UiPath (PATH) Surges on Q4 Profitability and Revenue Growth

UiPath Inc achieved GAAP profitability in Q4 fiscal 2024 with a 31% surge in revenue, reaching $405 million, and a 22% increase in Annual Recurring Revenue (ARR) to $1.464 billion. The company also reported a net income of $33.9 million, marking its first quarter of GAAP profitability as a public company. With strong cash flow, a robust balance sheet, and key financial metrics indicating customer retention and cost management, UiPath's financial performance reflects its operational efficiency and growth in the enterprise automation and AI software industry.