Upwork UPWK
NASDAQ UPWK
$9.03 +0.01 (+0.17%)
As of: Aug 31, 2026 · 3:59 PM EDT

Upwork (UPWK) Deferred Taxes (2024 - 2026)

Upwork (UPWK) posted quarterly Deferred Taxes of $93000.0 for Q1 2026, down 99.51% quarter-over-quarter from $18.9 million in Q4 2025.

Analysis

Upwork (UPWK) Deferred Taxes (2024 - 2026) Analysis & Trends

Upwork's Deferred Taxes history runs 3 years deep, the most recent figure standing at $93000.0 for Q1 2026.

  • In Q1 2026, Deferred Taxes changed N/A year-over-year to $93000.0; the TTM figure through Mar 2026 stood at $18.6 million (changed N/A YoY), while the FY2025 annual figure was $18.5 million, up 114.31% from the prior year.
  • Deferred Taxes for Q1 2026 stood at $93000.0, down from $18.9 million in the prior quarter.
  • The five-year high for Deferred Taxes was $18.9 million in Q4 2025, with the low at -$129.3 million in Q4 2024.
  • The 3-year median for Deferred Taxes is $93000.0 (2026), against an average of -$22.1 million.
  • Peak annual rise in Deferred Taxes reached 114.62% in 2025, while the deepest fall reached 114.62% in 2025.
  • Upwork's Deferred Taxes stood at -$129.3 million in 2024, then surged by 114.62% to $18.9 million in 2025, then tumbled by 99.51% to $93000.0 in 2026.
  • Business Quant data shows UPWK's Deferred Taxes at $93000.0 in Q1 2026, $18.9 million in Q4 2025, and -$2.5 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 20.62 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 1.45 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 203.41 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 8.00 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn -
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn -6.70 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 15.09 Mn
10 Upwork 1.12 Bn 501.02 Mn 146.37 Mn 1.54 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.54 Mn
Mar 31, 2026 93,000.00
Dec 31, 2025 18.89 Mn
Sep 30, 2025 -2.46 Mn
Jun 30, 2025 2.06 Mn
Dec 31, 2024 -129.26 Mn