UiPath (PATH) Gross Margin (2020 - 2026)
UiPath (PATH) posted Gross Margin of 84.63% for Q1 2026, up 1.65% on a QoQ basis from 83.26% in Q4 2025, and down 13.0% year-over-year from 97.28% in Q1 2025.
UiPath (PATH) Gross Margin (2020 - 2026) Analysis & Trends
UiPath's Gross Margin history runs 7 years deep, the most recent figure standing at 84.63% for Q1 2026.
- Quarterly Gross Margin fell 13.0% year-over-year to 84.63% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 83.17% (up 45.0% YoY) and the FY2026 annual result came in at 83.17%, up 45.0% from the prior year.
- Gross Margin was 84.63% for Q1 2026 at UiPath, up from 83.26% in the prior quarter.
- Across five years, Gross Margin topped out at 86.84% in Q1 2024 and bottomed at 79.98% in Q3 2024.
- A 5-year average of 83.48% and a median of 83.49% in 2024 frame the typical range for Gross Margin.
- Peak annual rise in Gross Margin reached 795 bps in 2022, while the deepest fall reached 452 bps in 2022.
- UiPath's Gross Margin stood at 83.72% in 2022, then advanced by 1 bps to 84.68% in 2023, then decreased by 3 bps to 82.02% in 2024, then gained by 2 bps to 83.26% in 2025, then increased by 2 bps to 84.63% in 2026.
- Business Quant data shows PATH's Gross Margin at 84.63% in Q1 2026, 83.26% in Q4 2025, and 82.2% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,332.50 Bn | 3,199.75 Bn | 60.48 Bn | 67.20% |
| 2 | PagSeguro Digital | 2,679.72 Bn | 2,679.72 Bn | 358.92 Mn | 37.74% |
| 3 | Oracle | 359.10 Bn | 327.21 Bn | - | - |
| 4 | Repay Holdings | 323.71 Bn | 323.57 Bn | - | - |
| 5 | Palantir Technologies | 292.84 Bn | 284.82 Bn | 1.42 Bn | 86.78% |
| 6 | Palo Alto Networks | 221.98 Bn | 217.45 Bn | 1.91 Bn | 73.59% |
| 7 | CrowdStrike Holdings | 180.73 Bn | 177.63 Bn | 993.68 Mn | 76.12% |
| 8 | Fortinet | 117.75 Bn | 114.46 Bn | 1.49 Bn | 80.29% |
| 9 | Cloudflare | 97.94 Bn | 96.99 Bn | 455.60 Mn | 71.21% |
| 10 | UiPath | 6.41 Bn | 5.54 Bn | 407.17 Mn | 84.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 84.63% |
| Oct 31, 2025 | 83.26% |
| Jul 31, 2025 | 82.20% |
| Apr 30, 2025 | 82.09% |
| Jan 31, 2025 | 84.77% |
| Oct 31, 2024 | 82.02% |
| Jul 31, 2024 | 79.98% |
| Apr 30, 2024 | 83.49% |
| Jan 31, 2024 | 86.84% |
| Oct 31, 2023 | 84.68% |
| Jul 31, 2023 | 82.95% |
| Apr 30, 2023 | 84.92% |
| Jan 31, 2023 | 84.54% |
| Oct 31, 2022 | 83.72% |
| Jul 31, 2022 | 81.60% |
| Apr 30, 2022 | 81.63% |
| Jan 31, 2022 | 85.79% |
| Oct 31, 2021 | 80.48% |
| Jul 31, 2021 | 81.80% |
| Apr 30, 2021 | 73.68% |