Company: PATH
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001734722-25-000050
Chunk: 141

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 2
Chunk 141
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 hosting and software services costs.

General and Administrative

 Nine Months Ended October 31,   20252024ChangeChange % (dollars in thousands)General and administrative$160,743 $177,119 $(16,376)(9)%Percentage of revenue14 %18 %  

General and administrative expense decreased by $16.4 million, or 9%, for the nine months ended October 31, 2025 compared to the nine months ended October 31, 2024. This decrease was primarily driven by an $11.9 million decrease in personnel-related expenses, which included a $9.1 million decrease in stock-based compensation expense, a $2.1 million decrease in employee termination benefits due to reduced activity under our Fiscal Year 2025 Workforce Restructuring, which was completed during the second quarter of fiscal year 2026, and a $1.2 million aggregate decrease in employee insurance costs and employer payroll taxes. General and administrative expense was also impacted by a $4.2 million decrease in other taxes in non-U.S. jurisdictions, a $2.8 million decrease in software service and implementation costs, a $2.4 million decrease in charitable donation expense due 

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to reduced fair value of our Class A common shares contributed to a donor-advised fund in the current year, and a $1.4 million aggregate decrease in depreciation and amortization and rent expense. These decreases were partially offset by a $4.2 million increase in third-party advisory fees and a $2.8 million increase in credit loss expense.

Interest Income

 Nine Months Ended October 31,   20252024ChangeChange % (dollars in thousands)Interest income$36,353 $37,255 $(902)(2)%Percentage of revenue3 %4 %  

Interest income remained relatively constant for the nine months ended October 31, 2025 compared to the nine months ended October 31, 2024.

Other (Expense) Income, Net

 Nine Months Ended October 31,   20252024ChangeChange % (dollars in thousands)Other (expense) income, net$(4,636)$26,199 $(30,835)(118)%Percentage of revenue— %3 %  (1) Not meaningful

Other expense, net increased by $30.8 million, or 118%, for the nine months ended October 31, 2025 compared to