Automation Anywhere vs UiPath: Strategic Comparison
Direct Answer
UiPath is the larger company by disclosed revenue, reporting $1.611 billion for fiscal 2026 (ended January 31, 2026) and a market capitalization of roughly $6.9 billion as of mid-September 2026 as a NYSE-listed company (ticker PATH). Automation Anywhere is privately held and does not publish revenue, but was last valued at $6.8 billion in its November 2019 Series B round and says it has posted ten consecutive non-GAAP profitable quarters through January 31, 2026. By profitability track record, Automation Anywhere's streak is longer; UiPath's $282 million of GAAP net income in fiscal 2026 was its first profitable full year.
Automation Anywhere's last private valuation, $6.8 billion set in a November 2019 Series B round led by Salesforce Ventures, sits almost exactly where UiPath's public market capitalization stood in mid-September 2026, near $6.9 billion, even though the two companies disclose their numbers in completely different ways. UiPath, founded in Bucharest, Romania in 2005 by Daniel Dines and Marius Tîrcă as DeskOver, trades on the NYSE under ticker PATH and reported $1.611 billion of revenue and $282 million of net income for fiscal 2026 (year ended January 31, 2026), its first full year of GAAP profit, with about 3,868 employees. Automation Anywhere, founded in San Jose, California in 2003 as Tethys Solutions by Mihir Shukla, Ankur Kothari, Neeti Mehta Shukla and Rushabh Parmani, remains privately held, does not publish revenue, and employs about 2,400 people, but says it has booked ten consecutive non-GAAP profitable quarters through January 31, 2026. Dines returned as UiPath's sole CEO on June 1, 2024 after Rob Enslin's departure, while Shukla has been Automation Anywhere's only chief executive across 23 years since co-founding it. Both companies are racing to add AI agents on top of their robotic process automation bases, Automation Anywhere through its November 2025 Aisera acquisition and UiPath through its February 2026 WorkFusion deal.
Editorial research by Swet Parvadiya. Figures keep each company's fiscal year; amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Sources are listed below.
Key Differences at a Glance
| Field | Automation Anywhere | UiPath |
|---|---|---|
| Latest annual revenue | N/A | $1.6B (FY2026) |
| Founded | 2003 | 2005 |
| Employees | 2,400 | 3,868 |
| Market Cap | N/A | $7.2B |
| Headquarters | United States | United States |
| Revenue / Employee | N/A | $416k / employee |
| Valuation Multiple | N/A | 4.5x P/S |
Strategic Positioning
Business model and competitive context from the cited profiles
Automation Anywhere Strategic Vector
The growth strategy is hyper-focused on the integration of Generative AI.
UiPath Strategic Vector
FY2026 Revenue BaselineUiPath now pairs low double-digit growth with GAAP profit. Its main task is showing that AI agents add to demand for its orchestration platform rather than replacing traditional automation.
Quick Stats Comparison
| Metric | Automation Anywhere | UiPath |
|---|---|---|
| Revenue | N/A | $1.6B (FY2026) |
| Founded | 2003 | 2005 |
| Headquarters | San Jose, California, United States | New York, NY, USA |
| Market Cap | N/A | $7.2B |
| Employees | 2,400 | 3,868 |
| Revenue / Employee | N/A | $416k / employee |
| Valuation Multiple | N/A | 4.5x P/S |
Automation Anywhere Revenue vs UiPath Revenue — Year by Year
| Year | Automation Anywhere | UiPath | Higher reported revenue |
|---|---|---|---|
| 2026 | N/A | $1.6B | Only one figure available |
| 2025 | N/A | $1.4B | Only one figure available |
| 2024 | N/A | $1.3B | Only one figure available |
| 2023 | N/A | $1.1B | Only one figure available |
| 2022 | N/A | $892.3M | Only one figure available |
Business Model Breakdown
Overview: Automation Anywhere vs UiPath
This in-depth comparison examines Automation Anywhere and UiPath across revenue, market value, business model, competitive positioning, and long-term growth strategy. Whether you are researching Automation Anywhere on its own, evaluating UiPath, or weighing the two companies side by side, the breakdown below highlights where each company leads and where the gap between Automation Anywhere and UiPath is widest.
On the headline numbers, annual revenue is N/A for Automation Anywhere and $1.6B (FY2026) for UiPath, while their respective market capitalizations stand at N/A and $7.2B. Both Automation Anywhere and UiPath are headquartered in United States. Their local markets and applicable rules may still differ.
Automation Anywhere: Automation Anywhere is a large player in the rapidly growing field of Robotic Process Automation (RPA). Despite the name, they do not build physical robots; they build 'software bots.' These bots are deployed across large Fortune 500 companies to do the highly boring, repetitive tasks that humans hate, like copying and pasting data from an invoice into an Excel spreadsheet, or migrating customer data between two ancient, incompatible banking systems. They essentially act as a digital workforce that operates 24/7 without making typos. The company is headquartered in San Jose, California.
Business Models: How Automation Anywhere and UiPath Make Money
Automation Anywhere and UiPath pursue distinct approaches to generating revenue, and understanding how each company operates is the foundation of any fair comparison between Automation Anywhere and UiPath.
Automation Anywhere business model: The business model is enterprise SaaS. Automation Anywhere licenses its Agentic Process Automation System on annual subscriptions: a cloud Control Room platform fee, named licences for the people who build automations, runtime capacity for attended and unattended bots, and consumption pricing for document pages processed and AI agent execution. Renewals are argued on payback, because a deployment that clears a backlog of invoices or service desk tickets can be measured against the labour it replaces. Since the Aisera acquisition the company has also pushed outcome-based pricing, charging for work completed rather than seats, and it signed the largest outcome-based contract in its history in the first quarter of fiscal 2027.
UiPath business model: UiPath sells its automation platform mainly on a recurring basis. Revenue comes from term software licenses, cloud and maintenance subscriptions, and a smaller professional services line. Customers pay for robots, developer and user seats, orchestration, and AI capabilities such as document processing and agents. The company tracks annual recurring revenue (ARR) as its main operating metric. ARR reached $1.853 billion at the end of fiscal 2026 (January 31, 2026) and $1.938 billion at July 31, 2026. Much of the go-to-market work runs through global system integrators and cloud marketplaces alongside a direct enterprise sales force.
Competitive Advantage: Automation Anywhere vs UiPath
The durability of a company's moat often decides long-term winners. Here is how the competitive advantages of Automation Anywhere stack up against those of UiPath.
Automation Anywhere competitive advantage: Automation Anywhere's primary competitive advantage is its cloud-native architecture and its intense focus on 'Intelligent Automation' (combining basic RPA with Generative AI). While legacy competitors required companies to install heavy, complex software on their own internal servers, Automation Anywhere pivoted aggressively to the cloud, making it significantly easier and faster for a large corporation to deploy thousands of bots globally. their deep integration of AI allows their bots to 'read' unstructured documents (like messy emails or handwritten forms), heavily widening the scope of tasks they can automate.
UiPath competitive advantage: A large base of enterprise automation customers and a single platform that combines robots, agents, process discovery and governance.
Growth Strategy: Where Automation Anywhere and UiPath Are Headed
Future prospects matter as much as current results. The growth strategies below explain how Automation Anywhere and UiPath each plan to expand from here.
Automation Anywhere growth strategy: The growth strategy is hyper-focused on the integration of Generative AI. Basic RPA (just copying and pasting) is becoming a commodity. To justify premium enterprise pricing, Automation Anywhere is pushing 'Agentic AI', bots that don't just follow a strict set of rules, but can actually understand a complex command (e.g., 'process these 500 invoices and email anyone who owes us money') and execute it autonomously. They are aggressively targeting large legacy industries (like healthcare and banking) that are desperate to reduce their large administrative overhead.
UiPath growth strategy: UiPath is positioning its platform as an orchestration layer that coordinates AI agents, deterministic software robots and human approvals inside regulated business processes. It has added industry-specific capabilities through acquisitions, including Peak for AI-driven pricing and inventory decisions in 2025 and WorkFusion for financial crime compliance agents in 2026. In 2026 it also announced agentic solutions for fraud prevention and loan origination, an AI agent work with BDO for auditors, and a Snowflake integration.
Financial Picture: Automation Anywhere vs UiPath
A closer look at the financial trajectory of Automation Anywhere and UiPath rounds out the comparison.
Automation Anywhere: Automation Anywhere is privately held and does not disclose audited revenue. The historical series therefore uses clearly labeled Sacra ARR estimates: $427 million in 2021, $640 million in 2022 and $800 million in 2023. The company itself reports only directional figures in its quarterly releases, including double-digit year-over-year growth in ARR, revenue and current remaining performance obligations, and an unbroken run of non-GAAP profitable quarters that reached ten for the period ended January 31, 2026. Automation Anywhere is a highly valued private enterprise software company, reaching a valuation of roughly $7 billion in the RPA space.
UiPath: UiPath's revenue grew from $607.6 million in fiscal 2021 to $1.611 billion in fiscal 2026. After years of GAAP losses, it reported net income of $282 million in fiscal 2026. In the second quarter of fiscal 2027 revenue was $410 million, up 13%, and it was the company's fourth straight GAAP-profitable quarter.
Company-Specific SWOT Notes
Automation Anywhere
Automation 360 was rebuilt as a cloud-native browser platform in 2019 and rebranded in 2021, and the 2024 agent release sits on that base rather than on installed Windows clients, so customers add AI agents without a new deployment model.
The company reported its tenth consecutive non-GAAP profitable quarter with positive free cash flow for the period ended January 31, 2026 and put the run at three consecutive years in September 2026, which is unusual for a private software company of its age.
Deterministic bots that drive application screens break when those screens change, so long-lived deployments carry ongoing rework that business teams cannot absorb without technical help.
As a private company it publishes growth rates and bookings mix but no revenue, margin or cash figures, which leaves customers and analysts relying on the company's own framing when they size it against listed rivals.
After the Aisera acquisition the company sells against per-seat ITSM tools, arguing that agents cut the number of seats an enterprise needs by up to 40%, and says its Autonomous Service Desk has fulfilled more than one billion IT service requests.
Microsoft ships Power Automate and Copilot Studio inside existing Microsoft 365 and Azure agreements, and Salesforce and ServiceNow automate inside their own applications, which squeezes standalone automation licensing at the low end.
UiPath
A large base of enterprise automation customers and a single platform that combines robots, agents, process discovery and governance.
Slower growth than in its IPO years and pressure from larger platforms bundling automation.
UiPath is positioning its platform as an orchestration layer that coordinates AI agents, deterministic software robots and human approvals inside regulated business processes.
Factual Scorecard
| Category | Result | Why |
|---|---|---|
| Same-period Revenue Scale | Not comparable | Automation Anywhere: N/A. UiPath: $1.6B (FY2026). Different or missing fiscal periods prevent a like-for-like ranking. |
| Founded Earlier | Automation Anywhere | Automation Anywhere was founded in 2003; UiPath was founded in 2005. |
Comparison Takeaway: Automation Anywhere vs UiPath
Methodology and sourcing reviewed by Swet Parvadiya. No date is shown unless this comparison has its own editorial review date.
Frequently Asked Questions: Automation Anywhere vs UiPath
Does Automation Anywhere or UiPath make more revenue?
UiPath discloses its revenue because it is publicly traded: $1.611 billion for fiscal 2026 (year ended January 31, 2026), up 13% from $1.430 billion. Automation Anywhere is privately held and does not publish a revenue figure, reporting only that annual recurring revenue grew by double digits and that it was valued at $6.8 billion in its November 2019 Series B round.
Is Automation Anywhere or UiPath more profitable?
On a non-GAAP basis, Automation Anywhere has the longer streak: it reported its tenth consecutive non-GAAP profitable quarter with positive free cash flow for the period ended January 31, 2026, extending to three straight years by September 2026. UiPath reached its first full year of GAAP profitability only in fiscal 2026, with net income of $282 million.
Who is the CEO of Automation Anywhere, and who runs UiPath?
Mihir Shukla has been Automation Anywhere's CEO since he co-founded it in San Jose in 2003, a 23-year unbroken run. Daniel Dines, who co-founded UiPath as DeskOver in Bucharest in 2005, is CEO again too, after returning as sole chief executive on June 1, 2024 when Rob Enslin stepped down.
Why did UiPath's stock fall after its September 2026 earnings, and does Automation Anywhere face the same risk?
UiPath shares dropped about 24% in the weeks after its September 3, 2026 fiscal second-quarter report, even though revenue rose 13% to $410 million and ARR grew 12% to $1.938 billion, because net new ARR of just $37 million signaled slowing expansion. Automation Anywhere, as a private company, has no public stock to react; in the same period it announced its largest-ever outcome-based contract and continued double-digit ARR growth.
Which is the better choice for a large enterprise, Automation Anywhere or UiPath?
UiPath suits buyers who want audited GAAP financials, a public NYSE listing under ticker PATH since April 2021, and newer financial-crime compliance agents from its WorkFusion acquisition. Automation Anywhere suits buyers prioritizing its cloud-native Automation 360 platform, 23 years of leadership continuity under founder-CEO Mihir Shukla, and outcome-based pricing tied to completed work following its November 2025 Aisera acquisition.
Which company was founded first, Automation Anywhere or UiPath?
Automation Anywhere was founded in 2003; UiPath was founded in 2005.
What revenue did Automation Anywhere and UiPath report?
UiPath had $1.6B (FY2026). A comparable annual revenue row is unavailable for Automation Anywhere.
How do Automation Anywhere and UiPath make money?
Automation Anywhere: The business model is enterprise SaaS. UiPath: UiPath sells its automation platform mainly on a recurring basis.
Which is better, Automation Anywhere or UiPath?
There is no evidence-based single winner. Compare Automation Anywhere and UiPath on the same fiscal period and the metric relevant to the question, such as revenue, profitability, growth, product fit, or market value.
Sources & References
- Automation Anywhere Corporate Website
- Automation Anywhere 2023 revenue figure: Sacra estimate
- automationanywhere.com
- prnewswire.com
- prnewswire.com
- prnewswire.com
- prnewswire.com
- prnewswire.com
- prnewswire.com
- automationanywhere.com
- cnbc.com
- en.wikipedia.org
- SEC EDGAR: UiPath filings search (10-K, 8-K)
- UiPath Corporate Website
- UiPath 2026 revenue figure: UiPath, Inc. annual report (Form 10-K, SEC EDGAR, filed 2026-03-25)
- ir.uipath.com
- ir.uipath.com
- uipath.com
- sec.gov
- sec.gov
Quick Answer
UiPath is the larger company by disclosed revenue, reporting $1.611 billion for fiscal 2026 (ended January 31, 2026) and a market capitalization of roughly $6.9 billion as of mid-September 2026 as a NYSE-listed company (ticker PATH). Automation Anywhere is privately held and does not publish revenue, but was last valued at $6.8 billion in its November 2019 Series B round and says it has posted ten consecutive non-GAAP profitable quarters through January 31, 2026. By profitability track record, Automation Anywhere's streak is longer; UiPath's $282 million of GAAP net income in fiscal 2026 was its first profitable full year.
Verdict
UiPath and Automation Anywhere both operate as what Gartner names Leaders in enterprise robotic process automation, but they are built for different capital structures: UiPath answers to NYSE shareholders and reports GAAP numbers quarterly, including a 109% dollar-based net retention rate and $1.405 billion of cash with no debt at July 31, 2026, while Automation Anywhere answers to private investors like SoftBank and Salesforce Ventures and discloses only growth rates and bookings mix, such as AI products reaching 61% of its fourth-quarter fiscal 2026 software bookings. UiPath has leaned on acquisitions to go vertical, buying Peak for retail pricing agents in March 2025 and WorkFusion for financial-crime compliance agents in February 2026, while Automation Anywhere's November 2025 purchase of Aisera pushed it into per-seat IT service desk software, with a claim of resolving more than one billion IT service requests by May 2026. Automation Anywhere also has the more unusual leadership story: Mihir Shukla has been sole CEO since founding the company in 2003, while UiPath's Daniel Dines stepped back from sole control for roughly two years before returning as CEO in June 2024. On growth, UiPath's numbers are modest but public, 13% revenue growth and 12% ARR growth in its latest quarter, against a backdrop of a nearly 24% share-price drop since early September 2026, while Automation Anywhere reports only the percentage growth figures it chooses to disclose, which makes a like-for-like comparison incomplete by design.
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CorpDigest. (2026). Automation Anywhere vs UiPath Comparison. from https://corpdigest.com/compare/automation-anywhere-vs-uipath
CorpDigest. "Automation Anywhere vs UiPath Comparison." CorpDigest, 2026, https://corpdigest.com/compare/automation-anywhere-vs-uipath.
CorpDigest. "Automation Anywhere vs UiPath Comparison." CorpDigest. 2026. https://corpdigest.com/compare/automation-anywhere-vs-uipath.