UiPath Inc. (PATH) Revenue History
Annual and quarterly revenue from 2020 to 2026
Compound Annual Growth Rate (CAGR)
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PATH Revenue Growth
Revenue Breakdown (FY 2025)
PATH's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PATH Revenue Analysis (2020–2026)
As of May 6, 2026, UiPath Inc. (PATH) generated trailing twelve-month (TTM) revenue of $1.61 billion, reflecting strong growth of +13.6% year-over-year. The most recent quarter (Q4 2026) recorded $481.1 million in revenue, up 17.0% sequentially.
Looking at the longer-term picture, PATH's 5-year compound annual growth rate (CAGR) stands at +21.5%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $1.61 billion in 2026, representing a new all-time high.
Revenue diversification analysis shows PATH's business is primarily driven by Subscription Services (55%), License (40%), and Professional Services and Other (5%). With over half of revenue concentrated in Subscription Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including APPN (+16.0% YoY), PEGA (+3.5% YoY), and NICE (+7.9% YoY), PATH has underperformed the peer group in terms of revenue growth. Compare PATH vs APPN →
PATH Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PATHCurrent | $1.6B | +13.6% | +21.5% | 3.8% | |
 APPN | $727M | +16.0% | +19.0% | 0.1% | |
 PEGA | $1.7B | +3.5% | +11.4% | 15.1% | |
 NICE | $3.0B | +7.9% | +12.5% | 22.2% | |
 NOW | $13.3B | +21.7% | +24.1% | 13.7% | |
 MSFT | $281.7B | +17.9% | +14.5% | 45.6% |
PATH Historical Revenue Data (2020–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $1.61B | +12.7% | $1.34B | 83.2% | $61.0M | 3.8% |
| 2025 | $1.43B | +9.3% | $1.18B | 82.7% | $-162,569,000 | -11.4% |
| 2024 | $1.31B | +23.6% | $1.11B | 85.0% | $-164,720,000 | -12.6% |
| 2023 | $1.06B | +18.6% | $878.5M | 83.0% | $-348,283,000 | -32.9% |
| 2022 | $892.3M | +46.8% | $723.4M | 81.1% | $-500,946,000 | -56.1% |
| 2021 | $607.6M | +80.8% | $541.8M | 89.2% | $-110,323,000 | -18.2% |
| 2020 | $336.2M | - | $276.8M | 82.3% | $-517,283,000 | -153.9% |
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Start ComparisonPATH — Frequently Asked Questions
Quick answers to the most common questions about buying PATH stock.
Is PATH's revenue growth accelerating or slowing?
PATH maintains +13.6% revenue growth, in line with its 5-year CAGR of +21.5%. TTM revenue stands at $1.6B. Growth rate remains consistent with historical average.
What is PATH's long-term revenue growth rate?
UiPath Inc.'s 5-year revenue CAGR of +21.5% reflects the sustained expansion pattern. Current YoY growth of +13.6% is near this long-term average.
How is PATH's revenue distributed by segment?
PATH reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2026 are available for download. Segment mix reveals concentration and diversification trends.