Company: PATH
Filing Date: 2025-06-03
Form Type: 10-Q
Source: 0001734722-25-000030
Chunk: 114

Company: UiPath, Inc.
Filing Date: 2025-06-03
Form: 10-Q
Item: Part I, Item 2
Chunk 114
---
Research and development (2)(3)(4)94,839 85,603 General and administrative (1)(2)(3)(4)54,679 63,510 Total operating expenses309,179 329,252 Operating loss(16,412)(49,465)Interest income12,648 13,830 Other (expense) income, net(15,964)10,679 Loss before income taxes(19,728)(24,956)Provision for income taxes2,827 3,780 Net loss$(22,555)$(28,736)(1) Includes amortization of acquired intangible assets as follows:Cost of licenses revenue$240 $844 Cost of subscription services revenue681 593 Sales and marketing456 552 General and administrative31 39 Total amortization of acquired intangible assets$1,408 $2,028 (2) Includes stock-based compensation expense as follows:Cost of subscription services revenue$3,874 $4,276 Cost of professional services and other revenue2,728 2,470 Sales and marketing23,586 36,216 Research and development34,595 29,142 General and administrative11,578 16,623 Total stock-based compensation expense$76,361 $88,727 (3) Includes employer payroll tax expense related to equity transactions as follows:Cost of subscription services revenue$70 $177 Cost of professional services and other revenue27 66 Sales and marketing447 1,223 Research and development390 630 General and administrative127 415 Total employer payroll tax expense related to equity transactions$1,061 $2,511 (4) Includes restructuring expense as follows:Cost of subscription services revenue$458 $— Sales and marketing1,981 — Research and development(331)— General and administrative903 — Total restructuring expense$3,011 $— 

30

 Three Months Ended April 30, 20252024 (as a percentage of revenue)Revenue:  Licenses36 %42 %Subscription services61 %55 %Professional services and other3 %3 %Total revenue100 %100 %Cost of revenue:Licenses— %1 %Subscription services11 %11 %Professional services and other7 %5 %Total cost of revenue18 %17 %Gross