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UiPath PATH Licenses — Total Cost of Revenue

Other product segments

Subscription services
$43.99M+14.3%
Professional services and other
$31.28M+29.7%

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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$7.25B+20.8%
Enterprise value$6.7B+22.9%
P/E22.2×
P/S4.3×+0.3×

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×
Current ratio2.3×-0.6×

Where this comes from

Reported directly by UiPath in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: UiPath’s 10-Q, filed June 4, 2026.

Filed
Jun 4, 2026, 4:36 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001734722-26-000041
Line itemThree Months Ended April 30, 20262025
Professional services and other16,17011,035
Total revenue418,382356,624
Cost of revenue:
Licenses1,6641,268
Subscription services43,98838,468
Professional services and other31,27624,121
Total cost of revenue76,92863,857
Gross profit341,454292,767

Item 1. Financial Statements (Unaudited).

FAQ

What is UiPath's licenses — total cost of revenue?
UiPath (PATH) reported licenses — total cost of revenue of $1.66M in Q1 2026.
How has UiPath's licenses — total cost of revenue changed year-over-year?
UiPath's licenses — total cost of revenue increased by 31.2% year-over-year, from $1.27M to $1.66M.
What is the long-term trend for UiPath's licenses — total cost of revenue?
Over 4 years (2022 to 2026), UiPath's licenses — total cost of revenue has grown at a -18.2% compound annual growth rate (CAGR), from $11.89M to $5.33M.
What does licenses — total cost of revenue mean?
This metric captures the direct costs associated with delivering and supporting the software licenses segment, including third-party royalties and infrastructure costs. It serves as a measure of the direct expenses required to fulfill license agreements. Analyzing this cost helps evaluate the gross margin efficiency of the software licensing business model.

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