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UiPath, Inc. (PATH) Stock Fundamental Analysis & AI Rating 2026

PATH NYSE Services-Prepackaged Software DE CIK: 0001734722
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2026-01-31
BUY
72% Conf
Pending
Analysis scheduled

📊 PATH Key Takeaways

Revenue: $1.6B
Net Margin: 17.5%
Free Cash Flow: $352.2M
Current Ratio: 2.48x
Debt/Equity: 0.00x
EPS: $0.52
AI Rating: BUY with 72% confidence
UiPath, Inc. (PATH) receives a BUY rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.6B, net profit margin of 17.5%, and return on equity (ROE) of 13.6%, UiPath, Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete PATH stock analysis for 2026.

Is UiPath, Inc. (PATH) a Good Investment?

Claude

UiPath demonstrates strong fundamental business quality with exceptional 83.2% gross margins and robust free cash flow generation ($352.2M annually), underpinned by a fortress balance sheet with zero debt and $871.2M cash. However, the extremely low 3.5% operating margin relative to gross margin suggests aggressive spending for growth, and the disproportionate 483% net income surge relative to 12.7% revenue growth warrants scrutiny regarding sustainability of profitability gains.

Why Buy UiPath, Inc. Stock? PATH Key Strengths

Claude
  • + Outstanding free cash flow generation ($352.2M FCF, 21.9% FCF margin) demonstrates highly cash-generative business model
  • + Exceptional gross margins (83.2%) typical of premium software companies with strong pricing power
  • + Fortress balance sheet with zero long-term debt, $871.2M cash reserves, and strong 2.48x current ratio providing financial flexibility

PATH Stock Risks: UiPath, Inc. Investment Risks

Claude
  • ! Operating margin critically low at 3.5% relative to 83.2% gross margin, indicating excessive operating expenses and execution risk in achieving profitability
  • ! Net income surge of 483% appears disproportionate to 12.7% revenue growth, suggesting non-recurring gains or accounting benefits that may not persist
  • ! Revenue growth of 12.7% is modest for a software company, raising questions about market saturation or slowing adoption trajectory

Key Metrics to Watch

Claude
  • * Operating margin expansion trend - critical to confirm the company can achieve sustainable profitability while maintaining growth
  • * Free cash flow sustainability and conversion from operating cash flow - ensure strong FCF is recurring and not anomalous
  • * Revenue growth acceleration - assess whether 12.7% represents normalized mature growth or if company can re-accelerate

UiPath, Inc. (PATH) Financial Metrics & Key Ratios

Revenue
$1.6B
Net Income
$282.3M
EPS (Diluted)
$0.52
Free Cash Flow
$352.2M
Total Assets
$3.2B
Cash Position
$871.2M

💡 AI Analyst Insight

The 21.9% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 2.48x current ratio provides a solid financial cushion.

PATH Profit Margin, ROE & Profitability Analysis

Gross Margin 83.2%
Operating Margin 3.5%
Net Margin 17.5%
ROE 13.6%
ROA 8.9%
FCF Margin 21.9%

PATH vs Technology Sector: How UiPath, Inc. Compares

How UiPath, Inc. compares to Technology sector averages

Net Margin
PATH 17.5%
vs
Sector Avg 18.0%
PATH Sector
ROE
PATH 13.6%
vs
Sector Avg 22.0%
PATH Sector
Current Ratio
PATH 2.5x
vs
Sector Avg 2.5x
PATH Sector
Debt/Equity
PATH 0.0x
vs
Sector Avg 0.5x
PATH Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is UiPath, Inc. Stock Overvalued? PATH Valuation Analysis 2026

Based on fundamental analysis, UiPath, Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
13.6%
Sector avg: 22%
Net Profit Margin
17.5%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

UiPath, Inc. Balance Sheet: PATH Debt, Cash & Liquidity

Current Ratio
2.48x
Quick Ratio
2.48x
Debt/Equity
0.00x
Debt/Assets
34.5%
Interest Coverage
N/A
Long-term Debt
N/A

PATH Revenue & Earnings Growth: 5-Year Financial Trend

PATH 5-year financial data: Year 2022: Revenue $892.3M, Net Income -$519.9M, EPS $-3.41. Year 2023: Revenue $1.1B, Net Income -$92.4M, EPS $-0.55. Year 2024: Revenue $1.3B, Net Income -$525.6M, EPS $-1.16. Year 2025: Revenue $1.4B, Net Income -$328.4M, EPS $-0.60. Year 2026: Revenue $1.6B, Net Income -$89.9M, EPS $-0.16.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: UiPath, Inc.'s revenue has grown significantly by 81% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.16 indicates the company is currently unprofitable.

PATH Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
21.9%
Free cash flow / Revenue

PATH Quarterly Earnings & Performance

Quarterly financial performance data for UiPath, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $354.7M $1.6M $-0.02
Q2 2026 $316.3M $1.6M $0.00
Q1 2026 $335.1M -$22.6M $-0.04
Q3 2025 $325.9M -$10.7M $-0.02
Q2 2025 $287.3M -$28.7M $-0.11
Q1 2025 $289.6M -$28.7M $-0.05
Q3 2024 $262.7M -$31.5M $-0.06
Q2 2024 $242.2M -$31.9M $-0.11

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

UiPath, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$371.2M
Cash generated from operations
Stock Buybacks
$329.1M
Shares repurchased (TTM)
Capital Expenditures
$19.0M
Investment in assets
Dividends
None
No dividend program

PATH SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for UiPath, Inc. (CIK: 0001734722)

📋 Recent SEC Filings

Date Form Document Action
Apr 7, 2026 4 xslF345X06/primarydocument.xml View →
Apr 1, 2026 4 xslF345X06/primarydocument.xml View →
Apr 1, 2026 4 xslF345X06/primarydocument.xml View →
Apr 1, 2026 4 xslF345X06/primarydocument.xml View →
Mar 25, 2026 8-K path-20260324.htm View →

Frequently Asked Questions about PATH

What is the AI rating for PATH?

UiPath, Inc. (PATH) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PATH's key strengths?

Claude: Outstanding free cash flow generation ($352.2M FCF, 21.9% FCF margin) demonstrates highly cash-generative business model. Exceptional gross margins (83.2%) typical of premium software companies with strong pricing power.

What are the risks of investing in PATH?

Claude: Operating margin critically low at 3.5% relative to 83.2% gross margin, indicating excessive operating expenses and execution risk in achieving profitability. Net income surge of 483% appears disproportionate to 12.7% revenue growth, suggesting non-recurring gains or accounting benefits that may not persist.

What is PATH's revenue and growth?

UiPath, Inc. reported revenue of $1.6B.

Does PATH pay dividends?

UiPath, Inc. does not currently pay dividends.

Where can I find PATH SEC filings?

Official SEC filings for UiPath, Inc. (CIK: 0001734722) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PATH's EPS?

UiPath, Inc. has a diluted EPS of $0.52.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PATH a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, UiPath, Inc. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is PATH stock overvalued or undervalued?

Valuation metrics for PATH: ROE of 13.6% (sector avg: 22%), net margin of 17.5% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy PATH stock in 2026?

Our dual AI analysis gives UiPath, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PATH's free cash flow?

UiPath, Inc.'s operating cash flow is $371.2M, with capital expenditures of $19.0M. FCF margin is 21.9%.

How does PATH compare to other Technology stocks?

Vs Technology sector averages: Net margin 17.5% (avg: 18%), ROE 13.6% (avg: 22%), current ratio 2.48 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2026-01-31 | Powered by Claude AI