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Jan 31, 2024
UiPath Q4 2024 Earnings Report
UiPath's Q4 2024 earnings showcased record quarterly revenue and ARR growth, achieving GAAP profitability and strong cash flow.
Key Takeaways
UiPath reported a strong finish to fiscal year 2024, with Q4 revenue reaching $405 million, a 31% increase year-over-year, and ARR growing by 22% to $1.464 billion. The company achieved its first quarter of GAAP profitability and generated $146 million in cash flow from operations and non-GAAP adjusted free cash flow.
Revenue increased 31% year-over-year to $405 million.
ARR increased 22% year-over-year to $1.464 billion.
GAAP profitability was achieved for the first time as a public company.
Cash flow from operations and non-GAAP adjusted free cash flow reached $146 million.
UiPath
UiPath
UiPath Revenue by Segment
Revenue by Segment
Licenses Revenue
CapyFin.comSubscription Services Revenue
CapyFin.comProfessional Services Revenue
CapyFin.com Forward Guidance
UiPath provided financial outlook for the first quarter and full year fiscal 2025.
Positive Outlook
- Q1 2025 revenue is expected to be in the range of $330 million to $335 million.
- Q1 2025 ARR is expected to be in the range of $1.508 billion to $1.513 billion as of April 30, 2024.
- Q1 2025 Non-GAAP operating income is expected to be approximately $55 million.
- FY 2025 revenue is expected to be in the range of $1.555 billion to $1.560 billion.
- FY 2025 ARR is expected to be in the range of $1.725 billion to $1.730 billion as of January 31, 2025.
Challenges Ahead
- Reconciliation of non-GAAP operating income guidance to the most directly comparable GAAP measure is not available without unreasonable efforts on a forward-looking basis due to the high variability.
- Complexity and low visibility with respect to the charges excluded from this non-GAAP measure.
- Effects of stock-based compensation expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in our stock price.
- Variability of the above charges to have a significant, and potentially unpredictable, impact on our future GAAP financial results.
- Guidance reflects typical seasonal patterns in the business.
Revenue & Expenses
Visualization of income flow from segment revenue to net income