UiPath (PATH) Cost of Revenue (2020 - 2026)
UiPath's (PATH) quarterly Cost of Revenue came in at $76.9 million in Q2 2026, up 20.47% on a YoY basis from $63.9 million in Q2 2025, and up 4.05% quarter-over-quarter from $73.9 million in Q1 2026.
Analysis
UiPath (PATH) Cost of Revenue (2020 - 2026) Analysis & Trends
UiPath (PATH) has reported Cost of Revenue for 7 consecutive years, with $76.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 20.47% year-over-year to $76.9 million; the trailing twelve-month figure through Apr 2026 stood at $284.1 million (up 11.19% YoY), and the FY2026 full-year result was $271.0 million, up 9.74% from the prior year.
- Cost of Revenue advanced to $76.9 million in Q2 2026 per PATH's latest filing, from $73.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $76.9 million in Q2 2026 and bottomed at $41.2 million in Q1 2022.
- Historically, Cost of Revenue has averaged $56.2 million across 5 years, with a median of $54.3 million in 2024.
- The widest YoY moves for Cost of Revenue: up 104.43% in 2022, down 8.15% in 2022.
- Over 5 years, Cost of Revenue stood at $42.8 million in 2022, then rose by 16.72% to $49.9 million in 2023, then increased by 27.73% to $63.8 million in 2024, then advanced by 7.92% to $68.8 million in 2025, then grew by 11.79% to $76.9 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $76.9 million, $73.9 million, and $68.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | ServiceNow | 139.08 Bn | 134.41 Bn | 2.82 Bn | 1.17 Bn |
| 2 | Broadridge Financial Solutions | 19.52 Bn | 19.11 Bn | 853.00 Mn | 1.37 Bn |
| 3 | SS&C Technologies Holdings | 19.23 Bn | 18.79 Bn | 818.30 Mn | 877.40 Mn |
| 4 | UiPath | 7.43 Bn | 6.12 Bn | 341.45 Mn | 76.93 Mn |
| 5 | Pegasystems | 5.85 Bn | 5.85 Bn | 312.69 Mn | 108.03 Mn |
| 6 | Appian | 2.58 Bn | 2.41 Bn | 144.74 Mn | 58.51 Mn |
| 7 | Materialise | 447.14 Mn | 447.14 Mn | 46.23 Mn | 35.22 Mn |
| 8 | Jingbo Technology | 366.51 Mn | 366.12 Mn | 89,520.00 | 192,442.00 |
| 9 | Gloo Holdings | 257.70 Mn | 224.45 Mn | 13.43 Mn | 28.10 Mn |
| 10 | Egain | 145.47 Mn | 62.41 Mn | 16.81 Mn | 6.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 76.93 Mn |
| Jan 31, 2026 | 73.94 Mn |
| Oct 31, 2025 | 68.81 Mn |
| Jul 31, 2025 | 64.38 Mn |
| Apr 30, 2025 | 63.86 Mn |
| Jan 31, 2025 | 64.53 Mn |
| Oct 31, 2024 | 63.76 Mn |
| Jul 31, 2024 | 63.32 Mn |
| Apr 30, 2024 | 55.33 Mn |
| Jan 31, 2024 | 53.35 Mn |
| Oct 31, 2023 | 49.92 Mn |
| Jul 31, 2023 | 48.99 Mn |
| Apr 30, 2023 | 43.67 Mn |
| Jan 31, 2023 | 47.69 Mn |
| Oct 31, 2022 | 42.77 Mn |
| Jul 31, 2022 | 44.58 Mn |
| Apr 30, 2022 | 45.02 Mn |
| Jan 31, 2022 | 41.16 Mn |
| Oct 31, 2021 | 43.10 Mn |
| Jul 31, 2021 | 35.59 Mn |