UiPath Inc
For the period ended Apr 30, 2024. Filed Jun 3, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2024 · Filed Jun 3, 2024
PATH$12.83-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Three Months Ended April 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net loss | $(28,736) | $(31,901) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation and amortization | 4,902 | 5,616 |
| Amortization of deferred contract acquisition costs | 18,467 | 14,072 |
| Net amortization on marketable securities | (9,268) | (4,097) |
| Stock-based compensation expense | 88,727 | 85,048 |
| Charitable donation of Class A common stock | 6,564 | 4,215 |
| Non-cash operating lease expense | 3,476 | 3,071 |
| Provision for deferred income taxes | 569 | (267) |
| Other non-cash (credits) charges, net | (966) | 624 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 162,444 | 141,557 |
| Contract assets | (7,645) | 660 |
| Deferred contract acquisition costs | (12,437) | (15,499) |
| Prepaid expenses and other assets | (803) | (5,860) |
| Accounts payable | 3,936 | (2,130) |
| Accrued expenses and other liabilities | (4,195) | (10,547) |
| Accrued compensation and employee benefits | (96,403) | (93,390) |
| Operating lease liabilities, net | (3,912) | (2,946) |
| Deferred revenue | (24,683) | (20,885) |
| Net cash provided by operating activities | 100,037 | 67,341 |
| Cash flows from investing activities | ||
| Purchases of marketable securities | (323,137) | (215,391) |
| Maturities of marketable securities | 360,141 | 78,955 |
| Purchases of property and equipment | (1,238) | (1,870) |
| Other investing, net | — | 2,754 |
| Net cash provided by (used in) investing activities | 35,766 | (135,552) |
| Cash flows from financing activities | ||
| Repurchases of Class A common stock | (22,005) | — |
| Proceeds from exercise of stock options | 312 | 1,187 |
| Payments of tax withholdings on net settlement of equity awards | (28,959) | (25,902) |
| Net payments of tax withholdings on sell-to-cover equity award transactions | — | (645) |
| Proceeds from employee stock purchase plan contributions | 4,916 | 4,730 |
| Net cash used in financing activities | (45,736) | (20,630) |
| Effect of exchange rate changes | (5,127) | (1,702) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 84,940 | (90,543) |
| Cash, cash equivalents, and restricted cash - beginning of period | 1,062,116 | 1,402,119 |
| Cash, cash equivalents, and restricted cash - end of period | $1,147,056 | $1,311,576 |
| Supplemental disclosure of cash flow information | ||
| Cash paid for interest | $45 | $86 |
| Cash paid for income taxes | 7,391 | 6,218 |
| Supplemental disclosure of non-cash investing and financing activities | ||
| Property and equipment purchases included in accounts payable | 50 | 65 |
| Receivable from maturities of marketable securities included in prepaid expense and other current assets | — | 20,315 |
| Tax withholdings on net settlement of restricted stock units, accrued but not yet paid | 4,304 | 1,996 |
The accompanying notes are an integral part of these consolidated financial statements.
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