Upwork Inc. (UPWK) Tax Rate: 24.65%
Is Upwork Inc.’s tax rate high or low?
Upwork Inc.'s tax rate of 24.65% is 233% above its 5-year average of -18.53%, near the high end of its 5-year range (-138.41%–24.65%).
143.34% above its 12-month average of -56.88%.
UPWK Tax Rate Chart
UPWK Average Tax Rate Chart
UPWK Current vs Average Tax Rate Chart
UPWK Tax Rate Metrics
TAX RATE
24.65%
TAX RATE AVG TTM
-56.88%
TAX RATE AVG 3Y
-27.57%
TAX RATE AVG 5Y
-18.53%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+143.34%
CURRENT VS 3Y AVG
+189.40%
CURRENT VS 5Y AVG
+233.04%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Upwork Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Upwork Inc. Tax Rate FAQ
- What is the tax rate for Upwork Inc. (UPWK)?
- The tax rate for UPWK stock is 24.65%.
- Is Upwork Inc.'s tax rate high or low?
- Upwork Inc.'s tax rate of 24.65% is 233% above its 5-year average of -18.53%, near the high end of its 5-year range (-138.41%–24.65%).
- What is the TTM average tax rate for Upwork Inc. (UPWK)?
- The TTM average tax rate for UPWK stock is -56.88%.
- What is the 3Y average tax rate for Upwork Inc. (UPWK)?
- The 3Y average tax rate for UPWK stock is -27.57%.
- What is the 5Y average tax rate for Upwork Inc. (UPWK)?
- The 5Y average tax rate for UPWK stock is -18.53%.
Upwork Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 24.65% |
| 2024-12-31 | -138.41% |
| 2023-12-31 | 4.07% |
| 2022-12-31 | -0.60% |
| 2021-12-31 | -0.22% |
| 2020-12-31 | -0.66% |
| 2019-12-31 | -0.17% |
| 2018-12-31 | -0.08% |
| 2017-12-31 | 0.53% |
| 2016-12-31 | 0.01% |
Related Metrics
About Upwork Inc.
Upwork Inc., operating alongside its subsidiaries, provides a leading online work marketplace that connects businesses globally with independent professionals and agencies, spanning the United States, India, the Philippines, and other international markets. The platform grants clients access to a vast and diverse pool of talent, covering a wide array of specializations. These include key areas like sales and marketing, customer service, data science and analytics, creative design, and various aspects of web, mobile, and software development. Beyond talent acquisition, the marketplace also streamlines key operational workflows for businesses, such as sourcing candidates, managing outreach, and facilitating contract agreements. To support effective remote collaborations, Upwork offers a suite of functionalities, including robust communication and collaboration tools, simplified invoicing directly through the platform, and comprehensive payment protection. Upwork's marketplace offerings encompass various service tiers, such as Upwork Basic, Plus, Enterprise, and Payroll solutions, alongside managed and internet escrow agency services. Originally incorporated in 2013 and initially known as Elance-oDesk, Inc., the company rebranded to Upwork Inc. in May 2015. It maintains its headquarters in San Francisco, California.
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- CEO
- Hayden Brown