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Jan 31, 2023
UiPath Q4 2023 Earnings Report
UiPath's ARR grew, revenue increased, and cost management led to a record non-GAAP operating margin.
Key Takeaways
UiPath reported a strong Q4 2023 with ARR growing 30% year-over-year to $1.204 billion. Revenue increased by 7% year-over-year to $308.5 million. Disciplined cost management resulted in a record non-GAAP operating margin and positive non-GAAP adjusted free cash flow.
ARR grew 30% year-over-year reaching $1.204 billion, driven by net new ARR of $94 million.
Revenue of $308.5 million increased 7% year-over-year.
GAAP gross margin was 85%, while non-GAAP gross margin was 87%.
Non-GAAP adjusted free cash flow was $101.2 million.
Revenue by Segment
Forward Guidance
UiPath expects for the first quarter fiscal 2024, revenue in the range of $270 million to $272 million and ARR in the range of $1.245 billion to $1.250 billion as of April 30, 2023. For the full year 2024, UiPath expects revenue in the range of $1.253 billion to $1.258 billion and ARR in the range of $1.425 billion to $1.430 billion as of January 31, 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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