GITNUX MARKETDATA REPORT 2024

Must-Know Upwork Statistics [Recent Analysis]

Statistic 1

"Upwork had $2.5 billion worth of freelance work done through its platform in 2019."

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Statistic 2

"Upwork facilitated over 175,000 assignments in Q3 2020."

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Statistic 3

"In 2020, Upwork’s annual revenue was $373.6 million."

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Statistic 4

"Upwork has users from over 180 countries."

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Statistic 5

"Upwork’s stock price has increased by more than 400% from April 2020 to April 2021."

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Statistic 6

"The average assignment cost on Upwork is $500."

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Statistic 7

"Upwork boasts over 5,000 skills across 70 work categories."

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Statistic 8

"72% of freelancers on Upwork have a bachelor’s or higher degree."

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Statistic 9

"Upwork’s gross margin was 72% for Q1 2021."

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Statistic 10

"Upwork’s core clients increased by 20% year-over-year in Q1 2021."

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Statistic 11

"Upwork’s platform has been used by over 30% of the Fortune 500 companies."

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