UiPath Reports First Quarter Fiscal 2022 Financial Results

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Go back to UiPath Reports First Quarter Fiscal 2022 Financial Results

UiPath Inc. (PATH) Reports Q1 EPS of $0.02 on Revenues of $186.2M; Offers 2Q Revenues Outlook

June 8, 2021 4:12 PM EDT

UiPath Inc. (NYSE: PATH) reported Q1 EPS of $0.02, versus ($0.09) reported last year. Revenue for the quarter came in at $186.2 million, versus $113.1 million reported last year.

Fiscal First Quarter 2022 Financial Highlights

ARR of $652.6 million increased 64 percent year-over-year.Revenue of $186.2 million increased 65 percent year-over-year.GAAP gross margin was 74 percent.Non-GAAP gross margin was 88 percent.Cash flow used in operations was $(17.5) million.Non-GAAP free cash flow was $(20.1) million.Balance sheet: Cash, cash... More