UiPath’s shares climbed 10% following good Q1 outcomes and increased demand for its AI-powered automation and testing tools.

After UiPath Inc shared first-quarter results beyond what analysts anticipated, its shares gained 10% due to strong demand for AI-based automation solutions.  The increase was mainly due to more demand for AI-powered automation. Adjusted earnings per share for the leader reached $0.11, ahead of the $0.10 expected and revenue reached $356.62 million, a 6% gain over the previous year and above forecasts.

Sales of its product, on an annual basis, went up by 12% to $1.693 billion because many customers had started using its platform. Daniel Dines, John Lyons and UiPath’s CEO said the company’s key growth drivers were better execution and a significant return on investment.

UiPath offered detailed leadership, expecting the Q2 revenue to reach $345–$350 million and the 2026 revenue to surpass $1.554 billion, more than expected by Wall Street. UiPath’s new platform for agentic automation now combines AI agents, robots and human workflows into a single system.

The firm is continuously improving its automation capabilities and has recently launched UiPath Test Cloud to enhance the use of AI in software testing. Strong funding of $1.59 billion makes UiPath ready to drive technology changes across many industries.