UiPath, Inc.
PATHQ1 2023(PATH Q4 FY2023)Derived5% AI
AI Revenue %
5%
AI Fair Value
$171.4M
AI Revenue (Q)
$16.3M
Total Revenue (Q)
$325.9M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
UiPath reported total annual revenue of $1,058.6M for FY2023 (year ended January 31, 2023) in its 10-K. The 10-K business description defines AI, ML, NLP, OCR, and IDP in its terminology section, confirming AI as a component of the platform but not a separately reported revenue stream. The company operated as one reportable segment. Revenue consisted of Licenses, Subscription services, and Professional services -- none labeled as AI. At this stage, AI features (IDP, communications mining) were value-add features within the broader automation platform. Conservatively estimating ~$52.9M annual AI revenue / $1,058.6M total = ~5.0%. The 10-K provides no basis for a higher estimate.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $1,058,581 thousand for fiscal year 2023
Consolidated Statements of Operations, 10-K FY2023
Revenue from the U.S. represented 46% of our total revenues for fiscal year 2023
Notes, Revenue Recognition, 10-K FY2023
AI Products Identified (Ring 1)
IDP (Intelligent Document Processing)Re:infer Communications MiningML-powered OCRDocument 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 MiningTest Suite
Confidence Tier
DerivedCalculated from reported segments primarily serving AI