$PATH (+1.65%) | UiPath Q2 Earnings Highlights:

🔹 Adj EPS: $0.04 (Est. $0.03) 🟢

🔹 Revenue: $316M (Est. $303.69M) 🟢; UP +10% YoY

🔹 ARR: $1.551B; UP +19% YoY

Q3 Guidance:

🔹 Revenue: $345M - $350M (Est. $347.2M) 🟡

🔹 ARR: $1.60B - $1.605B

🔹 Adj Operating Income: $27M

FY2025 Guidance:

🔹 Revenue: $1.42B - $1.425B (Est. $1.41B) 🟡

🔹 ARR: $1.665B - $1.670B

🔹 Adj Operating Income: $170M

Q2 Financial Highlights:

🔹 Net New ARR: $43M

🔹 Dollar-Based Net Retention Rate: 115%

🔹 GAAP Gross Margin: 80%

🔹 Non-GAAP Gross Margin: 83%

🔹 Cash Flow from Operations: $46M

🔹 Free Cash Flow: $49M

🔹 Cash and Cash Equivalents: $1.7B

Key Developments:

🔸 $500M Stock Repurchase Program: Announced an additional $500M stock buyback, bringing the total repurchase authorization to $554M.

🔸 Leadership Changes: Ashim Gupta expanded role to Chief Operating Officer alongside his CFO duties.

🔸 Product Innovation: New platform features launched, including UiPath Autopilot for developers and testers, and AI enhancements for intelligent document processing.

CEO Daniel Dines' Commentary:

🔸 "We are pleased with our second quarter results, with ARR growing 19% year-over-year. Our AI-powered automation platform continues to drive value for customers, and we remain focused on product innovation, customer-centricity, and operational efficiencies."

CFO Ashim Gupta's Commentary:

🔸 "Our disciplined decision-making has allowed us to raise profitability guidance for the year, and we are excited about the $500 million expansion of our share repurchase program, demonstrating our confidence in the strategy and long-term shareholder value."