Company: PATH
Filing Date: 2025-06-03
Form Type: 10-Q
Source: 0001734722-25-000030
Chunk: 17

Company: UiPath, Inc.
Filing Date: 2025-06-03
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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Item 1. Financial Statements (Unaudited).

UiPath, Inc.

Condensed Consolidated Balance Sheets

Amounts in thousands except per share data

(unaudited)As ofApril 30,2025January 31,2025ASSETSCurrent assetsCash and cash equivalents$700,641 $879,196 Restricted cash438 438 Marketable securities854,392 750,322 Accounts receivable, net of allowance for credit losses of $1,924 and $1,642, respectively266,619 451,131 Contract assets103,150 88,735 Deferred contract acquisition costs85,162 82,461 Prepaid expenses and other current assets99,267 86,276 Total current assets2,109,669 2,338,559 Marketable securities, non-current36,467 94,113 Contract assets, non-current2,811 3,447 Deferred contract acquisition costs, non-current138,381 139,341 Property and equipment, net41,964 32,740 Operating lease right-of-use assets66,299 66,500 Intangible assets, net24,054 7,905 Goodwill121,371 87,304 Deferred tax assets29,491 27,963 Other assets, non-current73,935 67,398 Total assets$2,644,442 $2,865,270 LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilitiesAccounts payable$16,885 $33,178 Accrued expenses and other current liabilities123,134 83,923 Accrued compensation and employee benefits44,991 112,355 Deferred revenue530,857 569,464 Total current liabilities715,867 798,920 Deferred revenue, non-current141,169 135,843 Operating lease liabilities, non-current73,433 74,230 Other liabilities, non-current15,512 10,515 Total liabilities945,981 1,019,508 Commitments and contingencies (Note 10)Stockholders' equityPreferred stock, $0.00001 par value per share, 20,000 shares authorized; none issued and outstanding— — Class A common stock, $0.00001 par value per share, 2,000,000 shares authorized; 516,913 and 508,680 shares issued; 457,417