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

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

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

UiPath (PATH) has reported Research & Development for 7 consecutive years, with $95.2 million the latest figure, recorded in Q1 2026.

  • Research & Development for Q1 2026 came in at $95.2 million, down 4.53% year-over-year; the trailing twelve-month figure through Jan 2026 was $385.2 million (up 1.19% YoY), and the FY2026 annual result was $385.2 million, up 1.19% from the prior year.
  • Research & Development was $95.2 million for Q1 2026 at UiPath, down from $96.9 million in the prior quarter.
  • Over five years, Research & Development peaked at $99.7 million in Q1 2025 and troughed at $64.4 million in Q1 2022.
  • Average Research & Development over 5 years is $85.2 million, with a median of $85.6 million recorded in 2024.
  • The widest YoY moves for Research & Development: up 120.63% in 2022, down 26.17% in 2022.
  • Over 5 years, Research & Development stood at $67.3 million in 2022, then rose by 25.5% to $84.5 million in 2023, then climbed by 14.75% to $97.0 million in 2024, then slipped by 0.11% to $96.9 million in 2025, then slipped by 1.77% to $95.2 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $95.2 million in Q1 2026, $96.9 million in Q4 2025, and $98.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 8.92 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.61 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 160.98 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 511.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 356.41 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 214.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 150.97 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 714.99 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 1.04 Bn
10 UiPath 6.20 Bn 4.73 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