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Upwork (UPWK) Shares Outstanding (Diluted Average) (2019 - 2026)

Upwork has reported Shares Outstanding (Diluted Average) over the past 7 years, most recently at $140.7 million for Q4 2025.

  • For Q4 2025, Shares Outstanding (Diluted Average) fell 1.74% year-over-year to $140.7 million; the TTM value through Dec 2025 reached $140.7 million, down 1.74%, while the annual FY2025 figure was $140.7 million, 1.74% down from the prior year.
  • Shares Outstanding (Diluted Average) for Q4 2025 was $140.7 million at Upwork, roughly flat from $140.9 million in the prior quarter.
  • Over five years, Shares Outstanding (Diluted Average) peaked at $143.7 million in Q1 2024 and troughed at $125.3 million in Q1 2021.
  • A 5-year average of $135.1 million and a median of $135.6 million in 2023 define the central range for Shares Outstanding (Diluted Average).
  • Biggest five-year swings in Shares Outstanding (Diluted Average): grew 8.77% in 2021 and later fell 1.74% in 2025.
  • Year by year, Shares Outstanding (Diluted Average) stood at $127.2 million in 2021, then increased by 2.64% to $130.5 million in 2022, then grew by 5.17% to $137.3 million in 2023, then grew by 4.29% to $143.2 million in 2024, then fell by 1.74% to $140.7 million in 2025.
  • Business Quant data shows Shares Outstanding (Diluted Average) for UPWK at $140.7 million in Q4 2025, $140.9 million in Q3 2025, and $141.9 million in Q2 2025.