Financial Outlook
For the second quarter fiscal 2024, UiPath expects:
- Revenue in the range of $279 million to $284 million
- ARR in the range of $1.301 billion to $1.306 billion as of July 31, 2023
- Non-GAAP operating income of approximately $10 million
For the full year fiscal 2024, UiPath expects:
- Revenue in the range of $1.267 billion to $1.272 billion
- ARR in the range of $1.427 billion to $1.432 billion as of January 31, 2024
- Non-GAAP operating income of approximately $168 million
Reconciliation of non-GAAP operating income guidance to the most directly comparable GAAP measure is not available without unreasonable efforts on a forward-looking basis due to the high variability, complexity and low visibility with respect to the charges excluded from this non-GAAP measure; in particular, the effects of stock-based compensation expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in our stock price. We expect the variability of the above charges to have a significant, and potentially unpredictable, impact on our future GAAP financial results.
