Company: PATH
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001734722-25-000050
Chunk: 64

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 1
Chunk 64
---
 headcount and merit increases partially offset by a $2.0 million decrease in stock-based compensation expense.

General and Administrative

 Three Months Ended October 31,   20252024ChangeChange % (dollars in thousands)General and administrative$53,175 $50,090 $3,085 6 %Percentage of revenue13 %14 %  

General and administrative expense increased by $3.1 million, or 6%, for the three months ended October 31, 2025 compared to the three months ended October 31, 2024. The increase was primarily attributable to a $2.4 million increase in credit loss expense, a $1.8 million increase in third-party advisory fees, and a $0.6 million increase in travel-related expenses, partially offset by a $1.8 million decrease in software service and implementation costs.

Interest Income

 Three Months Ended October 31,   20252024ChangeChange % (dollars in thousands)Interest income$11,701 $10,055 $1,646 16 %Percentage of revenue3 %3 %  

Interest income increased marginally for the three months ended October 31, 2025 compared to the three months ended October 31, 2024.

Other (Expense) Income, Net

 Three Months Ended October 31,   20252024ChangeChange % (dollars in thousands)Other (expense) income, net$(180)$7,810 $(7,990)(102)%Percentage of revenue— %2 %  

Other expense, net increased by $8.0 million, or 102%, for the three months ended October 31, 2025 compared to the three months ended October 31, 2024, primarily due to a $2.0 million increase in losses from foreign currency transactions and a $5.9 million decrease in accretion of net discounts on marketable securities.

35

Benefit From Income Taxes

 Three Months Ended October 31,   20252024ChangeChange % (dollars in thousands)Benefit from income taxes$(174,247)$(14,844)$(159,403)NM(1)Percentage of revenue(42)%(4)%  (1) Not meaningful

Benefit from income taxes increased by $159.4 million for the three months ended October 31, 2025 compared to the three