Below are the financial statements of UiPath, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | — | — | — |
| Licenses | 621.39a | 497.84a | 481.43a |
| Subscription services | 649.92a | 508.82a | 369.87a |
| Professional services and other | 36.76a | 51.92a | 40.96a |
| Total revenue | 1,308.07a | 1,058.58a | 892.25a |
| Cost of revenue | — | — | — |
| Licenses | -10.47a | -10.42a | -11.89a |
| Subscription services | -111.92a | -87.37a | -60.57a |
| Professional services and other | -73.53a | -82.26a | -96.42a |
| Total cost of revenue | -195.92a | -180.05a | -168.87a |
| Gross profit | 1,112.15a | 878.53a | 723.38a |
| Operating expenses | — | — | — |
| Sales and marketing | -713.13a | -701.56a | -697.68a |
| Research and development | -332.1a | -285.75a | -276.66a |
| General and administrative | -231.64a | -239.51a | -249.99a |
| Total operating expenses | -1,276.87a | -1,226.81a | -1,224.33a |
| Operating loss | -164.72a | -348.28a | -500.95a |
| Interest income | 57.13a | 27.96a | 3.55a |
| Other income (expense), net | 31.78a | 2.77a | -13.49a |
| Loss before income taxes | -75.82a | -317.56a | -510.88a |
| Provision for income taxes | -14.07a | -10.79a | -14.7a |
| Net loss | -89.88a | -328.35a | -525.59a |
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