UiPath Inc. reported second-quarter revenue of $410 million, representing a 13% increase, which exceeded the Wall Street analyst target of $397.8 million. ^[1] UiPath's stock initially rose more than 10% after the earnings report but subsequently reversed course to fall more than 7% by the time of writing. ^[2] The company raised its full-year revenue forecast for fiscal 2027 to a range between $1.789 billion and $1.794 billion. ^[3] UiPath reported net income of $36.1 million for the quarter, up from a profit of $1.6 million one year earlier. ^[4] In the UiPath put spread, the $16 put traded 18,614 contracts with 21,443 open interest, while the $18.50 put traded 14,676 contracts with only 36 open interest, suggesting much of the activity may have been newly opened. ^[5] The largest options trade in UiPath was a 33,290-contract put spread on the Sept. 18, 2026 $16/$18.50 puts, representing nearly 40% of total options volume. ^[6] UiPath Inc. traded at $18.56, up 3.17% as of Sep. 3, 2026, 12:10 PM EDT, with call volume of 25,956 and put volume of 58,169, yielding a put/call volume ratio of 2.24. ^[7] UiPath's 3-month volatility rose 0.20 percentage points to 75.34%, and the 90/110 skew rose 2.33 points to 2.34%, indicating greater relative demand for downside protection. ^[8]