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

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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Repurchases of Class A common stock(329,101)(381,403)Proceeds from exercise of stock options967 934 Payments of tax withholdings on settlement of equity awards(1)(41,703)(60,384)Proceeds from employee stock purchase plan contributions11,864 12,893 Payment of deferred consideration related to business acquisition— (5,570)Net cash used in financing activities(357,973)(433,530)Effect of exchange rate changes13,391 (194)Net decrease in cash, cash equivalents, and restricted cash(135,536)(288,048)Cash, cash equivalents, and restricted cash - beginning of period879,634 1,062,116 Cash, cash equivalents, and restricted cash - end of period$744,098 $774,068 Supplemental disclosure of cash flow informationCash paid for interest$— $309 Cash paid for income taxes, net$12,578 $15,698 Supplemental disclosure of non-cash investing and financing activitiesProperty and equipment purchases included in accounts payable$60 $454 Deferred and contingent consideration recognized in connection with business acquisition$9,835 $— Tax withholdings on net settlement of restricted stock units, accrued but not yet paid$4,761 $4,293 (1) Prior period amounts have been expanded or aggregated to conform to current period presentation

The accompanying notes are an integral part of these condensed consolidated financial statements.

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

1. Organization and Description of Business

Description of BusinessUiPath, Inc. ("UiPath," the “Company,” “we,” “us,” or “our”) was incorporated in Delaware in June 2015 and is headquartered in New York, New York. The UiPath Platform™ is designed to unify AI agents, robots, and people on a single intelligent system. With open and secure orchestration at its core, the platform allows customers to create, deploy, and manage these resources with scalability, flexibility, and compliance, enabling them to safely and confidently scale agentic automation and transform complex business processes.

2. Summary of Significant Accounting Policies

Our significant accounting policies are discussed in greater scope and detail in Note 2, Summary of Significant Accounting Policies, in the notes to consolidated financial statements included in the 2025 Form 10-K. There have been no significant changes to such policies during the nine months