UiPath, Inc. (PATH) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: December 08, 2025

Risk Assessment Details

Potential Dilution: 33.38% of current shares
Recent Dilution: 2.99% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
460M
Potential Supply
150M
Additional shares possible
Splits
None
Past 2 years

Summary

PATH currently has 460M outstanding shares. with moderate dilution risk from 154M authorized shares representing 33.4% potential dilution. The company has minimally diluted shareholders by 2.99% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Dec 08, 2025

10-Q filing | 460.4M shares outstanding

460M 150M
Sep 08, 2025

10-Q filing | 453.6M shares outstanding

450M 150M
Sep 04, 2025

8-K filing: Daniel Dines, CEO of the Company, adopted a trading plan to sell up to 5,000,000 shares of Class A common stock through April 17, 2026, and will convert 3,146,745 shares of Class B common stock to Class A common stock.

460M 150M
Jun 03, 2025

10-Q filing | 457.6M shares outstanding

460M 150M
Mar 24, 2025

10-K filing | 474.0M shares outstanding

470M 150M
Mar 12, 2025

8-K filing: Daniel Dines, CEO of the Company, adopted a trading plan to sell up to 5,000,000 shares of Class A common stock through October 16, 2025, and will convert 5,000,000 shares of Class B common stock to Class A common stock in connection with the trading plan.

470M 150M
Dec 09, 2024

10-Q filing | 467.1M shares outstanding

470M 150M
Sep 06, 2024

10-Q filing | 467.5M shares outstanding

470M 150M
Jun 03, 2024

10-Q filing | 490.3M shares outstanding

490M 150M
Mar 27, 2024

10-K filing | 486.6M shares outstanding

490M 150M
Dec 04, 2023

10-Q filing | 483.6M shares outstanding

480M 150M
Sep 07, 2023

10-Q filing | 484.3M shares outstanding

480M 150M
Jun 02, 2023

10-Q filing | 478.7M shares outstanding

480M 150M
Mar 24, 2023

10-K filing | 475.0M shares outstanding

470M 150M
Dec 05, 2022

10-Q filing | 470.4M shares outstanding

470M 150M
Sep 08, 2022

10-Q filing | 467.2M shares outstanding

470M 150M
Jun 03, 2022

10-Q filing | 462.3M shares outstanding

460M 150M
Apr 04, 2022

10-K filing | 454.6M shares outstanding

450M 150M
Dec 10, 2021

10-Q filing | 442.8M shares outstanding

440M 150M
Sep 08, 2021

10-Q filing | 431.1M shares outstanding

430M 150M
Jun 09, 2021

10-Q filing | 426.4M shares outstanding

430M 150M
Apr 19, 2021

S-1/A filing: This SEC filing is an S-1/A amendment. It details recent sales of unregistered securities, including options, RSUs, RSAs, and convertible preferred stock, as well as common stock issued for an acquisition.

N/A 150M
Apr 12, 2021

S-1/A filing: This is an S-1/A filing. It includes information regarding recent sales of unregistered securities including options, RSUs, RSAs and convertible preferred stock.

N/A 150M
Mar 26, 2021

S-1 filing: This is an S-1 filing for an initial public offering of Class A common stock. The underwriters may engage in transactions to stabilize, maintain or otherwise affect the price of the Class A common stock, including selling more shares than they are obligated to purchase, creating a short position, and bidding for and purchasing shares of Class A common stock in the open market.

N/A 0
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