UiPath Inc. (NYSE:PATH) stock jumped in Wednesday's extended trading after the company released its third quarter earnings report, beating expectations on the top and bottom lines.
Here's a look at the details in the report.
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The Details: UiPath reported quarterly adjusted earnings of 16 cents per share, which beat the Street estimate of 15 cents.
Quarterly revenue clocked in at $411.11 million, which beat the consensus estimate of $392.97 million and was up from revenue of $354.65 million from the same period last year.
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UiPath reported the following third quarter financial highlights:
- ARR of $1.782 billion as of Oct. 31, 2025, increased 11% year-over-year.
- Net new ARR of $59 million.
- Dollar based net retention rate of 107%.
- Non-GAAP gross margin was 85%
- Non-GAAP operating income was $88 million.
- Non-GAAP adjusted free cash flow was $28 million.
“I am pleased with our third quarter results delivering ARR of $1.782 billion, up 11 percent year-over-year, a testament to the team’s focus, consistent execution, and the momentum we’re seeing as customers scale agentic automation across the enterprise,” said Daniel Dines, UiPath CEO.
Outlook: UiPath sees fourth quarter revenue in a range of $462 million to $467 million, versus the $462.91 million analyst estimate.
PATH Stock Price: According to data from Benzinga Pro, UiPath stock jumped 13.80% to $16.91 in Wednesday's extended trading.
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