PATH Q1 2027 Earnings — Income Statement Breakdown
For its Q1 2027 period (ending 2026-04-30), PATH reported revenue of $418M, gross profit of $341M (81.6% gross margin), operating income of $28M, and net income of $23M (5.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
PATH was profitable; revenue grew 1.8% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +1.8% | −88.7% | −43.0 pp |
Consensus estimate data is not available for this report.
PATH Q1 2027 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $418M | 100% |
| Cost of Revenue | −$77M | 18.4% |
| Gross Profit | $341M | 81.6% |
| Research & Development | −$93M | 22.2% |
| Selling, General & Administrative | −$221M | 52.7% |
| Operating Income | $28M | 6.7% |
| Other Income, net | $13M | 3.1% |
| Income Tax Expense | −$18M | 4.4% |
| Net Income | $23M | 5.4% |
Source: PATH filings on SEC EDGAR (period ended 2026-04-30). Data normalized by EarningsFyi.