UiPath Q3 2022 Earnings Report
Key Takeaways
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.
UiPath
UiPath
UiPath Revenue by Segment
Forward Guidance
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.
Positive Outlook
- ARR in the range of $901 million to $903 million as of January 31, 2022
- Revenue in the range of $281 million to $283 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income