Company: PATH
Filing Date: 2025-03-24
Form Type: 10-K
Source: 0001734722-25-000007
Chunk: 98

Company: UiPath, Inc.
Filing Date: 2025-03-24
Form: 10-K
Item: Item 8
Chunk 98
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 Workforce Restructuring is substantially completed, with any remaining actions now expected to be completed by end of the second quarter of fiscal year 2026.We incurred $24.7 million and $2.6 million of expense related to restructuring actions in fiscal years 2025 and 2024, respectively. The following table shows the amounts incurred during fiscal years 2025 and 2024, and the related liability, which is recorded in accrued compensation and employee benefits in the consolidated balance sheets, for restructuring-related costs (in thousands):Fiscal Year 2025 Workforce RestructuringFiscal Year 2023 Workforce RestructuringAccrued restructuring costs as of January 31, 2023$— $3,889 Restructuring costs incurred during fiscal year 2024— 2,626 Amount paid during fiscal year 2024— (6,180)Accrued restructuring costs as of January 31, 2024— 335 Restructuring costs incurred during fiscal year 202524,726 — Amount paid during fiscal year 2025(14,948)(335)Accrued restructuring costs as of January 31, 2025$9,778 $— The following table presents restructuring charges, consisting primarily of employee termination benefits, incurred for the periods presented by financial statement line item (in thousands):Year Ended January 31,202520242023Cost of subscription services revenue$2,745 $114 $182 Cost of professional services and other revenue105 — 710 Sales and marketing15,452 1,376 19,491 Research and development3,058 387 494 General and administrative3,366 749 2,569 Total$24,726 $2,626 $23,446 Defined Contribution PlansWe sponsor retirement plans for qualifying employees, including a 401(k) plan in the U.S. and defined contribution plans in certain other countries, to which we make matching contributions. Our total matching contributions to all defined contribution plans during fiscal years 2025, 2024, and 2023 were $17.1 million, $16.0 million, and $14.5 million, respectively.LitigationFrom time to time, we may be involved in lawsuits, claims, investigations, and proceedings, consisting of intellectual property, commercial, employment, and other matters which arise in the ordinary course of business. In 

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