UiPath annual r&d spending
2020
2021
2022
2023
2024
2025
2026
UiPath R&D Spending Growth & History (PATH)
UiPath's r&d spending was $385.2M for fiscal 2026.
View full UiPath company overviewUiPath annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | $385.2M | $4.5M | +1.19% |
| 2025 | 2025-01-31 | $380.7M | $48.6M | +14.63% |
| 2024 | 2024-01-31 | $332.1M | $46.4M | +16.22% |
| 2023 | 2023-01-31 | $285.8M | $9.1M | +3.29% |
| 2022 | 2022-01-31 | $276.7M | $166.7M | +151.69% |
| 2021 | 2021-01-31 | $109.9M | −$21.1M | −16.13% |
| 2020 | 2020-01-31 | $131.1M | — | — |
UiPath quarterly r&d spending
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
Q2.27
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2027 | 2026-07-31 | $83.4M | −$14.9M | −15.20% |
| Q1 2027 | 2026-04-30 | $92.9M | −$1.9M | −2.04% |
| Q4 2026 | 2026-01-31 | $95.2M | −$4.5M | −4.53% |
| Q3 2026 | 2025-10-31 | $96.9M | −$107,000 | −0.11% |
| Q2 2026 | 2025-07-31 | $98.3M | −$92,000 | −0.09% |
| Q1 2026 | 2025-04-30 | $94.8M | $9.2M | +10.79% |
| Q4 2025 | 2025-01-31 | $99.7M | $14.0M | +16.38% |
| Q3 2025 | 2024-10-31 | $97.0M | $12.5M | +14.75% |
| Q2 2025 | 2024-07-31 | $98.4M | $11.8M | +13.66% |
| Q1 2025 | 2024-04-30 | $85.6M | $10.3M | +13.62% |
| Q4 2024 | 2024-01-31 | $85.6M | $3.8M | +4.60% |
| Q3 2024 | 2023-10-31 | $84.5M | $17.2M | +25.50% |
| Q2 2024 | 2023-07-31 | $86.6M | $18.8M | +27.65% |
| Q1 2024 | 2023-04-30 | $75.3M | $6.7M | +9.68% |
| Q4 2023 | 2023-01-31 | $81.9M | $17.5M | +27.10% |
| Q3 2023 | 2022-10-31 | $67.3M | $5.8M | +9.39% |
| Q2 2023 | 2022-07-31 | $67.8M | $10.2M | +17.70% |
| Q1 2023 | 2022-04-30 | $68.7M | −$24.4M | −26.17% |
| Q4 2022 | 2022-01-31 | $64.4M | $35.2M | +120.63% |
| Q3 2022 | 2021-10-31 | $61.6M | $34.1M | +124.21% |
| Q2 2022 | 2021-07-31 | $57.6M | $31.1M | +117.20% |
| Q1 2022 | 2021-04-30 | $93.0M | $66.3M | +248.09% |
| Q4 2021 | 2021-01-31 | $29.2M | — | — |
| Q3 2021 | 2020-10-31 | $27.5M | — | — |
| Q2 2021 | 2020-07-31 | $26.5M | — | — |
| Q1 2021 | 2020-04-30 | $26.7M | — | — |
UiPath r&d spending trends
Over the last five fiscal years, UiPath's r&d spending increased from $109.9M to $385.2M, a change of $275.3M. The latest reported quarter, Q2 2027, shows $83.4M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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