UiPath's first quarter 2027 revenue beat estimates with 17% growth, while Annual Recurring Revenue grew 12%.

UiPath reported first quarter fiscal 2027 revenue of $418 million, up 17% year-over-year, and non-GAAP EPS of $0.15. The results exceeded revenue expectations while meeting EPS forecasts. Notably, the company reached GAAP profitability for the first time in its history.

Key Highlights

• Annual Recurring Revenue (ARR) increased 12% year-over-year to $1.901 billion, with the company adding $49 million in net new ARR during the quarter.
• The company achieved its first-ever quarterly GAAP profitability, reporting GAAP operating income of $28 million, a significant improvement from a loss of $16.4 million in the prior year.
• Dollar-based net retention rate was 109%, indicating continued but modest expansion from the existing customer base.