Q3 2026 UiPath Inc Earnings Call Transcript
Key Points
- UiPath Inc (PATH) reported a strong third quarter with revenue increasing by 16% to $411 million.
- The company achieved its first GAAP profitable third quarter, with a GAAP operating income of $13 million.
- UiPath Inc (PATH) saw a significant increase in annual recurring revenue (ARR), reaching $1.78 billion, up 11% year-over-year.
- The company showcased advancements in its platform, including new integrations with major partners like OpenAI, Microsoft, NVIDIA, Google, and Snowflake.
- UiPath Inc (PATH) was recognized as a leader in the Gartner Magic Quadrant for intelligent document processing and AI-augmented software testing tools.
- The macroeconomic environment remains variable, impacting the company's outlook and guidance.
- Despite positive results, the adoption of agentic capabilities is still in its early phases and not expected to contribute materially to fiscal 2026 top-line growth.
- The Japanese yen's depreciation against the US dollar has created a headwind for fourth-quarter guidance.
- The company continues to face pressure at the lower end of its customer base, affecting net new ARR.
- There is no significant pricing uplift from AI solutions yet, as the focus remains on increasing platform stickiness and customer engagement.
Greetings, and welcome to the UiPath third quarter 2026 earnings conference call. (Operator Instructions) Please note that this call is being recorded.
I will now turn the conference over to your host, Allise Furlani, Vice President of Investor Relations. Thank you. You may begin.
Good afternoon and thank you for joining us today to review UiPath's third quarter fiscal 2026 financial results, which we announced in our earnings press release issued after the close of the market today. On the call with me are Daniel Dines, Founder and Chief Executive Officer; and Ashim Gupta, Chief Operating and Financial Officer, to deliver our prepared comments and answer questions. Our earnings press release and financial supplemental materials are posted on the UI Pass Investor Relations website. These materials include GAAP to non-GAAP reconciliations.
We will be discussing non-GAAP metrics on today's call. This afternoon's call includes forward-looking statements regarding our
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
