Upwork (UPWK) Tax Provisions (2017 - 2026)

Upwork's Tax Provisions history runs 10 years deep, the most recent figure standing at $6.2 million for Q1 2026.

• In Q1 2026, Tax Provisions fell 14.8% year-over-year to $6.2 million; the TTM figure through Mar 2026 stood at $36.6 million (up 130.74% YoY), while the FY2025 annual figure was $37.8 million, up 130.16% from the prior year.
• Tax Provisions was $6.2 million for Q1 2026 at Upwork, down from $18.4 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $18.4 million in Q4 2025 to a low of -$128.8 million in Q4 2024.
• Historically, Tax Provisions has averaged -$4.6 million across 5 years, with a median of $1.1 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Tax Provisions soared 6777.78% in 2023, then plunged 8169.75% in 2024.
• A 5-year view of Tax Provisions shows it stood at $440000.0 in 2022, then plunged by 453.86% to -$1.6 million in 2023, then slumped by 8169.75% to -$128.8 million in 2024, then soared by 114.3% to $18.4 million in 2025, then plunged by 66.33% to $6.2 million in 2026.
• The last three Tax Provisions figures came in at $6.2 million (Q1 2026), $18.4 million (Q4 2025), and $6.3 million (Q3 2025), per Business Quant data.