KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Ratios

Upwork (UPWK) Tax Rate (2017 - 2026)

Upwork has reported Tax Rate over the past 9 years, most recently at 54.08% for Q4 2025.

  • For Q4 2025, Tax Rate rose 75497.0% year-over-year to 54.08%; the TTM value through Dec 2025 reached 24.63%, up 16306.0%, while the annual FY2025 figure was 24.64%, 16305.0% up from the prior year.
  • Tax Rate for Q4 2025 was 54.08% at Upwork, up from 17.77% in the prior quarter.
  • Over five years, Tax Rate peaked at 54.08% in Q4 2025 and troughed at 700.89% in Q4 2024.
  • A 5-year average of 33.69% and a median of 0.11% in 2021 define the central range for Tax Rate.
  • Biggest five-year swings in Tax Rate: plummeted -69104bps in 2024 and later skyrocketed 75497bps in 2025.
  • Year by year, Tax Rate stood at 0.28% in 2021, then crashed by -878bps to 2.74% in 2022, then crashed by -259bps to 9.84% in 2023, then plummeted by -7020bps to 700.89% in 2024, then skyrocketed by 108bps to 54.08% in 2025.
  • Business Quant data shows Tax Rate for UPWK at 54.08% in Q4 2025, 17.77% in Q3 2025, and 14.83% in Q2 2025.