Upwork (UPWK) Shares Outstanding (Weighted Average) (2017 - 2026)

Upwork (UPWK) recorded quarterly Shares Outstanding (Weighted Average) of $128.1 million in Q1 2026, down 3.3% quarter-over-quarter from $132.5 million in Q4 2025, and down 5.25% on a YoY basis from $135.2 million in Q1 2025.

Upwork (UPWK) Shares Outstanding (Weighted Average) (2017 - 2026) Analysis & Trends

Upwork's Shares Outstanding (Weighted Average) history runs 10 years deep, the most recent figure standing at $128.1 million for Q1 2026.

  • In Q1 2026, Shares Outstanding (Weighted Average) fell 5.25% year-over-year to $128.1 million; the TTM figure through Mar 2026 stood at $128.1 million (down 5.25% YoY), while the FY2025 annual figure was $132.5 million, down 0.85% from the prior year.
  • Shares Outstanding (Weighted Average) was $128.1 million for Q1 2026 at Upwork, down from $132.5 million in the prior quarter.
  • In the past five years, Shares Outstanding (Weighted Average) ranged from a high of $136.4 million in Q1 2024 to a low of $128.1 million in Q1 2026.
  • Historically, Shares Outstanding (Weighted Average) has averaged $132.5 million across 5 years, with a median of $132.6 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: Shares Outstanding (Weighted Average) increased 3.26% in 2023, then decreased 5.25% in 2026.
  • A 5-year view of Shares Outstanding (Weighted Average) shows it stood at $130.5 million in 2022, then advanced by 3.26% to $134.8 million in 2023, then fell by 0.86% to $133.6 million in 2024, then fell by 0.85% to $132.5 million in 2025, then slipped by 3.3% to $128.1 million in 2026.
  • The last three Shares Outstanding (Weighted Average) figures came in at $128.1 million (Q1 2026), $132.5 million (Q4 2025), and $132.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Weighted Avg.) (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 8,400.00 Bn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 12.10 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 2.53 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 240.84 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 191.52 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 636.59 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 927.66 Mn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 1.69 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 235.68 Mn
10 Upwork 1.12 Bn 542.56 Mn 150.84 Mn 128.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 128.12 Mn
Dec 31, 2025 132.49 Mn
Sep 30, 2025 131.99 Mn
Jun 30, 2025 132.18 Mn
Mar 31, 2025 135.21 Mn
Dec 31, 2024 133.62 Mn
Sep 30, 2024 132.60 Mn
Jun 30, 2024 133.81 Mn
Mar 31, 2024 136.36 Mn
Dec 31, 2023 134.77 Mn
Sep 30, 2023 134.15 Mn
Jun 30, 2023 133.49 Mn
Mar 31, 2023 132.84 Mn
Dec 31, 2022 130.52 Mn
Sep 30, 2022 130.83 Mn
Jun 30, 2022 130.06 Mn
Mar 31, 2022 129.36 Mn
Dec 31, 2021 127.16 Mn
Sep 30, 2021 127.91 Mn
Jun 30, 2021 126.74 Mn