Upwork (UPWK) Tax Provisions (2017 - 2026)
Upwork's Tax Provisions was $6.73 million in Q3 2026, up 6.2% from $6.34 million a year earlier and up 0.5% from the prior quarter.
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Analysis
Upwork (UPWK) Tax Provisions (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Upwork's Tax Provisions was $38.1 million through Sep 30, 2026; for FY2025, it came in at $37.75 million.
- Tax Provisions shows a five-year compound annual growth rate of 202.1% (FY2020 to FY2025).
- In earlier years, Tax Provisions was -$125.16 million in FY2024, $1.99 million in FY2023 (+271.3%), $536,000 in FY2022 (+339.3%) and $122,000 in FY2021 (-18.7%).
- Quarterly Tax Provisions has moved between -$128.8 million (Q4 2024) and $18.42 million (Q4 2025) over five years.
- Compared with a year earlier, Tax Provisions was higher in five of the last six quarters, with growth averaging 216.3%.
- The best year-over-year quarter for Tax Provisions over five years was Q4 2022 (growth of 598.4%); the worst was Q2 2024 (a decline of 35.4%).
- Per Business Quant data, UPWK's Tax Provisions in the three quarters before Q3 2026 was $6.7 million (Q2 2026), $6.25 million (Q1 2026) and $18.42 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 5.89 Bn |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 3.14 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 652.98 Mn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | -1.89 Bn |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | 37.00 Mn |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 244.00 Mn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 305.03 Mn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | 215.13 Mn |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 706.00 Mn |
| 10 | Upwork | 1.22 Bn | -951.96 Mn | 141.30 Mn | 6.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.73 Mn |
| Jun 30, 2026 | 6.70 Mn |
| Mar 31, 2026 | 6.25 Mn |
| Dec 31, 2025 | 18.42 Mn |
| Sep 30, 2025 | 6.34 Mn |
| Jun 30, 2025 | 5.72 Mn |
| Mar 31, 2025 | 7.30 Mn |
| Dec 31, 2024 | -128.80 Mn |
| Sep 30, 2024 | 1.13 Mn |
| Jun 30, 2024 | 1.20 Mn |
| Mar 31, 2024 | 1.33 Mn |
| Dec 31, 2023 | -1.56 Mn |
| Sep 30, 2023 | 895,000.00 |
| Jun 30, 2023 | 1.86 Mn |
| Mar 31, 2023 | 795,000.00 |
| Dec 31, 2022 | 440,000.00 |
| Sep 30, 2022 | 40,000.00 |
| Jun 30, 2022 | 27,000.00 |
| Mar 31, 2022 | 29,000.00 |
| Dec 31, 2021 | 63,000.00 |
API Access
Upwork Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=UPWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "UPWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();