Screener / SEC EDGAR /CIK 0001734722 /10-K filed Mar 25, 2026, compared with Mar 24, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
NYSE Technology · Software

UiPath, Inc. PATH

Employees
3,981
Headquarters
New York, NY
CEO
Daniel Dines
Next results
around Dec 2, 2026
Compare with peers Embed

Where each dollar of revenue went, FY2026

Revenue of $1.6B through the costs to a net profit of $282.3M · income statement of the 10-K

4% operating margin
Revenue to Gross profit: $1.3BRevenue to Cost of revenue: $271.0MGross profit to Operating profit: $56.8MGross profit to Operating expenses: $1.3BOperating profit to Net profit: $56.8MOther income to Net profit: $225.6MOperating expenses to R&D: $385.2MOperating expenses to Sales, admin & other: $897.6M Revenue: $1.6B REVENUE $1.6B +13% Y/Y Gross profit: $1.3B · 83% margin GROSS PROFIT $1.3B 83% margin · +13% Y/Y Cost of revenue: $271.0M · 17% of revenue COST OF REVENUE $271.0M 17% of revenue Operating profit: $56.8M · 4% margin OPERATING PROFIT $56.8M 4% margin Other income: $225.6M · 14% of revenue OTHER INCOME $225.6M 14% of revenue Operating expenses: $1.3B · 80% of revenue OPERATING EXPENSES $1.3B 80% of revenue Net profit: $282.3M · 18% margin NET PROFIT $282.3M 18% margin R&D: $385.2M · 24% of revenue R&D $385.2M 24% of revenue Sales, admin & other: $897.6M · 56% of revenue SALES, ADMIN & OTHER $897.6M 56% of revenue
Gross profit $1.3B 83% margin · +13% Y/Y
Operating profit $56.8M 4% margin
Net profit $282.3M 18% margin
The full income statement, year by year

PATH among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 230 peers the company is above, not a score.

Compare
Revenue growth: 12.7%, above 47% of 230 peers (their median 13.4%) REVENUE GROWTH 12.7% · above 47% Gross margin: 82.6%, above 92% of 210 peers (their median 60.9%) GROSS MARGIN 82.6% · above 92% Operating margin: 8.9%, above 43% of 222 peers (their median 11.5%) OPERATING MARGIN 8.9% · above 43% Net margin: 21.0%, above 76% of 228 peers (their median 10.1%) NET MARGIN 21.0% · above 76% FCF margin: 21.1%, above 55% of 225 peers (their median 20.0%) FCF MARGIN 21.1% · above 55% Return on capital: 8.2%, above 40% of 160 peers (their median 9.8%) RETURN ON CAPITAL 8.2% · above 40%
PATH Peer median Below the median

What changed

12 new risk paragraphs. 10-K filed Mar 25, 2026 against Mar 24, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

10 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 10 checks found nothing to note

  • Receivables +8.2% ($451.1M to $488.3M) vs revenue +12.7% ($1.4B to $1.6B), -4.4 pts apart
  • Cash from operations $371.2M vs net income $282.3M (FY ending Jan 31, 2026)
  • Same auditor in both 10-Ks: KPMG LLP
7 more checks with nothing to note
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Revenue Recognition - Assessment of Terms and Conditions in Certain Contracts
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

12 paragraphs in Risk Factors that were not in the 10-K filed Mar 24, 2025. Quoted as filed.

All 12 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Mar 24, 2025 10-K, ITEM 1A
    It may be difficult and costly to detect, investigate, mitigate, contain, and remediate a security incident. Our efforts to do so may not be successful. Actions taken by us or the third parties with whom we do business to detect, investigate, mitigate, contain, and remediate a security incident could result in outages, data losses, and…
  2. Item 1A · new paragraph · not in the 10-K filed Mar 24, 2025 10-K, ITEM 1A
    Accordingly, despite our efforts, we may be unable to prevent third parties from infringing upon, misappropriating, or otherwise violating our intellectual property rights. Any of the foregoing could adversely impact our business, financial condition, and results of operations.
  3. Item 1A · new paragraph · not in the 10-K filed Mar 24, 2025 10-K, ITEM 1A
    We currently operate internationally, and a component of our growth strategy involves the further expansion of our operations and customer base internationally. Customers outside the U.S. generated 54% and 56% of our

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$1.1B$1.3B$1.4B$1.6B
Net income−$328.4M−$89.9M−$73.7M$282.3M
Operating cash flow−$10.0M$299.1M$320.6M$371.2M
Free cash flow−$33.8M$291.7M$305.6M$352.2M

Revenue, FY2020 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$1.6B ▲ 12.7% in FY2026

FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

UiPath, Inc., New York, NY · from the 10-K filed Mar 25, 2026

First established in Bucharest, Romania in 2005, UiPath was incorporated in Delaware in 2015 as a company principally focused on building and managing automations, starting with computer vision technology and user interface automations in our initial RPA offering, which remains the foundation of our platform today. Over the course of the past several years, we have followed a strategy of leveraging advances in AI to broaden our capabilities.

Headquarters
New York, NY
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
January 31
Last results
Sep 3, 2026
Incorporated in
DE

Employees, at the top of the page: "As of January 31, 2026, we had a total of 3,981 full-time employees, geographically distributed as follows: The following chart presents the distribution of our full-time employees by financial statement line as of January 31, 2026: We are subject to local labor law requirements in all countries in " (10-K). Address and exchange: SEC's company file.

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Sources

The 10-K filed Mar 25, 2026 (open at SEC), compared with the 10-K filed Mar 24, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/PATH/export.csv") into a cell.

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