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

Upwork's Shares Outstanding (Diluted Average) history runs 8 years deep, the most recent figure standing at $135.7 million for Q1 2026.

• In Q1 2026, Shares Outstanding (Diluted Average) fell 4.99% year-over-year to $135.7 million; the TTM figure through Mar 2026 stood at $135.7 million (down 4.99% YoY), while the FY2025 annual figure was $140.7 million, down 1.74% from the prior year.
• Shares Outstanding (Diluted Average) was $135.7 million for Q1 2026 at Upwork, down from $140.7 million in the prior quarter.
• In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $143.7 million in Q1 2024 to a low of $129.4 million in Q1 2022.
• Historically, Shares Outstanding (Diluted Average) has averaged $137.3 million across 5 years, with a median of $137.3 million in 2023.
• The sharpest annual moves came in 2024 and 2026: Shares Outstanding (Diluted Average) advanced 5.66% in 2024, then decreased 4.99% in 2026.
• A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $130.5 million in 2022, then rose by 5.17% to $137.3 million in 2023, then climbed by 4.29% to $143.2 million in 2024, then retreated by 1.74% to $140.7 million in 2025, then fell by 3.56% to $135.7 million in 2026.
• The last three Shares Outstanding (Diluted Average) figures came in at $135.7 million (Q1 2026), $140.7 million (Q4 2025), and $140.9 million (Q3 2025), per Business Quant data.