diff --git a/includes/admin/helper/class-wc-helper-updater.php b/includes/admin/helper/class-wc-helper-updater.php
index 19ad4f097ec..ff52dcf3a5c 100644
--- a/includes/admin/helper/class-wc-helper-updater.php
+++ b/includes/admin/helper/class-wc-helper-updater.php
@@ -17,6 +17,7 @@ class WC_Helper_Updater {
 	public static function load() {
 		add_action( 'pre_set_site_transient_update_plugins', array( __CLASS__, 'transient_update_plugins' ), 21, 1 );
 		add_action( 'pre_set_site_transient_update_themes', array( __CLASS__, 'transient_update_themes' ), 21, 1 );
+		add_action( 'upgrader_process_complete', array( __CLASS__, 'upgrader_process_complete' ) );
 	}
 
 	/**
@@ -235,6 +236,11 @@ class WC_Helper_Updater {
 	 * @return int The number of products with updates.
 	 */
 	public static function get_updates_count() {
+		$cache_key = '_woocommerce_helper_updates_count';
+		if ( false !== ( $count = get_transient( $cache_key ) ) ) {
+			return $count;
+		}
+
 		// Don't fetch any new data since this function in high-frequency.
 		if ( ! get_transient( '_woocommerce_helper_subscriptions' ) ) {
 			return 0;
@@ -244,12 +250,37 @@ class WC_Helper_Updater {
 			return 0;
 		}
 
-		$data = self::get_update_data();
-		if ( empty( $data ) ) {
+		$update_data = self::get_update_data();
+		if ( empty( $update_data ) ) {
 			return 0;
 		}
 
-		return count( $data );
+		$count = 0;
+
+		// Scan local plugins.
+		foreach ( WC_Helper::get_local_woo_plugins() as $plugin ) {
+			if ( empty( $update_data[ $plugin['_product_id'] ] ) ) {
+				continue;
+			}
+
+			if ( version_compare( $plugin['Version'], $update_data[ $plugin['_product_id'] ]['version'], '<' ) ) {
+				$count++;
+			}
+		}
+
+		// Scan local themes.
+		foreach ( WC_Helper::get_local_woo_themes() as $theme ) {
+			if ( empty( $update_data[ $theme['_product_id'] ] ) ) {
+				continue;
+			}
+
+			if ( version_compare( $theme['Version'], $update_data[ $theme['_product_id'] ]['version'], '<' ) ) {
+				$count++;
+			}
+		}
+
+		set_transient( $cache_key, $count, 12 * HOUR_IN_SECONDS );
+		return $count;
 	}
 
 	/**
@@ -257,6 +288,14 @@ class WC_Helper_Updater {
 	 */
 	public static function flush_updates_cache() {
 		delete_transient( '_woocommerce_helper_updates' );
+		delete_transient( '_woocommerce_helper_updates_count' );
+	}
+
+	/**
+	 * Fires when a user successfully updated a theme or a plugin.
+	 */
+	public static function upgrader_process_complete() {
+		delete_transient( '_woocommerce_helper_updates_count' );
 	}
 }