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# UIPATH Posts 13% Revenue Growth and Promotes Ramani to CFO
- URL: https://redfiled.com/uipath-posts-13-revenue-growth-and-promotes-ramani-to-cfo/
- Published: 2026-09-04T14:40:23.000Z
- Updated: 2026-09-04T15:34:56.000Z
- Description: Fiscal Q2 revenue of $410 million and ARR of $1.938 billion beat guidance as UiPath reshuffles its executive team and adds a board member.
- Author: William Hayes
- Tags: PATH, Earnings

**UiPath (PATH)** reported second quarter fiscal 2027 results on **September 3, 2026**, with revenue of **$410 million**, up **13 percent** year-over-year, and annualized renewal run-rate of **$1.938 billion**, up **12 percent**. Alongside the numbers, the company announced a reshuffle of its executive team and the appointment of a new director.

Net new ARR came in at **$37 million** and the dollar-based net retention rate was **109 percent**. GAAP gross margin was **80 percent** and non-GAAP gross margin **82 percent**, while GAAP operating income reached **$32 million** and non-GAAP operating income **$89 million**.

Cash flow from operations was **$31 million**, matching non-GAAP adjusted free cash flow. UiPath closed the quarter ended July 31, 2026 with **$1.405 billion** in cash, cash equivalents and marketable securities.

On the leadership front, **Hitesh Ramani has been promoted to Chief Financial Officer** from his prior role as Deputy CFO and Chief Accounting Officer since 2021\. **Ashim Gupta will focus exclusively on the Chief Operating Officer role**, concentrating on sales, demand generation and delivery, while Brad Brubaker becomes Chief Legal & Administrative Officer with added oversight of the People organization.

UiPath also appointed **Yazdi Bagli**, Executive Vice President of IT and Enterprise Business Services at Kaiser Permanente, to its Board of Directors. Bagli is currently on a leave of absence while pursuing a fellowship at Harvard University.

For the third quarter, UiPath guided to revenue of **$440 million to $445 million**, ARR of **$1.992 billion to $1.997 billion** and non-GAAP operating income of roughly **$100 million**. Full-year fiscal 2027 guidance calls for revenue of **$1.789 billion to $1.794 billion**, ARR of **$2.065 billion to $2.070 billion** and non-GAAP operating income of about **$445 million**.

COO Ashim Gupta said the company *exceeded guidance across all key financial metrics*. Founder and CEO Daniel Dines pointed to AI as expanding what enterprises can automate while *increasing the need for the orchestration, governance, and exactness that deterministic automation provides*.

During the quarter UiPath launched **Maestro Case**, an AI-native case management capability for exception-heavy processes such as investigations and approvals, and **Maestro Flow**, a developer-first orchestration canvas that lets builders design, run and govern an end-to-end process as a single artifact.

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This is a factual summary of a public filing or press release, not investment advice. Verify all figures against the source before acting on them.