UiPath Exceeds Guidance with 22% ARR Growth, Platform Momentum, and Expanding Profitability
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Strong Q4 results - Exceeded guidance on both revenue and profitability. ARR grew 22% year-over-year to $1.46 billion.
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Platform momentum - 65 of top 100 deals included AI-powered products like Document Understanding and Test Suite. Autopilot generative AI product seeing high customer interest.
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Improving profitability - GAAP profitable in Q4. Non-GAAP operating margin was 27% in Q4 and 18% for the full year, up over 1100 basis points.
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Partnerships driving deals - Momentum with SAP, Microsoft, and GSIs like Deloitte. Over 70% of deals touched by partners.
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Confident fiscal 2025 outlook - Guiding revenue of $1.56 billion at midpoint. Expecting over 100 basis points of non-GAAP operating margin expansion for the full year.