Company: PATH
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001734722-25-000050
Chunk: 28

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 creditworthiness and applying other credit risk monitoring procedures. Significant customers are those that represent 10% or more of our total revenue for the period or accounts receivable at the balance sheet date. For the three and nine months ended October 31, 2025 and 2024, no single customer accounted for 10% or more of our total revenue. As of October 31, 2025 and January 31, 2025, no single customer accounted for 10% or more of our accounts receivable.Segment InformationOur chief operating decision maker ("CODM") is our Chief Executive Officer ("CEO"). The CODM reviews financial information at the consolidated level and manages business activities as one operating and reportable segment. Because the assets of our single reportable segment are presented as total assets on our condensed consolidated balance sheets, no other measure of segment assets is regularly provided to the CODM. Net income (loss), as reported on our condensed consolidated statements of operations, is one of the measures of segment profit or loss used by our CODM to evaluate performance relative to plan, make resource allocation decisions, and monitor profitability trends.

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

Significant Segment ExpensesRevenue is reduced by significant expenses regularly provided to the CODM, as well as other segment items, to arrive at net income (loss) for the periods presented as follows (in thousands):Three Months Ended October 31,Nine Months Ended October 31,2025202420252024Revenue$411,113 $354,653 $1,129,465 $1,006,018 Significant segment expenses:Adjusted cost of licenses(1)1,060 1,518 3,037 4,849 Adjusted cost of subscription services(1)(2)(3)(4)35,840 37,791 102,649 106,763 Adjusted cost of professional services and other(2)(3)(4)24,999 14,980 68,906 42,644 Adjusted sales and marketing(1)(2)(3)(4)156,263 151,881 430,361 442,040 Adjusted research and development(2)(3)(4)64,276 62,341 185,986 181,982 Adjusted general and administrative(1)(2)(3)(4)(5)(6)40,897 36,421