UiPath Stock Climbs After Q2 Earnings Report: Here's Why

Financial Performance - UiPath reported quarterly earnings of 15 cents per share, exceeding the Street estimate of 8 cents [1] - Quarterly revenue reached $362 million, surpassing the analyst consensus estimate of $347.53 million and increasing from $316.25 million in the same quarter last year [1] Annual Recurring Revenue (ARR) - ARR grew 11% year-over-year to $1.723 billion, indicating improved execution and growing momentum in the company's capabilities [3] - Net new ARR was reported at $31 million [5] - The dollar-based net retention rate stood at 108% [5] Profitability Metrics - Non-GAAP gross margin was 84% [5] - Non-GAAP operating income amounted to $62 million [5] - Non-GAAP adjusted free cash flow was $45 million [5] Future Outlook - UiPath raised its fiscal 2026 revenue outlook to between $1.571 billion and $1.576 billion, compared to the previous estimate of $1.566 billion [4] Stock Performance - Following the earnings report, UiPath stock increased by 2.49%, reaching $11.12 in extended trading [4]