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UiPath PATH Business Segments — Adjusted research and development

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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$5.32B-13.6%

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 path:ResearchAndDevelopmentAdjusted.

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 business segments — adjusted research and development?
UiPath (PATH) reported business segments — adjusted research and development of $67.72M in Q1 2026.
How has UiPath's business segments — adjusted research and development changed year-over-year?
UiPath's business segments — adjusted research and development increased by 12.5% year-over-year, from $60.19M to $67.72M.
What is the long-term trend for UiPath's business segments — adjusted research and development?
Over 3 years (2023 to 2026), UiPath's business segments — adjusted research and development has grown at a 11.4% compound annual growth rate (CAGR), from $181.02M to $250.01M.
What does business segments — adjusted research and development mean?
Captures the adjusted operating costs associated with the design, development, and enhancement of the segment's software platform and automation technologies. This investment is critical for maintaining competitive differentiation and long-term innovation in the AI and automation market.