UiPath (PATH) Cost of Revenue (2020 - 2026)
UiPath (PATH) reported Cost of Revenue of $178.2 million for Q1 2026, up 176.1% on a YoY basis from $64.5 million in Q1 2025, and up 158.94% quarter-over-quarter from $68.8 million in Q4 2025.
UiPath (PATH) Cost of Revenue (2020 - 2026) Analysis & Trends
UiPath has reported Cost of Revenue for 7 years, with the latest figure at $178.2 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 176.1% year-over-year to $178.2 million; the trailing twelve-month figure through Jan 2026 stood at $477.2 million (down 5.09% YoY), and the FY2026 full-year result was $683.3 million, up 176.72% from the prior year.
- Cost of Revenue for Q1 2026 stood at $178.2 million, up from $68.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $569.2 million in Q1 2023, with the low at $41.2 million in Q1 2022.
- Historically, Cost of Revenue has averaged $151.2 million across 5 years, with a median of $166.3 million in 2025.
- Annual changes were most pronounced in 2022 — Cost of Revenue sank 78.12% — and 2023, when it surged 1282.76%.
- UiPath's Cost of Revenue stood at $156.5 million in 2022, then advanced by 22.25% to $191.3 million in 2023, then slumped by 66.67% to $63.8 million in 2024, then rose by 7.92% to $68.8 million in 2025, then surged by 158.94% to $178.2 million in 2026.
- The last three Cost of Revenue figures came in at $178.2 million (Q1 2026), $68.8 million (Q4 2025), and $166.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 4.48 Mn |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 2.05 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 215.80 Mn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 823.00 Mn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 463.58 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 636.30 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 184.16 Mn |
| 10 | UiPath | 5.67 Bn | 4.19 Bn | 407.17 Mn | 178.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 178.18 Mn |
| Jan 31, 2026 | 178.18 Mn |
| Oct 31, 2025 | 68.81 Mn |
| Oct 31, 2025 | 68.81 Mn |
| Jul 31, 2025 | 166.30 Mn |
| Jul 31, 2025 | 166.30 Mn |
| Apr 30, 2025 | 63.86 Mn |
| Apr 30, 2025 | 63.86 Mn |
| Jan 31, 2025 | 64.53 Mn |
| Jan 31, 2025 | 64.53 Mn |
| Oct 31, 2024 | 63.76 Mn |
| Oct 31, 2024 | 63.76 Mn |
| Jul 31, 2024 | 194.33 Mn |
| Jul 31, 2024 | 194.33 Mn |
| Apr 30, 2024 | 180.14 Mn |
| Apr 30, 2024 | 180.14 Mn |
| Jan 31, 2024 | 191.72 Mn |
| Jan 31, 2024 | 191.72 Mn |
| Oct 31, 2023 | 191.28 Mn |
| Oct 31, 2023 | 191.28 Mn |