Filing Flows › UiPath (PATH) › Q4 FY26
UiPath (PATH) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 25, 2026
UiPath (PATH) reported revenue of $481M for the fourth quarter fiscal 2026 (Q4 FY26), +14% from a year earlier and +17% from the quarter before. Operating margin was 16.7%, net earnings $104M (21.7% of revenue).
UiPath, Q4 FY26: revenue $481M (+14% year over year), operating margin 16.7%, net earnings $104M, operating cash flow $182M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $481M | +17% | +14% |
| Gross profit | $407M | +19% | +13% |
| Operating profit | $80.3M | +514% | +139% |
| Net earnings | $104M | -47% | +102% |
| Operating cash flow | $182M | +545% | +25% |
| Free cash flow | $179M | +614% | +29% |
What changed
Revenue was $481.1M in Q4 FY26, up 14% year over year and up 17% from the previous quarter. Subscription services was the largest line at 52% of revenue.
Gross margin was 84.6%, down 0.1 points from Q4 FY25. Operating profit was $80.3M, a 16.7% margin (up 8.8 points year over year). Of the extra revenue versus Q4 FY25, 81% reached operating profit, above the 8% margin then. Operating expenses grew 0% against revenue growth of 14%. Net earnings were $104.5M, up 102% year over year. The effective tax rate was -13.0%.
Operating cash flow was $182.3M (up 25% year over year), 175% of net earnings. Non-cash charges added back $5.0M of depreciation and amortization and $64.8M of share-based compensation. Capital expenditures of $3.1M left free cash flow of $179.3M.
Questions
What was UiPath's revenue in the fourth quarter fiscal 2026?
UiPath (PATH) reported revenue of $481M for the fourth quarter fiscal 2026 (Q4 FY26), +14% from a year earlier and +17% from the quarter before.
Was UiPath profitable in the fourth quarter fiscal 2026?
Operating profit was $80.3M (16.7% of revenue) and net earnings $104M.
Source: UiPath 10-K on SEC EDGAR.