Jul 2026 (Q2 FY27) — Sep 3, 2026
UiPath Q2 FY27 — Strong ARR Growth and Operating Margin Expansion Driven by AI Integration
Read the full callUiPath (PATH) earnings
- Jul 2026
- Jul 2026 (Q2 FY27)
- Jan 2026
UiPath earnings: last reported Thu, 3 Sep 2026, for the quarter ended Jul 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 410 | +13.4% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | 7.7 | +13.3 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | 36.1 | +2178.3% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Price
$13.12 +2.10% · +$0.27
Performance −15.0% 1Y
1Y: $15.44 on 17 Oct 2025 → $13.12. High $19.29 (8 Dec 2025), low $9.38 (10 Apr 2026).
- Previous close
- $12.85
- 52-week range
- $9.38 – $19.29
- One year
- −17.64%
Overview
- Symbol
- PATH
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Call summaries
Apr 2026 (Q1 FY27) — May 28, 2026
UiPath, Inc. Q1 FY27 — Strong Start with AI Adoption and Operational Efficiency
Read the full callJan 2026 (Q4 FY26) — Mar 11, 2026
UiPath Q4 FY26 — Strong Performance Driven by AI Product Adoption and Operational Efficiency
Read the full callEvery analysed call
UiPath earnings calls (PATH)
Financials
What the filings say
Net profit, year on year: +2178% (quarter to jul 2026 against jul 2025).
| Line item | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 355 | 424 | 357 | 362 | 411 | 481 | 418 | 410 |
| Operating profit | -43 | 34 | -16 | -20 | 13 | 80 | 28 | 32 |
| Operating margin | −12.2% | 7.9% | −4.6% | −5.6% | 3.2% | 16.7% | 6.7% | 7.7% |
| Profit before tax | -25 | 55 | -20 | 3 | 25 | 92 | 41 | 53 |
| Tax rate | 58.2% | 5.2% | −14.3% | 52.4% | −708.5% | −13.0% | 45.0% | 31.7% |
| Net profit | -11 | 52 | -23 | 2 | 199 | 104 | 23 | 36 |
| EPS ($ per share) | -0.02 | — | -0.04 | 0 | 0.37 | — | 0.04 | 0.07 |
| Line item | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|
| Reserves | — | -970 | -1,496 | -1,824 | -1,914 | -1,988 | -1,706 |
| Total liabilities | — | 448 | 651 | 815 | 939 | 1,020 | 1,097 |
| Fixed assets | — | 15 | 17 | 29 | 24 | 33 | 46 |
| Investments | — | 103 | 96 | 355 | 818 | 750 | 601 |
| Total assets | — | 866 | 2,572 | 2,735 | 2,955 | 2,865 | 3,179 |
| Line item | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -359 | 29 | -55 | -10 | 299 | 321 | 371 |
| Cash from investing | -40 | -126 | -35 | -289 | -440 | -46 | -22 |
| Cash from financing | 458 | 250 | 1,470 | -61 | -197 | -451 | -372 |
| Net cash flow | 62 | 137 | 1,398 | -367 | -340 | -182 | -8 |
| Capital expenditure | -16 | -2 | -9 | -24 | -7 | -15 | -19 |
| Free cash flow | -375 | 27 | -64 | -34 | 292 | 306 | 352 |
PATH revenue by segment
| Segment | Q2 FY2025 | Q3 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | Q2 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Reportable | — | — | 100% | 100% | 100% | 100% | 100% | 100% | +13.4% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
PATH operating KPIs by quarter
| KPI | Jan 2026 Q4 FY26 | Apr 2026 Q1 FY27 | Jul 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|---|
| Annual recurring revenue (ARR) | $1.853BFourth 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 | $1.901BFirst 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 | $1.938BThe 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 | — | ~$1.3BWe 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 | ~10.75KWe ended the quarter with approximately 10,750 customers.Source: earnings call transcript | ~10.55KWe ended the quarter with approximately 10,550 customers.Source: earnings call transcript | ~10.35KWe 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 | 2,565Customers 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 | 2,624Customers 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 | 2,666Customers 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 | 357Customers 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 | 374Customers 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 | 387Customers 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) | $1.475BRemaining performance obligations increased to $1.475 billion, up 19%.Source: earnings call transcript | $1.413BRemaining performance obligations increased to $1.413 billion, up 15%.Source: earnings call transcript | $1.378BRemaining 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 | $913MCurrent RPO increased to $913 million, up 13%.Source: earnings call transcript | $908MCurrent RPO increased to $908 million, up 17%.Source: earnings call transcript | $901MCurrent 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.
Revenue by region
Q2 FY2027 · share of revenue
- EMEA 33% ↑ 1 pt
- Asia Pacific 17% ↓ 1 pt
As PATH cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
113 filings between Oct 20, 2025 and Oct 12, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$61.76M
56 sales by 5 insiders
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 19
- Award — granted as compensation
- 29
- Tax withheld — shares kept back by the company to cover tax
Also filed: 7 other filings, 2 conversions.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Dines Daniel | — | $53.75M | Aug 19, 2026 |
| Gupta Ashim | — | $3.58M | Oct 2, 2026 |
| Malpani Raghavendra | — | $2.33M | Oct 9, 2026 |
| Ramani Hitesh | — | $1.22M | Aug 14, 2026 |
| Brubaker Brad | — | $885.3K | Oct 12, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 12, 2026 | Brubaker Brad Chief Legal & Admin Officer | Sale 10b5-1 plan | 27,404 | $373.6K |
| Oct 9, 2026 | Malpani Raghavendra CPO & CTO | Sale 10b5-1 plan | 29,564 | $399.3K |
| Oct 2, 2026 | Gupta Ashim COO | Sale 10b5-1 plan | 66,052 | $869.8K |
| Oct 1, 2026 | Malpani Raghavendra CPO & CTO | Tax withheld | 36,273 | $465.7K |
| Oct 1, 2026 | Ramani Hitesh Chief Financial Officer | Tax withheld | 1,323 | $17.0K |
| Oct 1, 2026 | Gupta Ashim COO | Tax withheld 10b5-1 plan | 56,625 | $727.1K |
| Oct 1, 2026 | Gupta Ashim COO | Tax withheld 10b5-1 plan | 12,266 | $157.5K |
| Oct 1, 2026 | Brubaker Brad Chief Legal & Admin Officer | Tax withheld | 6,211 | $79.7K |
| Oct 1, 2026 | Ramani Hitesh Chief Financial Officer | Tax withheld | 29,297 | $376.2K |
| Oct 1, 2026 | Brubaker Brad Chief Legal & Admin Officer | Tax withheld | 29,184 | $374.7K |
| Oct 1, 2026 | Malpani Raghavendra CPO & CTO | Tax withheld | 2,095 | $26.9K |
| Sep 17, 2026 | Malpani Raghavendra CPO & CTO | Sale 10b5-1 plan | 40,464 | $566.6K |
| Sep 16, 2026 | Malpani Raghavendra CPO & CTO | Sale 10b5-1 plan | 98,429 | $1.36M |
| Sep 11, 2026 | Gupta Ashim COO | Sale 10b5-1 plan | 117,339 | $1.63M |
| Sep 8, 2026 | Dines Daniel CEO and Chairman | Other | 5,000,000 | $0 |
| Sep 8, 2026 | Dines Daniel CEO and Chairman | Conversion | 5,000,000 | $0 |
| Sep 8, 2026 | Dines Daniel CEO and Chairman | Other | 5,000,000 | $0 |
| Sep 3, 2026 | Brubaker Brad Chief Legal & Admin Officer | Award | 300,000 | $0 |
| Sep 3, 2026 | Ramani Hitesh Chief Financial Officer | Award | 525,000 | $0 |
| Sep 3, 2026 | Ramani Hitesh Chief Financial Officer | Award | 130,368 | $0 |
| Sep 3, 2026 | Gupta Ashim COO | Award | 1,125,000 | $0 |
| Sep 3, 2026 | Malpani Raghavendra CPO & CTO | Award | 1,125,000 | $0 |
| Sep 3, 2026 | Bagli Yazdi Framroz Director | Award | 34,582 | $0 |
| Aug 19, 2026 | Dines Daniel CEO and Chairman | Sale 10b5-1 plan | 1,402,347 | $22.54M |
| Aug 14, 2026 | Ramani Hitesh Chief Accounting Officer | Sale 10b5-1 plan | 25,000 | $418.8K |
| Aug 13, 2026 | Ramani Hitesh Chief Accounting Officer | Sale 10b5-1 plan | 25,000 | $412.5K |
| Jul 1, 2026 | Ramani Hitesh Chief Accounting Officer | Tax withheld | 1,323 | $14.4K |
| Jul 1, 2026 | Brubaker Brad GC & Chief Legal Officer | Tax withheld | 6,211 | $67.5K |
| Jul 1, 2026 | Ramani Hitesh Chief Accounting Officer | Tax withheld | 7,657 | $83.2K |
| Jul 1, 2026 | Malpani Raghavendra CPO & CTO | Tax withheld | 25,837 | $280.8K |
| Jul 1, 2026 | Malpani Raghavendra CPO & CTO | Tax withheld | 2,095 | $22.8K |
| Jul 1, 2026 | Gupta Ashim COO & CFO | Tax withheld | 30,526 | $331.8K |
| Jul 1, 2026 | Gupta Ashim COO & CFO | Tax withheld | 12,266 | $133.3K |
| Jul 1, 2026 | Ramani Hitesh Chief Accounting Officer | Tax withheld | 7,657 | $83.2K |
| Jul 1, 2026 | Ramani Hitesh Chief Accounting Officer | Tax withheld | 1,323 | $14.4K |
| Jul 1, 2026 | Brubaker Brad GC & Chief Legal Officer | Tax withheld | 15,808 | $171.8K |
| Jun 25, 2026 | Springer Daniel D. Director | Award | 19,175 | $0 |
| Jun 25, 2026 | Terrell Karenann K Director | Award | 19,175 | $0 |
| Jun 25, 2026 | Wong Rich Director | Award | 19,175 | $0 |
| Jun 25, 2026 | Yang June Director | Award | 19,175 | $0 |
| Jun 25, 2026 | Botteri Philippe Director | Award | 19,175 | $0 |
| Jun 25, 2026 | Gordon Michael Lawrence Director | Award | 19,175 | $0 |
| Apr 1, 2026 | Malpani Raghavendra CPO & CTO | Award | 159,125 | $0 |
| Apr 1, 2026 | Malpani Raghavendra CPO & CTO | Tax withheld | 25,836 | $286.8K |
| Apr 1, 2026 | Malpani Raghavendra CPO & CTO | Tax withheld | 8,378 | $93.0K |
| Apr 1, 2026 | Gupta Ashim COO & CFO | Award | 306,748 | $0 |
| Apr 1, 2026 | Gupta Ashim COO & CFO | Tax withheld | 30,526 | $338.8K |
| Apr 1, 2026 | Gupta Ashim COO & CFO | Tax withheld | 49,063 | $544.6K |
| Apr 1, 2026 | Ramani Hitesh Chief Accounting Officer | Award | 123,466 | $0 |
| Apr 1, 2026 | Ramani Hitesh Chief Accounting Officer | Tax withheld | 17,974 | $199.5K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for UiPath, Inc.
Free account. Everything above stays public.
Write why you follow UiPath, Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading