Company: PATH
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001734722-25-000050
Chunk: 101

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 8
Chunk 101
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loss) per share, basic$0.33 $0.33 $(0.22)$(0.22)Net income (loss) per share, diluted$0.33 $0.33 $(0.22)$(0.22)Anti-dilutive common stock equivalents excluded from the computation of diluted net income (loss) per share were as follows (in thousands):

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

Three Months Ended October 31,20252024Class AClass BClass AClass BUnvested RSUs7,721 — 29,231 — Outstanding stock options1,288 — 9,995 — Shares issuable under ESPP— — 825 — Returnable shares issued in connection with business acquisition— — 136 — Shares subject to repurchase from RSAs and early exercised stock options— — 3 — Total9,009 — 40,190 — Nine Months Ended October 31,20252024Class AClass BClass AClass BUnvested RSUs11,213 — 31,640 — Outstanding stock options2,244 — 10,505 — Shares issuable under ESPP140 — 783 — Returnable shares issued in connection with business acquisition— — 226 — Shares subject to repurchase from RSAs and early exercised stock options— — 16 — Total13,597 — 43,170 — 

15. Related Party Transactions

We have at times made use of an aircraft which is owned by Daniel Dines, our CEO, through a special purpose limited liability company and which is operated by a third-party aircraft management company. Mr. Dines, through the special purpose limited liability company, bears all associated operating, personnel, and maintenance costs. For the nine months ended October 31, 2025 and 2024, we incurred expenses of $1.3 million and none, respectively, in connection with our business use of the aircraft.

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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