UiPath Posts Fourth Straight Quarter of GAAP Profitability as ARR Tops $1.9 Billion

UiPath reported second-quarter fiscal 2027 results on September 3, 2026, with revenue of $410.26 million beating the $397.77 million analyst estimate, and earnings per share of $0.15 in line with consensus. The results extended a rally that had already pushed UiPath shares up roughly 40% over the preceding month heading into the report.

The Profitability Milestone

UiPath posted its fourth consecutive quarter of GAAP profitability, with $32 million in operating income — a meaningful maturity marker for a company that, like much of the RPA and automation software category, spent years prioritizing growth over near-term profitability. Four consecutive profitable quarters is a genuine trend rather than a single favorable quarter.

ARR and Guidance Details

• Annual recurring revenue reached $1.938 billion, up 12% year-over-year
• Net new ARR accelerated to $37 million for the quarter, up from $31 million the prior quarter — a positive inflection in new-business momentum specifically, not just overall ARR growth
• Third-quarter fiscal 2027 revenue guidance: $440-445 million versus a $441.2 million consensus; full-year fiscal 2027 revenue guidance of approximately $1.79 billion, in line with consensus

What This Means If You're Evaluating Automation Platforms

The accelerating net-new ARR figure, alongside sustained GAAP profitability, is a useful pairing to look for when evaluating any automation or RPA vendor's financial stability: growth alone doesn't tell you whether a vendor can sustain investment in the product long-term, and profitability alone doesn't tell you whether new-business momentum is actually improving. UiPath showing both together this quarter is a stronger combined signal than either metric would be in isolation.