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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Alphabet 4,165.61 Bn 3,736.57 Bn 73.85 Bn 20.62 Bn
2 Meta Platforms 1,523.46 Bn 1,433.20 Bn 49.47 Bn 1.45 Bn
3 Taboola.com 1,141.85 Bn 1,141.71 Bn 139.48 Mn -
4 Baidu 288.34 Bn 283.85 Bn 1.88 Mn -
5 Spotify Technology 103.44 Bn 93.20 Bn 1.75 Bn 252.88 Mn
6 Joyy 77.39 Bn 76.50 Bn 205.64 Mn -
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 -
8 Nebius 50.20 Bn 40.57 Bn 295.20 Mn -7.80 Mn
9 Reddit 30.00 Bn 27.22 Bn 734.60 Mn -
10 Upwork 1.07 Bn 490.68 Mn 150.84 Mn 93,000.00

Historic Data

Download Data
DateValue
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