UiPath (PATH) Operating Margin (2020 - 2026)
UiPath (PATH) posted Operating Margin of 16.69% for Q1 2026, up 424.87% on a QoQ basis from 3.18% in Q4 2025, and up 875.0% year-over-year from 1.71% in Q1 2025.
UiPath (PATH) Operating Margin (2020 - 2026) Analysis & Trends
UiPath's Operating Margin history runs 7 years deep, the most recent figure standing at 16.69% for Q1 2026.
- Quarterly Operating Margin rose 875.0% year-over-year to 16.69% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 3.52% (up 1490.0% YoY) and the FY2026 annual result came in at 3.52%, up 1490.0% from the prior year.
- Operating Margin was 16.69% for Q1 2026 at UiPath, up from 3.18% in the prior quarter.
- Across five years, Operating Margin topped out at 16.69% in Q1 2026 and bottomed at 49.62% in Q3 2022.
- A 5-year average of 14.89% and a median of 14.76% in 2024 frame the typical range for Operating Margin.
- Peak annual rise in Operating Margin reached 7942 bps in 2022, while the deepest fall reached 2458 bps in 2022.
- UiPath's Operating Margin stood at 25.5% in 2022, then surged by 33 bps to 17.13% in 2023, then gained by 29 bps to 12.23% in 2024, then surged by 126 bps to 3.18% in 2025, then surged by 425 bps to 16.69% in 2026.
- Business Quant data shows PATH's Operating Margin at 16.69% in Q1 2026, 3.18% in Q4 2025, and 5.58% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 46.33% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 75.95% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 31.97% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 46.18% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 15.30% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 1.06% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 31.36% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -9.69% |
| 10 | UiPath | 6.51 Bn | 5.64 Bn | 407.17 Mn | 16.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 16.69% |
| Oct 31, 2025 | 3.18% |
| Jul 31, 2025 | -5.58% |
| Apr 30, 2025 | -4.60% |
| Jan 31, 2025 | 7.93% |
| Oct 31, 2024 | -12.23% |
| Jul 31, 2024 | -32.68% |
| Apr 30, 2024 | -14.76% |
| Jan 31, 2024 | 3.72% |
| Oct 31, 2023 | -17.13% |
| Jul 31, 2023 | -27.00% |
| Apr 30, 2023 | -16.03% |
| Jan 31, 2023 | -14.63% |
| Oct 31, 2022 | -25.50% |
| Jul 31, 2022 | -49.62% |
| Apr 30, 2022 | -47.31% |
| Jan 31, 2022 | -17.56% |
| Oct 31, 2021 | -52.64% |
| Jul 31, 2021 | -50.03% |
| Apr 30, 2021 | -126.73% |