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
DateValue
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