What is the 13F Pro Quality Score for PATH?

13F Pro ranks UiPath, Inc. (PATH) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View PATH's current score at https://13fpro.ai/company/PATH (free sign-up required for the full ranking).

Where does 13F Pro source PATH data?

All UiPath, Inc. fundamentals and ownership data come directly from SEC EDGAR. UiPath, Inc. files with the SEC under CIK 1734722. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is PATH in?

UiPath, Inc. (PATH) is classified in the Technology sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/technology.

What drives PATH's revenue?

Per UiPath, Inc.'s latest 10-Q filed with the SEC on 2026-09-08, the biggest revenue drivers are: Subscription services ($266.1M, +12% YoY); Licenses ($123.8M, +10% YoY); Professional services and other ($20.3M, +82% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/PATH.

What are PATH's largest expenses?

UiPath, Inc.'s latest 10-Q reports these as the largest expense items: Sales and marketing ($164.6M, -1% YoY); Research and development ($83.4M, -15% YoY); Cost of subscription services ($39.7M, +4% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2027 (quarter ended July 31, 2026).

How often is PATH research updated on 13F Pro?

PATH's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

UiPath, Inc.(PATH)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Technology →NYSEmid

Institutional-grade research for retail investors

SEC EDGAR: CIK 1734722 PATH stock profile & AI dashboard →

13F Pro Quality Score

69.9/100

Rank #239 of 2,960 stocksTOP 10%

View Technology peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

74.8/100

Profitability

85.1/100

Balance Sheet

90.6/100

Earnings Quality

41.0/100

Free Cash Flow

74.3/100

Institutional Flow

93.8/100

Revenue Scale

60.4/100

Dilution Risk

9.8/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why PATH Scores 70/100

exact factor attribution · 2026-09-10

PATH's composite is driven by profitability and revenue growth, held back by shareholder dilution. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Profitability

+5.3 pts

85th pct

Revenue growth

+5.0 pts

75th pct

Capital efficiency

+4.1 pts

91th pct

Free cash flow

+3.6 pts

74th pct

Institutional flow

+2.2 pts

94th pct

Scale

+1.6 pts

60th pct

Earnings growth

+1.1 pts

72th pct

Earnings quality

-0.9 pts

41th pct

Shareholder dilution

-2.0 pts

10th pct

Latest change (2026-09-08): 66 → 55 · ↓ Profit margin 80→38; ↓ Free cash flow 72→46; despite ↑ earnings_quality 45→83

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

Unusual Activity in PATH

Events flagged as statistical outliers against PATH's own multi-year baseline — not fixed dollar thresholds.

Score shock2026-09-08
PATH quality score dropped 10 points (66→55) on a new filing
View source filing →

PATH Stock Analysis & AI Quality Score

Data updated 2026-09-10

AI stock analysis and institutional research for UiPath, Inc. (PATH), a Technology sector company. 13F Pro's AI-powered ranking engine scores PATH at 69.9/100 on a 32-signal composite quality model, placing it at rank #239 of 2,960 stocks — the top 10% of the AI-ranked universe. PATH scores in the top quartile across institutional flow (93.8), balance sheet strength (90.6), profitability (85.1). Shareholder dilution risk is elevated at 9.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), 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. UiPath, Inc.'s 13F Pro composite quality score has ranged between 35 and 70 since 2022, currently 69.9 — an improving long-term trajectory across 63 quarterly and live scoring snapshots.

✦

Fun facts about UiPath, Inc.

Quirks, history, and lore behind PATH — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. enterprise software company · mid-cap · listed on the NYSE · headquartered in New York City.
2
The Numbers
Annual revenue in the range of roughly $1 billion, with a customer base spanning thousands of enterprises worldwide — and a valuation that once briefly touched $35 billion at its post-IPO peak.
3
The History
Founded in Romania in 2005 by Daniel Dines, the company started as a software outsourcing shop before pivoting hard into the automation platform space that made its name.
4
The Secret
Its core product lets software bots mimic human clicks, keystrokes, and screen-reading — so your employees can stop doing the mind-numbing repetitive stuff and blame the robot instead.
5
The Lore
It pioneered the Robotic Process Automation market and went public in 2021 in one of the largest software IPOs of that year, riding a wave of enterprise digital-transformation hype.
6
The Giveaway
Its stock ticker is literally a walking direction, its robots automate enterprise workflows end-to-end, and its logo looks like it's pointing you somewhere — straight to the future of RPA.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving PATH's Business? Latest 10-Q Breakdown

AI-extracted from UiPath, Inc.'s 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.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$410.3M

Net Income

Q2 2026

$36.1M

Free Cash Flow

Q2 2026

$29.3M

Operating Margin

Q2 2026

7.7%

ROIC

Q2 2026

6.5%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+12.7% YoY

$1.61BFY 2026

FY23 $1.06BFY24 $1.31BFY25 $1.43BFY26 $1.61B

Net Income

+483.1% YoY

$282.3MFY 2026

FY23 $-328.4MFY24 $-89.9MFY25 $-73.7MFY26 $282.3M

Operating Income

+134.9% YoY

$56.8MFY 2026

FY23 $-348.3MFY24 $-164.7MFY25 $-162.6MFY26 $56.8M

EPS (Diluted)

+500.0% YoY

$0.52FY 2026

FY23 $-0.60FY24 $-0.16FY25 $-0.13FY26 $0.52

Total Assets

+11.0% YoY

$3.18BFY 2026

FY23 $2.74BFY24 $2.95BFY25 $2.87BFY26 $3.18B

Op. Cash Flow

+15.8% YoY

$371.2MFY 2026

FY23 $-10.0MFY24 $299.1MFY25 $320.6MFY26 $371.2M

Free Cash Flow

+15.2% YoY

$352.2MFY 2026

FY23 $-33.8MFY24 $291.7MFY25 $305.6MFY26 $352.2M

Metric	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$1.61B +12.7%	$1.43B +9.3%	$1.31B +23.6%	$1.06B +18.6%	$892.3M +46.8%	$607.6M
Net Income	$282.3M +483.1%	$-73.7M +18.0%	$-89.9M +72.6%	$-328.4M +37.5%	$-525.6M -468.9%	$-92.4M
Operating Income	$56.8M +134.9%	$-162.6M +1.3%	$-164.7M +52.7%	$-348.3M +30.5%	$-500.9M -354.1%	$-110.3M
EPS (Diluted)	$0.52 +500.0%	$-0.13 +18.8%	$-0.16 +73.3%	$-0.60 +48.3%	$-1.16 -110.9%	$-0.55
Total Assets	$3.18B +11.0%	$2.87B -3.0%	$2.95B +8.0%	$2.74B +6.3%	$2.57B +196.9%	$866.5M
Operating Cash Flow	$371.2M +15.8%	$320.6M +7.2%	$299.1M +3096.5%	$-10.0M +81.8%	$-55.0M -288.4%	$29.2M
Free Cash Flow	$352.2M +15.2%	$305.6M +4.8%	$291.7M +963.2%	$-33.8M +47.1%	$-63.8M -334.5%	$27.2M

Get alerted when PATH's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for UiPath, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of PATH

BlackRock, Inc.
$501.7M46,153,124 sh
TFG Asset Management GP Ltd
$336.4M30,950,000 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$286.1M26,320,700 sh
VANGUARD CAPITAL MANAGEMENT LLC
$203.4M18,710,688 sh
TWO SIGMA INVESTMENTS, LP
$163.4M15,034,443 sh
STATE STREET CORP
$150.4M13,832,188 sh
Senvest Management, LLC
$131.4M12,085,222 sh
BANK OF AMERICA CORP /DE/
$122.7M11,292,532 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$94.6M8,700,400 sh
GEODE CAPITAL MANAGEMENT, LLC
$88.7M8,154,846 sh

Fund	Value	Shares
BlackRock, Inc.	$501.7M	46,153,124
TFG Asset Management GP Ltd	$336.4M	30,950,000
VANGUARD PORTFOLIO MANAGEMENT LLC	$286.1M	26,320,700
VANGUARD CAPITAL MANAGEMENT LLC	$203.4M	18,710,688
TWO SIGMA INVESTMENTS, LP	$163.4M	15,034,443
STATE STREET CORP	$150.4M	13,832,188
Senvest Management, LLC	$131.4M	12,085,222
BANK OF AMERICA CORP /DE/	$122.7M	11,292,532
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$94.6M	8,700,400
GEODE CAPITAL MANAGEMENT, LLC	$88.7M	8,154,846

Companies Similar to PATH

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

TTD

Trade Desk, Inc.

AI score

Similar quality profile · 17 shared holders

COATUE MANAGEMENT LLC Elo Mutual Pension Insurance Co Voleon Capital Management LP

TWLO

TWILIO INC

AI score

Similar quality profile · 11 shared holders

ALKEON CAPITAL MANAGEMENT LLC 180 WEALTH ADVISORS, LLC AVIVA PLC

PCTY

Paylocity Holding Corp

AI score

Similar quality profile · 26 shared holders

BW Gestao de Investimentos Ltda.Retirement Systems of Alabama Hillsdale Investment Management Inc.

FORM

FORMFACTOR INC

AI score

Similar quality profile · 11 shared holders

Hillsdale Investment Management Inc.Herald Investment Management Ltd Robeco Institutional Asset Management B.V.

DOCS

Doximity, Inc.

AI score

Similar quality profile · 19 shared holders

Retirement Systems of Alabama NORDEA INVESTMENT MANAGEMENT AB AXQ CAPITAL, LP

ALAB

Astera Labs, Inc.

AI score

Similar quality profile · 6 shared holders

ALKEON CAPITAL MANAGEMENT LLC AVIVA PLC Robeco Institutional Asset Management B.V.

CDNS

CADENCE DESIGN SYSTEMS INC

AI score

Similar quality profile · 6 shared holders

ALKEON CAPITAL MANAGEMENT LLC AVIVA PLC Robeco Institutional Asset Management B.V.

PAYC

Paycom Software, Inc.

AI score

Similar quality profile · 7 shared holders

Robeco Institutional Asset Management B.V.AXQ CAPITAL, LP Odyssean, LLC

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Technology Companies

View all Technology →

AGILENT TECHNOLOGIES, INC.

AAOI

APPLIED OPTOELECTRONICS, INC.

AAPL

Apple Inc.

ABNB

Airbnb, Inc.

ACCL

Acco Group Holdings Ltd

ACCS

ACCESS Newswire Inc.

ACFN

ACORN ENERGY, INC.

ACIW

ACI WORLDWIDE, INC.

Put PATH on your watchlist

Track score changes the day UiPath, Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is PATH a good stock to buy?

13F Pro's AI-powered analysis of UiPath, Inc. (PATH) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PATH are available on the PATH stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. PATH is classified as a mid company.

Which hedge funds own PATH?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PATH. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of UiPath, Inc.'s investment landscape.