Company: PATH
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001734722-25-000050
Chunk: 100

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 8
Chunk 100
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 rate in the current year.On July 4, 2025, the One Big Beautiful Bill Act ("OBBBA") was signed into law, resulting in significant changes to the U.S. federal income tax code, including restoring the 100% bonus depreciation deduction for qualified property, allowing the immediate expensing of domestic research and experimental expenditures, and causing various changes to other domestic and international tax provisions. ASC 740, Income Taxes, requires that the effects of changes in tax rates and laws to be recognized in the period in which the legislation is enacted. We have included the impact of OBBBA when calculating the estimated annual effective tax rate for the current year, and the legislation does not have a significant impact on our consolidated tax position.

14. Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share for the periods presented (in thousands except per share amounts):Three Months Ended October 31,20252024Class AClass BClass AClass BNumerator:Net income (loss)$170,633 $28,206 $(9,061)$(1,594)Denominator:Weighted-average shares used in computing net income (loss) per share, basic456,752 75,503 468,583 82,453 Dilutive potential common shares from outstanding equity awards6,763 — — — Weighted-average shares used in computing net income (loss) per share, diluted463,515 75,503 468,583 82,453 Net income (loss) per share, basic$0.37 $0.37 $(0.02)$(0.02)Net income (loss) per share, diluted$0.37 $0.37 $(0.02)$(0.02)Nine Months Ended October 31,20252024Class AClass BClass AClass BNumerator:Net income (loss)$152,277 $25,591 $(107,108)$(18,380)Denominator:Weighted-average shares used in computing net income (loss) per share, basic461,326 77,528 480,497 82,453 Dilutive potential common shares from outstanding equity awards5,864 — — — Weighted-average shares used in computing net income (loss) per share, diluted467,190 77,528 480,497 82,453 Net income (