Uipath, Inc. · NYSE:PATH
Uipath — Q4 2026 Earnings Presentation
28 slides from Uipath's earnings presentation, Mar 11, 2026
Slide 1: 4Q FY 2026 Earnings Supplemental Slides
4Q FY 2026 Earnings Supplemental Slides
Slide 2: Safe Harbor
Safe Harbor Statements we make in this presentation may include statements which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, which are usually identified by the use of words such as “anticipate,” “believe,”
Slide 3: Financial highlights
Financial highlights 4Q 2026 FY 2026 Revenue $481M $1.611B Revenue growth year-over-year 14% 13% ARR1 $1.853B ARR1 growth year-over-year 11% GAAP operating income $80M $57M GAAP operating margin 17% 4% Non-GAAP operating income2 $150M $370M Non-GAAP operating margin2 31% 23% GAAP net cash provided b
Slide 4: UiPath advantages
UiPath advantages Unified Extensive Platform Installed Base Enterprise-Grade Deep Vertical Trust & Governance Expertise
Slide 5: UiPath Platform
UiPath Platform UiPath Solutions Agentic Al | RPA | API Foundation AlTrust | Data&Integration | Security&Governance | Flexible Deployment rover @e OOGOCCO- OH OF ® @ @ GB
Slide 6: From individual task automations to business orchestration
From individual task automations to business orchestration
Slide 7: Industry analyst recognition
Industry analyst recognition The Forrester Wave : Autonomous Testing Platforms, Q4 20251 UiPath named a Leader in The Forrester Wave : Autonomous Testing Platforms, Q4 2025 1, receiving the highest possible marks in seven criteria, including vision and roadmap for its testing solution, UiPath Test C
Slide 8: Healthcare
Healthcare • Manages revenue-critical work that impacts business top and bottom line • Manages revenue-critical work that can’t slip • Reduces financial exposure caused by delay and rework • New UiPath Solutions1: • Medical Records Summarization • Claim Denial Prevention and Resolution • Prior Autho
Slide 9: UiPath + WorkFusion
UiPath + WorkFusion Pre-built FCC Agents: UiPath FCC solution can help banks reduce false positives, cut processing costs, and accelerate investigations, while maintaining compliance with global regulations Deep Financial Services Expertise: Strong track record in banking operations and compliance a
Slide 10: Global network of partners
Global network of partners1 Tech Partners GTM Partners 1. Partner sources can be found on https://www.uipath.com/partners 10
Slide 11: Coding Agents across the full automation lifecycle
Coding Agents across the full automation lifecycle Build – Ship complete automations, RPA or agentic, end to end Troubleshoot – Cut maintenance cost and reduce TCO on the existing estate Manage – Every agent-built automation runs on UiPath 11
Slide 12: UiPath Agentic AI Summit
VIRTUAL EVENT UiPath Agentic AI Summit Join us on March 25th at 11AM EDT Register here 12
Slide 13: Financials
Py ’ UiPath 1 = Financials a
Slide 14: Driving durable growth
Driving durable growth ARR1 $ in millions $1,853 $1,782 $1,693 $1,723 $1,666 $1,607 $1,508 $1,551 $1,464 $1,378 Notes: 1. See Appendix for definition of Annualized Renewal Run-rate (ARR) and dollar based net retention rate 2. ARR, YoY ARR growth rate, and Dollar based net retention rate as of Januar
Slide 15: Customer momentum
Customer momentum Scaling large customers Becoming C-Suite priority (Customers ≥ $100k ARR1, 2) (Customers ≥ $1 million ARR1) 2,565 2,292 357 317 4Q 2025 4Q 2026 4Q 2025 4Q 2026 Notes: 1. See Appendix for definition of Annualized Renewal Run-rate (ARR) 2. Customers ≥ $100k ARR inclusive of customers
Slide 16: GAAP financial results
GAAP financial results1,2 ($M) 4Q 2026 4Q 2025 FY 2026 FY 2025 Revenue $481.1 $423.6 $1,610.6 $1,429.7 GAAP gross margin 85% 85% 83% 83% GAAP operating expenses: Sales and marketing $178.2 $176.8 $683.3 $738.5 Research and development $95.2 $99.7 $385.2 $380.7 General and administrative $53.5 $49.0
Slide 17: Non-GAAP financial results
Non-GAAP1 financial results2,3 ($M) 4Q 2026 4Q 2025 FY 2026 FY 2025 Non-GAAP gross margin 86% 87% 85% 85% Non-GAAP operating expenses: Sales and marketing $157.0 $141.9 $587.4 $583.9 Research and development $64.0 $60.7 $250.0 $242.7 General and administrative $42.3 $33.8 $161.1 $155.0 Non-GAAP oper
Slide 18: Guidance
Guidance1 1Q 2027 Guidance1 Revenue $395 million – $400 million ARR2 $1.894 billion – $1.899 billion Non-GAAP Operating Income3 ~$80 million FY 2027 Guidance1 Revenue $1.754 billion – $1.759 billion ARR2 $2.051 billion – $2.056 billion Non-GAAP Operating Income3 ~$415 million Notes: 1. Guidance inhe
Slide 19: FY 2027 model notes
FY 2027 model notes • 1H FY 2027 revenue expected to be approximately $795 million Revenue • 2H FY 2027 revenue expected to reflect similar seasonal patterns as 2H FY 2026, with ~30% of total revenue in 4Q 2027 • 1H FY 2027 net new ARR1 expected to be approximately $73 million Net new ARR1 • 2H FY 2
Slide 20: Questions?
i UiPath IPG = Questions? a
Slide 21: Thank you!
Thank you!
Slide 22: Appendix
i UiPath IPG = Appendix a
Slide 23: Definitions and calculations
Definitions and calculations Annualized Renewal Run-rate (ARR): Annualized Renewal Run-rate (ARR) is the key performance metric we use in managing our business because it illustrates our ability to acquire new subscription customers and to maintain and expand our relationships with existing subscrip
Slide 24: GAAP to Non-GAAP reconciliation
GAAP to Non-GAAP reconciliation1 Gross margin ($M) 4Q 2026 4Q 2025 FY 2026 FY 2025 GAAP revenue $481.1 $423.6 $1,610.6 $1,429.7 GAAP gross profit $407.2 $359.1 $1,339.6 $1,182.7 GAAP gross margin 85% 85% 83% 83% Add: Stock-based compensation expense $4.8 $7.7 $23.2 $30.8 Amortization of acquired int
Slide 25: GAAP to Non-GAAP reconciliation (cont'd)
GAAP to Non-GAAP reconciliation1 (cont’d) Sales and marketing ($M) 4Q 2026 4Q 2025 FY 2026 FY 2025 GAAP sales and marketing $178.2 $176.8 $683.3 $738.5 Less: Stock-based compensation expense $19.2 $28.3 $87.7 $134.6 Amortization of acquired intangible assets $1.1 $0.3 $3.6 $1.4 Employer payroll tax
Slide 26: GAAP to Non-GAAP reconciliation (cont'd)
GAAP to Non-GAAP reconciliation1 (cont’d) Operating margin ($M) 4Q 2026 4Q 2025 FY 2026 FY 2025 GAAP revenue $481.1 $423.6 $1,610.6 $1,429.7 GAAP operating income (loss) $80.3 $33.6 $56.8 $(162.6) GAAP operating margin 17% 8% 4% (11)% Add: Stock-based compensation expense $64.8 $87.6 $290.7 $358.2 A
Slide 27: GAAP to Non-GAAP reconciliation (cont'd)
GAAP to Non-GAAP reconciliation1 (cont’d) Non-GAAP adjusted free cash flow ($M) 4Q 2026 4Q 2025 FY 2026 FY 2025 GAAP net cash provided by operating activities $182.3 $146.1 $371.2 $320.6 Purchases of property and equipment $(3.1) $(7.4) $(19.0) $(14.9) Cash paid for employer payroll taxes related to
Slide 28: Thank you!
Thank you!