UiPath 2026 Q2 Earnings Strong Performance as Net Income Surges 101.8%

UiPath(PATH) reported its fiscal 2026 Q2 earnings on Sep 04th, 2025. The company delivered a strong performance, beating expectations with a significant turnaround in net income and raising its full-year guidance, signaling confidence in future growth and operational improvements.

Revenue
UiPath reported total revenue of $361.73 million for the second quarter of 2026, representing a 14.4% increase compared to $316.25 million in the same period of 2025. The revenue was driven by strong performance across key business segments, with licenses contributing $112.16 million, subscription services accounting for $238.36 million, and professional services and other generating $11.20 million.

Earnings/Net Income
UiPath achieved a net income of $1.58 million in Q2 2026, marking a 101.8% positive swing from a net loss of $86.10 million in the prior year’s quarter. While the company maintained an EPS of $0.00, this represents a significant turnaround after six years of sustained losses, indicating improved profitability and operational efficiency.

Price Action
UiPath’s stock price has declined in recent trading periods, with a 0.73% dip on the latest trading day, a 2.60% drop during the most recent full trading week, and a 4.32% decrease month-to-date.

Post Earnings Price Action Review
Daniel Dines, Co-Founder, CEO, and Executive Chairman of the Board, highlighted a strong Q2 performance, exceeding guidance across key financial metrics, including an 11% increase in ARR to $1.723 billion and a 14% revenue growth to $362 million. Dines emphasized the growing synergy between automation and AI, noting that agentic solutions are driving larger deal sizes and faster commercial momentum. He also underscored progress in go-to-market execution, including expanded sales capacity and value-based strategies, which are contributing to a higher-quality sales pipeline and increased customer adoption. Dines expressed optimism about the future of enterprise transformation, citing customer ROI, innovation in agentic capabilities, and UiPath’s leadership in RPA and orchestration. Additionally, he pointed to the company’s expanding ecosystem, strategic partnerships, and growing momentum in the public sector, framing the outlook as confident and forward-looking.

Guidance
UiPath raised its fiscal 2026 guidance, with Q3 revenue expected between $390 million and $395 million, and full-year revenue projected between $1.571 billion and $1.576 billion. ARR for Q3 is anticipated to range from $1.771 billion to $1.776 billion, with full-year ARR between $1.834 billion and $1.839 billion. Non-GAAP operating income for Q3 is expected at approximately $70 million, with full-year non-GAAP operating income projected at $340 million. The company expects full-year non-GAAP adjusted free cash flow of approximately $370 million and non-GAAP gross margin of about 85%. The guidance reflects continued focus on operational efficiency, macroeconomic prudence, and early traction in agentic adoption, though material top-line contributions from agentic solutions are not anticipated in 2026.

Additional News
UiPath Inc. (PATH) held its Q2 2026 Earnings Call on September 4, 2025, at 5:00 PM EDT. The call was led by Allise Furlani, Senior Director of Investor Relations, alongside CEO Daniel Dines and CFO and COO Ashim Gupta, who provided prepared comments and answered questions. A wide range of financial analysts from major institutions participated in the call, including representatives from TD Cowen, William Blair, Wells Fargo, Barclays, RBC Capital Markets, Morgan Stanley, and BofA Securities, among others. The earnings release and related materials were posted on UiPath’s Investor Relations website, with a focus on non-GAAP metrics and forward-looking guidance. No earnings metrics were included in the transcript itself, which primarily outlined the structure and participants of the call.