Upwork (UPWK) Long-Term Deferred Tax (2024 - 2026)

Upwork (UPWK) recorded quarterly Long-Term Deferred Tax of $111.4 million in Q1 2026, little changed quarter-over-quarter from $111.5 million in Q4 2025, and down 12.81% on a YoY basis from $127.8 million in Q1 2025.

Upwork (UPWK) Long-Term Deferred Tax (2024 - 2026) Analysis & Trends

Upwork's Long-Term Deferred Tax history runs 3 years deep, the most recent figure standing at $111.4 million for Q1 2026.

  • In Q1 2026, Long-Term Deferred Tax fell 12.81% year-over-year to $111.4 million; the TTM figure through Mar 2026 stood at $111.4 million (down 12.81% YoY), while the FY2025 annual figure was $111.5 million, down 13.42% from the prior year.
  • Long-Term Deferred Tax was $111.4 million for Q1 2026 at Upwork, roughly flat from $111.5 million in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $128.8 million in Q4 2024 to a low of $111.4 million in Q1 2026.
  • Historically, Long-Term Deferred Tax has averaged $121.9 million across 3 years, with a median of $125.9 million in 2025.
  • The sharpest annual moves came in 2025 and 2026: Long-Term Deferred Tax decreased 13.42% in 2025, then slipped 12.81% in 2026.
  • A 3-year view of Long-Term Deferred Tax shows it stood at $128.8 million in 2024, then slipped by 13.42% to $111.5 million in 2025, then retreated by 0.08% to $111.4 million in 2026.
  • The last three Long-Term Deferred Tax figures came in at $111.4 million (Q1 2026), $111.5 million (Q4 2025), and $125.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 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

Historic Data

Download Data
DateValue
Mar 31, 2026 111.40 Mn
Dec 31, 2025 111.50 Mn
Sep 30, 2025 125.07 Mn
Jun 30, 2025 126.72 Mn
Mar 31, 2025 127.76 Mn
Dec 31, 2024 128.78 Mn