UiPath customers with arr of at least $1m in Q2

No Wall Street consensus exists for UiPath's >$1M ARR customers for Q2 FY2027. There is no directly supported consensus figure available from Wall Street analysts for UiPath's number of customers with over $1 million in Annual Recurring Revenue (ARR) for the second quarter of fiscal year 2027 ^[1].

UiPath provides total ARR guidance, but not for specific customer counts. For Q2 FY2027, UiPath has issued guidance projecting its total ARR to fall within the range of $1.929 billion to $1.934 billion. However, the company has not publicly released a specific consensus or internal forecast for the precise number of customers achieving over $1 million in ARR ^[2][3][4].

UiPath's official filings lack this specific Wall Street consensus estimate. Official filings and earnings materials from the past six months do not disclose a Wall Street consensus estimate for the number of customers with ARR of at least $1 million for Q2 FY2027 ^[1]. The most recent reported data from Q1 FY2027 shows that UiPath had 374 customers with an ARR of at least $1 million ^[5][3][6].

UiPath introduced significant agentic AI enhancements to attract large enterprise customers. During Q2 FY2027, the company unveiled several product advancements designed to drive new customer acquisitions and expand into the >$1M ARR tier. A key announcement on May 12, 2026, was the launch of 'UiPath for Coding Agents,' offering a comprehensive platform for deploying and managing diverse coding agents at scale ^[1][2][3]. Furthermore, UiPath expanded its 'UiPath Agents' capabilities by adding conversational agents for popular platforms, 'Coded Agents' with MCP plug-in support, and improving its AI-driven document processing via 'UiPath Intelligent Xtraction and Processing (IXP)' ^[13]. The company also rolled out industry-specific agentic AI solutions for healthcare and introduced new integrations on the Salesforce AgentExchange, including UiPath CX Companion and Maestro Connector, to facilitate advanced enterprise automation ^[2][14]. These innovations, alongside UiPath Maestro, AgenTiC Builder, API Workflows, UiPath Coded Agents, and UiPath Data Fabric, are identified as primary drivers for new customer acquisition and growth in large enterprise accounts, enabling new platform motions and broader deployments ^{[7][8][9][10][11][12]}.

Early engagement with new agentic technology shows promising commercial momentum. While UiPath's Q2 FY2027 financial results, including the exact number of customers with an Annual Recurring Revenue (ARR) of at least $1 million, were not publicly disclosed as of August 8, 2026, the company reported 374 customers in the >$1M ARR tier at the close of Q1 FY2027 ^[4][5][6]. Management indicated active engagement with the new agentic technology from 450 customers, suggesting early commercial traction that could lead to conversions into larger ARR accounts ^{[7][8][9][10][11][12]}. This initial adoption, coupled with an observed increase in deal sizes as customers recognize the platform's value, points towards a positive outlook for future growth in high-value enterprise segments ^{[7][8][9][10][11][12]}.

Automation Anywhere showed stronger growth in large enterprise customers than UiPath in their most recent fiscal quarters. Automation Anywhere reported a 25% year-over-year growth for enterprise customers with at least $1 million in Annual Recurring Revenue (ARR) in its Q1 FY27 results in July 2026 ^[2][3]. In comparison, UiPath reported an 18% year-over-year increase in customers with ARR of at least $1 million, reaching a total of 374, during its Q1 FY2027 which ended April 30, 2026 ^[1].

Direct comparison with Blue Prism's growth rates is not possible due to its acquisition. Blue Prism, acquired by SS&C Technologies in 2022, operates as a subsidiary and no longer publishes independent public quarterly financial statements ^[4][5]. This change prevents a direct comparison of its recent large-customer ARR growth rates with those reported by UiPath and Automation Anywhere ^[4][5].

UiPath typically adds ten >$1M ARR customers quarterly. Based on historical data spanning seven quarters from Q2 FY2025 to Q1 FY2027, UiPath’s average quarter-over-quarter net addition of customers with over $1 million in Annual Recurring Revenue (ARR) is approximately 10 per quarter ^[1]. This average reflects the company's performance in acquiring high-value clients during this period ^[1].

Quarterly net additions of high-value customers varied significantly. During the analyzed period, specific net additions for >$1M ARR customers were 9 in Q2 FY2025, 15 in Q3 FY2025, -1 in Q4 FY2025, 0 in Q1 FY2026, 4 in Q2 FY2026, 13 in Q3 FY2026, 24 in Q4 FY2026, and 17 in Q1 FY2027 ^[1]. These figures illustrate considerable fluctuations in customer acquisition, ranging from a net loss of one customer to a substantial gain of twenty-four customers in a single quarter ^[1].

Macroeconomic challenges are slowing UiPath's growth in Q2 FY2027. UiPath is experiencing a variable economic environment with persistent foreign exchange headwinds, particularly from the Indian rupee and Romanian leu ^[6][1][2][3]. These broader macroeconomic conditions, combined with delayed pilot conversions and elongated sales cycles, are projected to slow year-over-year revenue growth to approximately 9.8% in Q2 FY2207, a notable decrease from 17% observed in Q1 ^[1][2][3].

Intense competition impacts deal closures and pricing power. Competitive pressures are also significantly affecting deal closures, stemming from heightened rivalry with hyperscalers such as Microsoft (Power Automate) and ServiceNow ^[2][7][8]. Additionally, the rise of AI-first competitors who integrate automation directly into their enterprise platforms is intensifying this challenge ^[2][7][8]. This competitive landscape is contributing to potential erosion of UiPath's pricing power and leading customers to scrutinize the return on investment more closely ^[2][7][8].

UiPath's high-value customer segment shows considerable resilience. Despite these general macroeconomic and competitive headwinds, UiPath demonstrated resilience within its high-value customer segment during Q1 FY2027 ^[4][5]. The company reported 374 customers with over $1 million in Annual Recurring Revenue (ARR), marking an 18% year-over-year increase ^[4][5]. This sustained expansion within its largest customer base signifies a relative pillar of stability amid broader market challenges.

UiPath is scheduled to report its second quarter fiscal 2027 financial results after market close on Thursday, September 3, 2026 ^[1][2][3][4]. The company has provided guidance for Q2 fiscal 2027 Annualized Renewal Run-rate (ARR) in the range of $1.929 billion to $1.934 billion as of July 31, 2026 ^[5][6][7].

Key performance indicators for UiPath include ARR, dollar-based net retention rate, and customer growth in cohorts exceeding $100K and $1M in ARR ^[5][7]. For Q1 fiscal 2027, metrics included a 109% dollar-based net retention rate and 12% year-over-year ARR growth ^[5][7]. As of April 30, 2026, UiPath reported 374 customers with ARR of $1 million or more ^[8][7]. These metrics will be closely watched in the upcoming Q2 report.