Uipath Stock Earnings Reports

UiPath reported a stronger-than-expected Q2 FY2026 with ARR of $1.723 billion (up 11% YoY) and revenue of $362 million (up 14% YoY; ~12% ex-FX). Net new ARR was $31 million. Cloud ARR exceeded $1.080 billion (up >25%). Non-GAAP operating income was $62 million (17% margin), non-GAAP adjusted free cash flow was $45 million, and the company finished the quarter with $1.5 billion in cash and no debt; management repurchased 8.3 million shares. Customer metrics remained healthy: ~10,820 customers, dollar-based gross retention ~98% and net retention ~108%. Productly, UiPath emphasized momentum in its new “AgenTic” agentic automation stack (AgentBuilder, Maestro, Data Fabric, coded agents and IDP/IXP GA), with ~450 customers actively building agents and early large wins cited; management said AgenTic is driving larger deal sizes but is still early-stage for material ARR contribution in FY2026. Guidance was raised: Q3 revenue $390–395M, ARR $1.771–1.776B, non-GAAP op income ~$70M; FY2026 revenue $1.571–1.576B, ARR $1.834–1.839B, non-GAAP op income ~$340M, and adjusted FCF ~ $370M. Management cited continued operational discipline, go-to-market stabilization, partner momentum (Microsoft, Deloitte, GSIs), and FX tailwinds baked into guidance, while maintaining a prudent view on macro and public sector timing.