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Apr 30, 2021
UiPath Q1 2022 Earnings Report
UiPath experienced substantial ARR growth and completed its IPO.
Key Takeaways
UiPath reported a strong start to fiscal year 2022, with ARR growing 64% year-over-year to $653 million. The company completed its initial public offering (IPO) and continues to invest in growth.
ARR increased 64% year-over-year to $652.6 million.
Revenue increased 65% year-over-year to $186.2 million.
Completed initial public offering (IPO) with net proceeds of $692.4 million.
Released UiPath Platform 21.4 with new products and features.
UiPath
UiPath
UiPath Revenue by Segment
Forward Guidance
UiPath provided guidance for the fiscal second quarter 2022 and full year 2022.
Positive Outlook
- ARR in the range of $702 million and $704 million for Q2 2022.
- Revenue in the range of $180 million and $185 million for Q2 2022.
- ARR in the range of $850 million and $855 million for full year 2022.
Challenges Ahead
- Non-GAAP operating loss in the range of $(35) million and $(25) million for Q2 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income