What is UiPath's noncash lease expense?

UiPath (PATH) reported noncash lease expense of $3.02M in Q1 2026.

How has UiPath's noncash lease expense changed year-over-year?

UiPath's noncash lease expense decreased by 28.0% year-over-year, from $4.19M to $3.02M.

What does noncash lease expense mean?

This represents the non-cash portion of lease expenses, specifically the periodic reduction of the right-of-use asset recognized under accounting standards for operating leases. It allows investors to distinguish between cash lease payments and the accounting-driven depreciation of lease assets.

UiPath PATH Noncash lease expense

Noncash lease expense at other companies

UiPathPATH

$3.02M-28.0%

Remitly Global, Inc.RELY

$765K-20.2%

JAN

Janus Living JAN

$47K—

Apogee Therapeutics, Inc.APGE

$980K+14.4%

DT MidstreamDTM

$4M0.0%

RepligenRGEN

$4.78M+6.5%

Other financials

Income statement

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Revenue$418.4M+17.3%

Gross profit$341.5M+16.6%

Operating income$28.0M+271%

Net income$22.5M+200%

EPS (diluted)$0.04+200%

Balance sheet

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Cash & equivalents$633.7M-9.6%

Total debt$83.0M+5.1%

Total equity$1.9B+12.0%

Total assets$2.9B+9.8%

Cash flow

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Operating cash flow$131.9M+10.9%

CapEx$2.7M-79.1%

Free cash flow$129.2M+21.7%

Valuation

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Market cap$5.32B-13.6%

Enterprise value$4.77B-13.8%

P/E16.3×—

P/S3.2×-1.1×

Profitability

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Gross margin83%+0.6pp

Operating margin6%—

Net margin19.6%—

FCF margin22.4%+0.9pp

Returns & leverage

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Return on equity18.2%—

Debt / equity0×0.0×

Current ratio2.3×-0.6×

Where this comes from

Reported directly by UiPath in its filing.

Tagged under the XBRL concept us-gaap:NoncashContributionExpense.

The official record: UiPath’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is UiPath's noncash lease expense?: UiPath (PATH) reported noncash lease expense of $3.02M in Q1 2026.
How has UiPath's noncash lease expense changed year-over-year?: UiPath's noncash lease expense decreased by 28.0% year-over-year, from $4.19M to $3.02M.
What does noncash lease expense mean?: This represents the non-cash portion of lease expenses, specifically the periodic reduction of the right-of-use asset recognized under accounting standards for operating leases. It allows investors to distinguish between cash lease payments and the accounting-driven depreciation of lease assets.