Company: PATH
Filing Date: 2025-03-24
Form Type: 10-K
Source: 0001734722-25-000007
Chunk: 229

Company: UiPath, Inc.
Filing Date: 2025-03-24
Form: 10-K
Item: Item 7
Chunk 229
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,130 Other income, net35,047 31,775 Loss before income taxes(78,100)(75,815)(Benefit from) provision for income taxes(4,406)14,068 Net loss$(73,694)$(89,883)

(1) Includes amortization of acquired intangible assets as follows (in thousands):Year Ended January 31,20252024Cost of licenses revenue$2,747 $3,371 Cost of subscription services revenue2,382 2,359 Sales and marketing1,428 2,706 General and administrative154 164 Total amortization of acquired intangible assets$6,711 $8,600 

(2) Includes stock-based compensation expense as follows (in thousands):Year Ended January 31,20252024Cost of subscription services revenue$19,401 $14,750 Cost of professional services and other revenue11,386 10,958 Sales and marketing134,646 144,863 Research and development132,757 117,965 General and administrative59,961 83,419 Total stock-based compensation expense$358,151 $371,955 

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(3) Includes employer payroll tax expense related to employee equity transactions as follows (in thousands):Year Ended January 31,20252024Cost of subscription services revenue$448 $434 Cost of professional services and other revenue188 327 Sales and marketing3,069 4,176 Research and development2,188 3,027 General and administrative1,106 1,924 Total employer payroll tax expense related to employee equity transactions$6,999 $9,888 

(4) Includes restructuring expense as follows (in thousands):Year Ended January 31,20252024Cost of subscription services revenue$2,745 $114 Cost of professional services and other revenue105 — Sales and marketing15,452 1,376 Research and development3,058 387 General and administrative3,366 749 Total restructuring expense$24,726 $2,626 

The following table sets forth our consolidated statement of operations data expressed as a percentage of revenue for the periods indicated:

Year Ended January 31,20252024Revenue:Licenses41 %47 %Subscription services56 %50 %Professional services and other3 %3 %