Company: PATH
Filing Date: 2025-06-03
Form Type: 10-Q
Source: 0001734722-25-000030
Chunk: 86

Company: UiPath, Inc.
Filing Date: 2025-06-03
Form: 10-Q
Item: Part I, Item 8
Chunk 86
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30,20252024Class AClass BClass AClass BNumerator:Net loss$(19,277)$(3,278)$(24,579)$(4,157)Denominator:Weighted-average shares used in computing net loss per share, basic and diluted468,751 79,700 487,472 82,453 Net loss per share, basic and diluted$(0.04)$(0.04)$(0.05)$(0.05)

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

Anti-dilutive common stock equivalents excluded from the computation of diluted net loss per share were as follows (in thousands):Three Months Ended April 30,20252024Class AClass BClass AClass BUnvested RSUs25,881 — 32,230 — Outstanding stock options8,830 — 10,946 — Shares issuable under ESPP1,043 — 690 — Unvested PSUs205 — — — Returnable shares issued in connection with business acquisition136 — 274 — Shares subject to repurchase from RSAs and early exercised stock options— — 28 — Total36,095 — 44,168 — 

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Table of Contents

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our unaudited condensed consolidated financial statements and related notes included elsewhere in this Quarterly Report on Form 10-Q and our audited consolidated financial statements and the related notes and the discussion under the heading “Management’s Discussion and Analysis of Financial Condition and Results of Operations” for the fiscal year ended January 31, 2025 included in our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on March 24, 2025 (the "2025 Form 10-K"). This discussion, particularly information with respect to our future results of operations or financial condition, business strategy, and plans and objectives of management for future operations, includes forward-looking statements that involve risks and uncertainties as described under the heading “Special Note Regarding Forward-Looking Statements” in this Quarterly Report on Form 10-Q. You should review the disclosure under Part I, Item 1A, "Risk Factors," in the