UiPath PATH
NYSE PATH
$14.19 -1.00 (-6.58%)
As of: Sep 8, 2026 · 11:43 AM EDT

UiPath (PATH) Operating Expenses (2020 - 2026)

UiPath's (PATH) quarterly Operating Expenses came in at $313.5 million in Q2 2026, up 1.39% on a YoY basis from $309.2 million in Q2 2025, and down 4.11% quarter-over-quarter from $326.9 million in Q1 2026.

Analysis

UiPath (PATH) Operating Expenses (2020 - 2026) Analysis & Trends

UiPath (PATH) has reported Operating Expenses for 7 consecutive years, with $313.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 1.39% year-over-year to $313.5 million; the trailing twelve-month figure through Apr 2026 stood at $1.3 billion (down 2.88% YoY), and the FY2026 full-year result was $1.3 billion, down 4.64% from the prior year.
  • Operating Expenses slipped to $313.5 million in Q2 2026 per PATH's latest filing, from $326.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $356.3 million in Q3 2024 and bottomed at $287.0 million in Q4 2022.
  • Historically, Operating Expenses has averaged $319.1 million across 5 years, with a median of $317.7 million in 2022.
  • The widest YoY moves for Operating Expenses: up 72.92% in 2022, down 15.33% in 2022.
  • Over 5 years, Operating Expenses stood at $287.0 million in 2022, then increased by 15.63% to $331.8 million in 2023, then gained by 0.73% to $334.3 million in 2024, then slipped by 1.5% to $329.2 million in 2025, then decreased by 4.79% to $313.5 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $313.5 million, $326.9 million, and $329.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 ServiceNow 139.08 Bn 134.41 Bn 2.82 Bn 2.66 Bn
2 Broadridge Financial Solutions 19.52 Bn 19.11 Bn 853.00 Mn 1.67 Bn
3 SS&C Technologies Holdings 19.23 Bn 18.79 Bn 818.30 Mn 401.20 Mn
4 UiPath 7.43 Bn 6.12 Bn 341.45 Mn 313.47 Mn
5 Pegasystems 5.85 Bn 5.85 Bn 312.69 Mn 296.05 Mn
6 Appian 2.58 Bn 2.41 Bn 144.74 Mn 150.18 Mn
7 Materialise 447.14 Mn 447.14 Mn 46.23 Mn -26.21 Mn
8 Jingbo Technology 366.51 Mn 366.12 Mn 89,520.00 687,207.00
9 Gloo Holdings 257.70 Mn 224.45 Mn 13.43 Mn 60.27 Mn
10 Egain 145.47 Mn 62.41 Mn 16.81 Mn 14.76 Mn
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 313.47 Mn
Jan 31, 2026 326.89 Mn
Oct 31, 2025 329.23 Mn
Jul 31, 2025 317.53 Mn
Apr 30, 2025 309.18 Mn
Jan 31, 2025 325.50 Mn
Oct 31, 2024 334.25 Mn
Jul 31, 2024 356.28 Mn
Apr 30, 2024 329.25 Mn
Jan 31, 2024 336.81 Mn
Oct 31, 2023 331.82 Mn
Jul 31, 2023 315.91 Mn
Apr 30, 2023 292.33 Mn
Jan 31, 2023 306.01 Mn
Oct 31, 2022 286.97 Mn
Jul 31, 2022 317.84 Mn
Apr 30, 2022 316.00 Mn
Jan 31, 2022 299.41 Mn
Oct 31, 2021 293.96 Mn
Jul 31, 2021 257.75 Mn