Upwork's Shares Outstanding (Weighted Average) fell 84.98% to $132.5 million in Q4 2025 from the same period last year, while for Dec 2025 it was $132.5 million, marking a year-over-year decrease of 84.98%. This contributed to the annual value of $132.5 million for FY2025, which is 84.98% down from last year.
As of Q4 2025, Upwork's Shares Outstanding (Weighted Average) stood at $132.5 million, which was down 84.98% from $133.1 million recorded in Q3 2025.
In the past 5 years, Upwork's Shares Outstanding (Weighted Average) ranged from a high of $136.4 million in Q1 2024 and a low of $125.3 million during Q1 2021
In the last 5 years, Upwork's Shares Outstanding (Weighted Average) had a median value of $133.0 million in 2023 and averaged $131.8 million.
As far as peak fluctuations go, Upwork's Shares Outstanding (Weighted Average) surged by 977.94% in 2021, and later crashed by 151.04% in 2024.
Upwork's Shares Outstanding (Weighted Average) (Quarter) stood at $127.2 million in 2021, then rose by 2.64% to $130.5 million in 2022, then rose by 3.26% to $134.8 million in 2023, then fell by 0.86% to $133.6 million in 2024, then decreased by 0.85% to $132.5 million in 2025.
Its Shares Outstanding (Weighted Average) stands at $132.5 million for Q4 2025, versus $133.1 million for Q3 2025 and $133.7 million for Q2 2025.

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