Company: PATH
Filing Date: 2025-03-24
Form Type: 10-K
Source: 0001734722-25-000007
Chunk: 280

Company: UiPath, Inc.
Filing Date: 2025-03-24
Form: 10-K
Item: Item 7
Chunk 280
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iscal 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 

103

UiPath, Inc.Notes to Consolidated Financial Statements 

accordance with ASC 450, Contingencies, we make a provision for a liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated.UiPath and certain of its officers are currently parties to the following litigation matters:On September 6, 2023, a putative class action lawsuit was filed in the United States District Court for the Southern District of New York against UiPath, then Co-CEO Daniel Dines, and