UiPath, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.61B | $1.43B | $1.31B | $1.06B | $892.3M | $607.6M | $336.2M |
| Cost of Revenue | $271.0M | $246.9M | $195.9M | $180.1M | $168.9M | $65.9M | $59.4M |
| Gross Profit | $1.34B | $1.18B | $1.11B | $878.5M | $723.4M | $541.8M | $276.8M |
| Gross Margin | 83.2% | 82.7% | 85.0% | 83.0% | 81.1% | 89.2% | 82.3% |
| Operating Expenses | |||||||
| Research & Development | $385.2M | $380.7M | $332.1M | $285.8M | $276.7M | $109.9M | $131.1M |
| SG&A Expense | $214.3M | $226.1M | $231.6M | $239.5M | $250.0M | $162.0M | $179.6M |
| Operating Income | $56.8M | $-162.6M | $-164.7M | $-348.3M | $-500.9M | $-110.3M | $-517.3M |
| Operating Margin | 3.5% | -11.4% | -12.6% | -32.9% | -56.1% | -18.2% | -153.9% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $100.6M | $-78.1M | $-75.8M | $-317.6M | $-510.9M | $-94.7M | $-517.1M |
| Income Tax Expense | $-181.7M | $-4.4M | $14.1M | $10.8M | $14.7M | $-2.3M | $2.8M |
| Net Income | $282.3M | $-73.7M | $-89.9M | $-328.4M | $-525.6M | $-92.4M | $-519.9M |
| Net Margin | 17.5% | -5.2% | -6.9% | -31.0% | -58.9% | -15.2% | -154.7% |
| EPS (Basic) | $0.52 | $-0.13 | $-0.16 | $-0.60 | $-1.16 | $-0.18 | $-1.14 |
| EPS (Diluted) | $0.52 | $-0.13 | $-0.16 | $-0.60 | $-1.16 | $-0.18 | $-1.14 |
| Shares Outstanding (Basic) | 538.1M | 559.9M | 563.9M | 548.0M | 454.6M | 504.8M | 457.1M |
| Shares Outstanding (Diluted) | 544.9M | 559.9M | 563.9M | 548.0M | 454.6M | 504.8M | 457.1M |
| Dividends Per Share | — | — | — | — | — | — | — |