UiPath Announces Fiscal 2026 Q4 and Full-Year Financial Results

Bassyonni

Published: March 11, 2026 8:57 PM ET

UiPath Announces Fiscal 2026 Q4 and Full-Year Financial Results

UiPath, Inc. (NYSE: PATH), a leader in agentic automation, recently announced its financial results for the fourth quarter and full year of fiscal 2026, which concluded on January 31, 2026. The company highlighted significant growth, particularly in Annual Recurring Revenue (ARR) and overall revenue.

Q4 Fiscal 2026 Financial Highlights

Revenue reached $481 million, marking a 14% increase year-over-year.
ARR stood at $1.853 billion, reflecting an 11% year-over-year growth.
Net new ARR added was $70 million.
Dollar-based net retention rate was reported at 107%.
GAAP gross margin was 85%, while non-GAAP gross margin was 86%.
GAAP operating income totaled $80 million, compared to a non-GAAP operating income of $150 million.
Net cash flow from operations reached $182 million, with non-GAAP adjusted free cash flow also at $182 million.
Cash reserves amounted to $1.69 billion as of January 31, 2026.

Full Year Fiscal 2026 Overview

Total revenue for the year was $1.611 billion, increasing 13% year-over-year.
Net new ARR for the full year was $186 million.
Full-year GAAP gross margin was 83%, with a non-GAAP gross margin of 85%.
GAAP operating income for the year was $57 million, whereas non-GAAP operating income was $370 million.
Net cash flow from operations for fiscal 2026 reached $371 million, with non-GAAP adjusted free cash flow at $372 million.

Daniel Dines, Founder and CEO, emphasized the company’s strategic growth as enterprise AI adoption matures, necessitating reliable automation solutions. Likewise, Ashim Gupta, COO and CFO, expressed satisfaction with achieving full-year GAAP profitability for the first time.

Stock Repurchase Program

UiPath also announced the completion of its existing stock repurchase program and launched a new initiative authorizing repurchases of up to $500 million of Class A common stock. These repurchases will occur through open market purchases and may utilize trading plans under relevant regulations.

Financial Outlook for Fiscal 2027

Looking ahead, UiPath anticipates revenue of $395 million to $400 million for Q1 of fiscal 2027, with an ARR forecasted between $1.894 billion and $1.899 billion. For the full year, revenue is projected to be between $1.754 billion and $1.759 billion, with expected ARR of $2.051 billion to $2.056 billion.

Recent Business Developments

Launch of new agentic AI solutions aimed at the healthcare sector.
Acquisition of WorkFusion to bolster AI capabilities in financial compliance.
Collaboration with Veeva to enhance software testing in life sciences.
Integration with Talkdesk to improve customer service efficiency.
Acknowledgment as a leader in The Forrester Wave: Autonomous Testing Platforms.
Recognition in G2’s Best Software Awards across five categories.
Achieved AIUC-1 certification for AI agent security and reliability.

UiPath will hold a conference call to discuss its fiscal 2026 financial results and guidance for fiscal 2027 on March 11, 2026. Interested parties can access the call through details available on the El-Balad website.