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UiPath Reports Second Quarter Fiscal 2027 Financial Results
Revenue of $410 million increased 13 percent year-over-year
ARR of $1.938 billion increased 12 percent year-over-year
GAAP operating income of $32 million and non-GAAP operating income of $89 million
Announces leadership changes to drive next phase of growth and appointment of new Board member
NEW YORK, September 03, 2026–(BUSINESS WIRE)–UiPath, Inc. (NYSE: PATH), a leader in business orchestration and automation, today announced financial results for its second quarter fiscal 2027 ended July 31, 2026.
“I am pleased with our second quarter results, demonstrating disciplined execution and the growing momentum across our platform,” said Daniel Dines, UiPath Founder and Chief Executive Officer. “AI is expanding what enterprises can automate, while increasing the need for the orchestration, governance, and exactness that deterministic automation provides. Our ability to bring AI agents, robots, systems, and people together to execute end-to-end business processes positions UiPath at the center of this opportunity. We have spent the past two years transforming our platform and strengthening our execution, and I am excited about the opportunity ahead.”
Second Quarter Fiscal 2027 Financial Highlights
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ARR of $1.938 billion as of July 31, 2026 increased 12 percent year-over-year.
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Net new ARR of $37 million.
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Dollar based net retention rate of 109 percent.
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GAAP gross marginwas 80 percent.
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Non-GAAP gross margin was 82 percent.
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GAAP operating incomewas $32 million.
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Non-GAAP operating income was $89 million.
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Net cash flow from operationswas $31 million.
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Non-GAAP adjusted free cash flow was $31 million.
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Cash, cash equivalents, and marketable securities were $1.405 billion as of July 31, 2026.
“We delivered another strong quarter, exceeding guidance across all key financial metrics,” said Ashim Gupta, UiPath Chief Operating Officer. “Our results reflect the operating discipline we’ve instilled across the business, and the momentum we’re seeing from customers and partners around our platform gives us confidence as we head into the second half of the year.”
Leadership and Board of Directors Changes
As UiPath enters its next phase of growth, the Company is sharpening leadership focus and accountability across its executive team. Ashim Gupta will focus exclusively on his role as Chief Operating Officer, concentrating his leadership on driving execution across sales, demand generation, and delivery. Hitesh Ramani has been promoted to Chief Financial Officer, building on his role as Deputy CFO and Chief Accounting Officer since 2021. Brad Brubaker has been named Chief Legal & Administrative Officer, expanding his oversight to include the People organization. Together, these changes sharpen accountability across finance, operations, and legal, positioning UiPath’s leadership team for this next chapter of growth.
