Companies /Technology
UiPath Inc - Class A
NYSE: PATH Software - Infrastructure
$13.32
▼ $0.16 (−1.19%) today
Markets closed · 7:12pm ET

UiPath (PATH) Q4 2026 Earnings

Reported Mar 11, 2026, 4:13pm ET · SEC source
$0.30
Beat +17.74%
EPS · est. $0.25
$481.1M
Beat +3.51%
Revenue · est. $464.8M
−19.7%
Trailing market
PATH vs S&P since report
1 quarter
Consecutive EPS beats

How Did PATH Stock React to Q4 2026 Earnings?

% change · around the report
−12%−8%−4%0Mar 11Mar 12report 4:13pm ETearnings−1.4%−10.8%
−12%−8%−4%0Mar 11Mar 12earnings−1.4%−10.8%
PATH −10.8%S&P 500 −1.4%
−12%−8%−4%0Mar 11Mar 12report 4:13pm ETearnings−1.7%−10.8%
−12%−8%−4%0Mar 11Mar 12earnings−1.7%−10.8%
PATH −10.8%NASDAQ −1.7%
−4%0+4%Mar 10Mar 19report 4:13pm ETearnings−2.1%+1.7%
−4%0+4%Mar 10Mar 19earnings−2.1%+1.7%
PATH +1.7%S&P 500 −2.1%
−4%0+4%Mar 10Mar 19report 4:13pm ETearnings−2.0%+1.7%
−4%0+4%Mar 10Mar 19earnings−2.0%+1.7%
PATH +1.7%NASDAQ −2.0%
+6.82%
Day of report
−8.16%
Next session
+0.57%
One week
−18.26%
30 days

S&P 500 over the same 30 days: +1.44%.

Did PATH Beat Earnings? Q4 2026 Results

Yes. UiPath reported Q4 2026 earnings of $0.30 a share on Mar 11, 2026, beating the $0.25 consensus estimate by 17.7%. Revenue was $481.1M against a $464.8M estimate.

UiPath closed out fiscal 2026 on a firm note, posting Q4 revenue of $481.11 million, up 13.6% year-over-year and ahead of the $464.81 million consensus estimate by 3.51%, while adjusted EPS of $0.30 cleared the $0.25 consensus by 17.74%. The quarter's outperformance was anchored by continued momentum in agentic AI adoption, with annual recurring revenue reaching $1.85 billion, up 11% year-over-year, as enterprises increasingly leaned on UiPath's platform to orchestrate AI agents at scale. GAAP operating income expanded sharply to $80.29 million from $33.61 million a year ago, reflecting meaningful operating leverage across the business. Despite the strong results, shares slipped as investors weighed cautious forward guidance, with full-year FY2027 revenue expected in the range of $1.75 billion to $1.76 billion, implying roughly 9% growth, and Q1 revenue guided to $395 million to $400 million. Non-GAAP operating income for FY2027 is projected at approximately $415 million, pointing to continued margin expansion even as near-term growth moderates.

Key Takeaways
  • ARR grew 11% YoY to $1.853 billion with $70 million net new ARR in Q4
  • Dollar-based net retention rate of 107%
  • Revenue growth of 14% YoY driven by licenses and subscription services
  • Non-GAAP operating margin expanded to 31% in Q4
  • Disciplined cost management and operating leverage across the business

“We delivered a strong quarter and closed out a year of disciplined execution, with ARR growing 11 percent year-over-year to $1.853 billion.”

UiPath CEO, on the earnings call

What Was UiPath's Outlook in Q4 2026?

For Q1 FY2027, UiPath expects revenue of $395–$400 million, ARR of $1.894–$1.899 billion as of April 30, 2026, and non-GAAP operating income of approximately $80 million. For full-year FY2027, the company expects revenue of $1.754–$1.759 billion, ARR of $2.051–$2.056 billion as of January 31, 2027, and non-GAAP operating income of approximately $415 million.

PATH YoY Financials

Q4 2026 vs Q4 2025 · SEC filings Q4 2025 Q4 2026
$0$200.0M$400.0M$423.7M$481.1MRevenue$359.1M$407.2MGross Profit$33.6M$80.3MOperating Income$51.8M$104.5MNet Income
$0$200.0M$400.0MRevenueGross ProfitOperating IncomeNet Income
PATH income statement, Q4 2026 versus Q4 2025
Metric Q4 2026 Q4 2025 Year over year
Revenue $481.1M $423.7M +13.6%
Gross Profit $407.2M $359.1M +13.4%
Operating Income $80.3M $33.6M +138.9%
Net Income $104.5M $51.8M +101.7%

PATH Revenue by Segment

Subscription Services$251.2M
Licenses$215.9M
Professional Services and Other$14.0M

Figures from SEC filings and company reports. Not investment advice.