Revenue and ARR Growth
UiPath reported first-quarter revenue of $357 million and ended the quarter with ARR of $1.693 billion, marking a 12% increase year over year.
Reduction in GAAP Operating Loss
The GAAP operating loss improved significantly to $16 million from $49 million in the prior year.
Non-GAAP Operating Income and Margin Improvement
Non-GAAP operating income was $70 million, representing a 20% margin, an improvement of 450 basis points year over year.
Successful Product Launches
The launch of the agentic automation platform was highlighted as one of the most successful product introductions in UiPath's history, with strong early demand.
Strategic Partnerships and Expansions
UiPath announced a strategic AI partnership with Google Cloud and expanded its partnership with Deloitte, indicating strong industry collaborations.
Share Repurchase Program
UiPath repurchased 21.9 million shares of its Class A common stock, reflecting a commitment to delivering value to shareholders.