Company: PATH
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001734722-25-000050
Chunk: 85

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 8
Chunk 85
---
029 20286,795 20292,585 20301,404 Thereafter417 Total$21,583 GoodwillChanges in the carrying amount of goodwill during the nine months ended October 31, 2025 were as follows (in thousands): Carrying AmountBalance as of January 31, 2025$87,304 Acquisition of Peak27,964 Effect of foreign currency translation5,357 Balance as of October 31, 2025$120,625 

8. Operating Leases

Our operating leases consist of real estate and vehicles and have remaining lease terms of one year to 12 years. For purposes of calculating operating lease liabilities, lease terms are deemed to include options to extend the lease when it is reasonably certain that we will exercise those options. Our operating lease arrangements do not contain any material restrictive covenants or residual value guarantees.

14

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

Lease costs are presented below (in thousands):Three Months Ended October 31,Nine Months Ended October 31,2025202420252024Operating lease cost$4,213 $4,200 $12,904 $11,762 Short-term lease cost709 952 2,065 3,099 Variable lease cost999 542 2,648 1,476 Total$5,921 $5,694 $17,617 $16,337 The following table represents the weighted-average remaining lease term and discount rate as of the periods presented:As ofOctober 31,2025January 31,2025Weighted-average remaining lease term (years)9.910.1Weighted-average discount rate7.2 %7.2 %Future undiscounted lease payments for our operating lease liabilities as of October 31, 2025 were as follows (in thousands):AmountRemainder of year ending January 31, 2026$3,339 Year ending January 31,202716,278 202814,687 202910,934 20309,742 Thereafter57,368 Total operating lease payments112,348 Less: imputed interest(30,339)Total operating lease liabilities$82,009 As of October 31, 2025, we had non-cancellable commitments in the amount of $13.0 million related to operating leases of