Upwork Inc
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Upwork Inc
Revenue
Upwork Inc
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Upwork Inc
NASDAQ:UPWK
|
Revenue
$761.8m
|
CAGR 3-Years
17%
|
CAGR 5-Years
22%
|
CAGR 10-Years
N/A
|
||
Alight Inc
NYSE:ALIT
|
Revenue
$3.4B
|
CAGR 3-Years
8%
|
CAGR 5-Years
7%
|
CAGR 10-Years
N/A
|
||
Korn Ferry
NYSE:KFY
|
Revenue
$2.7B
|
CAGR 3-Years
7%
|
CAGR 5-Years
7%
|
CAGR 10-Years
10%
|
||
TriNet Group Inc
NYSE:TNET
|
Revenue
$5B
|
CAGR 3-Years
4%
|
CAGR 5-Years
6%
|
CAGR 10-Years
9%
|
||
Robert Half International Inc
NYSE:RHI
|
Revenue
$5.9B
|
CAGR 3-Years
-1%
|
CAGR 5-Years
0%
|
CAGR 10-Years
3%
|
||
ASGN Inc
NYSE:ASGN
|
Revenue
$4.2B
|
CAGR 3-Years
3%
|
CAGR 5-Years
2%
|
CAGR 10-Years
9%
|
Upwork Inc
Revenue Breakdown
Breakdown by Geography
Upwork Inc
Breakdown by Segments
Upwork Inc
Total Revenue:
689.1m
USD
|
Marketplace:
586.1m
USD
|
Enterprise And Managed Services:
103m
USD
|
Upwork Inc
Glance View
In the bustling digital marketplace, Upwork Inc. has carved out a unique niche connecting global freelancers with businesses seeking diverse talent. Born from the 2015 merger of Elance and oDesk, Upwork harnesses the power of the internet to bridge geographical divides, creating a seamless platform where freelancers offer their skills to companies of all sizes across the globe. Users are empowered to bid on projects spanning an array of categories, from graphic design and writing to software development and marketing. This digital ecosystem effectively taps into the gig economy, offering flexibility to employers and freelancers alike, and catering to the modern demand for remote work solutions. Upwork’s financial engine relies on a transactional revenue model, earning by charging a service fee on payments between freelancers and clients. This fee structure is tiered, beginning at 20% for the first $500 billed with a client and decreasing for higher billing amounts, incentivizing long-term collaborations. In addition, the platform offers a premium feature set—Upwork Enterprise—for larger businesses that require more robust solutions and personalized support. This combination of a scalable user fee system and premium service offerings underpins Upwork’s revenue strategy, positioning it as a pivotal player in the growing freelance economy.
See Also
What is Upwork Inc's Revenue?
Revenue
761.8m
USD
Based on the financial report for Sep 30, 2024, Upwork Inc's Revenue amounts to 761.8m USD.
What is Upwork Inc's Revenue growth rate?
Revenue CAGR 5Y
22%
Over the last year, the Revenue growth was 14%. The average annual Revenue growth rates for Upwork Inc have been 17% over the past three years , 22% over the past five years .