UiPath (PATH) Gross Margin (2020 - 2026)
UiPath (PATH) reported Gross Margin of 84.63% for Q1 2026, down 13.0% on a YoY basis from 97.28% in Q1 2025, and up 1.65% quarter-over-quarter from 83.26% in Q4 2025.
UiPath (PATH) Gross Margin (2020 - 2026) Analysis & Trends
UiPath has reported Gross Margin for 7 years, with the latest figure at 84.63% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 13.0% year-over-year to 84.63%; the trailing twelve-month figure through Jan 2026 stood at 83.17% (up 45.0% YoY), and the FY2026 full-year result was 83.17%, up 45.0% from the prior year.
- Gross Margin for Q1 2026 stood at 84.63%, up from 83.26% in the prior quarter.
- The five-year high for Gross Margin was 86.84% in Q1 2024, with the low at 79.98% in Q3 2024.
- Historically, Gross Margin has averaged 83.48% across 5 years, with a median of 83.49% in 2024.
- The largest YoY upside for Gross Margin was 795 bps in 2022 against a maximum downside of 452 bps in 2022.
- UiPath's Gross Margin stood at 83.72% in 2022, then rose by 1 bps to 84.68% in 2023, then fell by 3 bps to 82.02% in 2024, then increased by 2 bps to 83.26% in 2025, then climbed by 2 bps to 84.63% in 2026.
- The last three Gross Margin figures came in at 84.63% (Q1 2026), 83.26% (Q4 2025), and 82.2% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 71.21% |
| 10 | UiPath | 5.67 Bn | 4.19 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% |