NEW YORK, August 31, 2026, 00:08 (EDT)
- UiPath ended Friday at $18.15, falling 0.98%, with 53.13 million shares traded.
- Short interest makes up 29.27% of the public float, adding to earnings volatility.
- Management forecasted fiscal second-quarter ARR between $1.929 billion and $1.934 billion.
- Results will be released following the September 3 market close, with a call set for 5:00 p.m. EDT.
UiPath Inc. (NYSE: PATH) heads into earnings week with a high level of short interest and expectations for a strong rebound priced into the stock. Shares have advanced 39.08% in the past month.
PATH dropped 0.98% on Friday, closing at $18.15. Trading volume totaled 53.13 million shares, representing 79% of its 65-day average, based on MarketWatch data updated August 28.
The key figure is 117.88 million shares that have been sold short, representing 29.27% of UiPath’s public float of 402.77 million shares.
This setup can intensify either result. A strong beat might trigger covering, whereas sluggish recurring-revenue growth could rapidly unwind the recent rally.
UiPath is set to announce its fiscal second-quarter results following Thursday’s market close. The earnings call is scheduled for September 3 at 5:00 p.m. EDT.
| Investor test | Latest actual | Next benchmark |
|---|---|---|
| Revenue | Q1 FY2027: $418 million, up 17% | Q2 forecast: $395 million–$400 million |
| Annual recurring revenue | Q1: $1.901 billion, rise of 12% | Q2 outlook: $1.929 billion–$1.934 billion |
| Operating profit | Q1 GAAP: $28 million | Q2 non-GAAP forecast: about $75 million |
| Cash generation | Q1 adjusted FCF: $130 million | Conversion and full-year sustainability |
The revenue guidance midpoint stands at $397.5 million, indicating a 4.9% sequential drop from the first quarter, even after a 17% year-on-year increase in the previous period.
ARR remains a key focus. The $1.9315 billion midpoint implies sequential net additions of approximately $30.5 million, a figure that falls short of the $49 million added in the first quarter.
UiPath posted a first-quarter GAAP operating profit for the first time in this period. The company generated $132 million in cash from operations, with cash and marketable securities totaling $1.42 billion company results.
With a market capitalization of $9.4 billion on Friday, cash accounts for approximately 15% of the company’s equity value. The resulting enterprise value is around 4.1 times the midpoint of second-quarter ARR.
The company projects full-year revenue between $1.776 billion and $1.781 billion, along with approximately $430 million in non-GAAP operating income. The upcoming earnings report needs to demonstrate that agentic products are capable of helping to meet these goals.
Recent customer evidence is tangible; however, it does not yet include financial disclosure. Banco Azteca has implemented upwards of 300 production automations spanning more than 8,800 processes, representing the work of over 3,300 full-time employees UiPath case study.
Investors are set to monitor the investor day on September 22. The event offers UiPath a further chance to link Maestro, coding-agent orchestration, and enterprise adoption to demonstrable ARR increases.
Risks. Net retention stood at 109% last quarter, which gives little margin for operational errors. Elevated short interest, a beta of 1.86, and a 39% surge in the stock over the past month could increase swings in either direction.
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