Upwork (UPWK) Deferred Taxes (2024 - 2026)
Upwork (UPWK) recorded quarterly Deferred Taxes of $93000.0 in 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 was $93000.0 for Q1 2026 at Upwork, down from $18.9 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $18.9 million in Q4 2025 to a low of -$129.3 million in Q4 2024.
- Historically, Deferred Taxes has averaged -$22.1 million across 3 years, with a median of $93000.0 in 2026.
- Biggest YoY gain for Deferred Taxes was 114.62% in 2025; the steepest drop was 114.62% in 2025.
- A 3-year view of Deferred Taxes shows it stood at -$129.3 million in 2024, then soared by 114.62% to $18.9 million in 2025, then plunged by 99.51% to $93000.0 in 2026.
- The last three Deferred Taxes figures came in at $93000.0 (Q1 2026), $18.9 million (Q4 2025), and -$2.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | -7.80 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 6.92 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 123.00 Mn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | - |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | - | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 5.33 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | - |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | - |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | - |
| 10 | Upwork | 1.12 Bn | 542.56 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 |