Curious about UiPath net worth and financial performance in 2024? You’re in the right place. We’ll explore UiPath’s success and focus on its impressive ARR growth and revenue trends.
At Ando Money, we’re committed to giving you clear insights into famous companies’ finances, like UiPath’s, and how they compare within the financial sector.
Quick Facts
| FACT | DETAIL |
|---|---|
| Name | UiPath, Inc. |
| Full Name | UiPath, Inc. |
| Website | www.uipath.com |
| Industry | Enterprise Automation, AI Software |
| Traded As | NYSE: PATH |
| ISIN | N/A |
| Founded | 2005 |
| Founders | Daniel Dines, Marius Tîrcă |
| Country/Territory | United States |
| Headquarters | New York, NY, USA |
| Chief Executive Officer | Daniel Dines |
| Number of Employees | N/A |
| Market Cap | $7.03 billion |
| Total Assets | $2.7 billion (July 31, 2024) |
| Total Equity | $1.833 billion (July 31, 2024) |
| Revenue | $316 million (Q2 FY2025) |
| Net Income | -86.1 million (Q2 FY2025) |
What is the Net Worth/Market Cap of UiPath in 2024?
As of October 2024, UiPath’s market cap stands at $7.03 billion, positioning it among the top global tech companies.
While this figure is impressive, it’s worth comparing UiPath’s performance to other influential brands in its space. Many of these companies share commonalities in the field of automation, AI, and enterprise software.
Here’s a list of some notable companies related to UiPath:
Looking for the largest and wealthiest corporations in the industry? Check out this list of the wealthiest corporations to see how UiPath compares.
UiPath Financial Performance Overview
How Revenue Growth Impacts Financial Stability
UiPath has demonstrated remarkable revenue growth over the past year, especially with its Q2 FY2025 performance.
The company reported a $316 million increase in revenue, which represents a 10% year-over-year growth.
This growth was primarily driven by subscription services and license sales, which have proven essential to sustaining the company’s growth trajectory.
Despite the increase in revenue, UiPath has faced GAAP net losses amounting to $86.1 million in Q2 FY2025, highlighting the company’s ongoing investments in innovation and expansion efforts.
However, non-GAAP metrics paint a more favorable picture, with UiPath posting a non-GAAP operating income of $6 million, indicating operational improvements.
Analyzing Key Drivers Behind ARR Growth
One of UiPath’s strongest financial metrics is its Annualized Renewal Run Rate (ARR), which grew by 19% year-over-year to reach $1.551 billion.
ARR is a critical indicator of the company’s ability to maintain and expand its customer base through recurring subscriptions.
This increase is a testament to the long-term customer value UiPath offers, as well as its success in renewing and expanding contracts with existing clients.
Cash Flow and Its Role in Operational Efficiency
UiPath’s cash flow from operations grew to $46 million in Q2 FY2025.
Additionally, the company’s non-GAAP adjusted free cash flow reached $49 million, illustrating strong cash generation capabilities despite the challenges of achieving profitability.
This solid cash flow helps ensure that UiPath can continue investing in strategic growth areas without the need for excessive borrowing.
Impact of Stock Repurchase on Company Finances
In an effort to deliver shareholder value, UiPath expanded its stock repurchase program by an additional $500 million, bringing the total authorization to $554 million.
Stock buybacks are a strategic way for UiPath to return capital to investors, signaling confidence in its financial outlook.
Moreover, this move is expected to improve earnings per share (EPS) over time, which can be a positive signal for both current and prospective investors.
Evaluating Subscription Services and License Contributions
UiPath’s financial success is closely tied to its subscription services and license sales, which collectively account for a large portion of the company’s revenue.
In Q2 FY2025, the company generated over $194 million from subscription services alone, demonstrating the recurring revenue model’s importance.
Additionally, license sales contributed another significant chunk of $112 million, although it saw a slight decline compared to the previous year.
Free Cash Flow as a Financial Health Indicator
Another critical metric is UiPath’s ability to generate free cash flow. With $49 million in non-GAAP free cash flow for Q2 FY2025, the company shows a solid capacity to fund its operations while maintaining liquidity.
This cash generation power is essential for UiPath to continue expanding its R&D efforts, especially in AI-driven automation.
Cost Management and Gross Profit Margins
UiPath reported a GAAP gross margin of 80% for Q2 FY2025, while the non-GAAP gross margin was slightly higher at 83%.
These margins indicate that UiPath is efficiently managing its cost of goods sold, maintaining a healthy buffer for profitability despite operating in a highly competitive industry.
The company’s focus on reducing operating expenses and improving operational efficiency has played a crucial role in maintaining these margins.
Strategic Investments and Financial Position
UiPath’s financial health is further strengthened by its strategic investments in marketable securities, which totaled $804 million as of July 31, 2024.
Additionally, the company’s cash and equivalents stand at $939 million, providing a strong financial cushion for future initiatives.
These investments are vital for maintaining a robust balance sheet while allowing UiPath to explore further growth opportunities.
Leadership and Financial Decision-Making
Under the leadership of Daniel Dines, UiPath has made strategic decisions that have significantly impacted its financial health.
Dines, along with Ashim Gupta, who has recently taken on an expanded role as both CFO and COO, has helped steer the company through challenging times.
Their leadership has been instrumental in driving UiPath’s ARR growth and overseeing its operational efficiency improvements.
FAQs About UiPath
How does UiPath generate revenue?
It generates most of its revenue through subscription services and license sales, offering a recurring revenue model based on its automation platform.
What is UiPath’s Annualized Renewal Run Rate (ARR)?
As of Q2 FY2025, UiPath’s ARR stands at $1.551 billion, reflecting a 19% year-over-year growth, driven by customer retention and subscription renewals.
What are UiPath’s gross margins?
It reported a GAAP gross margin of 80% in Q2 FY2025, while the non-GAAP gross margin reached 83%, highlighting strong cost management.
What role does cash flow play in UiPath’s finances?
Its cash flow from operations amounted to $46 million in Q2 FY2025, and its non-GAAP adjusted free cash flow totaled $49 million, illustrating its financial efficiency.
How is UiPath improving shareholder value?
The company has expanded its stock repurchase program by $500 million, signaling confidence in its financial health and long-term growth prospects.
Conclusion
UiPath’s financial journey continues to be one of growth, driven by innovation in automation and strong operational management.
For more insights into leading companies’ finances, visit Ando Money. Don’t forget to share your thoughts in the comments and check out our other content!
