UiPath, Inc.

UiPath reported total revenue of $411.1M for Q3 FY2026 (three months ended October 31, 2025), a 15.9% increase YoY and the strongest quarterly revenue in the company's history. Subscription services revenue reached $247.6M (60.2% of total), growing 19.6% YoY. License revenue was $150.0M, up 9.4% YoY. The company reported net income of $198.8M, largely driven by a $174.2M tax benefit (deferred tax asset recognition), but the underlying operating income was $13.1M -- the first quarterly operating profit. Nine-month revenue was $1,129.5M. The growing subscription revenue mix and continued AI feature expansion (agentic automation, Autopilot, IDP enhancements) support a modestly higher AI attribution. Conversion of 3,147 Class B shares to Class A by founder Daniel Dines. Increasing to 13.0%. ~$53.4M AI revenue / $411.1M total = ~13.0%.