UiPath Inc. Earnings Recaps
Q2 2027
Sep 5, 2026
UiPath’s shares fell 15.6% after earnings, indicating investors were disappointed by the still-moderate 12% ARR growth and concerns that the company’s growth reacceleration remains insufficient despite solid profitability and management’s claims of beating guidance. The quarter showed improving margins and AI adoption, but the market appears focused on the pace and durability of top-line expansion.
Key takeaways
- ARR reached $1.938 billion, up 12% year over year, including $37 million of net new ARR; revenue was $410 million, up 13%.
- Non-GAAP operating income was $89 million, a 22% margin, expanding more than 400 basis points year over year; the company also reported its fourth consecutive quarter of GAAP profitability.
- AI was present in 18 of the 20 largest deals, with customers expanding from individual automation use cases toward broader end-to-end workflows involving agents, robots, and orchestration.
- Management cited larger AI-attached expansions, including a seven-figure expansion with a global insurance provider.
- Ashim Gupta will become COO and Hitesh Ramani will succeed him as CFO, with management characterizing the transition as planned and providing continuity.
Q4 2026
Mar 12, 2026
UiPath delivered a strong performance in Q4 and FY 2026, achieving its first-ever GAAP profitability while exceeding growth expectations across key metrics. The company saw significant gains in annual recurring revenue (ARR) and customer net additions, signaling robust demand for its automation solutions.
Key takeaways
- Q4 ARR reached $1.853 billion, marking an 11% year-over-year increase, fueled by $70 million in net new ARR and revenue growth of 14% to $481 million.
- Achieved full year GAAP profitability for the first time in company history, with non-GAAP operating income growing to $150 million, representing a 31% margin.
- Notable improvement in customer adoption, with deals exceeding $1 million up over 50% year-over-year, indicating enhanced sales execution and deepening enterprise integration.
- UiPath's unified platform is poised to leverage the AI-driven shift in software development, enhancing operational efficiency and accelerating enterprise orchestration.
- Continued investment in vertical expertise and customer trust positions UiPath to capitalize on increasing automation demands across industries.