PATH · Uipath, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $356.62M | $411.11M | $361.73M | $335.11M | $354.65M | $316.25M | $289.59M | $325.92M | $287.31M | $245.07M |
| Cost of Revenue | $63.86M | $68.81M | $64.38M | $55.33M | $63.76M | $63.32M | $43.67M | $49.92M | $48.99M | $45.02M |
| Gross Profit | $292.77M | $342.30M | $297.35M | $279.79M | $290.89M | $252.93M | $245.92M | $276.00M | $238.32M | $200.05M |
| R&D | $94.84M | $96.87M | $98.34M | $85.60M | $96.98M | $98.43M | $75.34M | $84.51M | $86.61M | $68.69M |
| SG&A | $54.68M | $53.17M | $52.89M | $63.51M | $50.09M | $63.52M | $56.58M | $56.02M | $59.58M | $57.53M |
| Total Operating Expenses | $309.18M | $329.23M | $317.53M | $329.25M | $334.25M | $356.28M | $292.33M | $331.82M | $315.91M | $316.00M |
| D&A | $3.25M | $1.50M | $1.20M | $4.90M | $2.10M | $2.30M | $5.62M | $2.70M | $2.80M | $4.04M |
| Operating Income | ($16.41M) | $13.07M | ($20.18M) | ($49.47M) | ($43.36M) | ($103.35M) | ($46.41M) | ($55.82M) | ($77.58M) | ($115.95M) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $2.83M | ($174.25M) | $1.74M | $3.78M | ($14.84M) | $3.83M | $3.63M | $3.93M | $3.83M | $4.79M |
| Net Income | ($22.55M) | $198.84M | $1.58M | ($28.74M) | ($10.65M) | ($86.10M) | ($31.90M) | ($31.54M) | ($60.36M) | ($122.56M) |
| EPS - Basic | ($0.04) | $0.37 | $0.00 | ($0.05) | ($0.02) | ($0.15) | ($0.06) | ($0.06) | ($0.11) | ($0.23) |
| EPS - Diluted | ($0.04) | $0.37 | $0.00 | ($0.05) | ($0.02) | ($0.15) | ($0.06) | ($0.06) | ($0.11) | ($0.23) |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $871.16M | $743.66M | $628.62M | $879.20M | $773.63M | $939.31M | $1.06B | $1.00B | $1.09B | $1.40B |
| Accounts Receivable | $488.26M | $366.76M | $269.81M | $451.13M | $336.14M | $267.71M | $436.30M | $373.09M | $226.33M | $374.22M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $10.16M | $14.28M | $19.74M | $33.18M | $18.43M | $9.91M | $3.45M | $13.66M | $1.89M | $8.89M |
| Current Assets | $2.24B | $2.09B | $2.03B | $2.34B | $2.18B | $2.27B | $2.58B | $2.43B | $2.30B | $2.34B |
| Total Assets | $3.18B | $2.90B | $2.59B | $2.87B | $2.66B | $2.70B | $2.95B | $2.79B | $2.67B | $2.74B |
| Current Liabilities | $905.42M | $788.70M | $738.42M | $798.92M | $695.47M | $632.50M | $711.69M | $627.68M | $518.14M | $626.45M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.10B | $971.36M | $926.61M | $1.02B | $931.45M | $867.75M | $938.64M | $825.85M | $686.77M | $815.05M |
| Stockholders' Equity | $2.08B | $1.92B | $1.67B | $1.85B | $1.73B | $1.83B | $2.02B | $1.96B | $1.98B | $1.92B |
| Retained Earnings | ($1.71B) | ($1.81B) | ($2.01B) | ($1.99B) | ($2.04B) | ($2.03B) | ($1.91B) | ($1.95B) | ($1.92B) | ($1.82B) |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $119.00M | - | - | $100.04M | - | - | $67.34M | - | - | ($52.88M) |
| Investing Cash Flow | ($79.92M) | - | - | $35.77M | - | - | ($135.55M) | - | - | ($15.70M) |
| Financing Cash Flow | ($235.20M) | - | - | ($45.74M) | - | - | ($20.63M) | - | - | ($18.19M) |
| CapEx | $12.83M | - | - | $1.24M | - | - | $1.87M | - | - | $9.69M |
| Free Cash Flow | $106.17M | - | - | $98.80M | - | - | $65.47M | - | - | ($62.58M) |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 82.1% | 83.3% | 82.2% | 83.5% | 82.0% | 80.0% | 84.9% | 84.7% | 82.9% | 81.6% |
| Operating margin | -4.6% | 3.2% | -5.6% | -14.8% | -12.2% | -32.7% | -16.0% | -17.1% | -27.0% | -47.3% |
| EBITDA margin | -3.7% | 3.5% | -5.2% | -13.3% | -11.6% | -32.0% | -14.1% | -16.3% | -26.0% | -45.7% |
| Net margin | -6.3% | 48.4% | 0.4% | -8.6% | -3.0% | -27.2% | -11.0% | -9.7% | -21.0% | -50.0% |
| Free cash flow margin | 29.8% | - | - | 29.5% | - | - | 22.6% | - | - | -25.5% |
| FCF / Net income | -4.71 | - | - | -3.44 | - | - | -2.05 | - | - | 0.51 |
| R&D / Revenue | 26.6% | 23.6% | 27.2% | 25.5% | 27.3% | 31.1% | 26.0% | 25.9% | 30.1% | 28.0% |
| SG&A / Revenue | 15.3% | 12.9% | 14.6% | 19.0% | 14.1% | 20.1% | 19.5% | 17.2% | 20.7% | 23.5% |
| Effective tax rate | - | -708.6% | 52.4% | - | - | - | - | - | - | - |
| Return on assets | -0.7% | 6.9% | 0.1% | -1.0% | -0.4% | -3.2% | -1.1% | -1.1% | -2.3% | -4.5% |
| Return on equity | -1.1% | 10.3% | 0.1% | -1.6% | -0.6% | -4.7% | -1.6% | -1.6% | -3.0% | -6.4% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.48 | 2.65 | 2.75 | 2.93 | 3.13 | 3.60 | 3.63 | 3.87 | 4.45 | 3.74 |
| Quick ratio | 2.48 | 2.65 | 2.75 | 2.93 | 3.13 | 3.60 | 3.63 | 3.87 | 4.45 | 3.74 |
| Cash ratio | 0.96 | 0.94 | 0.85 | 1.10 | 1.11 | 1.49 | 1.49 | 1.60 | 2.11 | 2.24 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.53 | 1.50 | 1.56 | 1.55 | 1.54 | 1.47 | 1.47 | 1.42 | 1.35 | 1.42 |
| Liabilities / Assets | 0.34 | 0.34 | 0.36 | 0.36 | 0.35 | 0.32 | 0.32 | 0.30 | 0.26 | 0.30 |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | 0.14 | 0.14 | 0.12 | 0.13 | 0.12 | 0.10 | 0.12 | 0.11 | 0.09 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 500d | 326d | 272d | 491d | 346d | 309d | 550d | 418d | 288d | 557d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 58d | 76d | 112d | 219d | 105d | 57d | 29d | 100d | 14d | 72d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | 42.9x | - | - | - | - | - | - | - | - |
| P / B | 3.3x | 4.4x | 3.8x | 4.4x | 3.9x | 3.8x | 6.4x | 4.5x | 5.1x | 4.3x |
| P / S | 19.4x | 20.8x | 17.6x | 24.2x | 19.2x | 21.9x | 44.3x | 27.0x | 35.4x | 34.0x |
| EV / EBITDA | - | 535.7x | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 6.4% | 15.9% | 14.4% | 15.7% | 8.8% | 10.1% | 18.2% | 24.0% | 18.6% | 116.7% |
| Revenue CAGR (3y) | 13.3% | 16.1% | 14.3% | 43.6% | 17.1% | 17.4% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 4.6% | 17.7% | 17.6% | 13.8% | 5.4% | 6.1% | 22.9% | 25.5% | 20.6% | 101.1% |
| Operating income growth (YoY) | 66.8% | - | 80.5% | -6.6% | 22.3% | -33.2% | 60.0% | 16.7% | 35.4% | -158.4% |
| Net income growth (YoY) | 21.5% | - | - | 9.9% | 66.2% | -42.6% | 74.0% | 45.4% | 49.9% | -131.9% |
| EPS growth (YoY) | 20.0% | - | - | 16.7% | 66.7% | -36.4% | 73.9% | 40.0% | 50.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 7.5% | - | - | 50.9% | - | - | - | - | - | -154.5% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 12.8% | 11.1% | -9.2% | -8.4% | -11.7% | -7.6% | 5.0% | 5.5% | 7.2% | -0.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-31.
Business segments
$1.61B totalReportable Segment$1.61B · 100.0%
Product / service
$1.61B totalSubscription Services$954.47M · 59.3%
License$606.39M · 37.7%
Professional Services And Other$49.71M · 3.1%
Geographic
$1.61B totalAmericas$798.57M · 49.6%
EMEA$527.75M · 32.8%
Asia Pacific$284.25M · 17.6%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing UiPath against the 5 most active filers in the same SIC group.