Upwork, Inc (UPWK) Tax Provisions (2017 - 2026)

Upwork (UPWK) has reported Tax Provisions for 10 consecutive years, with $6.2 million the latest figure, recorded in 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 came in at $6.2 million for Q1 2026 at Upwork, down from $18.4 million in the prior quarter.
• The five-year high for Tax Provisions was $18.4 million in Q4 2025, with the low at -$128.8 million in Q4 2024.
• Average Tax Provisions over 5 years is -$4.6 million, with a median of $1.1 million recorded in 2024.
• Across the five-year window, Tax Provisions soared 6777.78% in 2023 and sank 8169.75% in 2024, its largest moves.
• Year by year, Tax Provisions stood at $440000.0 in 2022, then sank by 453.86% to -$1.6 million in 2023, then tumbled by 8169.75% to -$128.8 million in 2024, then soared by 114.3% to $18.4 million in 2025, then sank by 66.33% to $6.2 million in 2026.
• According to Business Quant data, Tax Provisions over the past three periods registered $6.2 million, $18.4 million, and $6.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.