UiPath (PATH) Cost of Revenue (2020 - 2026)
UiPath (PATH) posted Cost of Revenue of $178.2 million for Q1 2026, up 158.94% quarter-over-quarter from $68.8 million in Q4 2025, and up 176.1% year-on-year from $64.5 million in Q1 2025.
UiPath (PATH) Cost of Revenue (2020 - 2026) Analysis & Trends
UiPath (PATH) has reported Cost of Revenue for 7 consecutive years, with $178.2 million the latest figure, recorded in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $178.2 million, up 176.1% year-over-year; the trailing twelve-month figure through Jan 2026 was $477.2 million (down 5.09% YoY), and the FY2026 annual result was $683.3 million, up 176.72% from the prior year.
- Cost of Revenue was $178.2 million for Q1 2026 at UiPath, up from $68.8 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $569.2 million in Q1 2023 and troughed at $41.2 million in Q1 2022.
- Average Cost of Revenue over 5 years is $151.2 million, with a median of $166.3 million recorded in 2025.
- Year-over-year, Cost of Revenue tumbled 78.12% in 2022 and jumped 1282.76% in 2023.
- Over 5 years, Cost of Revenue stood at $156.5 million in 2022, then increased by 22.25% to $191.3 million in 2023, then sank by 66.67% to $63.8 million in 2024, then climbed by 7.92% to $68.8 million in 2025, then surged by 158.94% to $178.2 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $178.2 million in Q1 2026, $68.8 million in Q4 2025, and $166.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 215.80 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 823.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 463.58 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 636.30 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 184.16 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.15 Bn |
| 10 | UiPath | 6.20 Bn | 4.73 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 |