Automation Anywhere: Strong Q1, Agentic AI, India Expansion

Automation Anywhere has reported a strong start to fiscal 2027, maintaining non-GAAP profitability and positive cash flow. The company saw double-digit growth in annual recurring revenue, total revenue, and current remaining performance obligations. Large enterprise engagement is growing, with a 25% increase in customers generating over $1 million in annual recurring revenue. Management also noted signing its largest outcome-based contract ever, showing a move towards scaled AI adoption. For example, a global consulting firm achieved nearly $2 million in projected savings. The company's Autonomous Service Desk has processed over one billion IT service requests, with AI agents resolving more than 80% of tickets. They also introduced EnterpriseClaw, an AI coordination layer built with partners like Cisco and OpenAI, now in preview. Regionally, Automation Anywhere is intensifying its focus on India, showcasing large-scale automation deployments at its Imagine India 2026 event. These developments suggest the company is solidifying its position in enterprise AI automation.