UiPath (PATH) Fiscal Q2 2027 Earnings Call: ARR Growth, AI Adoption and Guidance
Source Tradingkey
Key Takeaways
- UiPath reported fiscal Q2 2027 revenue of $410 million, up 13% year over year. Excluding an approximately $8 million foreign-exchange headwind, growth was 16%.
- Annualized renewal run-rate, or ARR, reached $1.938 billion, up 12%. Net new ARR increased to $37 million from $31 million a year earlier.
- Non-GAAP operating income rose to $89 million, representing a 22% margin and more than 400 basis points of year-over-year expansion. GAAP operating income was $32 million, marking a fourth consecutive profitable quarter.
- AI featured in 18 of UiPath’s top 20 deals. Management said deals that include AI and the broader platform tend to be larger and support expansion into more complex processes.
- Dollar-based net retention improved to 109%, or 108% adjusted for FX. Customers generating at least $1 million in ARR increased 21% to 387.
- Management expects fiscal 2027 revenue of $1.789 billion to $1.794 billion, ARR of $2.065 billion to $2.070 billion, and non-GAAP operating income of approximately $445 million.
Core Financial Results
| Metric | Fiscal Q2 2027 result | Year-over-year change or context |
|---|---|---|
| Revenue | $410 million | Up 13%; up 16% after normalizing for an approximately $8 million FX headwind |
| ARR | $1.938 billion | Up 12% |
| Net new ARR | $37 million | Up from $31 million |
| Cloud ARR | Approximately $1.3 billion | Up more than 19%; includes hybrid and SaaS |
| Remaining performance obligations | $1.378 billion | Up 14%; up 16% normalized for FX |
| Current RPO | $901 million | Up 14% |
| Overall gross margin | 82% | Non-GAAP |
| Software gross margin | 90% | Non-GAAP |
| Non-GAAP operating income | $89 million | 22% margin, up more than 400 basis points |
| GAAP operating income | $32 million | Compared with a $20 million loss a year earlier |
| Adjusted free cash flow | $31 million | Down from $45 million, mainly due to the timing of tax payments |
| Cash, cash equivalents and marketable securities | $1.4 billion | No debt |
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Gold price (XAU/USD) is down 0.8% to near $4,140 during the European trading session on Monday. The precious metal faces selling pressure as the three-day rally hits a pause after failing to extend above $4,202.
Gold price (XAU/USD) rebounds from a nearly one-month low to around $4,385 during the early Asian session on Thursday. The precious metal edges higher as the US Dollar (USD) and Treasury yields retreat from recent highs.
Gold is back above $4,400 after weak ADP data cut September rate-hike odds to ~58%. XAU/USD rebounded from Wednesday's $4,282 low; Friday's NFP is the next catalyst.
Gold rebounds above $4,450 as Waller tempers Fed rate hike bets ahead US jobs dataGold price (XAU/USD) gains momentum to around $4,470 during the early Asian session on Friday. The precious metal extended its recovery as Federal Reserve (Fed) rate hike bets ease. All eyes will be on the US August Nonfarm Payrolls (NFP) report, which is due later on Friday.
Gold price (XAU/USD) gains momentum to around $4,470 during the early Asian session on Friday. The precious metal extended its recovery as Federal Reserve (Fed) rate hike bets ease. All eyes will be on the US August Nonfarm Payrolls (NFP) report, which is due later on Friday.
