UiPath, Inc.
For the period ended Jan 31, 2025. Filed Mar 24, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 24, 2025
PATH$13.00-0.1%Stored close · as of Nov 6, 2026
Contents
Defined Terms
For the purposes of this Annual Report on Form 10-K, the terms "we," "us," "our," "UiPath," and "the Company," refer to UiPath, Inc. and its consolidated subsidiaries. Meanings of additional defined terms can be found below, in alphabetical order.
| Term | Definition |
|---|---|
| 2021 Plan | 2021 Equity Incentive Plan |
| 2024 Form 10-K | Annual Report on Form 10-K for the fiscal year ended January 31, 2024, filed with the SEC on March 27, 2024 |
| AI | artificial intelligence |
| ANAF | Agenția Națională de Administrare Fiscală |
| API | application programming interface |
| ARR | annualized renewal run-rate |
| ASC | Accounting Standards Codification |
| ASU | Accounting Standards Update |
| BEPS | base erosion and profit sharing |
| BPM | business process management |
| CCPA | California Consumer Privacy Act of 2018 |
| CEO | Chief Executive Officer (effective June 1, 2024, Daniel Dines) |
| CFO | Chief Financial Officer (Ashim Gupta) |
| CISO | Chief Information Security Officer |
| Co-CEO(s) | Co-Chief Executive Officer(s) (from the second quarter of fiscal year 2023 through the second quarter of fiscal year 2025, Daniel Dines and Robert Enslin) |
| CODM | chief operating decision maker |
| COO | Chief Operating Officer (Ashim Gupta) |
| Credit Facility | $200.0 million senior secured revolving credit with a maturity date of October 30, 2023 |
| Current Period ARR | ARR as of January 31, 2025 from the cohort of all customers as of January 31, 2024 (used in calculation of dollar-based net retention rate) |
| DSA | Digital Services Act |
| DTA | deferred tax asset |
| DTL | deferred tax liability |
| EEA | European Economic Arena |
| ERP | enterprise resource planning |
| ESG | environmental, social, and governance |
| ESPP | 2021 Employee Stock Purchase Plan |
| EU | European Union |
| Exchange Act | Securities Exchange Act of 1934, as amended |
| FASB | Financial Accounting Standards Board |
| FCPA | United States Foreign Corrupt Practices Act |
| FDIC | Federal Deposit Insurance Corporation |
| Fiscal Year 2023 Workforce Restructuring | restructuring actions approved by our board of directors on June 24, 2022 and expanded by our board of directors on November 10, 2022 |
| Fiscal Year 2025 Workforce Restructuring | restructuring actions approved by our board of directors on July 8, 2024 |
| Flex Offerings | for our products that are available both on-premises and via SaaS, a single offering that allows customers the choice of either deployment option |
| FTC | Federal Trade Commission |
| GDPR | General Data Protection Regulation |
|---|---|
| IDP | intelligent document processing |
| Information Assets, Systems, and Data | our critical computer networks, third-party hosted services, communications systems, hardware and software, and our critical data, including intellectual property, confidential information that is proprietary, strategic, or competitive in nature, and personal and sensitive information related to our employees, prospective employees, third-party service providers, and our customers |
| iPaaS | integration platform as a service |
| IPO | initial public offering |
| IRC | Internal Revenue Code of 1986, as amended |
| IRS | Internal Revenue Service |
| IT | information technology |
| LGPD | Brazil's General Data Protection Law |
| LLC | limited liability company |
| ML | machine learning |
| NLP | natural language processing |
| NOLs | net operating loss carryforwards |
| OECD | Organisation of Economic Cooperation and Development |
| PIPL | Personal Information Protection Law (China) |
| Prior Period ARR | ARR as of January 31, 2024 from the cohort of all customers as of January 31, 2024 |
| PSU | performance stock unit |
| Re:infer | Re:infer LTD |
| ROU | right-of-use |
| RPA | robotic process automation |
| RSA | restricted stock award |
| RSU | restricted stock unit |
| SaaS | software-as-a-service |
| SCCs | standard contractual causes |
| SEC | United States Securities and Exchange Commission |
| Securities Act | Securities Act of 1933, as amended |
| SOX | the Sarbanes-Oxley Act of 2002 |
| SSP | standalone selling price |
| TCJA | Tax Cuts and Jobs Act of 2017 |
| Trade Controls | various export, import, and trade and economic sanction laws and regulations, including, among others, the U.S. Export Administration Regulations, administered by the U.S. Department of Commerce’s Bureau of Industry and Security, and economic and trade sanctions regulations maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control |
| UI | user interface |
| U.K. | United Kingdom |
| U.S. | United States |
| U.S. GAAP | generally accepted accounting principles in the United States |
| VIE | variable interest entity |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.