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Companies · PATH

PATH Reported this cycle

UiPath

New York, NY Founded 2005 Enterprise SaaS & Cloud

AI-generated · informational only · not investment advice · verify before relying.

Latest analysis

Updated Sep 3, 2026

UiPath Q2 FY2027: ARR accelerates to $1.94B (+12% YoY), fourth consecutive GAAP-profitable quarter as AI platform consolidation drives larger enterprise deals

UiPath delivered its strongest net new ARR quarter in several periods — $37 million versus $31 million in the prior year quarter — as AI attachment in the top 20 deals reached 90% (18 of 20), signaling that agentic and deterministic automation bundling is directly expanding deal size. Dollar-based net retention improved 200 basis points year-to-date to 109%, reflecting stabilizing expansion motion after two years of contraction. Management raised full-year revenue guidance midpoint and reaffirmed $445 million non-GAAP operating income, while a planned CFO succession (Ashim Gupta to COO, Hitesh Ramani to CFO) introduces transition risk management attention at a critical scaling inflection.

Tone: bullish

Revenue

$1.6B

PATH 10-K · FY 2026

Employees

3,981

Revenue growth YoY

+13%

Founded

2005

Profile

PATH 10-K Item 1 · Mar 25, 2026

UiPath is an enterprise automation software company whose platform combines robotic process automation (RPA), AI agents, process intelligence, and orchestration capabilities to automate complex, judgment-intensive business workflows. Originally founded in Bucharest in 2005 and incorporated in Delaware in 2015, the company has evolved from rule-based RPA into what it calls agentic automation, enabling enterprises to deploy AI agents that act autonomously across end-to-end processes. It serves approximately 10,747 customers across financial services, healthcare, manufacturing, retail, public sector, and supply chain verticals globally.

Read filing description ↓

Building upon decades of leadership in automation, UiPath is pioneering the evolution from rule-based automation to intelligent agentic automation. The UiPath Platform uniquely combines controlled agency, developer flexibility, and seamless integration to help organizations scale agentic automation safely and confidently. Committed to security, governance, and interoperability, we support enterprises as they transition into a future where automation delivers on the full potential of AI to transform industries. Our platform empowers customers to combine automation, AI agents, and people, delivering end-to-end process orchestration that drives innovation. The platform includes capabilities spanning orchestration via UiPath Maestro, enterprise agent building, RPA and API automation, intelligent document processing (IXP), agentic testing via Test Cloud, and purpose-built vertical solutions for industries such as financial services, insurance, healthcare, retail, supply chain, and manufacturing. We sell through a direct sales force supported by pre-sales engineers and professional services, as well as through channel partners and systems integrators. New agentic capabilities enable expansion within organizations as customers automate more complex workflows requiring decision-making. Our multi-tenant platform supports deployment on-premises, in public or private cloud, or in hybrid environments, and is also available as a managed SaaS offering called Automation Cloud.

Primary products

  • UiPath Platform
  • UiPath Maestro
  • UiPath Agent Builder
  • Intelligent Xtraction & Processing (IXP)
  • UiPath Test Cloud
  • Automation Cloud

End markets

financial services insurance healthcare public sector retail supply chain manufacturing

Geographies

United States international

Named customers

Department of War Fortune 200 financial services firm Top Canadian bank Leading U.S. regional bank

Named competitors

LangChain Claude Agent SDK Codex GitHub Copilot
“We deliver a scalable, reliable, and secure agentic automation platform that unifies AI agents, robots, people, and models to orchestrate end-to-end, complex enterprise processes— going beyond automation of repetitive tasks to automating dynamic, judgment-intensive workflows.” Competitive position, as stated in the filing

Revenue commentary · FY 2026

Total revenue grew 13% year-over-year in fiscal year 2026, driven by continued expansion in subscription services, which increased from $801.9 million to $954.5 million.

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Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.

SeventhBiz analysis 6 signals 11 diligence answers 2 M&A transactions SWOT