Overview

* UiPath fiscal Q2 2026 revenue rises 14% yr/yr, beating analysts' expectations

* Adjusted operating income for fiscal Q2 beats estimates, reaching $62 mln

* Company's ARR grows 11% yr/yr to $1.723 bln

Outlook

* UiPath ( PATH ) expects Q3 fiscal 2026 revenue of $390 mln to $395 mln

* Company forecasts Q3 fiscal 2026 ARR of $1.771 bln to $1.776 bln

* UiPath ( PATH ) anticipates Q3 fiscal 2026 non-GAAP operating income of $70 mln

* Company projects full-year fiscal 2026 revenue of $1.571 bln to $1.576 bln

* UiPath ( PATH ) expects full-year fiscal 2026 ARR of $1.834 bln to $1.839 bln

* Company forecasts full-year fiscal 2026 non-GAAP operating income of $340 mln

Result Drivers

* AGENTIC AUTOMATION - CEO attributes 11% ARR growth to improved execution and momentum in agentic automation capabilities

* CUSTOMER DEPLOYMENTS - Innovation and product quality enable transition from pilot projects to full production, driving revenue

* OPERATIONAL EFFICIENCY - COO cites strong execution and focus on efficiency as reasons for exceeding financial guidance

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $362 mln $347.30

Revenue mln (15

Analysts

)

Q2 Gross 82.0%

Margin

Q2 Beat $62 mln $40.10

Adjusted mln (15

Operatin Analysts

g Income )

Q2 84.0%

Adjusted

Gross

Margin

Q2 ARR $1.72

bln

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 18 "hold" and 2 "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy."

* Wall Street's median 12-month price target for UiPath Inc ( PATH ) is $14.00, about 22.3% above its September 3 closing price of $10.88

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)