Company: PATH
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001734722-25-000050
Chunk: 61

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 1
Chunk 61
---
 expense related to equity transactions$903 $787 $3,063 $4,433 (4) Includes restructuring expense as follows:Cost of subscription services revenue$— $7 $585 $325 Cost of professional services and other revenue— (21)18 105 Sales and marketing— 1,956 2,524 9,927 Research and development— 187 (52)1,868 General and administrative— 911 1,332 3,427 Total restructuring expense$— $3,040 $4,407 $15,652 

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 Three Months Ended October 31,Nine Months Ended October 31, 2025202420252024 (as a percentage of revenue)(as a percentage of revenue)Revenue:  Licenses37 %39 %35 %39 %Subscription services60 %58 %62 %58 %Professional services and other3 %3 %3 %3 %Total revenue100 %100 %100 %100 %Cost of revenue:Licenses— %1 %— %1 %Subscription services10 %12 %10 %12 %Professional services and other7 %5 %7 %5 %Total cost of revenue17 %18 %17 %18 %Gross profit83 %82 %83 %82 %Operating expenses:Sales and marketing44 %53 %45 %56 %Research and development23 %27 %26 %28 %General and administrative13 %14 %14 %18 %Total operating expenses80 %94 %85 %102 %Operating income (loss)3 %(12)%(2)%(20)%Interest income3 %3 %3 %4 %Other (expense) income, net— %2 %— %3 %Income (loss) before income taxes6 %(7)%1 %(13)%Benefit from income taxes(42)%(4)%(15)%(1)%Net income (loss)48 %(3)%16 %(12)%

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Comparison of the Three Months Ended October 31, 2025 and 2024

Revenue

Three Months Ended October 31,20252024ChangeChange %(dollars in thousands)Lic