UiPath, Inc.
For the period ended Jul 31, 2026. Filed Sep 8, 2026.
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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.
Jul 31, 2026 · Filed Sep 8, 2026
PATH$12.83-1.2%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
Amounts in thousands except per share data
| Three Months Ended July 31, | Six Months Ended July 31, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue: | ||||
| Licenses | $123,843 | $112,161 | $273,152 | $240,447 |
| Subscription services | 266,067 | 238,363 | 518,970 | 455,666 |
| Professional services and other | 20,346 | 11,204 | 36,516 | 22,239 |
| Total revenue | 410,256 | 361,728 | 828,638 | 718,352 |
| Cost of revenue: | ||||
| Licenses | 1,462 | 1,200 | 3,126 | 2,468 |
| Subscription services | 39,679 | 38,229 | 83,667 | 76,697 |
| Professional services and other | 39,446 | 24,951 | 70,722 | 49,072 |
| Total cost of revenue | 80,587 | 64,380 | 157,515 | 128,237 |
| Gross profit | 329,669 | 297,348 | 671,123 | 590,115 |
| Operating expenses: | ||||
| Sales and marketing | 164,606 | 166,303 | 332,465 | 325,964 |
| Research and development | 83,393 | 98,341 | 176,295 | 193,180 |
| General and administrative | 50,066 | 52,889 | 102,772 | 107,568 |
| Total operating expenses | 298,065 | 317,533 | 611,532 | 626,712 |
| Operating income (loss) | 31,604 | (20,185) | 59,591 | (36,597) |
| Interest income | 10,769 | 12,004 | 21,170 | 24,652 |
| Other income (expense), net | 10,482 | 11,508 | 13,062 | (4,456) |
| Income (loss) before income taxes | 52,855 | 3,327 | 93,823 | (16,401) |
| Provision for income taxes | 16,766 | 1,743 | 35,209 | 4,570 |
| Net income (loss) | $36,089 | $1,584 | $58,614 | $(20,971) |
| Net income (loss) per share, basic | $0.07 | $0.00 | $0.11 | $(0.04) |
| Net income (loss) per share, diluted | $0.07 | $0.00 | $0.11 | $(0.04) |
| Weighted-average shares used in computing net income (loss) per share, basic | 519,654 | 536,169 | 521,586 | 542,208 |
| Weighted-average shares used in computing net income (loss) per share, diluted | 523,013 | 542,865 | 525,375 | 542,208 |
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