AI-extracted from the 10-Q filed 2026-09-08 — Q2 FY2027 (quarter ended July 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
UiPath delivered $410.3M revenue in Q2 FY2027, +13% YoY, with ARR growing 12% to $1,937.7M and operating income of $31.6M versus loss of $20.2M prior year.
Biggest Revenue Drivers
Subscription services$266.1M+12% YoY
Maintenance, support, and SaaS revenues recognized ratably; growth driven by existing customer expansion and new customer acquisitions.
Licenses$123.8M+10% YoY
Term-based software licenses recognized at point in time; growth from new and existing customers.
Biggest Revenue Drivers
Total revenue: $410.3M+13% YoY
Subscription services$266.1M+12% YoY
Maintenance, support, and SaaS revenues recognized ratably; growth driven by existing customer expansion and new customer acquisitions.
Licenses$123.8M+10% YoY
Term-based software licenses recognized at point in time; growth from new and existing customers.
Professional services and other$20.3M+82% YoY
Fees for deployment, education, and training services; increased customer demand for implementation support.
Largest Expense Items
Sales and marketing$164.6M-1% YoY
Decrease driven by lower stock-based compensation, offset by higher sales commissions and WorkFusion intangible amortization.
Research and development$83.4M-15% YoY
Decrease primarily due to $15.1M lower stock-based compensation expense.
Cost of subscription services$39.7M+4% YoY
Increased hosting and cloud infrastructure costs from higher SaaS usage, partially offset by lower stock-based compensation.
General and administrative$50.1M-5% YoY
Reduction in personnel-related expenses, primarily from lower stock-based compensation.
Margins: Gross margin decreased to 80% from 82% YoY, driven by lower proportion of higher-margin licenses revenue and increased third-party subcontractor costs for professional services. Operating margin improved to 8% from -6% YoY due to strong revenue growth and operating expense leverage.
Watch Items from the Filing
Accrued WorkFusion contingent consideration of $30.4M included in current liabilities, representing earn-out exposure on February 2026 acquisition.
Romania subsidiary faces ongoing indirect tax audits: $14.3M VAT assessment under appeal, plus estimated $13M possible loss from Feb 2022–Feb 2024 VAT audit not yet assessed.
ARR dollar-based net retention of 109% demonstrates strong existing-customer expansion; 28% of Q2 growth from new customers, 72% from existing customers.
India GST inspection raised $46.4M inquiry; $16.9M relates to periods with lapsed statute of limitations but may invoke extended look-back; advance pricing agreement finalized for April 2018–March 2027.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Bagli Yazdi FramrozReporting ownerGrant or award · Sep 3, 2026
Yang JuneReporting ownerGrant or award · Jun 25, 2026
Gordon Michael LawrenceReporting ownerGrant or award · Jun 25, 2026
Springer Daniel D.Reporting ownerGrant or award · Jun 25, 2026
Wong RichReporting ownerGrant or award · Jun 25, 2026
About UiPath, Inc. (PATH): stock profile, AI score and financials
UiPath, Inc. (PATH) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores PATH at 67.9/100 on a composite quality score built from its SEC filings, placing it at rank #335 of 2,925 stocks — the top 25% of the AI-ranked universe. PATH scores in the top quartile across institutional flow (93.9), balance sheet strength (90.7), profitability (84.9). Shareholder dilution risk is elevated at 9.6/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2027), UiPath, Inc. reports quarterly revenue of $410.3M, net income of $36.1M, an operating margin of 7.7%. Top institutional holders of PATH by reported 13-F value include BlackRock, TFG Asset Management GP Ltd, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. PATH trades on the NYSE exchange and files with the SEC under CIK 1734722. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PATH daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for UiPath, Inc. directly from SEC EDGAR.