UiPath reported strong financial results for Q1 fiscal 2025 ended April 30, 2024, with total revenue increasing 16% year-over-year to $335.1 million. The company's annualized renewal run-rate (ARR) grew 21% to $1.51 billion, driven by both new customer acquisition and existing customer expansion. Subscription services revenue showed particularly robust growth of 26% to $185.1 million, while license revenue rose 5% to $140.1 million.Operating loss narrowed to $49.5 million from $46.4 million in the prior year period, with gross margin at 83%. The company maintained strong cash generation with operating cash flow of $100 million, up from $67.3 million year-over-year. Cash, cash equivalents and marketable securities reached $1.94 billion as of quarter-end, reflecting solid financial position.Management highlighted continued momentum in AI-powered automation adoption and strategic expansion of the UiPath Business Automation Platform. The company also announced a $35.2 million investment in H.AI, a France-based AI company, demonstrating its commitment to advancing AI capabilities. Customer metrics remained strong with 288 customers contributing over $1 million in ARR, up from 240 year-over-year.

UiPath reported strong financial results for Q1 fiscal 2025 ended April 30, 2024, with total revenue increasing 16% year-over-year to $335.1 million. The company's annualized renewal run-rate (ARR) grew 21% to $1.51 billion, driven by both new customer acquisition and existing customer expansion. Subscription services revenue showed particularly robust growth of 26% to $185.1 million, while license revenue rose 5% to $140.1 million.Operating loss narrowed to $49.5 million from $46.4 million in the prior year period, with gross margin at 83%. The company maintained strong cash generation with operating cash flow of $100 million, up from $67.3 million year-over-year. Cash, cash equivalents and marketable securities reached $1.94 billion as of quarter-end, reflecting solid financial position.Management highlighted continued momentum in AI-powered automation adoption and strategic expansion of the UiPath Business Automation Platform. The company also announced a $35.2 million investment in H.AI, a France-based AI company, demonstrating its commitment to advancing AI capabilities. Customer metrics remained strong with 288 customers contributing over $1 million in ARR, up from 240 year-over-year.