UiPath Inc. (PATH) Balance Sheet

NYSE: PATHAssets, liabilities, debt and equity over 7 years.

PATH balance sheet, FY2026

January 31, 2026 · U.S. dollars

$3.18B assets = $1.10B liabilities + $2.08B equity

Both columns are drawn to the same scale: what PATH owns equals what it owes plus shareholders’ equity. Hover a block for its value.

PATH financial health

Current ratio2.48

Comfortable · current assets cover current liabilities 2.48×

Debt / equity0.04

Low leverage · $0.04 of debt for each $1 of equity

Equity / assets65.5%

Equity-funded · of assets funded by shareholders

Cash / debt1,812.4%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles4.6%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2026.

PATH balance sheet trends, FY2020–FY2026

UiPath Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	$508.2MFY2020	$3.18BFY2026	+35.7%/yr
Total liabilities	$311.3MFY2020	$1.10BFY2026	+23.4%/yr
Shareholders’ equity	$196.9MFY2020	$2.08BFY2026	+48.2%/yr
Cash & short-term investments	$232.4MFY2020	$1.47BFY2026	+36.0%/yr
Total debt	$26.3MFY2020	$81.2MFY2026	+20.7%/yr
Net cash (debt)	$206.1MFY2020	$1.39BFY2026	+$1.2B
Working capital	$162.4MFY2020	$1.34BFY2026	+$1.2B
Book value per share	$0.38FY2020	$3.82FY2026	+47.0%/yr
Current ratio	1.68FY2020	2.48FY2026	+0.80
Debt / equity	0.13FY2020	0.04FY2026	−0.09
Shares outstanding	519.2MFY2020	544.9MFY2026	+0.8%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

PATH assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

PATH liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

PATH debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

PATH balance sheet

UiPath Inc. annual balance sheet
	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Assets
Cash & short-term investments	$1.47B	$1.63B	$1.88B	$1.76B	$1.87B	$460.5M	$232.4M
Cash & equivalents	$871.2M	$879.6M	$1.06B	$1.40B	$1.77B	$357.7M	$232.4M
Short-term investments	$601.3M	$750.3M	$818.1M	$354.8M	$96.4M	$102.8M	$0
Receivables	$580.7M	$542.3M	$523.8M	$447.0M	$336.9M	$217.7M	$118.3M
Inventory	$0	$0	$1	$49.9M	$10.1M	$1	$21.1M
Other current assets	$190.8M	$166.3M	$176.4M	$90.7M	$65.2M	$56.2M	$29.2M
Total current assets	$2.24B	$2.34B	$2.58B	$2.34B	$2.28B	$734.4M	$401.0M
Property, plant & equipment (net)	$110.5M	$99.2M	$80.1M	$81.1M	$66.1M	$32.1M	$43.6M
Goodwill & intangible assets	$145.3M	$95.2M	$103.7M	$111.0M	$70.4M	$38.2M	$37.1M
Long-term investments	$217.0M	$130.4M	$1.5M	$2.9M	$19.5M	$0	$0
Other non-current assets	$462.5M	$201.8M	$189.1M	$195.7M	$139.1M	$61.7M	$26.5M
Total assets	$3.18B	$2.87B	$2.95B	$2.74B	$2.57B	$866.5M	$508.2M
Liabilities
Accounts payable	$10.2M	$33.2M	$3.4M	$8.9M	$11.5M	$6.7M	$4.6M
Short-term debt	$10.3M	$3.6M	$8.4M	$7.0M	$1.6M	$5.9M	$5.9M
Deferred revenue	$603.7M	$569.5M	$486.8M	$398.3M	$297.4M	$211.1M	$124.6M
Total current liabilities	$905.4M	$798.9M	$711.7M	$626.5M	$527.5M	$365.2M	$238.6M
Long-term debt	$0	$0	$0	$0	$0	$0	$0
Lease obligations	$81.2M	$77.8M	$67.1M	$56.4M	$49.8M	$20.1M	$26.3M
Other long-term liabilities	$191.2M	$220.6M	$227.0M	$188.6M	$123.0M	$83.0M	$72.7M
Total liabilities	$1.10B	$1.02B	$938.6M	$815.0M	$650.5M	$448.2M	$311.3M
Shareholders' equity
Common stock & paid-in capital	$6,000	$6,000	$6,000	$6,000	$5,000	$2,000	$1,000
Retained earnings (deficit)	−$1.71B	−$1.99B	−$1.91B	−$1.82B	−$1.50B	−$970.4M	−$878.0M
Accumulated other comprehensive income	$36.6M	−$4.9M	$8.8M	$7.6M	$10.9M	−$12.5M	$6.2M
Total shareholders' equity	$2.08B	$1.85B	$2.02B	$1.92B	$1.92B	$418.3M	$196.9M
Key figures
Total debt	$81.2M	$77.8M	$67.1M	$63.4M	$51.4M	$20.1M	$26.3M
Net cash (debt)	$1.39B	$1.55B	$1.81B	$1.69B	$1.81B	$440.4M	$206.1M
Working capital	$1.34B	$1.54B	$1.87B	$1.72B	$1.75B	$369.3M	$162.4M
Tangible book value	$1.94B	$1.75B	$1.91B	$1.81B	$1.85B	$380.0M	$159.8M
Book value per share	$3.82	$3.30	$3.58	$3.50	$3.55	$0.81	$0.38
Shares outstanding	544.9M	559.9M	563.9M	548.0M	541.2M	519.2M	519.2M
Current ratio	2.48	2.93	3.63	3.74	4.32	2.01	1.68
Quick ratio	2.27	2.72	3.38	3.52	4.17	1.86	1.47
Debt / equity	0.04	0.04	0.03	0.03	0.03	0.05	0.13
Equity / assets	65.5%	64.4%	68.2%	70.2%	74.7%	48.3%	38.7%

UiPath Inc. quarterly balance sheet
	Jul '26	Apr '26	Jan '26	Oct '25	Jul '25	Apr '25	Jan '25	Oct '24	Jul '24	Apr '24	Jan '24	Oct '23
Assets
Cash & short-term investments	$1.28B	$1.31B	$1.47B	$1.40B	$1.45B	$1.56B	$1.63B	$1.57B	$1.74B	$1.94B	$1.88B	$1.82B
Cash & equivalents	$607.4M	$633.7M	$871.2M	$743.7M	$629.1M	$701.1M	$879.6M	$774.1M	$939.8M	$1.15B	$1.06B	$1.00B
Short-term investments	$676.6M	$675.0M	$601.3M	$654.5M	$818.9M	$854.4M	$750.3M	$795.4M	$804.1M	$788.9M	$818.1M	$814.1M
Receivables	$307.1M	$417.1M	$580.7M	$504.0M	$389.1M	$371.2M	$542.3M	$448.2M	$372.4M	$361.9M	$523.8M	$460.6M
Inventory	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1	$1	$64.0M
Other current assets	$335.5M	$105.9M	$190.8M	$104.2M	$193.7M	$183.0M	$166.3M	$158.8M	$158.1M	$171.4M	$101.7M	$87.5M
Total current assets	$1.93B	$1.83B	$2.24B	$2.01B	$2.03B	$2.11B	$2.34B	$2.18B	$2.27B	$2.47B	$2.51B	$2.43B
Property, plant & equipment (net)	$109.9M	$112.0M	$110.5M	$109.8M	$107.2M	$108.3M	$99.2M	$94.7M	$93.1M	$83.2M	$80.1M	$76.2M
Goodwill & intangible assets	$281.0M	$285.8M	$145.3M	$142.2M	$142.4M	$145.4M	$95.2M	$99.2M	$100.6M	$101.0M	$103.7M	$103.8M
Long-term investments	$121.0M	$108.5M	$217.0M	$121.6M	$75.2M	$36.5M	$130.4M	$34.4M	$0	$962,000	$1.5M	$0
Other non-current assets	$468.8M	$566.6M	$462.5M	$515.5M	$236.9M	$244.6M	$201.8M	$258.5M	$233.4M	$190.7M	$263.7M	$177.4M
Total assets	$2.91B	$2.90B	$3.18B	$2.90B	$2.59B	$2.64B	$2.87B	$2.66B	$2.70B	$2.84B	$2.95B	$2.79B
Liabilities
Accounts payable	$16.8M	$19.7M	$10.2M	$14.3M	$19.7M	$16.9M	$33.2M	$18.4M	$9.9M	$6.9M	$3.4M	$13.7M
Short-term debt	—	$11.0M	$10.3M	$10.0M	$6.7M	$5.5M	$3.6M	$4.8M	$4.4M	$13.8M	$8.4M	$6.9M
Deferred revenue	$543.6M	$572.1M	$603.7M	$534.0M	$506.9M	$530.9M	$569.5M	$494.4M	$462.5M	$465.2M	$486.8M	$405.8M
Total current liabilities	$807.3M	$831.7M	$905.4M	$788.7M	$738.4M	$715.9M	$798.9M	$695.5M	$632.5M	$597.5M	$711.7M	$627.7M
Long-term debt	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Lease obligations	$79.8M	$83.0M	$81.2M	$82.0M	$79.3M	$79.0M	$77.8M	$81.6M	$82.6M	$71.0M	$67.1M	$57.7M
Other long-term liabilities	$151.6M	$170.1M	$191.2M	$182.7M	$188.2M	$230.1M	$220.6M	$236.0M	$235.2M	$220.4M	$227.0M	$198.2M
Total liabilities	$958.8M	$1.00B	$1.10B	$971.4M	$926.6M	$946.0M	$1.02B	$931.4M	$867.8M	$818.0M	$938.6M	$825.8M
Shareholders' equity
Common stock & paid-in capital	$6,000	$6,000	$6,000	$6,000	$6,000	$6,000	$6,000	$6,000	$6,000	$6,000	$6,000	$6,000
Retained earnings (deficit)	−$1.65B	−$1.68B	−$1.71B	−$1.81B	−$2.01B	−$2.01B	−$1.99B	−$2.04B	−$2.03B	−$1.94B	−$1.91B	−$1.95B
Accumulated other comprehensive income	$14.7M	$27.4M	$36.6M	$27.7M	$24.7M	$29.5M	−$4.9M	$8.9M	$8.1M	$4.7M	$8.8M	$3.2M
Total shareholders' equity	$1.95B	$1.90B	$2.08B	$1.92B	$1.67B	$1.70B	$1.85B	$1.73B	$1.83B	$2.03B	$2.02B	$1.96B
Key figures
Total debt	$69.4M	$83.0M	$81.2M	$82.0M	$79.3M	$79.0M	$77.8M	$81.6M	$82.6M	$76.6M	$67.1M	$64.6M
Net cash (debt)	$1.21B	$1.23B	$1.39B	$1.32B	$1.37B	$1.48B	$1.55B	$1.49B	$1.66B	$1.86B	$1.81B	$1.75B
Working capital	$1.12B	$1.00B	$1.34B	$1.22B	$1.29B	$1.39B	$1.54B	$1.48B	$1.64B	$1.87B	$1.79B	$1.80B
Tangible book value	$1.67B	$1.62B	$1.94B	$1.78B	$1.52B	$1.55B	$1.75B	$1.63B	$1.73B	$1.93B	$1.91B	$1.86B
Book value per share	$3.73	$3.61	$3.82	$3.53	$3.07	$3.10	$3.32	$3.08	$3.23	$3.56	$3.46	$3.46
Shares outstanding	523.0M	527.8M	545.3M	544.7M	542.9M	548.5M	555.4M	563.0M	568.0M	569.9M	583.2M	567.0M
Current ratio	2.39	2.20	2.48	2.54	2.75	2.95	2.93	3.13	3.60	4.13	3.52	3.87
Quick ratio	1.97	2.08	2.27	2.41	2.49	2.69	2.72	2.90	3.35	3.85	3.38	3.63
Debt / equity	0.04	0.04	0.04	0.04	0.05	0.05	0.04	0.05	0.05	0.04	0.03	0.03
Equity / assets	67.0%	65.5%	65.5%	66.5%	64.3%	64.2%	64.4%	65.0%	67.9%	71.2%	68.2%	70.4%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 25, 2026); data from EODHD.

PATH financial position

At the end of fiscal 2026 (January 31, 2026), UiPath had total assets of $3.2 billion (up 11.0% from a year earlier), total liabilities of $1.1 billion and shareholders' equity of $2.1 billion. It held $1.5 billion in cash and short-term investments against $81.2 million of debt, a net cash position of $1.4 billion. Its current ratio was 2.48. In the latest quarter (ended July 31, 2026) total assets were $2.9 billion and equity $1.9 billion.

Related: PATH income statement, PATH cash flow statement, PATH key metrics. See the PATH stock overview for the latest quote and news.

PATH balance sheet FAQ

What are UiPath's total assets?

UiPath reported total assets of $3.2 billion at the end of fiscal 2026 (January 31, 2026), compared with $2.9 billion a year earlier.

How much debt does UiPath have?

UiPath had $81.2 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.04.

How much cash does UiPath have?

UiPath held $1.5 billion in cash and short-term investments at the end of fiscal 2026; with $81.2 million of debt that is net cash of $1.4 billion.

What is UiPath's book value?

UiPath's shareholders' equity (book value) was $2.1 billion at the end of fiscal 2026, or $3.82 per share.

What is UiPath's current ratio?

UiPath had current assets of $2.2 billion and current liabilities of $905.4 million, a current ratio of 2.48 (it can cover its short-term obligations).

How much goodwill does UiPath have?

UiPath carried $145.3 million of goodwill and intangible assets, 4.6% of total assets, at the end of fiscal 2026.