Company: PATH
Filing Date: 2025-09-08
Form Type: 10-Q
Source: 0001734722-25-000043
Chunk: 102

Company: UiPath, Inc.
Filing Date: 2025-09-08
Form: 10-Q
Item: Part I, Item 8
Chunk 102
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 Months Ended July 31,2025202420252024Revenue$361,728 $316,253 $718,352 $651,365 Significant segment expenses:Adjusted cost of licenses(1)949 1,574 1,977 3,331 Adjusted cost of subscription services(1)(2)(3)(4)33,424 37,264 66,809 68,972 Adjusted cost of professional services and other(2)(3)(4)22,541 14,230 43,907 27,664 Adjusted sales and marketing(1)(2)(3)(4)140,907 148,011 274,098 290,159 Adjusted research and development(2)(3)(4)61,525 63,810 121,710 119,641 Adjusted general and administrative(1)(2)(3)(4)(5)(6)40,089 44,910 77,942 84,779 Other segment items(7)68,716 100,342 169,300 187,465 Amortization of acquired intangible assets2,254 1,751 3,662 3,779 Interest income(12,004)(13,370)(24,652)(27,200)Provision for income taxes1,743 3,828 4,570 7,608 Net income (loss)$1,584 $(86,097)$(20,971)$(114,833)(1) Excludes amortization of acquired intangible assets(2) Excludes stock-based compensation(3) Excludes employer payroll tax on employee equity transactions(4) Excludes restructuring costs(5) Excludes charitable donation of Class A common stock(6) Excludes change in fair value of contingent consideration(7) Other segment items include stock-based compensation expense; employer payroll tax expense related to employee equity transactions; restructuring costs; charitable donation of Class A common stock; change in fair value of contingent consideration; and other income (expense), net, as applicable.Recently Issued Accounting PronouncementsIn December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU No. 2023-09 will require additional tax disclosures, predominantly related to the effective income tax rate reconciliation and income