UiPath (PATH) Q1 FY27 earnings call

Earnings call· Apr 2026 (Q1 FY27)· Information Technology· May 28, 2026

Source: earnings call transcript

UiPath delivered a strong start to fiscal 2027, exceeding guidance across key financial metrics, driven by robust AI adoption and disciplined operational execution. The company achieved its first GAAP profitable quarter, demonstrating improved efficiency while investing in strategic growth areas. The platform's unique ability to combine deterministic automation, agentic AI, and process orchestration is driving larger deals and deeper customer engagement, positioning UiPath for continued expansion in enterprise AI adoption.

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PATH operating KPIs by quarter

PATH operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Jan 2026 Q4 FY26	This call Apr 2026 Q1 FY27	Jul 2026 Q2 FY27	Change vs prior quarter
Annual recurring revenue (ARR)	$1.853B Fourth quarter ARR reached $1.853 billion, up 11% year-over-year, driven by $70 million of net new ARR and the revenue of $481 million, up 14% year-over-year. Source: earnings call transcript	$1.901B First quarter ARR reached $1.901 billion, up 12% year-over-year, driven by $49 million of net new ARR and revenue of $418 million, up 17% year-over-year. Source: earnings call transcript	$1.938B The ARR reached $1.938 billion, up 12% year-over-year, driven by $37 million of net new ARR and revenue of $410 million up 13% year-over-year. Source: earnings call transcript	+1.9%
Annual recurring revenue (ARR) Cloud	$1.2B+ We ended the year with over $1.2 billion in cloud ARR, which includes both hybrid and SaaS, up over 20% year-over-year. Source: earnings call transcript	—	~$1.3B We ended the quarter with approximately $1.3 billion in cloud ARR, which includes both hybrid and SaaS and an increase of more than 19%. Source: earnings call transcript	—
Customers	~10.75K We ended the quarter with approximately 10,750 customers. Source: earnings call transcript	~10.55K We ended the quarter with approximately 10,550 customers. Source: earnings call transcript	~10.35K We ended the quarter with approximately 10,350 customers with attrition continuing to be concentrated among our smallest customers, while customers with more than $30,000 in ARR increased 6% year-over-year. Source: earnings call transcript	—
Customers above an annual spend threshold ARR $100,000 or more	2,565 Customers with $100,000 or more in ARR increased to 2,565, while customers in $1 million or more in ARR increased to 357. Source: earnings call transcript	2,624 Customers with $100,000 or more in ARR increased 11% to 2,624 and customers with $1 million or more in ARR, increased 18% to 374. Source: earnings call transcript	2,666 Customers with $100,000 or more in ARR increased 10% to 2,666 while customers with $1 million or more in ARR, increased 21% to 387. Source: earnings call transcript	+1.6%
Customers above an annual spend threshold ARR $1 million or more	357 Customers with $100,000 or more in ARR increased to 2,565, while customers in $1 million or more in ARR increased to 357. Source: earnings call transcript	374 Customers with $100,000 or more in ARR increased 11% to 2,624 and customers with $1 million or more in ARR, increased 18% to 374. Source: earnings call transcript	387 Customers with $100,000 or more in ARR increased 10% to 2,666 while customers with $1 million or more in ARR, increased 21% to 387. Source: earnings call transcript	+3.5%
Dollar-based gross retention	97% Dollar-based gross retention was best-in-class at 97%, and our dollar-based net retention rate remained at 107%. Source: earnings call transcript	97% Our dollar-based gross retention -- gross retention rates remained best-in-class at 97% and our dollar-based net retention rate was 109%, underscoring the durability of our customer base as they embrace our agentic automation solutions. Source: earnings call transcript	97% Our dollar-based gross retention remained best-in-class at 97%, and our dollar-based net retention rate was 109%, a 2-point increase year-to-date, demonstrating stabilization across the business. Source: earnings call transcript	0 pt
Net revenue retention rate	107% Dollar-based gross retention was best-in-class at 97%, and our dollar-based net retention rate remained at 107%. Source: earnings call transcript	109% Our dollar-based gross retention -- gross retention rates remained best-in-class at 97% and our dollar-based net retention rate was 109%, underscoring the durability of our customer base as they embrace our agentic automation solutions. Source: earnings call transcript	109% Our dollar-based gross retention remained best-in-class at 97%, and our dollar-based net retention rate was 109%, a 2-point increase year-to-date, demonstrating stabilization across the business. Source: earnings call transcript	0 pt
Net revenue retention rate FX adjusted	106% Adjusting for FX, dollar-based net retention was 106%. Source: earnings call transcript	108% Adjusting for FX, dollar-based net retention rate was 108%, demonstrating stabilization across our business. Source: earnings call transcript	108% Adjusting for FX, dollar-based net retention rate was 108%. Source: earnings call transcript	0 pt
Remaining performance obligation (RPO)	$1.475B Remaining performance obligations increased to $1.475 billion, up 19%. Source: earnings call transcript	$1.413B Remaining performance obligations increased to $1.413 billion, up 15%. Source: earnings call transcript	$1.378B Remaining performance obligations increased to $1.378 billion, up 14% normalizing for the FX headwind, which was approximately $19 million, RPO grew 16%. Source: earnings call transcript	-2.5%
Remaining performance obligation (RPO) Current	$913M Current RPO increased to $913 million, up 13%. Source: earnings call transcript	$908M Current RPO increased to $908 million, up 17%. Source: earnings call transcript	$901M Current RPO increased to $901 million, up 14%. Source: earnings call transcript	-0.8%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

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