Company: PATH
Filing Date: 2025-06-03
Form Type: 10-Q
Source: 0001734722-25-000030
Chunk: 53

Company: UiPath, Inc.
Filing Date: 2025-06-03
Form: 10-Q
Item: Part I, Item 1
Chunk 53
---
Operating loss(16,412)(49,465)Interest income12,648 13,830 Other (expense) income, net(15,964)10,679 Loss before income taxes(19,728)(24,956)Provision for income taxes2,827 3,780 Net loss$(22,555)$(28,736)(1) Includes amortization of acquired intangible assets as follows:Cost of licenses revenue$240 $844 Cost of subscription services revenue681 593 Sales and marketing456 552 General and administrative31 39 Total amortization of acquired intangible assets$1,408 $2,028 (2) Includes stock-based compensation expense as follows:Cost of subscription services revenue$3,874 $4,276 Cost of professional services and other revenue2,728 2,470 Sales and marketing23,586 36,216 Research and development34,595 29,142 General and administrative11,578 16,623 Total stock-based compensation expense$76,361 $88,727 (3) Includes employer payroll tax expense related to equity transactions as follows:Cost of subscription services revenue$70 $177 Cost of professional services and other revenue27 66 Sales and marketing447 1,223 Research and development390 630 General and administrative127 415 Total employer payroll tax expense related to equity transactions$1,061 $2,511 (4) Includes restructuring expense as follows:Cost of subscription services revenue$458 $— Sales and marketing1,981 — Research and development(331)— General and administrative903 — Total restructuring expense$3,011 $— 

30

 Three Months Ended April 30, 20252024 (as a percentage of revenue)Revenue:  Licenses36 %42 %Subscription services61 %55 %Professional services and other3 %3 %Total revenue100 %100 %Cost of revenue:Licenses— %1 %Subscription services11 %11 %Professional services and other7 %5 %Total cost of revenue18 %17 %Gross profit82 %83 %Operating expenses:Sales and marketing45 %53 %Research and development27 %26 %General and administrative15 %19 %Total operating expenses87 %98 %Operating loss(