PATH
UiPath, Inc.
Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for UiPath, Inc..
UiPath, Inc. provides an automation platform that combines robotic process automation, AI, process mining, and orchestration so organizations can automate repetitive digital work. Software is sold primarily by subscription to enterprises across industries.
Coverage
PATH Q2 FY2027 earnings preview
UiPath's own ARR guide implies $28-33 million of net new ARR in the July quarter, against $31 million a year ago and $49 million in April. The full-year guide asks for a second half that adds exactly what last year's did.
UiPath Joins Coverage at 48.2, Three Days Before a Quarter Its Own Guidance Puts Near 21.
UiPath joins coverage scoring 48.2 on the Rule of 40 in its April quarter. Its own July-quarter guidance implies roughly 21 — and the whole gap is cash-flow seasonality, not deterioration.
Where the revenue goes next
Latest: $410M (2027Q2)
| Period | Value |
|---|---|
| 2024Q1 | $290M |
| 2024Q2 | $287M |
| 2024Q3 | $326M |
| 2024Q4 | $405M |
| 2025Q1 | $335M |
| 2025Q2 | $316M |
| 2025Q3 | $355M |
| 2025Q4 | $424M |
| 2026Q1 | $357M |
| 2026Q2 | $362M |
| 2026Q3 | $411M |
| 2026Q4 | $481M |
| 2027Q1 | $418M |
| 2027Q2 | $410M |
Latest: $0.07 (2027Q2)
| Period | Value |
|---|---|
| 2024Q1 | -$0.06 |
| 2024Q2 | -$0.11 |
| 2024Q3 | -$0.06 |
| 2024Q4 | $0.06 |
| 2025Q1 | -$0.05 |
| 2025Q2 | -$0.15 |
| 2025Q3 | -$0.02 |
| 2025Q4 | $0.09 |
| 2026Q1 | -$0.04 |
| 2026Q2 | $0.00 |
| 2026Q3 | $0.37 |
| 2026Q4 | $0.19 |
| 2027Q1 | $0.04 |
| 2027Q2 | $0.07 |
Latest: 19.0 (2027Q2)
| Period | Value |
|---|---|
| 2024Q4 | n/m |
| 2025Q1 | n/m |
| 2025Q2 | n/m |
| 2025Q3 | n/m |
| 2025Q4 | n/m |
| 2026Q1 | n/m |
| 2026Q2 | 391.7 |
| 2026Q3 | 37.8 |
| 2026Q4 | 24.2 |
| 2027Q1 | 17.2 |
| 2027Q2 | 19.0 |
Latest: $29M (2027Q2)
| Period | Value |
|---|---|
| 2024Q1 | $65M |
| 2024Q2 | $43M |
| 2024Q3 | $41M |
| 2024Q4 | $142M |
| 2025Q1 | $99M |
| 2025Q2 | $45M |
| 2025Q3 | $23M |
| 2025Q4 | $139M |
| 2026Q1 | $106M |
| 2026Q2 | $42M |
| 2026Q3 | $25M |
| 2026Q4 | $179M |
| 2027Q1 | $129M |
| 2027Q2 | $29M |
Latest: 523M (2027Q2)
| Period | Value |
|---|---|
| 2024Q1 | 558M |
| 2024Q2 | 563M |
| 2024Q3 | 567M |
| 2025Q1 | 570M |
| 2025Q2 | 568M |
| 2025Q3 | 551M |
| 2026Q1 | 548M |
| 2026Q2 | 543M |
| 2026Q3 | 539M |
| 2027Q1 | 528M |
| 2027Q2 | 523M |
Latest: $1.11B (2027Q2)
| Period | Value |
|---|---|
| 2024Q1 | $65M |
| 2024Q2 | $109M |
| 2024Q3 | $150M |
| 2024Q4 | $292M |
| 2025Q1 | $391M |
| 2025Q2 | $435M |
| 2025Q3 | $459M |
| 2025Q4 | $597M |
| 2026Q1 | $704M |
| 2026Q2 | $745M |
| 2026Q3 | $770M |
| 2026Q4 | $950M |
| 2027Q1 | $1.08B |
| 2027Q2 | $1.11B |
Latest earnings
Company History
UiPath is first established in Bucharest, Romania, focused on building and managing automations, starting with computer-vision and user-interface technology that remains the foundation of the platform.
UiPath incorporates in Delaware and moves its centre of gravity to the United States, focusing the business on robotic process automation built on its computer-vision foundation.
UiPath prices 23.89 million Class A shares at $56.00 and begins trading on the New York Stock Exchange under PATH on 21 April 2021, one of the largest US software IPOs ever. The shares have traded below that price for most of the years since.
Robert Enslin resigns as chief executive and director on 23 May 2024, effective 1 June, and founder Daniel Dines takes back the CEO role. The company follows with restructuring, headcount reduction and an expanded stock repurchase authorisation.
UiPath acquires Peak AI Limited on 7 March 2025, makes its agentic automation platform generally available on 30 April 2025 with Maestro as the orchestration layer, and uses FUSION 2025 in Las Vegas that autumn to reposition itself as a business orchestration company rather than an RPA vendor.
UiPath closes fiscal 2026 with $1.61 billion of revenue and $282 million of GAAP net income, then reports GAAP operating income of $28 million in the quarter ended 30 April 2026 — the first first-quarter GAAP profit in company history — alongside $1.901 billion of ARR and the launch of UiPath for Coding Agents.
Key Players
The CEO view — 9 podcasts, interviews & articles →