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Latest period

135.70M

YoY change

-2.6%

5Y CAGR

+3.3%

Peak year (2024)

143.15M

Shares Outstanding history chart for Upwork (UPWK) from 2016 to 2025

Latest: 139.41M

Shares Outstanding growth chart for Upwork (UPWK) from 2016 to 2025

Latest: -2.6%

Shares Outstanding history table for Upwork (UPWK) from 2016 to 2025

  • 2025139.41M-2.6%
  • 2024143.15M+4.3%
  • 2023137.26M+5.2%
  • 2022130.52M+2.6%
  • 2021127.16M+7.1%
  • 2020118.70M+8.1%
  • 2019109.81M+5.9%
  • 2018103.72M+8.1%
  • 201795.93M+195.3%
  • 201632.49M

Shares Outstanding values are taken from Upwork's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Shares Outstanding at Upwork (UPWK)

According to Upwork's latest reported financial statements, the company's latest reported diluted shares outstanding is 135.70M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Upwork (UPWK) diluted shares outstanding totalled 139.41M – edged down 2.6% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Upwork diluted shares outstanding compounded at +3.3% per year, with mixed annual results across the window.

Upwork diluted shares outstanding edged down from 143.15M in 2024 to 139.41M in 2025, a 2.6% drawdown.

143.15M stands as the all-time-high annual diluted shares outstanding, posted in 2024, against a low of 32.49M during 2016.

Upwork Shares Outstanding by Year

Upwork Shares Outstanding 2025: 139.41M

Upwork posted diluted shares outstanding of 139.41M in 2025, edged down 2.6% below 2024.

Upwork Shares Outstanding 2024: 143.15M

In 2024, Upwork reported diluted shares outstanding of 143.15M, edged up 4.3% from 2023. This figure represents the highest annual value in the available history.

Upwork Shares Outstanding 2023: 137.26M

Upwork diluted shares outstanding in 2023 was 137.26M, grew 5.2% from 2022.

Upwork Shares Outstanding 2022: 130.52M

2022's diluted shares outstanding for Upwork came in at 130.52M, edged up 2.6% from 2021.

Upwork Shares Outstanding 2021: 127.16M

Upwork diluted shares outstanding in 2021 was 127.16M.

See more financial history for Upwork (UPWK).

Sector peers by Shares Outstanding

Industrials peers of Upwork (UPWK), ranked by their latest diluted shares outstanding

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