Company: PATH
Filing Date: 2025-03-24
Form Type: 10-K
Source: 0001734722-25-000007
Chunk: 114

Company: UiPath, Inc.
Filing Date: 2025-03-24
Form: 10-K
Item: Item 8
Chunk 114
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 These amounts represent our best estimate of the tax expense associated with the proposed transfer pricing arrangements and their related effects. We file income tax returns in the U.S. federal jurisdiction, various state jurisdictions, and various international jurisdictions. Tax years 2021 and forward generally remain open for examination for federal and state tax purposes. Tax years 2018 and forward generally remain open for examination for foreign tax purposes. To the extent utilized in future years’ tax returns, NOLs at January 31, 2025 and 2024 will remain subject to examination until the respective tax year is closed.On December 20, 2021, the OECD published the Pillar Two Model Rules defining the global minimum tax, which calls for 15% global minimum tax for multinational enterprises with an annual revenue above €750.0 million. The OECD has since issued administrative guidance providing transition and safe harbor rules around the implementation of the Pillar Two global minimum tax. As of January 31, 2025, various countries, including EU, U.K., Japan, and Australia, have implemented the Pillar Two rules to varying degrees. We assessed and concluded that 

113

UiPath, Inc.Notes to Consolidated Financial Statements 

the Pillar Two Model Rules do not have a significant impact on our consolidated financial statements for fiscal year 2025. We will continue to monitor developments and evaluate potential impact on future periods.

15Net Loss Per ShareThe following table sets forth the computation of basic and diluted net loss per share for the periods presented (in thousands except per share amounts):Year Ended January 31,202520242023Class AClass BClass AClass BClass AClass BNumerator:Net loss$(62,842)$(10,852)$(76,739)$(13,144)$(278,950)$(49,402)Denominator:Weighted-average shares used in computing net loss per share, basic and diluted477,480 82,453 481,402 82,453 465,569 82,453 Net loss per share, basic and diluted$(0.13)$(0.13)$(0.16)$(0.16)$(0.60)$(0.60)Anti-dilutive common stock equivalents excluded from the computation of diluted net loss per share were as follows (in thousands):Year Ended January 31,202520242023Class AClass BClass AClass BClass AClass BUnvested RSUs30,239 —