Growth Metrics

Upwork (UPWK) Shares Outstanding (2017 - 2026)

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

  • For Q4 2025, Shares Outstanding fell 3.55% year-over-year to $130.5 million; the TTM value through Dec 2025 reached $130.5 million, down 3.55%, while the annual FY2025 figure was $130.5 million, 3.55% down from the prior year.
  • Shares Outstanding for Q4 2025 was $130.5 million at Upwork, down from $131.4 million in the prior quarter.
  • Over five years, Shares Outstanding peaked at $137.3 million in Q4 2023 and troughed at $126.0 million in Q1 2021.
  • A 5-year average of $132.0 million and a median of $132.2 million in 2022 define the central range for Shares Outstanding.
  • Biggest five-year swings in Shares Outstanding: increased 9.66% in 2021 and later dropped 3.55% in 2025.
  • Year by year, Shares Outstanding stood at $129.1 million in 2021, then grew by 2.51% to $132.4 million in 2022, then increased by 3.71% to $137.3 million in 2023, then dropped by 1.4% to $135.3 million in 2024, then decreased by 3.55% to $130.5 million in 2025.
  • Business Quant data shows Shares Outstanding for UPWK at $130.5 million in Q4 2025, $131.4 million in Q3 2025, and $132.5 million in Q2 2025.