Company: PATH
Filing Date: 2025-06-03
Form Type: 10-Q
Source: 0001734722-25-000030
Chunk: 21

Company: UiPath, Inc.
Filing Date: 2025-06-03
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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The accompanying notes are an integral part of these condensed consolidated financial statements.

4

UiPath, Inc.

Condensed Consolidated Statements of Cash Flows

Amounts in thousands

(unaudited)Three Months Ended April 30,20252024Cash flows from operating activitiesNet loss$(22,555)$(28,736)Adjustments to reconcile net loss to net cash provided by operating activities:Depreciation and amortization3,253 4,902 Amortization of deferred contract acquisition costs21,324 18,467 Net accretion on marketable securities(3,630)(9,268)Stock-based compensation expense76,361 88,727 Charitable donation of Class A common stock4,187 6,564 Non-cash operating lease expense3,377 3,476 Provision for deferred income taxes640 569 Other non-cash charges (credits), net12,704 (966)Changes in operating assets and liabilities:Accounts receivable197,443 162,444 Contract assets(9,460)(7,645)Deferred contract acquisition costs(13,954)(12,437)Prepaid expenses and other assets(13,074)(803)Accounts payable(15,025)3,936 Accrued expenses and other liabilities12,352 (4,195)Accrued compensation and employee benefits(72,534)(96,403)Operating lease liabilities, net(2,146)(3,912)Deferred revenue(60,261)(24,683)Net cash provided by operating activities119,002 100,037 Cash flows from investing activitiesPurchases of marketable securities(153,353)(323,137)Maturities of marketable securities111,083 360,141 Purchases of property and equipment(12,832)(1,238)Payments related to business acquisition, net of cash acquired(24,821)— Net cash (used in) provided by investing activities(79,923)35,766 Cash flows from financing activitiesRepurchases of Class A common stock(227,525)(22,005)Proceeds from exercise of stock options302 312 Payments of tax withholdings on net settlement of equity awards(12,195)(28,959)Proceeds from employee stock purchase plan contributions4,214 4,916 Net cash used in financing activities(235,204)(45,736)Effect of exchange rate changes17,570 (5