UiPath Inc reported financial results for the fourth quarter of fiscal 2026 after the market close on Wednesday. Here’s a look at the key details from the report.

UiPath ( PATH ) shares are advancing steadily. Why is PATH stock trading higher?

UiPath Exceeds Estimates In Q4

UiPath ( PATH ) beat estimates on the top and bottom lines in the fourth quarter, reporting revenue of $481.11 million versus estimates of $464.49 million and adjusted earnings per share of 30 cents versus estimates of 26 cents, per Benzinga Pro.

The agentic automation company said total revenue increased 14% on a year-over-year basis. Annual recurring revenue totaled $1.85 billion as of Jan. 31, up 11% year-over-year. The company also generated adjusted free cash flow of $182 million in the quarter.

UiPath ( PATH ) ended the period with $1.69 billion in cash, cash equivalents and marketable securities.

“As enterprise AI adoption moves from experimentation to scaled deployment, customers increasingly need a platform that can execute complex processes with reliability, governance, and scale,” said Daniel Dines, founder and CEO of UiPath ( PATH ).

“By bringing deterministic automation, agentic AI, and enterprise-grade orchestration together on a single platform, UiPath ( PATH ) provides the execution layer enterprises trust to run mission-critical processes in the agentic era.”

UiPath ( PATH ) said it completed its previously authorized buyback program. The company’s board authorized a new share repurchase program of up to $500 million.

UiPath Sees Strong Start To Fiscal 2027

UiPath ( PATH ) expects first-quarter revenue to be between $395 million and $400 million versus estimates of $394.03 million. The company expects fiscal 2027 revenue to be in the range of $1.754 billion to $1.759 billion versus estimates of $1.744 billion.

UiPath ( PATH ) executives will provide more details on the quarter on an earnings call scheduled for 5 p.m. ET.

PATH Shares Rise After The Bell

PATH Price Action: UiPath ( PATH ) shares were up 3.52% in after-hours Wednesday, trading at $12.80 at the time of publication, according to Benzinga Pro. The stock also surged more than 6% before the close.

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