UiPath profit margin PATH
Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.
- Net margin, 12 months
- 21.0%
- Operating margin, 12 months
- 8.9%
- Net margin on a year earlier
- +19.7 pts
- Peer median
- 13.6%
Over the twelve months to Jul 31, 2026, UiPath kept 21.0% of its revenue as net profit, with an operating margin of 8.9% and a gross margin of 82.6%.
Five years earlier its net margin was −52.1%.
The median for 10 infrastructure software stocks of a similar size is 13.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 17.5% | 3.5% | 83.2% |
| FY2025 | −5.2% | −11.4% | 82.7% |
| FY2024 | −6.9% | −12.6% | 85.0% |
| FY2023 | −31.0% | −32.9% | 83.0% |
| FY2022 | −58.9% | −56.1% | 81.1% |
| FY2021 | −15.2% | −18.2% | 89.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY27 | 21.0% | +19.7 pts | 8.9% | |
| Q1 FY27 | 19.6% | +24.2 pts | 6.0% | |
| Q4 FY26 | 17.5% | +22.7 pts | 3.5% | |
| Q3 FY26 | 14.8% | +21.3 pts | 0.6% | |
| Q2 FY26 | 1.3% | +9.5 pts | −3.1% | |
| Q1 FY26 | −4.7% | +1.8 pts | −8.9% | |
| Q4 FY25 | −5.2% | +1.7 pts | −11.4% | |
| Q3 FY25 | −6.5% | +6.0 pts | −12.8% | |
| Q2 FY25 | −8.1% | +7.3 pts | −14.0% | |
| Q1 FY25 | −6.4% | +15.1 pts | −12.4% | |
| Q4 FY24 | −6.9% | +24.1 pts | −12.6% | |
| Q3 FY24 | −12.5% | +22.5 pts | −18.6% |
Against its peers
Companies in Software - Infrastructure nearest UiPath's size, closest first, today.
| Company | Profit margin |
|---|---|
| PATHUiPath | 21.0% |
| APPFAppfolio | 15.1% |
| QLYSQualys | 29.4% |
| CVLTCommvault Systems | 5.6% |
| OTEXOpen Text | 12.3% |
| DBXDropbox | 17.5% |
| YOUClear Secure | 14.8% |
| SAICScience Applications International | 5.1% |
| BOXBox | 10.6% |
| PCTYPaylocity | 15.2% |
| ACIWACI Worldwide | 12.4% |
| Peer median | 13.6% |
Where UiPath ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on UiPath
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.