Company: PATH
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001734722-25-000050
Chunk: 36

Company: UiPath, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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Continued)(unaudited)

Lease costs are presented below (in thousands):Three Months Ended October 31,Nine Months Ended October 31,2025202420252024Operating lease cost$4,213 $4,200 $12,904 $11,762 Short-term lease cost709 952 2,065 3,099 Variable lease cost999 542 2,648 1,476 Total$5,921 $5,694 $17,617 $16,337 The following table represents the weighted-average remaining lease term and discount rate as of the periods presented:As ofOctober 31,2025January 31,2025Weighted-average remaining lease term (years)9.910.1Weighted-average discount rate7.2 %7.2 %Future undiscounted lease payments for our operating lease liabilities as of October 31, 2025 were as follows (in thousands):AmountRemainder of year ending January 31, 2026$3,339 Year ending January 31,202716,278 202814,687 202910,934 20309,742 Thereafter57,368 Total operating lease payments112,348 Less: imputed interest(30,339)Total operating lease liabilities$82,009 As of October 31, 2025, we had non-cancellable commitments in the amount of $13.0 million related to operating leases of real estate facilities that have not yet commenced.Current operating lease liabilities of $10.0 million and $3.6 million were included in accrued expenses and other current liabilities on our condensed consolidated balance sheets as of October 31, 2025 and January 31, 2025, respectively.Supplemental cash flow information related to leases for the three and nine months ended October 31, 2025 and 2024 was as follows (in thousands):Three Months Ended October 31,Nine Months Ended October 31,2025202420252024Cash paid for amounts included in the measurement of operating lease liabilities$4,728 $1,725 $12,769 $9,043 Operating lease ROU assets obtained in exchange for new operating lease liabilities$2,210 $1,014 $5,204 $20,806 

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Table of ContentsUiPath, Inc.Notes to Condensed Consolidated Financial Statements (Continued)(unaudited