canar.ai
Rankings/PATH/Q2 2024 Analysis

UiPath, Inc.

PATH
Q2 2024(PATH Q1 FY2025)Derived9% AI
AI Revenue %
9%
AI Fair Value
$375.7M
AI Revenue (Q)
$81.3M
Total Revenue (Q)
$902.8M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

UiPath reported total revenue of $335.1M for Q1 FY2025 (three months ended April 30, 2024). The filing references the CEO transition (Robert Enslin as sole CEO effective Feb 1, 2024) and increasing emphasis on 'new, potentially disruptive technologies' in the competitive landscape. Subscription services revenue was $185.1M (55.2% of total), growing 26.5% YoY. The company was accelerating AI integration across its platform, including Autopilot for developers and business users, Clipboard AI, and enhanced IDP. However, no AI-specific revenue is disclosed. Estimate increasing to 9.0% as AI features become more integral to new subscription deals. ~$30.2M AI revenue / $335.1M total = ~9.0%.
Analyzed by claude-opus-4-6

Quoted Figures

Revenue: Licenses $140,128; Subscription services $185,131; Professional services and other $9,853; Total revenue $335,112 thousand
Condensed Consolidated Statements of Operations, Q1 FY2025
our ability to compete effectively with existing competitors and new market entrants, including new, potentially disruptive technologies
Forward-Looking Statements, 10-Q Q1 FY2025

AI Products Identified (Ring 1)

IDP (Intelligent Document Processing)Communications MiningDocument UnderstandingAutopilotClipboard AIGenerative AI features

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

UiPath Studio (RPA development)UiPath OrchestratorUiPath RobotsProcess MiningTask MiningIntegration Service

Confidence Tier

DerivedCalculated from reported segments primarily serving AI