UiPath, Inc.
PATH · Services-Prepackaged Software · 563.9M shares · +39%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$269M (gross $103M, SBC $372M)
Reference price $15.01 · est. market cap ~$8.5B — last insider sale, 2026-01-26 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B72Automation (RPA) software platform — profitable with strong free cash flow.
Strengths
- Profitable with strong FCF — net margin 18% (79th), ROA 9% (82nd), FCF $352M (70th), FCF margin 22%
- Elite gross margin — 83% (89th)
Risks
- Decelerating growth — +13%
- Net margin flattered by one-time items — per metrics
- AI-disruption-to-RPA risk — per 10-K
Notable findings
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Chronic dilutionShare count +39%/yr over 4y (dilution, book value/share -71%)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $1.7B cash & investments
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, CITADEL ADVISORS LLC, GOLDMAN SACHS GROUP INC +2 more (as of 2026-03-31)
- Revenue declineRevenue -13.0% YoY
- Insider sellingInsider selling — 15 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, ~$11M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
83.2%
Operating margin
3.5%
Net margin
17.5%
Return on equity
13.6%
Return on assets
8.9%
Revenue growth (QoQ)
-13.0%
Current ratio
2.5×
Free cash flow
$352M
EBITDA
$74M
Tangible book value
$1.9B
Cash & investments
$1.7B
Stock comp / revenue
18.0%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-01 | Malpani Raghavendra | Tax withheld | 8.4K | $11.10 |
| 2026-04-01 | Malpani Raghavendra | Tax withheld | 26K | $11.10 |
| 2026-04-01 | Malpani Raghavendra | Grant | 159K | — |
| 2026-04-01 | Gupta Ashim | Tax withheld | 49K | $11.10 |
| 2026-04-01 | Gupta Ashim | Tax withheld | 31K | $11.10 |
| 2026-04-01 | Gupta Ashim | Grant | 307K | — |
| 2026-04-01 | Ramani Hitesh | Tax withheld | 5.3K | $11.10 |
| 2026-04-01 | Ramani Hitesh | Tax withheld | 18K | $11.10 |
| 2026-04-01 | Ramani Hitesh | Grant | 123K | — |
| 2026-04-01 | Brubaker Brad | Tax withheld | 25K | $11.10 |
| 2026-04-01 | Brubaker Brad | Tax withheld | 30K | $11.10 |
| 2026-04-01 | Brubaker Brad | Grant | 157K | — |
| 2026-03-16 | Dines Daniel | Other | 9.6M | — |
| 2026-03-16 | Dines Daniel | Other | 9.6M | — |
| 2026-03-16 | Dines Daniel | Other | 9.6M | — |
| 2026-02-25 | Brubaker Brad | Grant | 146K | — |
| 2026-02-25 | Gupta Ashim | Grant | 288K | — |
| 2026-02-25 | Ramani Hitesh | Grant | 31K | — |
| 2026-01-26 | Dines Daniel | Sell | 45K | $15.01 |
| 2026-01-23 | Dines Daniel | Sell | 45K | $15.23 |
| 2026-01-22 | Dines Daniel | Sell | 45K | $15.02 |
| 2026-01-15 | Dines Daniel | Sell | 45K | $15.38 |
| 2026-01-14 | Dines Daniel | Sell | 45K | $15.68 |
| 2026-01-13 | Dines Daniel | Sell | 45K | $17.18 |
| 2026-01-12 | Dines Daniel | Sell | 45K | $16.61 |
| 2026-01-09 | Dines Daniel | Sell | 45K | $17.17 |
| 2026-01-08 | Dines Daniel | Sell | 45K | $17.49 |
| 2026-01-07 | Dines Daniel | Sell | 45K | $17.32 |
| 2026-01-06 | Dines Daniel | Sell | 45K | $15.99 |
| 2026-01-05 | Dines Daniel | Sell | 45K | $15.73 |
| 2026-01-05 | Gupta Ashim | Sell | 67K | $16.10 |
| 2026-01-02 | Dines Daniel | Sell | 45K | $16.38 |
| 2026-01-02 | Gupta Ashim | Tax withheld | 72K | $16.39 |
| 2026-01-02 | Ramani Hitesh | Tax withheld | 25K | $16.39 |
| 2026-01-02 | Brubaker Brad | Tax withheld | 35K | $16.39 |
| 2025-12-31 | Dines Daniel | Sell | 45K | $16.55 |
| 2025-12-30 | Dines Daniel | Sell | 45K | $16.82 |
| 2025-12-29 | Dines Daniel | Sell | 45K | $16.44 |
| 2025-12-26 | Dines Daniel | Sell | 45K | $16.90 |
| 2025-12-24 | Dines Daniel | Sell | 45K | $16.91 |
| 2025-12-23 | Dines Daniel | Sell | 45K | $16.49 |
| 2025-12-22 | Dines Daniel | Sell | 45K | $16.49 |
| 2025-12-19 | Dines Daniel | Sell | 45K | $16.07 |
| 2025-12-19 | Dines Daniel | Other | 0 | — |
| 2025-12-18 | Dines Daniel | Sell | 45K | $16.23 |
| 2025-12-18 | Dines Daniel | Other | 0 | — |
| 2025-12-17 | Dines Daniel | Sell | 45K | $16.11 |
| 2025-12-16 | Dines Daniel | Sell | 45K | $16.26 |
| 2025-12-15 | Dines Daniel | Sell | 45K | $17.30 |
| 2025-12-15 | Dines Daniel | Conversion | 9.6M | — |
| 2025-12-12 | Dines Daniel | Sell | 45K | $17.91 |
| 2025-12-11 | Dines Daniel | Sell | 45K | $18.56 |
| 2025-12-10 | Dines Daniel | Sell | 45K | $18.61 |
| 2025-12-09 | Dines Daniel | Sell | 45K | $19.13 |
| 2025-12-08 | Dines Daniel | Sell | 45K | $19.21 |
| 2025-12-05 | Dines Daniel | Sell | 45K | $18.20 |
| 2025-12-05 | Brubaker Brad | Sell | 28K | $18.55 |
| 2025-11-05 | Dines Daniel | Sell | 45K | $15.07 |
| 2025-11-04 | Dines Daniel | Sell | 45K | $15.02 |
| 2025-11-03 | Dines Daniel | Sell | 45K | $16.23 |
| 2025-10-31 | Dines Daniel | Sell | 45K | $15.72 |
| 2025-10-30 | Dines Daniel | Sell | 45K | $15.73 |
| 2025-10-29 | Dines Daniel | Sell | 45K | $16.29 |
| 2025-10-28 | Dines Daniel | Sell | 45K | $17.16 |
| 2025-10-27 | Dines Daniel | Sell | 45K | $16.73 |
| 2025-10-24 | Dines Daniel | Sell | 45K | $15.46 |
| 2025-10-23 | Dines Daniel | Sell | 45K | $15.19 |
| 2025-10-22 | Ramani Hitesh | Sell | 5.0K | $15.47 |
| 2025-10-22 | Dines Daniel | Sell | 45K | $15.53 |
| 2025-10-22 | Ramani Hitesh | Sell | 5.0K | $15.47 |
| 2025-10-21 | Dines Daniel | Sell | 45K | $15.57 |
| 2025-10-21 | Ramani Hitesh | Sell | 10K | $15.68 |
| 2025-10-20 | Ramani Hitesh | Sell | 10K | $15.65 |
| 2025-10-20 | Dines Daniel | Sell | 45K | $15.71 |
| 2025-10-17 | Ramani Hitesh | Sell | 10K | $15.73 |
| 2025-10-17 | Dines Daniel | Sell | 45K | $15.62 |
| 2025-10-16 | Dines Daniel | Sell | 123K | $17.21 |
| 2025-10-16 | Ramani Hitesh | Sell | 8.3K | $16.22 |
| 2025-10-16 | Ramani Hitesh | Sell | 1.7K | $16.99 |
| 2025-10-15 | Ramani Hitesh | Sell | 10K | $16.68 |
| 2025-10-15 | Dines Daniel | Sell | 123K | $16.92 |
| 2025-10-15 | Brubaker Brad | Sell | 28K | $16.68 |
| 2025-10-14 | Ramani Hitesh | Sell | 10K | $16.54 |
| 2025-10-14 | Dines Daniel | Sell | 123K | $16.33 |
| 2025-10-13 | Dines Daniel | Sell | 123K | $17.06 |
| 2025-10-13 | Ramani Hitesh | Sell | 10K | $17.01 |
| 2025-10-10 | Dines Daniel | Sell | 123K | $18.37 |
| 2025-10-09 | Gupta Ashim | Sell | 27K | $18.53 |
| 2025-10-09 | Gupta Ashim | Option exercise | 148K | $0.75 |
| 2025-10-09 | Gupta Ashim | Sell | 182K | $17.01 |
| 2025-10-09 | Gupta Ashim | Sell | 32K | $17.74 |
| 2025-10-09 | Dines Daniel | Sell | 123K | $16.57 |
| 2025-10-08 | Dines Daniel | Sell | 123K | $14.89 |
| 2025-10-07 | Dines Daniel | Sell | 123K | $14.99 |
| 2025-10-06 | Dines Daniel | Sell | 123K | $14.24 |
| 2025-10-06 | Brubaker Brad | Sell | 67K | $15.00 |
| 2025-10-03 | Dines Daniel | Sell | 123K | $13.01 |
| 2025-10-02 | Dines Daniel | Sell | 123K | $12.84 |
| 2025-10-01 | Gupta Ashim | Tax withheld | 71K | $13.38 |
| 2025-10-01 | Dines Daniel | Sell | 123K | $13.33 |
| 2025-10-01 | Ramani Hitesh | Tax withheld | 26K | $13.38 |
| 2025-10-01 | Brubaker Brad | Tax withheld | 34K | $13.38 |
| 2025-09-30 | Brubaker Brad | Sell | 16K | $15.00 |
| 2025-09-30 | Dines Daniel | Sell | 123K | $14.81 |
| 2025-09-29 | Dines Daniel | Sell | 123K | $12.33 |
| 2025-09-26 | Dines Daniel | Sell | 123K | $12.08 |
| 2025-09-25 | Dines Daniel | Sell | 123K | $12.02 |
| 2025-09-24 | Dines Daniel | Sell | 123K | $12.44 |
| 2025-09-23 | Dines Daniel | Sell | 123K | $12.96 |
| 2025-09-22 | Dines Daniel | Sell | 123K | $12.20 |
| 2025-09-19 | Dines Daniel | Sell | 123K | $11.92 |
| 2025-09-18 | Dines Daniel | Sell | 123K | $11.93 |
| 2025-09-17 | Dines Daniel | Sell | 123K | $11.71 |
| 2025-09-10 | Dines Daniel | Sell | 45K | $12.01 |
| 2025-09-05 | Dines Daniel | Conversion | 3.1M | — |
| 2025-09-05 | Dines Daniel | Other | 5.0M | — |
| 2025-09-05 | Dines Daniel | Other | 5.0M | — |
| 2025-07-31 | Dines Daniel | Sell | 10.0K | $12.00 |
| 2025-07-30 | Dines Daniel | Sell | 45K | $12.06 |
| 2025-07-29 | Dines Daniel | Sell | 45K | $12.20 |
| 2025-07-28 | Dines Daniel | Sell | 45K | $12.16 |
| 2025-07-25 | Dines Daniel | Sell | 45K | $12.25 |
| 2025-07-24 | Dines Daniel | Sell | 45K | $12.55 |
| 2025-07-23 | Dines Daniel | Sell | 45K | $12.56 |
| 2025-07-22 | Dines Daniel | Sell | 45K | $12.47 |
| 2025-07-21 | Dines Daniel | Sell | 45K | $12.72 |
| 2025-07-18 | Dines Daniel | Sell | 45K | $12.38 |
| 2025-07-17 | Dines Daniel | Sell | 45K | $12.45 |
| 2025-07-16 | Dines Daniel | Sell | 45K | $12.43 |
| 2025-07-15 | Dines Daniel | Sell | 45K | $12.50 |
| 2025-07-14 | Dines Daniel | Sell | 45K | $12.44 |
| 2025-07-11 | Dines Daniel | Sell | 45K | $12.71 |
| 2025-07-10 | Dines Daniel | Sell | 45K | $13.06 |
| 2025-07-09 | Dines Daniel | Sell | 45K | $13.17 |
| 2025-07-08 | Dines Daniel | Sell | 45K | $13.21 |
| 2025-07-07 | Dines Daniel | Sell | 45K | $13.11 |
| 2025-07-03 | Dines Daniel | Sell | 45K | $13.01 |
| 2025-07-02 | Dines Daniel | Sell | 45K | $12.54 |
| 2025-07-02 | Gupta Ashim | Sell | 56K | $12.72 |
| 2025-07-01 | Ramani Hitesh | Tax withheld | 26K | $12.80 |
| 2025-07-01 | Dines Daniel | Sell | 45K | $12.84 |
| 2025-07-01 | Brubaker Brad | Tax withheld | 34K | $12.80 |
| 2025-07-01 | Gupta Ashim | Tax withheld | 71K | $12.80 |
| 2025-06-30 | Dines Daniel | Sell | 45K | $12.78 |
| 2025-06-27 | Dines Daniel | Sell | 45K | $12.78 |
| 2025-06-26 | Botteri Philippe | Grant | 16K | — |
| 2025-06-26 | Terrell Karenann K | Grant | 16K | — |
| 2025-06-26 | Yang June | Grant | 16K | — |
| 2025-06-26 | Somasegar Sivaramakichenane | Grant | 16K | — |
| 2025-06-26 | Springer Daniel D. | Grant | 16K | — |
| 2025-06-26 | Gordon Michael Lawrence | Grant | 16K | — |
| 2025-06-26 | Wong Rich | Grant | 16K | — |
| 2025-06-26 | Dines Daniel | Sell | 45K | $12.38 |
| 2025-06-25 | Dines Daniel | Sell | 45K | $12.55 |
| 2025-06-24 | Dines Daniel | Sell | 45K | $12.49 |
| 2025-06-23 | Dines Daniel | Sell | 45K | $12.10 |
| 2025-06-20 | Dines Daniel | Sell | 45K | $12.35 |
| 2025-06-18 | Dines Daniel | Sell | 45K | $12.34 |
| 2025-06-17 | Dines Daniel | Sell | 45K | $12.41 |
| 2025-06-16 | Dines Daniel | Sell | 45K | $12.24 |
| 2025-06-13 | Dines Daniel | Sell | 45K | $12.40 |
| 2025-06-12 | Dines Daniel | Sell | 45K | $12.85 |
| 2025-06-11 | Dines Daniel | Sell | 45K | $13.05 |
| 2025-06-10 | Dines Daniel | Sell | 45K | $13.19 |
| 2025-06-09 | Dines Daniel | Sell | 45K | $13.08 |
| 2025-06-06 | Dines Daniel | Sell | 45K | $13.11 |
| 2025-06-05 | Dines Daniel | Sell | 45K | $13.17 |
| 2025-06-04 | Dines Daniel | Sell | 45K | $12.94 |
| 2025-06-03 | Dines Daniel | Sell | 45K | $12.61 |
| 2025-06-02 | Dines Daniel | Sell | 45K | $13.31 |
| 2025-05-14 | Dines Daniel | Sell | 45K | $13.18 |
| 2025-05-13 | Dines Daniel | Sell | 45K | $13.12 |
| 2025-05-12 | Dines Daniel | Sell | 45K | $12.83 |
| 2025-05-09 | Dines Daniel | Sell | 45K | $12.51 |
| 2025-05-08 | Dines Daniel | Sell | 45K | $12.16 |
| 2025-05-07 | Dines Daniel | Sell | 45K | $12.03 |
| 2025-05-06 | Dines Daniel | Sell | 15K | $12.01 |
| 2025-05-05 | Dines Daniel | Sell | 25K | $12.03 |
| 2025-05-02 | Dines Daniel | Sell | 45K | $12.02 |
| 2025-05-01 | Gupta Ashim | Sell | 99K | $12.01 |
| 2025-05-01 | Gupta Ashim | Sell | 505 | $12.00 |
| 2025-05-01 | Dines Daniel | Sell | 45K | $12.01 |
| 2025-04-03 | Ramani Hitesh | Sell | 12K | $10.19 |
| 2025-04-01 | Ramani Hitesh | Tax withheld | 23K | $10.30 |
| 2025-04-01 | Brubaker Brad | Tax withheld | 28K | $10.30 |
| 2025-04-01 | Gupta Ashim | Tax withheld | 59K | $10.30 |
| 2025-03-14 | Brubaker Brad | Grant | 146K | — |
| 2025-03-14 | Gupta Ashim | Grant | 288K | — |
| 2025-03-14 | Ramani Hitesh | Grant | 93K | — |
| 2025-03-13 | Dines Daniel | Conversion | 5.0M | — |
| 2025-02-25 | Ramani Hitesh | Sell | 12K | $12.68 |
| 2025-01-03 | Gupta Ashim | Sell | 47K | $13.06 |
| 2025-01-03 | Ramani Hitesh | Sell | 25K | $13.05 |
| 2025-01-02 | Brubaker Brad | Tax withheld | 42K | $12.71 |
| 2025-01-02 | Ramani Hitesh | Tax withheld | 37K | $12.71 |
| 2025-01-02 | Gupta Ashim | Tax withheld | 95K | $12.71 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-28 | ResultsOtherExhibits | filing ↗ |
| 2026-03-25 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-03-11 | ResultsOtherExhibits | filing ↗ |
| 2025-12-03 | Results | filing ↗ |
| 2025-09-04 | ResultsOtherExhibits | filing ↗ |
| 2025-06-30 | Shareholder vote | filing ↗ |
| 2025-05-29 | ResultsExhibits | filing ↗ |
| 2025-05-08 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-06-04 | 2026-04-30 | 0001734722-26-000041 ↗ |
| 8-K | 2026-05-28 | 2026-05-28 | 0001734722-26-000037 ↗ |
| 10-K | 2026-03-25 | 2026-01-31 | 0001734722-26-000012 ↗ |
| 8-K | 2026-03-25 | 2026-03-24 | 0001734722-26-000015 ↗ |
| 8-K | 2026-03-11 | 2026-03-05 | 0001734722-26-000007 ↗ |
| 10-Q | 2025-12-08 | 2025-10-31 | 0001734722-25-000050 ↗ |
| 8-K | 2025-12-03 | 2025-12-03 | 0001734722-25-000046 ↗ |
| 10-Q | 2025-09-08 | 2025-07-31 | 0001734722-25-000043 ↗ |
| 8-K | 2025-09-04 | 2025-09-04 | 0001734722-25-000038 ↗ |
| 8-K | 2025-06-30 | 2025-06-26 | 0001734722-25-000032 ↗ |
| 10-Q | 2025-06-03 | 2025-04-30 | 0001734722-25-000030 ↗ |
| 8-K | 2025-05-29 | 2025-05-29 | 0001734722-25-000026 ↗ |