UiPath reported first-quarter fiscal 2027 earnings of $.15 per share late last week on revenue of $418 million. The Q1 profit was in line with estimates while the revenue number was up 17 percent year over year, beating Wall St. expectations by more than $20 million.
The New York City-based company said annualized renewal run-rate (ARR) reached $1.901 billion for the quarter ended April 30, up 12 percent from the same period a year earlier. UiPath also reported GAAP operating income of $28 million, marking the first time in its history it was profitable by this measure.
According to UiPath, agentic AI products and enterprise orchestration solutions are moving beyond the pilot stage as businesses begin to deploy AI-driven automation technologies in their production environments.
“We delivered a strong start to the fiscal year, with ARR growing 12 percent year-over-year to $1.901 billion,” said Daniel Dines, UiPath founder and CEO. “One year into general availability, our agentic products are moving from pilot to production, with customers standardizing on UiPath as the orchestration and automation execution layer for their enterprise AI transformation.”
During the quarter, UiPath announced several partnerships and product updates tied to AI-enabled automation. Those included integrations with Databricks and Google Cloud, expanded collaboration with Deloitte around agentic ERP and software testing, and new Salesforce AgentExchange offerings focused on orchestration and customer experience automation.
The company also introduced UiPath for Coding Agents, which integrates coding agents into the broader UiPath platform to support automation development and governance through natural language interaction.