UiPath Inc. (PATH) 27th Annual Needham Growth Conference (Transcript)

UiPath Inc. (NYSE:PATH) 27th Annual Needham Growth Conference January 14, 2025 9:30 AM ET

Company Participants

Ashim Gupta – Chief Financial Officer

Conference Call Participants

Scott Berg – Needham

Scott Berg

Awesome, thanks. We’re going to get rolling here, it looks like. So thanks, everyone for joining us. My name is Scott Berg, I lead our enterprise software and SaaS research efforts here at Needham. Today with, we have UiPath joining us today. We have the company’s CFO, Ashim Gupta. Thank you so much for joining us today.

I was just kind of thinking, is you know, I’ve done this, you know, with the company the last three years, but it’s been a different person every year. Daniel, a couple years ago, I had Rob last year, and now I have yourself.

Ashim Gupta

Yes.

Scott Berg

So we’re running the gamut here at [Indiscernible]. But, Ashim, why don’t you start off giving an overview of UiPath for the one or two people here that might be not as familiar with it.

Ashim Gupta

Yes, so $1.6 billion, approximately a top line. When you look at our company, we started out, Daniel started the company back in 2007. Really spent a lot of time just on the product. Daniel, the CEO and Founder out of Romania, spent a lot of time just on the technology. So the core platform was built as an RPA platform. Incredibly strong, very contemporary, very open architecture, which is one of the reasons why we scaled so nicely.

And then over the last five years, it’s really expanded from an RPA platform to a full-fledged automation platform. And what that means is the full lifecycle of automation, from discovering automations and process intelligence, to be able to automate simple tasks to the complex tasks of our customers. We have a