PATH
Uipath, INC
NYSE
DEF: UiPath Sets Date for 2025 Annual Stockholders Meeting, Outlines Key Proposals
Sentiment:
Proxy Statement
13 May 2025 4:57 PM
UiPath will hold its Annual Meeting of Stockholders virtually on June 26, 2025, to vote on director elections, executive compensation, and the ratification of KPMG LLP as the independent auditor.
Worse than expected
The company's gross margin decreased from 85% in fiscal year 2024 to 83% in fiscal year 2025.
The company's cash and cash equivalents, restricted cash, and marketable securities decreased from $1,880.3 million as of January 31, 2024 to $1,724.1 million as of January 31, 2025.
Summary
- UiPath, Inc. will hold its Annual Meeting of Stockholders on June 26, 2025, at 11:00 a.m. Eastern Time, as a virtual meeting.
- Stockholders of record as of April 29, 2025, are eligible to vote.
- The meeting will address the election of eight directors, an advisory vote on executive compensation, and the ratification of KPMG LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2026.
- The board recommends voting 'FOR' all director nominees, the say-on-pay proposal, and the ratification of KPMG.
- In fiscal year 2025, revenue was $1,429.7 million, a 9% increase year-over-year, and ARR was $1,666.1 million, a 14% increase year-over-year.
- The company's gross margin was 83% for fiscal year 2025, compared to 85% in fiscal year 2024.
- As of January 31, 2025, UiPath had $1,724.1 million in cash, cash equivalents, restricted cash, and marketable securities.
- The compensation committee approved payments for the fiscal year 2025, with Ashim Gupta receiving $245,100 and Brad Brubaker receiving $142,500.
- The company's CEO pay ratio is 7:1, with the CEO's total annual compensation at $1,075,713 and the median employee's at $163,396.
- The company's insider trading policy prohibits hedging, short sales, and pledging of UiPath stock.
Sentiment
Score: 6
Explanation: The document is primarily informational, outlining the agenda for the annual meeting and providing some financial performance data. While there is revenue and ARR growth, the decrease in gross margin and cash position temper the overall sentiment.
Positives
- UiPath experienced revenue growth of 9% year-over-year, reaching $1,429.7 million in fiscal year 2025.
- The company's ARR increased by 14% year-over-year, totaling $1,666.1 million in fiscal year 2025.
- UiPath maintains a strong cash position with $1,724.1 million in cash, cash equivalents, restricted cash, and marketable securities as of January 31, 2025.
- The company has a compensation committee consisting solely of independent members of the board of directors.
- UiPath prohibits hedging and pledging of UiPath stock.
Negatives
- The company's gross margin decreased from 85% in fiscal year 2024 to 83% in fiscal year 2025.
- The company's cash and cash equivalents, restricted cash, and marketable securities decreased from $1,880.3 million as of January 31, 2024 to $1,724.1 million as of January 31, 2025.
Risks
- The company's future performance is subject to various risks, including market conditions, competition, and the ability to execute its strategic plan.
- The company's compensation policies and programs could potentially encourage excessive risk-taking.
- The company's ability to attract and retain qualified executive officers is critical to its success.
Future Outlook
The document does not provide specific forward-looking statements or guidance beyond the routine business to be conducted at the annual meeting.
Industry Context
UiPath operates in the competitive Robotic Process Automation (RPA) and AI-powered automation market, facing competition from established players and emerging startups. The company's focus on AI and end-to-end automation platforms aligns with industry trends.
Comparison to Industry Standards
- UiPath's peer group includes companies like Appian, DocuSign, and MongoDB, which are also in the software and technology industry.
- These companies are used as benchmarks for executive compensation and financial performance.
- The document does not provide specific comparisons of UiPath's financial results to those of its peers.
Stakeholder Impact
- The outcome of the votes at the Annual Meeting will impact the composition of the board of directors and the company's executive compensation policies.
- The company's financial performance and strategic decisions will affect shareholders, employees, customers, and other stakeholders.
Next Steps
- Stockholders are encouraged to vote on the proposals outlined in the proxy statement.
- The company will hold its Annual Meeting of Stockholders on June 26, 2025.
- The board of directors and compensation committee will consider the outcome of the advisory vote on executive compensation when making future decisions.
Related Party Transactions
- Aharon Dines, the brother of Daniel Dines, our Chief Executive Officer, Co-Founder, and Chairman, is employed by UiPath SRL in customer service in a non-executive capacity and received $141,423 in salary for the fiscal year ended January 31, 2025, additional cash compensation of $40,926, and stock options with an aggregate grant date fair value of $23,034.
Key Dates
- 2025-04-29: Record date for the Annual Meeting
- 2025-05-13: Expected date of mailing the Notice of Internet Availability of Proxy Materials
- 2025-06-26: Date of the Annual Meeting of Stockholders
- 2026-01-31: Fiscal year ending date for which KPMG LLP is being considered as the independent registered public accounting firm
- 2026-01-13: Deadline for stockholder proposals to be considered for inclusion in next year's proxy materials
- 2026-02-26: Earliest date for submitting a proposal (including a director nomination) at the 2026 Annual Meeting
- 2026-03-28: Latest date for submitting a proposal (including a director nomination) at the 2026 Annual Meeting
Keywords
UiPath, Annual Meeting, Stockholders, Executive Compensation, Directors, KPMG, ARR, Revenue, Financial Performance, Proxy Statement, Virtual Meeting, Corporate Governance, Audit Committee, Compensation Committee, Risk Oversight, Equity Compensation, Stock Ownership, Insider Trading Policy, Related Transactions, Financials, Automation
PATH
Uipath, INC
NYSE
Sector: TBD
Filings with Classifications
Worse than expected
10 June 2025 5:28 PM
Insider Trading Report
- The sale of shares by a high-ranking executive and significant shareholder, even under a Rule 10b5-1 plan, is generally viewed as a negative signal by the market, as it reduces the insider's direct stake in the company.
Worse than expected
5 June 2025 4:13 PM
SEC Form 4
- The sale of shares by a key executive like the CEO, even if pre-planned, can be interpreted as a lack of confidence or a signal that the stock may not appreciate significantly in the near term, which is generally viewed as a negative indicator for investors.
Better than expected
29 May 2025 4:16 PM
Quarterly Report
- First quarter results exceeded the company's guidance on both the top line (revenue) and bottom line (non-GAAP operating income).
- Achieved significant year-over-year expansion in non-GAAP operating margin.
Worse than expected
13 May 2025 4:57 PM
Proxy Statement
- The company's gross margin decreased from 85% in fiscal year 2024 to 83% in fiscal year 2025.
- The company's cash and cash equivalents, restricted cash, and marketable securities decreased from $1,880.3 million as of January 31, 2024 to $1,724.1 million as of January 31, 2025.
Worse than expected
24 March 2025 5:27 PM
Annual Report on Form 10-K
- Revenue growth slowed to 9% compared to prior periods.
- Gross margin decreased from 85% to 83%.
Delay expected
12 March 2025 4:23 PM
Earnings Release
- The restructuring costs are now expected to be incurred by the end of the second quarter of fiscal year 2026, extending the original timeline.
Worse than expected
12 March 2025 4:23 PM
Earnings Release
- The financial outlook for fiscal year 2026 reflects increasing global macro economic uncertainty, particularly in the U.S. public sector, resulting in lower revenue and ARR projections than previously anticipated.
Worse than expected
6 December 2024 7:13 PM
Quarterly Report
- The company's gross margin decreased to 82% for the quarter, down from 85% in the same quarter of the previous year.
- The company reported a net loss of $10.7 million for the quarter and $125.5 million year-to-date.
- Interest income decreased by 31% for the quarter due to lower cash balances and decreased interest rates.
Capital raise
6 December 2024 7:13 PM
Quarterly Report
- The company may be required to seek additional equity or debt financing in the future.
Better than expected
5 December 2024 4:14 PM
Quarterly Report
- The company's third quarter results exceeded expectations, reflecting improved execution and customer response to their new vision.
Worse than expected
6 September 2024 5:13 PM
Quarterly Report
- The company's gross margin decreased from 83% to 80% due to increased costs in subscription services.
- The operating loss increased from $77.6 million to $103.3 million year-over-year.
- License revenue decreased by 6% year-over-year.
Better than expected
5 September 2024 4:17 PM
Quarterly Report
- The company's ARR growth of 19% year-over-year exceeded expectations.
- The company's non-GAAP adjusted free cash flow of $49 million was better than anticipated.
- The company raised its full year profitability guidance.
Worse than expected
29 May 2024 4:25 PM
Executive Change Announcement
- The unexpected resignation of the CEO is generally viewed negatively by the market.
Worse than expected
29 May 2024 4:18 PM
Quarterly Report
- The company has lowered its full year revenue and operating margin guidance due to increased deal scrutiny and lengthening sales cycles.
Worse than expected
9 May 2024 5:00 PM
Proxy Statement
- The company did not achieve 100% of its iARR target for fiscal year 2024, achieving 82% of the target.
Worse than expected
27 March 2024 5:26 PM
Annual Results
- Despite revenue growth, the company reported a net loss for the year, indicating that profitability is still a challenge.
Better than expected
13 March 2024 4:17 PM
Quarterly Report
- The company achieved its first quarter of GAAP profitability as a public company, which is better than expected.
- The company's revenue and ARR growth exceeded expectations.
Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.