UiPath Q4 revenue $308.5M (+7% YoY), ARR $1.2B (+30%); CBO Weber departs

UiPath, Inc.

2023-FY EPS reported -$0.60 revenue$1,058,581,000

Q4 FY2023: Revenue $308.5M (+7% YoY), ARR $1.204B (+30% YoY), net new ARR $93.8M.
Full FY2023 revenue $1.059B (+19% YoY); GAAP operating loss $(348.3)M, non-GAAP operating income $65.2M.
FY2024 guidance: Q1 revenue $270-272M; full year revenue $1.253-1.258B, non-GAAP op income ~$120M, ARR $1.425-1.430B.
Chris Weber stepping down as CBO; Robert Enslin (Co-CEO) assumes go-to-market leadership; Weber receives $250K and accelerated vesting of 76K RSUs.
Record Q4 non-GAAP operating margin; positive non-GAAP adjusted free cash flow of $101.2M for Q4, $49K for FY.

item 2.02 item 9.01 item 5.02

Executive movements

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Departed

Chris Weber

Chief Business Officer

PATH · UiPath, Inc.

Filed: March 15, 2023, 7:59 PM ET

On March 15, 2023 , the Company announced that Chris Weber is stepping down as the Company’s Chief Business Officer.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

UiPath, Inc. reported full year fiscal 2023 ended January 31, 2023 results: revenue $1.059 billion.

Period: full year fiscal 2023 ended January 31, 2023
Revenue: $1.059 billion
Result: reported results

Exact text from the filing

Full Year Fiscal 2023 Financial Highlights • Revenue of $1.059 billion increased 19 percent year-over-year.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

UiPath, Inc. reported fiscal full year 2024 results: revenue $1.253 billion to $1.258 billion. Guidance initiated.

Period: fiscal full year 2024
Revenue: $1.253 billion to $1.258 billion
Guidance: initiated
Result: guidance update

Exact text from the filing

For the fiscal full year 2024, UiPath expects: • Revenue in the range of $1.253 billion to $1.258 billion

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

UiPath, Inc. reported fourth quarter fiscal 2023 ended January 31, 2023 results: revenue $308.5 million.

Period: fourth quarter fiscal 2023 ended January 31, 2023
Revenue: $308.5 million
Result: reported results

Exact text from the filing

Fourth Quarter Fiscal 2023 Financial Highlights • Revenue of $308.5 million increased 7 percent year-over-year.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

UiPath, Inc. reported first quarter fiscal 2024 results: revenue $270 million to $272 million. Guidance initiated.

Period: first quarter fiscal 2024
Revenue: $270 million to $272 million
Guidance: initiated
Result: guidance update

Exact text from the filing

For the first quarter fiscal 2024, UiPath expects: • Revenue in the range of $270 million to $272 million

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Chris Weber departed as Chief Business Officer at UiPath, Inc..

Action: stepping down
Role: Chief Business Officer

Exact text from the filing

On March 15, 2023 , the Company announced that Chris Weber is stepping down as the Company’s Chief Business Officer.

View on SEC.gov

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UiPath, Inc. filing history →

Source: SEC EDGAR

accession 0001734722-23-000011

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