Company / Income Tax
Upwork, Inc. Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$37.8M
FY2025
5-year range
-$125.2M / $37.8M
FY2021-FY2025
Trend
+130.2%
vs FY2024
Sector context
#194 of 357
Industrials
What the data says
At $38M, Upwork, Inc.'s income tax ranks #164 of 357 in the Industrials sector. Income Tax has fluctuated over the past 10 years, ranging from -$125M in FY2024 to $38M in FY2025.
Based on SEC 10-K filings.
$38M in FY2025 with a 5-year CAGR of +378.8%.
Increased from $2M to $38M over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +531.4%
- 5-Year CAGR
- +378.8%
- 10-Year CAGR
- -
Sector benchmark
#164 of 357 in IndustrialsTop 46% of 357This company $37.8M Sector average $123.9M
▼
-69.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +378.8%, indicating consistent growth.
- In FY2025, income tax increased 130.2% year-over-year.
- Ranks #194 out of 357 companies in the Industrials sector.
- Lowest income tax in the period was in FY2024.
Company context
Key Data Points
- Strong profit margin: 28.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $37.8M | +130.2% |
| FY2024 | -$125.2M | -6389.4% |
| FY2023 | $2.0M | +1226.7% |
| FY2022 | $150.0K | +435.7% |
| FY2021 | $28.0K | +86.7% |
| FY2020 | $15.0K | +168.2% |
| FY2019 | -$22.0K | -2100.0% |
| FY2018 | -$1.0K | +95.5% |
| FY2017 | -$22.0K | -2100.0% |
| FY2016 | -$1.0K | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026