Wednesday 4 November 2026 Export PATH’s income statement to Excel — free account

UiPath, Inc.

UiPath, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $1.6 billion, up 12.7% from fiscal 2025.

Revenue: +13.4%
EPS: +2,233.3%
Free cash flow: −29.5%

Quarter to July 2026, against a year earlier

13.18 0.16 −1.20%

Follow PATH

Alert me

Market cap: $6.8B
P/E: 19.7×
Fwd P/E: 35.1×
Dividend yield: —
F-score: 8/9
Altman Z: 4.03
Beneish M: −2.26
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

UiPath, Inc. (PATH) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by segment, and margins
Reportable Segment	1,611	100.00%
Gross margin		83.17%
Operating margin		3.52%
Pre-tax margin		6.25%

Revenue by product or service $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Subscription services	954 59.26%	802 56.09%	650 49.69%	509 48.07%	370 41.45%	233 38.27%	120 35.58%
Licenses	606 37.65%	587 41.07%	621 47.50%	498 47.03%	481 53.96%	346 56.95%	202 59.99%
Professional services and other	50 3.09%	41 2.84%	37 2.81%	52 4.90%	41 4.59%	29 4.78%	15 4.43%
Revenue	1,611	1,430	1,308	1,059	892	608	336

Gross profit by product or service $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Subscription services	‡	‡	‡	‡	‡	‡	‡
Professional services and other	‡	‡	‡	‡	‡	‡	‡
Licenses	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡

Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023
Reportable Segment	1,611 100.00%	1,430 100.00%	1,308 100.00%	1,059 100.00%
Revenue	1,611	1,430	1,308	1,059

Revenue by region $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Americas	799 49.58%	695 48.62%	632 48.31%	529 49.98%	430 48.23%	260 42.79%	125 37.29%
Europe, Middle East, and Africa	528 32.77%	458 32.01%	416 31.80%	301 28.44%	262 29.35%	187 30.79%	114 33.88%
Asia-Pacific	284 17.65%	277 19.37%	260 19.89%	228 21.58%	200 22.42%	161 26.42%	97 28.83%
Revenue	1,611	1,430	1,308	1,059	892	608	336

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Annualized renewal run-rate (ARR)	Q2 FY2027	$1.9B	$1.7B	+12.48%
Dollar-based net retention rate	Q2 FY2027	109.0%	108.0%	—
Net new ARR	Q2 FY2027	$37.0M	$31.0M	+19.35%
Remaining performance obligations	Q2 FY2027	$1.4B	$1.2B	+13.97%

	Q2 FY2027	Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022
Annualized renewal run-rate (ARR)	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Dollar-based net retention rate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Net new ARR	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.