Company: PATH
Filing Date: 2025-09-08
Form Type: 10-Q
Source: 0001734722-25-000043
Chunk: 109

Company: UiPath, Inc.
Filing Date: 2025-09-08
Form: 10-Q
Item: Part I, Item 8
Chunk 109
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,696 $10,643 The following table represents the weighted-average remaining lease term and discount rate as of the periods presented:As ofJuly 31,2025January 31,2025Weighted-average remaining lease term (years)9.610.1Weighted-average discount rate7.6 %7.2 %Future undiscounted lease payments for our operating lease liabilities as of July 31, 2025 were as follows (in thousands):AmountRemainder of year ending January 31, 2026$4,314 Year ending January 31,202715,503 202813,920 202910,430 20309,358 Thereafter57,278 Total operating lease payments110,803 Less: imputed interest(31,493)Total operating lease liabilities$79,310 As of July 31, 2025, we had non-cancellable commitments in the amount of $2.9 million related to operating leases of real estate facilities that have not yet commenced.Current operating lease liabilities of $6.7 million and $3.6 million were included in accrued expenses and other current liabilities on our condensed consolidated balance sheets as of July 31, 2025 and January 31, 2025, respectively.Supplemental cash flow information related to leases for the three and six months ended July 31, 2025 and 2024 was as follows (in thousands):Three Months Ended July 31,Six Months Ended July 31,2025202420252024Cash paid for amounts included in the measurement of operating lease liabilities$3,571 $3,665 $8,041 $7,318 Operating lease ROU assets obtained in exchange for new operating lease liabilities$2,239 $12,748 $2,994 $19,792 

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

9. Condensed Consolidated Balance Sheet Components

Prepaid Expenses and Other Current AssetsPrepaid expenses and other current assets consisted of the following (in thousands):As ofJuly 31,2025January 31,2025Prepaid expenses and service credits$57,453 $65,334 Other current assets52,938 20,942 Prepaid expenses and other current assets$110,391 $86,276 Property and Equipment, NetProperty and equipment, net consisted of the