Tue, Jun 3, 8:46 PM (46 days ago)
**UiPath, Inc. (PATH) Q1 2026 Financial Summary** **Financial Health & Performance:** - **Revenue:** $356.6 million, up 6% YoY. - **Gross Margin:** 82%, down from 83% YoY. - **Operating Loss:** $16.4 million, improved from $49.5 million YoY. - **Net Loss:** $22.6 million, improved from $28.7 million YoY. - **Cash Flow from Operations:** $119.0 million, up from $100.0 million YoY. - **Cash Position:** $1.6 billion (cash, cash equivalents, and marketable securities). **Profit Margins & Expenses:** - **Cost of Revenue:** $63.9 million, up 15% YoY. - **Operating Expenses:** $309.2 million, down 6% YoY. - **Sales & Marketing:** $159.7 million, down 11% YoY. - **Research & Development:** $94.8 million, up 11% YoY. - **General & Administrative:** $54.7 million, down 14% YoY. **Earnings & Cash Flow:** - **Interest Income:** $12.6 million, down 9% YoY. - **Other (Expense) Income:** $(16.0) million, down from $10.7 million YoY. - **Provision for Income Taxes:** $2.8 million, down 25% YoY. **Trends & Uncertainties:** - **ARR (Annualized Renewal Run-Rate):** $1.7 billion, up 12% YoY. - **Dollar-Based Net Retention Rate:** 108%, down from 118% YoY. - **Macroeconomic Environment:** Global market volatility and foreign currency fluctuations impact demand and results. - **Workforce Restructuring:** Completed, focusing on AI and platform innovation. **Future Operations & Impact:** - **Stock Repurchase Program:** $500 million authorized, $227.5 million spent in Q1. - **Investing Activities:** $79.9 million used, primarily for marketable securities and acquisitions. - **Financing Activities:** $235.2 million used, mainly for stock repurchases. - **Liquidity:** Sufficient cash and marketable securities to fund operations for the next 12 months. **Management's Outlook:** - **Revenue Growth:** Driven by new and existing customers, with a focus on subscription services. - **Expenses:** Continued investment in R&D and sales & marketing, with a focus on efficiency. - **Cash Flow:** Positive cash flow from operations, with a focus on working capital management. - **Uncertainties:** Macroeconomic factors, foreign currency fluctuations, and competitive landscape.