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UiPath Q2'26 Earnings Highlights

$PATH (+1,14 %)


🔹 Revenue: $361.7M (Est. $347.35M) 🟢; UP +14% YoY

🔹 Adj EPS: $0.15 (Est. $0.09) 🟢


FY26 Guidance:

🔹 Revenue: $1.571B–$1.576B (Est. $1.552B) 🟢; UP +14% YoY

🔹 ARR: $1.834B–$1.839B

🔹 Non-GAAP Operating Income: ~$340M


Q3 Guidance:

🔹 Revenue: $390M–$395M (Est. $384.6M) 🟢; UP +12–13% YoY

🔹 ARR: $1.771B–$1.776B


Other Q2 Metrics:

🔹 ARR: $1.723B; UP +11% YoY

🔹 Net New ARR: $31M

🔹 Dollar-Based Net Retention: 108%

🔹 Non-GAAP Operating Income: $62M

🔹 Cash Flow from Ops: $42M

🔹 Adj. Free Cash Flow: $45M

🔹 Cash & Investments: $1.52B


CEO Commentary:

🔸 “We delivered a strong second quarter with ARR growing 11% YoY to $1.723B, reflecting improved execution and the momentum of our agentic capabilities.”

🔸 “Customers tell us automation and agentic AI are stronger together, delivering real value today while positioning UiPath to lead the next era of enterprise transformation.”


CFO Commentary:

🔸 “Results exceeded the high end of guidance across all key financial metrics.”

🔸 “Momentum from customers and partners, combined with operational efficiency, positions us well for the back half of the year.”


Strategic Highlights:

🔹 Partnership with Deloitte on SAP S/4HANA modernization (93% clean core design).

🔹 Named a Leader in Gartner Magic Quadrant for RPA (7th year running).

🔹 Partnership with HCLTech to scale agentic automation globally.

🔹 Appointed Michael Atalla as new CMO (ex-Microsoft, F5).

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