UiPath (PATH) Research & Development (2020 - 2026)

UiPath (PATH) reported Research & Development of $95.2 million for Q1 2026, down 4.53% on a YoY basis from $99.7 million in Q1 2025, and down 1.77% quarter-over-quarter from $96.9 million in Q4 2025.

UiPath (PATH) Research & Development (2020 - 2026) Analysis & Trends

UiPath has reported Research & Development for 7 years, with the latest figure at $95.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 4.53% year-over-year to $95.2 million; the trailing twelve-month figure through Jan 2026 stood at $385.2 million (up 1.19% YoY), and the FY2026 full-year result was $385.2 million, up 1.19% from the prior year.
  • Research & Development for Q1 2026 stood at $95.2 million, down from $96.9 million in the prior quarter.
  • The five-year high for Research & Development was $99.7 million in Q1 2025, with the low at $64.4 million in Q1 2022.
  • Historically, Research & Development has averaged $85.2 million across 5 years, with a median of $85.6 million in 2024.
  • The largest YoY upside for Research & Development was 120.63% in 2022 against a maximum downside of 26.17% in 2022.
  • UiPath's Research & Development stood at $67.3 million in 2022, then climbed by 25.5% to $84.5 million in 2023, then rose by 14.75% to $97.0 million in 2024, then fell by 0.11% to $96.9 million in 2025, then fell by 1.77% to $95.2 million in 2026.
  • The last three Research & Development figures came in at $95.2 million (Q1 2026), $96.9 million (Q4 2025), and $98.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 8.92 Bn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn 2.30 Mn
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 2.61 Bn
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn 160.98 Mn
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn 511.00 Mn
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 356.41 Mn
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 214.00 Mn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 714.99 Mn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 150.97 Mn
10 UiPath 5.67 Bn 4.19 Bn 407.17 Mn 95.16 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 95.16 Mn
Oct 31, 2025 96.87 Mn
Jul 31, 2025 98.34 Mn
Apr 30, 2025 94.84 Mn
Jan 31, 2025 99.67 Mn
Oct 31, 2024 96.98 Mn
Jul 31, 2024 98.43 Mn
Apr 30, 2024 85.60 Mn
Jan 31, 2024 85.64 Mn
Oct 31, 2023 84.51 Mn
Jul 31, 2023 86.61 Mn
Apr 30, 2023 75.34 Mn
Jan 31, 2023 81.87 Mn
Oct 31, 2022 67.34 Mn
Jul 31, 2022 67.85 Mn
Apr 30, 2022 68.69 Mn
Jan 31, 2022 64.41 Mn
Oct 31, 2021 61.56 Mn
Jul 31, 2021 57.65 Mn
Apr 30, 2021 93.04 Mn