UiPath reported Q2 earnings of 15 cents per share, beating the street estimate of 8 cents. Quarterly revenue was $362 million, up from $316.25 million in the prior year's quarter. ARR increased 11% YoY to $1.723 billion. The company raised its fiscal 2026 revenue outlook to $1.571 billion to $1.576 billion. UiPath stock was up 2.49% at $11.12 in extended trading.
UiPath, Inc. (NYSE: PATH) reported its second quarter fiscal 2026 financial results, beating market expectations. The company reported earnings of 15 cents per share, surpassing the street estimate of 8 cents. Quarterly revenue reached $362 million, marking a 14% year-over-year increase from $316.25 million in the prior year's quarter. Additionally, annualized recurring revenue (ARR) grew 11% year-over-year to $1.723 billion [1].
The company's strong performance was driven by a 14% increase in revenue and an 11% increase in ARR. Cash flow from operations reached $42 million, and non-GAAP adjusted free cash flow reached $45 million. UiPath also reported a net new ARR of $31 million and a dollar-based net retention rate of 108% [1].
UiPath's Chief Executive Officer, Daniel Dines, commented on the results, stating, "We delivered a strong second quarter with ARR growing 11% year-over-year to $1.723 billion, reflecting the team’s improved execution and the growing momentum of our agentic capabilities." The company's continued innovation and best-in-class products are enabling customers across industries to move beyond pilots into production deployments [1].
For the third quarter fiscal 2026, UiPath expects revenue in the range of $390 million to $395 million and ARR in the range of $1.771 billion to $1.776 billion as of October 31, 2025. The company also expects non-GAAP operating income of approximately $70 million for the quarter [1].
Looking ahead to the full year fiscal 2026, UiPath expects revenue in the range of $1.571 billion to $1.576 billion and ARR in the range of $1.834 billion to $1.839 billion as of January 31, 2026. The company expects non-GAAP operating income of approximately $340 million for the year [1].
UiPath's stock was up 2.49% at $11.12 in extended trading following the earnings report.
References:
[1] https://ir.uipath.com/news/detail/404/uipath-reports-second-quarter-fiscal-2026-financial-results
Comments
No comments yet