UiPath Inc. (NYSE:PATH) Mizuho Technology Conference 2025 Call June 11, 2025 2:05 PM ET
Company Participants
Ashim Gupta – CFO & COO
Conference Call Participants
Sitikantha Panigrahi – Mizuho Securities USA LLC, Research Division
Sitikantha Panigrahi
All right. I’m Siti Panigrahi, software analyst here at Mizuho. It’s a great pleasure to welcome Ashim Gupta, COO and CFO, 2 hats. Yes. That’s great. Welcome you to the conference.
Ashim Gupta
Thanks so much, Siti.
Question-and-Answer Session
Sitikantha Panigrahi
I’ll start with a pretty — you reported recently, fiscal Q1, it was much — better than expected. So maybe why don’t you start with your puts and takes for Q1, where you saw the strength, where you saw the weakness, let’s start with that.
Ashim Gupta
So look, I think Q1, we delivered revenue very strong. We beat consensus estimates, we beat consensus estimates on profitability. You can see strong free cash flow generation of $100 million or more. Net new ARR just above what we — a good beat versus what we had also guided in March. And we did that in the backdrop of what I think we can all agree is very uncertain and kind of volatile environment that we’ve been facing.
So we’re really pleased and we’re super pleased by the execution with the team. I think beyond the numbers, when you go to in the financial statements, when you just go to what the team has executed, new partner program in place, which was really well received.
Strong contacts and agreements with GSIs, good — like Deloitte for Agentic ERP, really good momentum, but it was underscored and highlighted by the launch of our Agentic platform. So I know in the world of AI, a lot of people, there’s a question of like, what’s real, what’s hype, et cetera. We launched — we had the most significant product launch for us, tangible
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