UiPath PATH
NYSE PATH
$15.60 -0.39 (-2.47%)
At close: Aug 18, 2026 · 3:59 PM UTC

UiPath (PATH) Operating Expenses (2020 - 2026)

UiPath's (PATH) quarterly Operating Expenses came in at $326.9 million in Q1 2026, little changed YoY from $325.5 million in Q1 2025, and down 0.71% on a QoQ basis from $329.2 million in Q4 2025.

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

UiPath (PATH) has 7 years of Operating Expenses data on file, last reported at $326.9 million in Q1 2026.

  • Quarterly Operating Expenses changed 0.42% year-over-year to $326.9 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $1.3 billion (down 4.64% YoY) and the FY2026 annual result came in at $1.3 billion, down 4.64% from the prior year.
  • Operating Expenses retreated to $326.9 million in Q1 2026, from $329.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $356.3 million in Q3 2024 to a low of $287.0 million in Q4 2022.
  • A 5-year average of $319.5 million and a median of $317.8 million in 2022 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 72.92% in 2022, down 15.33% in 2022.
  • Tracing PATH's Operating Expenses over 5 years: stood at $287.0 million in 2022, then climbed by 15.63% to $331.8 million in 2023, then increased by 0.73% to $334.3 million in 2024, then retreated by 1.5% to $329.2 million in 2025, then dropped by 0.71% to $326.9 million in 2026.
  • The last three Operating Expenses figures came in at $326.9 million (Q1 2026), $329.2 million (Q4 2025), and $317.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 3,576.39 Bn 3,443.64 Bn 60.48 Bn 12.28 Bn
2 Palantir Technologies 412.58 Bn 403.17 Bn 1.64 Bn 726.59 Mn
3 Oracle 407.66 Bn 375.77 Bn - 13.05 Bn
4 Palo Alto Networks 299.27 Bn 296.16 Bn 2.03 Bn 2.21 Bn
5 Fortinet 115.83 Bn 111.76 Bn 1.64 Bn 953.90 Mn
6 Cloudflare 106.65 Bn 102.48 Bn 499.52 Mn 705.21 Mn
7 Synopsys 76.61 Bn 74.41 Bn 1.77 Bn 1.57 Bn
8 CoreWeave 51.53 Bn 45.99 Bn 1.70 Bn 2.62 Bn
9 Block 47.55 Bn 41.12 Bn 3.17 Bn 2.72 Bn
10 UiPath 8.19 Bn 6.88 Bn 341.45 Mn 313.47 Mn

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