UiPath (PATH) Cost of Revenue (2020 - 2026)
UiPath (PATH) posted Cost of Revenue of $73.9 million for Q1 2026, up 7.44% on a QoQ basis from $68.8 million in Q4 2025, and up 14.57% year-over-year from $64.5 million in Q1 2025.
UiPath (PATH) Cost of Revenue (2020 - 2026) Analysis & Trends
UiPath's Cost of Revenue history runs 7 years deep, the most recent figure standing at $73.9 million for Q1 2026.
- Quarterly Cost of Revenue rose 14.57% year-over-year to $73.9 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $271.0 million (up 9.74% YoY) and the FY2026 annual result came in at $271.0 million, up 9.74% from the prior year.
- Cost of Revenue was $73.9 million for Q1 2026 at UiPath, up from $68.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $73.9 million in Q1 2026 and bottomed at $41.2 million in Q1 2022.
- A 5-year average of $55.0 million and a median of $53.4 million in 2024 frame the typical range for Cost of Revenue.
- Peak annual rise in Cost of Revenue reached 104.43% in 2022, while the deepest fall reached 8.15% in 2022.
- UiPath's 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 climbed by 7.44% to $73.9 million in 2026.
- Business Quant data shows PATH's Cost of Revenue at $73.9 million in Q1 2026, $68.8 million in Q4 2025, and $64.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 26.83 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 71.28 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 215.80 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 685.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 311.70 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 364.50 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 184.16 Mn |
| 10 | UiPath | 6.51 Bn | 5.64 Bn | 407.17 Mn | 73.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 73.94 Mn |
| Jan 31, 2026 | 73.94 Mn |
| Oct 31, 2025 | 68.81 Mn |
| Oct 31, 2025 | 68.81 Mn |
| Jul 31, 2025 | 64.38 Mn |
| Jul 31, 2025 | 64.38 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 | 63.32 Mn |
| Jul 31, 2024 | 63.32 Mn |
| Apr 30, 2024 | 55.33 Mn |
| Apr 30, 2024 | 55.33 Mn |
| Jan 31, 2024 | 53.35 Mn |
| Jan 31, 2024 | 53.35 Mn |
| Oct 31, 2023 | 49.92 Mn |
| Oct 31, 2023 | 49.92 Mn |