UiPath, Inc.
PATHQ3 2023(PATH Q2 FY2024)Derived6% AI
AI Revenue %
6%
AI Fair Value
$205.3M
AI Revenue (Q)
$20.1M
Total Revenue (Q)
$335.1M
Source: SEC EDGAR SEC Filing Filing
View SEC Filing on SEC.govAnalysis
UiPath reported total revenue of $287.3M for Q2 FY2024 (three months ended July 31, 2023). Subscription services revenue grew to $160.0M (55.7% of total). The filing narrative continues to reference AI as embedded in the platform but provides no AI-specific revenue breakout. The company's forward-looking statements now reference 'AI-powered automation' as a market opportunity. However, no dollar figure is attached to AI revenue. Maintaining 6.0% estimate. ~$17.2M AI revenue / $287.3M total = ~6.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue: Licenses $119,300; Subscription services $159,999; Professional services and other $8,011; Total revenue $287,310 thousand
Condensed Consolidated Statements of Operations, Q2 FY2024
AI Products Identified (Ring 1)
IDP (Intelligent Document Processing)Communications MiningDocument Understanding
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 Mining
Confidence Tier
DerivedCalculated from reported segments primarily serving AI