UiPath (PATH) Gross Margin (2020 - 2026)
UiPath's (PATH) quarterly Gross Margin came in at 81.61% in Q2 2026, down 48.0% on a YoY basis from 156.95% in Q2 2025, and down 3.57% quarter-over-quarter from 84.63% in Q1 2026.
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UiPath (PATH) Gross Margin (2020 - 2026) Analysis & Trends
UiPath (PATH) has reported Gross Margin for 7 consecutive years, with 81.61% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 48.0% year-over-year to 81.61%; the trailing twelve-month figure through Apr 2026 stood at 83.01% (up 62.0% YoY), and the FY2026 full-year result was 83.17%, up 45.0% from the prior year.
- Gross Margin eased to 81.61% in Q2 2026 per PATH's latest filing, from 84.63% 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.
- Historically, Gross Margin has averaged 83.37% across 5 years, with a median of 83.38% in 2024.
- The widest YoY moves for Gross Margin: up 795 bps in 2022, down 452 bps in 2022.
- Over 5 years, 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 fell by 2 bps to 81.61% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 81.61%, 84.63%, and 83.26% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ServiceNow | 146.07 Bn | 141.41 Bn | 2.82 Bn | 70.68% |
| 2 | Broadridge Financial Solutions | 19.72 Bn | 19.32 Bn | 853.00 Mn | 38.43% |
| 3 | SS&C Technologies Holdings | 19.62 Bn | 19.26 Bn | 818.30 Mn | 48.26% |
| 4 | UiPath | 6.93 Bn | 5.62 Bn | 341.45 Mn | 81.61% |
| 5 | Pegasystems | 6.14 Bn | 6.14 Bn | 312.69 Mn | 74.32% |
| 6 | Appian | 2.75 Bn | 2.59 Bn | 144.74 Mn | 71.21% |
| 7 | Materialise | 440.64 Mn | 440.54 Mn | 46.23 Mn | 56.76% |
| 8 | Jingbo Technology | 366.51 Mn | 366.12 Mn | 89,520.00 | 31.75% |
| 9 | Gloo Holdings | 215.34 Mn | 200.70 Mn | 13.43 Mn | 32.34% |
| 10 | Egain | 159.91 Mn | 76.85 Mn | 16.81 Mn | 73.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 81.61% |
| 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% |