UiPath, Inc. Q2 FY2027 Earnings Results vs. Expectations
ReportsSep 3, 2026
SlotAfter Market Close
Results are out
This quarter has reported. The consensus below is what we expected going in.
What the Street expects
EPS · NON-GAAP
$0.15
Feeds $0.1482 to $0.15 per share
QoQ−1.2%
YoY−1.2%
Revenue
$397.85M
Guided $395-400M
QoQ−4.9%
YoY+10.0%
QoQ and YoY are what the consensus implies against the prior quarter and the prior year.
Also on the card
Consensus source
Street non-GAAP $0.15 on $397.85M (2 Sep 2026); MarketBeat $0.1482 on $397.77M, the figure the moves above use
Company guidance
Q2 revenue $395-400M, ARR $1.929-1.934B at 31 July 2026, non-GAAP operating income ~$75M (28 May 2026)
FY2027 guidance
Revenue $1,776-1,781M, ARR $2.058-2.063B at 31 January 2027, non-GAAP operating income ~$430M
Basis
Non-GAAP diluted EPS; GAAP was $0.04 in Q1 FY2027 and $0.00 a year ago
Prior quarter
Non-GAAP EPS $0.15, revenue $418.4M, ARR $1.901B (+12%), net new ARR $49M, net retention 109%
Year-ago quarter
Non-GAAP EPS $0.15, revenue $361.7M, ARR $1.723B (+11%), net new ARR $31M, net retention 108%
What to watch
- Net new ARR against the guided $28–33 million, and against $31 million in the July quarter a year ago. The single most informative number in the release.
- Total ARR against the guided $1.929–1.934 billion, and the full-year $2.058–2.063 billion. A raise to the year would say the flat second half is conservatism.
- Dollar-based net retention against 109%, and customers with ARR of $1 million or more against 374 and their 52% share of revenue. Two quarters of improvement; a third makes it a trend.
- Revenue against $395–400 million and the full-year $1,776–1,781 million, with the implied second half at about +7.9%.
- Non-GAAP operating income against the guided ~$75 million, and the full-year ~$430 million — the year guide needs about $263 million from the last two quarters.
Estimate against reported
Our published estimate
Reported EPS
| Quarter | Estimate | Reported | Surprise |
|---|---|---|---|
| FY2025 Q3 | — | −$0.02 | — |
| FY2025 Q4 | — | $0.09 | — |
| FY2026 Q1 | — | −$0.04 | — |
| FY2026 Q2 | — | $0.00 | — |
| FY2026 Q3 | — | $0.37 | — |
| FY2026 Q4 | — | $0.19 | — |
| FY2027 Q1 | — | $0.04 | — |
| FY2027 Q2 | $0.15 | $0.15 | 0% |
Estimates are the consensus we published on our own preview for that quarter; quarters we did not preview carry the reported figure only. Where a consensus was set on a non-GAAP basis, the reported column shows that same measure.
Every quarter
Read the full preview → Q2 FY2027 release page View PATH stock page