UiPath, Inc 10-K for FY2026

UiPath, Inc. (PATH)

10-K 2026-03-25 For: 2026-01-31

Added on April 11, 2026

About this 10-K

UiPath, Inc filed this 10-K on March 25, 2026, covering the fiscal year ended January 31, 2026 (FY2026).

Headline figures

Fiscal year ended January 31, 2026, as reported in this filing, compared with the same period a year earlier where the filing states it.

Revenue: $1.61B; up 12.7% from $1.43B a year earlier
Net income: $282.33M; compared with a net loss of $73.69M a year earlier
Diluted EPS: $0.52; compared with -$0.13 a year earlier

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Delaware						47-4333187
(State or other jurisdiction of incorporation or organization)						(I.R.S. Employer Identification No.)

One Vanderbilt Avenue, 60th Floor New York, New York						10017
(Address of Principal Executive Offices)						(Zip code)
(844) 432-0455
Registrant's telephone number, including area code


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A common stock, par value $0.00001 per share	PATH	New York Stock Exchange


Large accelerated filer	☒	Accelerated filer	☐
Non-accelerated filer	☐	Smaller reporting company	☐
		Emerging growth company	☐


												TABLE OF CONTENTS

												Defined Terms						2
												Special Note Regarding Forward-Looking Statements						4
												Summary Risk Factors						6

												PART I

												Item 1. Business						8
												Item 1A. Risk Factors						19
												Item 1B. Unresolved Staff Comments						55
												Item 1C. Cybersecurity						55
												Item 2. Properties						56
												Item 3. Legal Proceedings						57
												Item 4. Mine Safety Disclosures						57

												PART II

												Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities						58
												Item 6. [Reserved]						59
												Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations						59
												Item 7A. Quantitative and Qualitative Disclosures About Market Risk						73
												Item 8. Financial Statements and Supplementary Data						75
												Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure						117
												Item 9A. Controls and Procedures						117
												Item 9B. Other Information						118
												Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections						118

												PART III

												Item 10. Directors, Executive Officers and Corporate Governance						119
												Item 11. Execu tive Compensation						119
												Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters						119
												Item 13. Certain Relationships and Related Transactions, and Director Independence						119
												Item 14. Principal Accounting Fees and Services						119

												PART IV

												Item 15. Exhibits and Financial Statement Schedules						120
												Item 16. Form 10-K Summary						120
												Signatures						121


Term						Definition
2021 Plan						2021 Equity Incentive Plan
2025 Form 10-K						Annual Report on Form 10-K for the fiscal year ended January 31, 2025, filed with the United States Securities and Exchange Commission on March 24, 2025
AI						artificial intelligence
ANAF						Agenția Națională de Administrare Fiscală
API						application programming interface
ARR						annualized renewal run-rate
ASC						Accounting Standards Codification
ASU						Accounting Standards Update
BOAT						business orchestration and automation technologies
CCPA						California Consumer Privacy Act of 2018
CEO						Chief Executive Officer (effective June 1, 2024, Daniel Dines)
CFO						Chief Financial Officer (Ashim Gupta)
CIO						Chief Information Officer
CISO						Chief Information Security Officer
Co-CEO(s)						Co-Chief Executive Officer(s) (from the second quarter of fiscal year 2023 through the second quarter of fiscal year 2025, Daniel Dines and Robert Enslin)
CODM						chief operating decision maker
CoE						center of excellence
COO						Chief Operating Officer (Ashim Gupta)
Current Period ARR						ARR as of January 31, 2026 from the cohort of all customers as of January 31, 2025 (used in calculation of dollar-based net retention rate)
DSA						Digital Services Act
DTA						deferred tax asset
DTL						deferred tax liability
EEA						European Economic Area
ESG						environmental, social, and governance
ESPP						2021 Employee Stock Purchase Plan
EU						European Union
Exchange Act						Securities Exchange Act of 1934, as amended
FASB						Financial Accounting Standards Board
FCPA						United States Foreign Corrupt Practices Act
FDIC						Federal Deposit Insurance Corporation
Fiscal Year 2023 Workforce Restructuring						restructuring actions approved by our board of directors on June 24, 2022 and expanded by our board of directors on November 10, 2022
Fiscal Year 2025 Workforce Restructuring						restructuring actions approved by our board of directors on July 8, 2024
FTC						Federal Trade Commission
GDPR						General Data Protection Regulation
GST						goods and services tax


☒			ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
			For the fiscal year ended January 31, 2026


☐			TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
			For the transition period from ________ to ________


Information Assets, Systems, and Data						our critical computer networks, third-party hosted services, communications systems, hardware and software, and our critical data, including intellectual property, confidential information that is proprietary, strategic, or competitive in nature, and personal and sensitive information related to our employees, prospective employees, third-party service providers, and our customers
IPO						initial public offering
IRC						Internal Revenue Code of 1986, as amended
IRS						Internal Revenue Service
IT						information technology
LGPD						Brazil's General Data Protection Law
LLM						large language model
ML						machine learning
NOLs						net operating loss carryforwards
OECD						Organisation of Economic Cooperation and Development
Peak						Peak AI Limited
PIPL						Personal Information Protection Law (China)
Prior Period ARR						ARR as of January 31, 2025 from the cohort of all customers as of January 31, 2025
PSU						performance stock unit
QA						quality assurance
ROU						right-of-use
RPA						robotic process automation
RSA						restricted stock award
RSU						restricted stock unit
SaaS						software-as-a-service
SCCs						standard contractual clauses
SEC						United States Securities and Exchange Commission
Securities Act						Securities Act of 1933, as amended
SOX						Sarbanes-Oxley Act of 2002
SSP						standalone selling price
Trade Controls						various export, import, and trade and economic sanction laws and regulations, including, among others, the U.S. Export Administration Regulations, administered by the U.S. Department of Commerce’s Bureau of Industry and Security, and economic and trade sanctions regulations maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control
UI						user interface
U.K.						United Kingdom
U.S.						United States
U.S. GAAP						generally accepted accounting principles in the U.S.
VAT						value-added tax


Period	Total Number of Shares Purchased	Average Price Paid Per Share (1)		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)		Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs
November 1 – 30	—	$	—	$	—	$	180,298
December 1 – 31	—	$	—	$	—	$	180,298
January 1 – 31	780	$	12.81	$	780	$	170,298
Total	780			780


	Year Ended January 31,
	2026		2025
Revenue:
Licenses	$	606,394	$	587,162
Subscription services	954,472		801,947
Professional services and other	49,706		40,555
Total revenue	1,610,572		1,429,664
Cost of revenue:
Licenses(1)	5,334		8,565
Subscription services(1)(2)(3)(4)	157,588		167,630
Professional services and other (2)(3)(4)	108,062		70,747
Total cost of revenue	270,984		246,942
Gross profit	1,339,588		1,182,722
Operating expenses:
Sales and marketing(1)(2)(3)(4)	683,329		738,493
Research and development(2)(3)(4)	385,208		380,682
General and administrative(1)(2)(3)(4)	214,291		226,116
Total operating expenses	1,282,828		1,345,291
Operating income (loss)	56,760		(162,569)
Interest income	48,023		49,422
Other (expense) income, net	(4,155)		35,047
Income (loss) before income taxes	100,628		(78,100)
Benefit from income taxes	(181,702)		(4,406)
Net income (loss)	$	282,330	$	(73,694)


(1) Includes amortization of acquired intangible assets as follows (in thousands):	Year Ended January 31,
	2026		2025
Cost of licenses revenue	$	991	$	2,747
Cost of subscription services revenue	3,449		2,382
Sales and marketing	3,630		1,428
General and administrative	121		154
Total amortization of acquired intangible assets	$	8,191	$	6,711


(2) Includes stock-based compensation expense as follows (in thousands):	Year Ended January 31,
	2026		2025
Cost of subscription services revenue	$	13,676	$	19,401
Cost of professional services and other revenue	9,484		11,386
Sales and marketing	87,746		134,646
Research and development	132,890		132,757
General and administrative	46,880		59,961
Total stock-based compensation expense	$	290,676	$	358,151


(3) Includes employer payroll tax expense related to employee equity transactions as follows (in thousands):	Year Ended January 31,
	2026		2025
Cost of subscription services revenue	$	333	$	448
Cost of professional services and other revenue	145		188
Sales and marketing	2,054		3,069
Research and development	2,358		2,188
General and administrative	852		1,106
Total employer payroll tax expense related to employee equity transactions	$	5,742	$	6,999


(4) Includes restructuring expense as follows (in thousands):	Year Ended January 31,
	2026		2025
Cost of subscription services revenue	$	585	$	2,745
Cost of professional services and other revenue	18		105
Sales and marketing	2,524		15,452
Research and development	(52)		3,058
General and administrative	1,332		3,366
Total restructuring expense	$	4,407	$	24,726


	At January 31,
	2026			2025
	(dollars in thousands)
ARR	$	1,852,567		$	1,666,136
Incremental ARR (1)	$	186,431		$	202,438

Customers with ARR ≥ $1 million:
Number of customers	357			317
Percent of fiscal year revenue	52		%	51		%
Customers with ARR ≥ $100 thousand:
Number of customers	2,565			2,292
Percent of fiscal year revenue	89		%	87		%

Dollar-based net retention rate	107		%	110		%
(1) For the fiscal years ended January 31, 2026 and 2025, respectively


	Year Ended January 31,
	2026		2025
	(dollars in thousands)
Net cash provided by operating activities(1)	$	371,208	$	320,565
Net cash used in investing activities	(22,466)		(45,503)
Net cash used in financing activities	(372,375)		(450,515)

(1) Inclusive of:
Cash paid for employer payroll taxes related to employee equity transactions	$	(5,750)	$	(6,907)
Net receipts of employee tax withholdings on stock option exercises	15		3
Cash paid for restructuring costs	(14,101)		(15,283)


	Payments Due by Period
	Total		Less Than 1 Year		1-3 Years		3-5 Years		More Than 5 Years
	(dollars in thousands)
Operating lease commitments(1)	$	122,585	$	16,808	$	29,603	$	22,647	$	53,527
Purchase commitments	346,861		163,400		183,458		3		—
Total contractual obligations	$	469,446	$	180,208	$	213,061	$	22,650	$	53,527
(1) Inclusive of $12.2 million of commitments related to operating leases which have not yet commenced.


	As of January 31,
	2026		2025
ASSETS
Current assets
Cash and cash equivalents	$	871,157	$	879,196
Restricted cash	438		438
Marketable securities	601,329		750,322
Accounts receivable, net of allowance for credit losses of $5,222 and $1,642, respectively	488,265		451,131
Contract assets	92,440		88,735
Deferred contract acquisition costs	84,739		82,461
Prepaid expenses and other current assets	105,577		86,276
Total current assets	2,243,945		2,338,559
Marketable securities, non-current	216,990		94,113
Contract assets, non-current	1,946		3,447
Deferred contract acquisition costs, non-current	153,708		139,341
Property and equipment, net	46,014		32,740
Operating lease right-of-use assets	64,472		66,500
Intangible assets, net	19,989		7,905
Goodwill	125,310		87,304
Deferred tax assets	233,401		27,963
Other assets, non-current	73,425		67,398
Total assets	$	3,179,200	$	2,865,270
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable	$	10,161	$	33,178
Accrued expenses and other current liabilities	170,496		83,923
Accrued compensation and employee benefits	121,029		112,355
Deferred revenue	603,737		569,464
Total current liabilities	905,423		798,920
Deferred revenue, non-current	103,568		135,843
Operating lease liabilities, non-current	70,940		74,230
Other liabilities, non-current	16,682		10,515
Total liabilities	1,096,613		1,019,508
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $0.00001 par value per share, 20,000 shares authorized; none issued and outstanding	—		—
Class A common stock, $0.00001 par value per share, 2,000,000 shares authorized; 540,898 and 508,680 shares issued, respectively; 472,346 and 471,059 shares outstanding, respectively	5		5
Class B common stock, $0.00001 par value per share, 115,741 shares authorized; 64,691 and 82,453 shares issued and outstanding, respectively	1		1
Treasury stock, at cost, 68,552 and 37,621 shares, respectively	(833,905)		(494,779)


	Year Ended January 31,
	2026		2025		2024
Net income (loss)	$	282,330	$	(73,694)	$	(89,883)
Other comprehensive income (loss), net of tax:
Unrealized gain (loss) on available-for-sale marketable securities, net	717		(272)		519
Foreign currency translation adjustments, net	40,774		(13,443)		694
Other comprehensive income (loss), net	41,491		(13,715)		1,213
Comprehensive income (loss)	$	323,821	$	(87,409)	$	(88,670)


			Page
Report of Independent Registered Public Accounting Firm (PCAOB ID Number 185)			76
Consolidated Balance Sheets			78
Consolidated Statements of Operations			79
Consolidated Statements of Comprehensive Income (Loss)			80
Consolidated Statements of Stockholders' Equity			81
Consolidated Statements of Cash Flows			82
Notes to Consolidated Financial Statements			83


	Common stock						Treasury stock			Additional paid-in capital		Accumulated other comprehensive income (loss)		Accumulated deficit		Total stockholders’ equity
	Class A			Class B
	Shares	Amount		Shares	Amount		Shares	Amount		Amount		Amount		Amount		Amount
Balance as of January 31, 2023	474,160	$	5	82,453	$	1	—	$	—	$	3,736,838	$	7,612	$	(1,824,298)	$	1,920,158
Issuance of common stock upon exercise of stock options	5,221	—		—	—		—	—		6,728		—		—		6,728
Vesting of early exercised stock options	—	—		—	—		—	—		2		—		—		2
Issuance of common stock upon settlement of restricted stock units	17,695	—		—	—		—	—		—		—		—		—
Tax withholdings on settlement of restricted stock units	(6,061)	—		—	—		—	—		(113,162)		—		—		(113,162)
Charitable donation of Class A common stock	281	—		—	—		—	—		4,215		—		—		4,215
Repurchase of Class A common stock	—	—		—	—		(5,840)	(102,615)		—		—		—		(102,615)
Issuance of common stock under employee stock purchase plan	1,364	—		—	—		—	—		17,313		—		—		17,313
Stock-based compensation	—	—		—	—		—	—		372,145		—		—		372,145
Other comprehensive income, net of tax	—	—		—	—		—	—		—		1,213		—		1,213
Net loss	—	—		—	—		—	—		—		—		(89,883)		(89,883)
Balance as of January 31, 2024	492,660	$	5	82,453	$	1	(5,840)	$	(102,615)	$	4,024,079	$	8,825	$	(1,914,181)	$	2,016,114
Issuance of common stock upon exercise of stock options	4,002	—		—	—		—	—		8,032		—		—		8,032
Vesting of early exercised stock options	—	—		—	—		—	—		2		—		—		2
Issuance of common stock upon settlement of restricted stock units	15,357	—		—	—		—	—		—		—		—		—
Tax withholdings on settlement of restricted stock units	(5,170)	—		—	—		—	—		(79,299)		—		—		(79,299)
Charitable donation of Class A common stock	281	—		—	—		—	—		6,564		—		—		6,564
Repurchase of Class A common stock	—	—		—	—		(31,781)	(392,164)		—		—		—		(392,164)
Issuance of common stock under employee stock purchase plan	1,550	—		—	—		—	—		15,708		—		—		15,708
Stock-based compensation	—	—		—	—		—	—		358,214		—		—		358,214
Other comprehensive loss, net of tax	—	—		—	—		—	—		—		(13,715)		—		(13,715)
Net loss	—	—		—	—		—	—		—		—		(73,694)		(73,694)
Balance as of January 31, 2025	508,680	$	5	82,453	$	1	(37,621)	$	(494,779)	$	4,333,300	$	(4,890)	$	(1,987,875)	$	1,845,762
Issuance of common stock upon exercise of stock options	3,697	—		—	—		—	—		1,056		—		—		1,056
Conversion of Class B common stock into Class A common stock	17,762	—		(17,762)	—		—	—		—		—		—		—
Issuance of common stock upon settlement of restricted stock units	13,575	—		—	—		—	—		—		—		—		—
Tax withholdings on settlement of restricted stock units	(4,468)	—		—	—		—	—		(59,081)		—		—		(59,081)
Charitable donation of Class A common stock	281	—		—	—		—	—		4,187		—		—		4,187
Repurchase of Class A common stock	—	—		—	—		(30,931)	(339,126)		—		—		—		(339,126)
Issuance of common stock under employee stock purchase plan	1,371	—		—	—		—	—		15,289		—		—		15,289
Stock-based compensation	—	—		—	—		—	—		290,679		—		—		290,679
Other comprehensive income, net of tax	—	—		—	—		—	—		—		41,491		—		41,491
Net income	—	—		—	—		—	—		—		—		282,330		282,330
Balance as of January 31, 2026	540,898	$	5	64,691	$	1	(68,552)	$	(833,905)	$	4,585,430	$	36,601	$	(1,705,545)	$	2,082,587


Asset Category						Estimated Useful Life
Computer and equipment						1 to 2 years
Furniture and fixtures						2 to 10 years
Leasehold improvements						Shorter of remaining lease term or estimated useful life (1 to 12 years)


	As of January 31, 2026
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Treasury bills and U.S government securities(1)	$	619,831	$	324	$	—	$	620,155
Corporate bonds	160,872		5		—		160,877
Commercial paper	34,373		17		—		34,390
Yankee bonds	2,899		—		(2)		2,897


Total marketable securities	$	817,975	$	346	$	(2)	$	818,319
(1) Additional treasury bills with both amortized cost and estimated fair value of $22.0 million are included in cash and cash equivalents due to their original maturities of three months or less.


	As of January 31, 2025
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value

Treasury bills and U.S government securities	$	703,740	$	—	$	(421)	$	703,319
Corporate bonds	93,989		36		—		94,025
Commercial paper	42,371		20		—		42,391
Yankee bonds	4,707		—		(7)		4,700
Total marketable securities	$	844,807	$	56	$	(428)	$	844,435


	As of January 31, 2026
	Level 1		Level 2		Level 3		Total
Financial Assets:
Money market funds	$	279,658	$	—	$	—	$	279,658
Treasury bills	21,982		—		—		21,982
Total cash equivalents	301,640		—		—		301,640
Treasury bills & U.S. government securities	620,155		—		—		620,155
Corporate bonds	—		160,877		—		160,877
Commercial paper	—		34,390		—		34,390
Yankee bonds	—		2,897		—		2,897


Total marketable securities	620,155		198,164		—		818,319
Other investments carried at fair value	—		—		14,202		14,202
Total	$	921,795	$	198,164	$	14,202	$	1,134,161
Financial Liabilities:
Contingent consideration	$	—	$	—	$	1,532	$	1,532
Total	$	—	$	—	$	1,532	$	1,532


Intangible assets	$	16,181
Other net liabilities	(5,421)
Goodwill	29,330
Total	$	40,090


	Fair Value (in thousands)		Estimated Useful Life (in years)
Customer relationships	$	9,228	3.0
Developed technology	6,447		5.0
Trade names and trademarks	506		3.0
Total	$	16,181


	Intangible Assets, Gross		Accumulated Amortization		Intangible Assets, Net		Weighted-Average Remaining Useful Life (Years)
Developed technology	$	37,716	$	(28,021)	$	9,695	3.1
Customer relationships	20,910		(11,546)		9,364		2.3
Trade names and trademarks	826		(430)		396		2.2
Other intangibles	1,231		(697)		534		5.7
Total	$	60,683	$	(40,694)	$	19,989


Year Ended January 31,	Amount
2027	$	8,308
2028	7,128
2029	2,668
2030	1,458
2031	271
Thereafter	156
Total	$	19,989


	Carrying Amount
Balance as of January 31, 2024	$	89,026
Effect of foreign currency translation	(1,722)
Balance as of January 31, 2025	87,304
Acquisition of Peak	29,330
Effect of foreign currency translation	8,676
Balance as of January 31, 2026	$	125,310


	Fiscal Year 2025 Workforce Restructuring		Fiscal Year 2023 Workforce Restructuring
Accrued restructuring costs as of January 31, 2024	$	—	$	335
Restructuring costs incurred during fiscal year 2025	24,726		—
Amount paid during fiscal year 2025	(14,948)		(335)
Accrued restructuring costs as of January 31, 2025	$	9,778	$	—
Restructuring costs incurred during fiscal year 2026	4,407		—
Amount paid during fiscal year 2026	(14,101)		—
Accrued restructuring costs as of January 31, 2026	$	84	$	—


	Foreign Currency Translation Adjustments		Unrealized Gain (Loss) on Marketable Securities		Accumulated Other Comprehensive Income (Loss)
Balance as of January 31, 2024	$	8,925	$	(100)	$	8,825
Other comprehensive loss	(14,012)		(272)		(14,284)
Tax benefit	569		—		569
Balance as of January 31, 2025	$	(4,518)	$	(372)	$	(4,890)
Other comprehensive income	41,672		717		42,389
Tax expense	(898)		—		(898)
Balance as of January 31, 2026	$	36,256	$	345	$	36,601


	Stock Options (in thousands)	Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life (years)	Aggregate Intrinsic Value (in thousands)
Balance as of January 31, 2025	7,935	$	0.60	7.5	$	108,138
Granted	3,004	$	0.10
Exercised	(3,697)	$	0.30
Forfeited	(452)	$	0.10
Expired	—	$	—
Balance as of January 31, 2026	6,790	$	0.57	7.5	$	81,589

Vested and exercisable as of January 31, 2026	2,378	$	1.45	5.4	$	26,488


	RSUs (in thousands)	Weighted-Average Grant Date Fair Value Per Share
Unvested as of January 31, 2025	22,449	$	17.81
Granted	16,822	$	11.36
Vested	(13,575)	$	16.96
Forfeited	(5,798)	$	15.67
Unvested as of January 31, 2026	19,898	$	13.56


	Beginning Balance		Additions During the Period		Reductions During the Period		Ending Balance
Year ended January 31, 2026	$	406,251	$	7,699	$	(263,415)	$	150,535

Year ended January 31, 2025	$	470,040	$	17,314	$	(81,103)	$	406,251


	Year Ended January 31,
	2026
U.S. federal	$	—
U.S. state and local	120
Foreign:
France	786
India	762
Japan	1,975
Netherlands	(755)
Singapore	1,511
U.K.	2,723
Other	2,690
Total foreign	9,692
Total cash paid for income taxes, net of refunds	$	9,812


			UIPATH, INC.

			By:			/s/ Ashim Gupta
			Name:			Ashim Gupta
			Title:			Chief Financial Officer and Chief Operating Officer
			Date:			March 24, 2026


Company Name						Jurisdiction of Incorporation
UiPath Australia Pty Ltd						Australia
UiPath Austria GmbH						Austria
UiPath Belgium BVBA						Belgium
UiPath Brasil Consultoria Limitada						Brazil
UiPath Canada Operations Ltd.						Canada
UiPath Shanghai Technology Co., Ltd.						China
UiPath Limited (Hong Kong)						China (Hong Kong)
UiPath Denmark ApS						Denmark
UiPath Finland Oy						Finland
UiPath France SAS						France
UiPath GmbH						Germany
UiPath Robotic Process Automation India Private Limited						India
CloudElements Technologies India Private Limited						India
Peak Business Insight Private Limited						India
UiPath Israel LTD						Israel
UiPath Italy SRL						Italy
UiPath Kabushiki Kaisha						Japan
UiPath Mexico S. DE R.L. DE C.V.						Mexico
UiPath Netherlands Holding B.V.						Netherlands
UiPath Netherlands B.V.						Netherlands
UiPath Process Mining B.V.						Netherlands
UiPath Norway AS						Norway
UiPath Poland sp. z o.o.						Poland
UiPath SRL						Romania
UiPath Arabia for Information Technology LLC						Saudi Arabia
UiPath PTE LTD						Singapore
UiPath South Africa (Pty) LTD						South Africa
UiPath Korea Ltd.						South Korea
UiPath Spain S.L.						Spain
UiPath AB						Sweden
UiPath Switzerland GmbH						Switzerland
UiPath Ukraine LLC						Ukraine
UiPath FZ-LLC						United Arab Emirates (Dubai)
UiPath Ltd. (UK)						United Kingdom
Peak AI Ltd.						United Kingdom
The Conundrum IP LLC						United States of America (Delaware)
UiPath Ventures LLC						United States of America (Delaware)


Date: March 24, 2026	By:	/s/ Daniel Dines
		Daniel Dines
		Chief Executive Officer and Chairman