UiPath, Inc. reported financial results for the second quarter of fiscal 2027, ending July 31, 2026. The company announced revenue of $410 million, representing a 13 percent year-over-year increase. The company also reported an annualized renewal run-rate (ARR) of $1.938 billion, which increased 12 percent year-over-year. The dollar-based net retention rate was 109 percent, and net new ARR was $37 million.
In terms of profitability, GAAP operating income was $32 million, while non-GAAP operating income was $89 million. The company reported net cash flow from operations of $31 million and non-GAAP adjusted free cash flow of $31 million. As of July 31, 2026, the company held $1.405 billion in cash, cash equivalents, and marketable securities.
UiPath also announced leadership and board changes. Hitesh Ramani was appointed as Chief Financial Officer, succeeding Ashim Gupta, who will continue as Chief Operating Officer. Brad Brubaker was appointed as Chief Legal & Administrative Officer. Additionally, the Board of Directors increased its size to eight members and appointed Yazdi Bagli as a new director, effective September 3, 2026.
Regarding future guidance, UiPath expects third quarter fiscal 2027 revenue between $440 million and $445 million. For the full year fiscal 2027, the company expects revenue in the range of $1.789 billion to $1.794 billion and non-GAAP operating income of approximately $445 million.
