NYSE$PATH
UiPath Inc. · Q2 2026 earnings
Q2 2026 earnings · · After market close · Investor relations
Briefing
UiPath reported second quarter results with positive net income and strong revenue growth.
UiPath exceeded guidance across key financial metrics in Q2 FY26, achieving positive net income, strong ARR growth, and operational momentum fueled by customer adoption of agentic automation.
- Revenue reached $361,728,000, up from $316,253,000 in the same quarter last year.
- Net income turned positive at $1,584,000 compared to a loss of $86,097,000 last year.
- ARR grew to $1,723,000,000, driven by stronger customer execution.
- Non-GAAP operating income reached $62,293,000, signaling improved efficiency.
Headline financials
Revenue & EPS history
UiPath · Revenue · Quarterly
$362M
Revenue by segment
UiPath · $326M total across 3 segments · Q3 2024
- Subscription Services$168M+28.7%51.4%
- Licenses$148M+25.3%45.4%
- Professional Services$10.3M-28.4%3.2%
Forward guidance
UiPath expects continued growth in revenue and ARR for Q3 and full year FY26, with rising non-GAAP operating income projections.
Tailwinds
- Q3 FY26 revenue expected between $390M–$395M.
- Q3 FY26 ARR expected between $1.771B–$1.776B.
- Full-year FY26 revenue forecasted between $1.571B–$1.576B.
- Full-year FY26 ARR projected between $1.834B–$1.839B.
- Non-GAAP operating income guidance for FY26 is $340M.
Headwinds
- GAAP operating income not projected due to stock-based compensation variability.
- Full-year deferred revenue declined compared to January.
- Costs related to restructuring and stock repurchases impacted cash position.
- Q2 net income was marginal despite strong revenue growth.
- High stock-based compensation continues to affect GAAP profitability.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2026
-2.2%
Avg return
Earnings day
-2.7%
Avg return
5 days after
-7.6%
Avg return
30 days after
38%
9 / 24 earnings
Positive
+26.0%
Q3 2024
Best reaction
-35.6%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | -8.0% | -3.2% | -24.2% | |
| Q3 2026 | +24.4% | +27.7% | +6.9% | |
| Q2 2026 | +5.9% | +7.0% | +18.9% | |
| Q1 2026 | +2.9% | +0.9% | -1.6% | |
| Q4 2025 | -15.7% | -9.1% | -8.1% | |
| Q3 2025 | -3.4% | -4.0% | -13.4% | |
| Q2 2025 | -5.9% | -5.4% | -1.8% | |
| Q1 2025 | -35.6% | -36.4% | -32.4% | |
| Q4 2024 | -7.7% | -6.4% | -15.9% | |
| Q3 2024 | +26.0% | +24.2% | +25.0% | |
| Q2 2024 | +11.7% | +18.5% | +3.3% | |
| Q1 2024 | -12.7% | -6.1% | -5.4% | |
| Q4 2023 | +19.9% | +14.6% | +12.8% | |
| Q3 2023 | +16.5% | -0.2% | +1.9% | |
| Q2 2023 | -14.0% | -9.1% | -15.1% | |
| Q1 2023 | +15.1% | +13.6% | +9.6% | |
| Q4 2020 | -0.5% | -10.1% | -13.8% | |
| Q4 2022 | -31.2% | -27.4% | -43.2% | |
| Q3 2021 | -7.5% | -10.4% | -16.7% | |
| Q3 2022 | +0.1% | -7.4% | -16.6% | |
| Q2 2021 | -12.9% | -11.1% | -17.7% | |
| Q2 2022 | -10.9% | -12.7% | -17.4% | |
| Q4 2021 | -2.6% | -8.2% | -9.9% | |
| Q1 2022 | -7.0% | -3.2% | -7.4% | |
| Q1 2021 | — | — | — |
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