UiPath reported strong third-quarter results with ARR reaching $818.4 million, a 58% increase year-over-year, and revenue of $220.8 million, up 50% year-over-year. The company is focused on long-term growth through innovation and strategic partnerships.
ARR reached $818.4 million, representing a 58% year-over-year increase.
Net new ARR was $91.9 million, a 42% increase year-over-year.
Revenue totaled $220.8 million, up 50% year-over-year.
The company announced the general availability of UiPath 2021.10.
For the fiscal fourth quarter 2022, UiPath expects ARR to be in the range of $901 million to $903 million as of January 31, 2022 and revenue in the range of $281 million to $283 million.
Visualization of income flow from segment revenue to net income