UiPath Inc. (PATH) surged 10.03% in after-hours trading following the release of its third-quarter fiscal 2026 earnings report, which exceeded analyst expectations on both revenue and earnings. The automation software maker reported revenue of $411.11 million, beating the consensus estimate of $392.97 million, while adjusted EPS of $0.16 topped the $0.15 forecast.
The company also provided strong guidance for the fourth quarter, projecting revenue between $462 million and $467 million, in line with or slightly above analyst expectations. UiPath's CEO, Daniel Dines, highlighted the company's momentum in agentic automation and strategic collaborations with Microsoft, OpenAI, and NVIDIA as key growth drivers.
Investors reacted positively to the results, with the stock climbing sharply in extended trading. The earnings beat and optimistic outlook underscore UiPath's position as a leader in the rapidly expanding AI and automation software market.