Company: PATH
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001734722-25-000050
Chunk: 88

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 8
Chunk 88
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 of our breach of such agreements, services to be provided by us, or from intellectual property infringement claims made by third parties.These indemnification provisions may survive termination of the underlying agreement and the potential amount of future payments we could be required to make under these indemnification provisions may not be subject to maximum loss clauses. The maximum potential amount of future payments we could be required to make under these indemnification provisions is indeterminable. As of October 31, 2025 and January 31, 2025, we have not accrued a liability for these indemnification arrangements because the likelihood of incurring a payment obligation, if any, in connection with these indemnification arrangements is remote.

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Table of ContentsUiPath, Inc.Notes to Condensed Consolidated Financial Statements (Continued)(unaudited)

Workforce RestructuringOn July 8, 2024, our board of directors approved restructuring actions (the "Fiscal Year 2025 Workforce Restructuring") to reshape the organization by streamlining our structure, particularly in operational and corporate functions, to better prioritize our go-to-market investments and focus our research and development investments on AI and driving innovation across our platform. The Fiscal Year 2025 Workforce Restructuring was completed during the three months ended July 31, 2025.The following table presents amounts incurred for restructuring-related costs during the nine months ended October 31, 2025, and the remaining liability, which is recorded in accrued compensation and employee benefits in the condensed consolidated balance sheets, as of October 31, 2025 (in thousands): Employee Termination BenefitsAccrued restructuring costs as of January 31, 2025$9,778 Restructuring costs incurred during the nine months ended October 31, 20254,407 Amount paid during the nine months ended October 31, 2025(13,616)Accrued restructuring costs as of October 31, 2025$569 The following table presents restructuring charges (credits), consisting primarily of employee termination benefits, recognized during the nine months ended October 31, 2025 by financial statement line item (in thousands):Employee Termination BenefitsCost of subscription services revenue$585 Cost of professional services and other revenue18 Sales and marketing2,524 Research and development(52)General and administrative1,332 Total$4,407 Defined Contribution PlansWe sponsor retirement plans for qualifying employees, including a 401(k) plan in the U.S. and