UiPath (NYSE:PATH) Announces Quarterly Earnings Results

03 Sep 2026, 16:41 by Amy Steele · The Cerbat Gem

UiPath (NYSE:PATH – Get Free Report) released its earnings results on Thursday. The company reported $0.15 EPS for the quarter, meeting analysts’ consensus estimates of $0.15, Briefing.com reports. UiPath had a return on equity of 7.92% and a net margin of 19.58%.The company’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.15 earnings per share.

Here are the key takeaways from UiPath’s conference call:

UiPath exceeded second-quarter guidance, with revenue of $410 million, up 13%, ARR of $1.938 billion, up 12%, and non-GAAP operating margin expanding to 22%. The company also delivered its fourth consecutive quarter of GAAP profitability.
AI is becoming central to larger customer engagements: 18 of the top 20 deals included AI, while customers increasingly consolidate automation, orchestration, testing, and AI workloads on UiPath’s platform. Dollar-based net retention improved to 109%, and customers with at least $1 million in ARR grew 21% to 387.
Management highlighted early results from coding agents that reduce forward-deployed engineering effort by nearly 60%, potentially accelerating customer time to value and lowering total cost of ownership. The company is also expanding vertical offerings in areas such as financial crime, revenue-cycle management, invoice processing, and software testing.
UiPath forecast third-quarter revenue of $440 million to $445 million and full-year revenue of $1.789 billion to $1.794 billion, while maintaining full-year adjusted free cash flow guidance of approximately $425 million. Guidance includes foreign-exchange headwinds, and second-quarter adjusted free cash flow declined to $31 million from $45 million due primarily to the timing of tax payments.
Ashim Gupta will move exclusively into the COO role, with Hitesh Ramani succeeding him as CFO. Management characterized the transition as planned and low-risk, citing Ramani’s long tenure and existing role as deputy CFO.

UiPath Price Performance

Shares of NYSE PATH traded up $0.10 on Thursday, hitting $18.09. The company’s stock had a trading volume of 60,419,057 shares, compared to its average volume of 46,116,039. UiPath has a 12-month low of $9.20 and a 12-month high of $19.84. The company has a market capitalization of $9.37 billion, a price-to-earnings ratio of 30.15, a price-to-earnings-growth ratio of 2.17 and a beta of 1.02. The stock has a 50 day moving average of $13.66 and a 200-day moving average of $11.87.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PATH. Bank of America increased their price target on shares of UiPath from $12.00 to $13.00 and gave the company an “underperform” rating in a report on Friday, May 29th. New Street Research set a $13.00 price objective on shares of UiPath in a report on Monday, June 1st. Needham & Company LLC upped their target price on shares of UiPath from $15.00 to $22.00 and gave the stock a “buy” rating in a research report on Thursday. Wall Street Zen cut shares of UiPath from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, BMO Capital Markets reduced their price target on shares of UiPath from $14.00 to $13.00 and set a “market perform” rating for the company in a research report on Monday, June 1st. Two research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $14.80.

Check Out Our Latest Research Report on UiPath

Insider Activity at UiPath

In other news, CEO Daniel Dines sold 1,402,347 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $16.07, for a total transaction of $22,535,716.29. Following the completion of the transaction, the chief executive officer directly owned 26,491,238 shares of the company’s stock, valued at $425,714,194.66. This trade represents a 5.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 22.44% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On UiPath

Institutional investors and hedge funds have recently bought and sold shares of the stock. State Street Corp raised its holdings in shares of UiPath by 66.4% in the fourth quarter. State Street Corp now owns 13,004,786 shares of the company’s stock worth $213,148,000 after acquiring an additional 5,189,438 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of UiPath by 76.0% during the second quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company’s stock valued at $145,732,000 after acquiring an additional 4,926,341 shares during the last quarter. Morgan Stanley increased its position in UiPath by 54.0% during the 4th quarter. Morgan Stanley now owns 9,310,304 shares of the company’s stock worth $152,596,000 after purchasing an additional 3,262,930 shares in the last quarter. Canada Pension Plan Investment Board increased its position in UiPath by 122.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,021,200 shares of the company’s stock worth $51,471,000 after purchasing an additional 2,212,000 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in UiPath by 73.7% in the 4th quarter. Bank of New York Mellon Corp now owns 3,087,712 shares of the company’s stock valued at $50,608,000 after purchasing an additional 1,310,446 shares during the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

More UiPath News

Here are the key news stories impacting UiPath this week:

Positive Sentiment: UiPath reported fiscal Q2 adjusted earnings of $0.15 per share, matching consensus estimates and the year-ago result. The company characterized the quarter as disciplined execution with growing momentum across its automation and AI platform. UiPath Meets Q2 Earnings Estimates
Positive Sentiment: Third-quarter fiscal 2027 revenue guidance of $440 million to $445 million has a midpoint modestly above the $441.1 million analyst consensus, suggesting continued demand for the company’s automation and orchestration products. UiPath Reports Second Quarter Fiscal 2027 Financial Results
Positive Sentiment: UiPath highlighted the expanding role of AI in enterprise automation, including increased demand for orchestration and governance, supporting the longer-term growth narrative. The company also announced a strategic deal with STC Bahrain that could broaden enterprise adoption in the region. STC Bahrain UiPath Deal
Neutral Sentiment: Full-year fiscal 2027 revenue guidance of approximately $1.8 billion is essentially in line with consensus, indicating that management maintained its broader outlook rather than materially raising expectations.
Neutral Sentiment: UiPath announced executive leadership changes and added a new board member. The changes may support the company’s strategic evolution, but investors will likely seek more detail on responsibilities and execution implications. UiPath Leadership Changes
Negative Sentiment: Reported GAAP earnings of $0.09 per share were below the $0.15 consensus estimate in one market-data account, highlighting a difference between GAAP and adjusted results that could create short-term volatility.

About UiPath

(Get Free Report)

UiPath Inc provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization. Its platform's embedded AI, ML, and NLP capabilities improve decisioning and information processing; emulate human behavior allows organizations to address a myriad of use cases; emulate human behavior allows organizations to address a myriad of use cases; multi-tenant platform enterprise deployment with security and governance and Automation Cloud, which enables customers to begin automating without the need to provision infrastructure, install applications, or perform additional configurations; intuitive interface and low-code, drag-and-drop functionality; signed to enable people and automations to work together; and tracks, measures, and forecasts the performance of automations, enables customers to gain powerful insights and generate key performance indicators with actionable metric.