - 2025)

Upwork has reported Shares Outstanding over the past 9 years, most recently at $130.5 million for Q4 2025.

  • Quarterly results put Shares Outstanding at $130.5 million for Q4 2025, down 3.55% from a year ago — trailing twelve months through Dec 2025 was $130.5 million (down 3.55% YoY), and the annual figure for FY2025 was $130.5 million, down 3.55%.
  • Shares Outstanding for Q4 2025 was $130.5 million at Upwork, down from $131.4 million in the prior quarter.
  • Over the last five years, Shares Outstanding for UPWK hit a ceiling of $137.3 million in Q4 2023 and a floor of $126.0 million in Q1 2021.
  • Median Shares Outstanding over the past 5 years was $132.2 million (2022), compared with a mean of $132.0 million.
  • Biggest five-year swings in Shares Outstanding: grew 9.66% in 2021 and later fell 3.55% in 2025.
  • Upwork's Shares Outstanding stood at $129.1 million in 2021, then rose by 2.51% to $132.4 million in 2022, then grew by 3.71% to $137.3 million in 2023, then fell by 1.4% to $135.3 million in 2024, then dropped by 3.55% to $130.5 million in 2025.
  • The last three reported values for Shares Outstanding were $130.5 million (Q4 2025), $131.4 million (Q3 2025), and $132.5 million (Q2 2025) per Business Quant data.