Growth Metrics

Upwork (UPWK) Tax Rate (2017 - 2025)

Historic Tax Rate for Upwork (UPWK) over the last 9 years, with Q3 2025 value amounting to 17.77%.

  • Upwork's Tax Rate rose 138700.0% to 17.77% in Q3 2025 from the same period last year, while for Sep 2025 it was 18.24%, marking a year-over-year increase of 127100.0%. This contributed to the annual value of 138.41% for FY2024, which is 1424800.0% down from last year.
  • Latest data reveals that Upwork reported Tax Rate of 17.77% as of Q3 2025, which was up 138700.0% from 14.87% recorded in Q2 2025.
  • In the past 5 years, Upwork's Tax Rate ranged from a high of 17.77% in Q3 2025 and a low of 701.08% during Q4 2024
  • In the last 5 years, Upwork's Tax Rate had a median value of 0.11% in 2022 and averaged 38.3%.
  • The largest annual percentage gain for Upwork's Tax Rate in the last 5 years was 921500bps (2024), contrasted with its biggest fall of -6912300bps (2024).
  • Upwork's Tax Rate (Quarter) stood at 0.28% in 2021, then crashed by -878bps to 2.74% in 2022, then tumbled by -259bps to 9.84% in 2023, then crashed by -7022bps to 701.08% in 2024, then skyrocketed by 103bps to 17.77% in 2025.
  • Its Tax Rate was 17.77% in Q3 2025, compared to 14.87% in Q2 2025 and 16.22% in Q1 2025.