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 | 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| Date | Value |
|---|---|
| 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 |