By Katherine Hamilton
UiPath reported higher profit and revenue in the fiscal fourth quarter, as companies move toward deploying more artificial intelligence.
The automation and AI platform on Wednesday posted a profit of $104.5 million, or 19 cents a share, in the quarter ended Jan. 31, compared with $51.8 million, or 9 cents a share, a year earlier.
Stripping out certain one-time items, adjusted per-share earnings were 30 cents, ahead of the 26 cents anticipated by analysts, according to FactSet.
Revenue rose 14% to $481.1 million. Analysts surveyed by FactSet forecast revenue of $464.9 million.
Annual recurring revenue increased 11% to $1.85 billion.
AI adoption from enterprise customers is moving from experimentation to scaled deployment, Chief Executive Daniel Dines said.
UiPath also authorized a $500 million share-buyback program.
In fiscal 2027, the company expects revenue to be $1.75 billion to $1.76 billion, above the $1.74 billion analysts are projecting.
In the first quarter, it expects sales to be $395 million to $400 million, also ahead of the $393.8 million analyst forecast.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
March 11, 2026 16:44 ET (20:44 GMT)
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