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Side-by-side financial comparison of HEXCEL CORP (HXL) and UiPath, Inc. (PATH). Click either name above to swap in a different company.

HEXCEL CORP is the larger business by last-quarter revenue ($501.5M vs $411.1M, roughly 1.2× UiPath, Inc.). UiPath, Inc. runs the higher net margin — 48.4% vs 7.4%, a 40.9% gap on every dollar of revenue. On growth, UiPath, Inc. posted the faster year-over-year revenue change (15.9% vs 9.9%). Over the past eight quarters, UiPath, Inc.'s revenue compounded faster (0.7% CAGR vs 0.1%).

Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut. The company develops and manufactures structural materials. Hexcel was formed from the combination of California Reinforced Plastics, Ciba Composites and Hercules Composites Products Division. The company sells its products in commercial, military and recreational markets for use in commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, sports equipment ...

UiPath Inc. is a global software company that develops artificial intelligence (AI) and agentic automation and orchestration software. The company's software enables the building and orchestration of AI agents to automate complex processes and workflows.

HXL vs PATH — Head-to-Head

Bigger by revenue
HXL
HXL
1.2× larger
HXL
$501.5M
$411.1M
PATH
Growing faster (revenue YoY)
PATH
PATH
+6.1% gap
PATH
15.9%
9.9%
HXL
Higher net margin
PATH
PATH
40.9% more per $
PATH
48.4%
7.4%
HXL
Faster 2-yr revenue CAGR
PATH
PATH
Annualised
PATH
0.7%
0.1%
HXL

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
HXL
HXL
PATH
PATH
Revenue
$501.5M
$411.1M
Net Profit
$37.2M
$198.8M
Gross Margin
26.9%
83.3%
Operating Margin
11.5%
3.2%
Net Margin
7.4%
48.4%
Revenue YoY
9.9%
15.9%
Net Profit YoY
28.7%
1966.2%
EPS (diluted)
$0.49
$0.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HXL
HXL
PATH
PATH
Q1 26
$501.5M
Q4 25
$491.3M
$411.1M
Q3 25
$456.2M
$361.7M
Q2 25
$489.9M
$356.6M
Q1 25
$456.5M
$423.6M
Q4 24
$473.8M
$354.7M
Q3 24
$456.5M
$316.3M
Q2 24
$500.4M
$335.1M
Net Profit
HXL
HXL
PATH
PATH
Q1 26
$37.2M
Q4 25
$46.4M
$198.8M
Q3 25
$20.6M
$1.6M
Q2 25
$13.5M
$-22.6M
Q1 25
$28.9M
$51.8M
Q4 24
$5.8M
$-10.7M
Q3 24
$39.8M
$-86.1M
Q2 24
$50.0M
$-28.7M
Gross Margin
HXL
HXL
PATH
PATH
Q1 26
26.9%
Q4 25
24.6%
83.3%
Q3 25
21.9%
82.2%
Q2 25
22.8%
82.1%
Q1 25
22.4%
84.8%
Q4 24
25.0%
82.0%
Q3 24
23.3%
80.0%
Q2 24
25.3%
83.5%
Operating Margin
HXL
HXL
PATH
PATH
Q1 26
11.5%
Q4 25
12.5%
3.2%
Q3 25
7.9%
-5.6%
Q2 25
6.1%
-4.6%
Q1 25
9.7%
7.9%
Q4 24
1.9%
-12.2%
Q3 24
11.5%
-32.7%
Q2 24
14.3%
-14.8%
Net Margin
HXL
HXL
PATH
PATH
Q1 26
7.4%
Q4 25
9.4%
48.4%
Q3 25
4.5%
0.4%
Q2 25
2.8%
-6.3%
Q1 25
6.3%
12.2%
Q4 24
1.2%
-3.0%
Q3 24
8.7%
-27.2%
Q2 24
10.0%
-8.6%
EPS (diluted)
HXL
HXL
PATH
PATH
Q1 26
$0.49
Q4 25
$0.37
Q3 25
$0.00
Q2 25
$-0.04
Q1 25
$0.09
Q4 24
$-0.02
Q3 24
$-0.15
Q2 24
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HXL
HXL
PATH
PATH
Cash + ST InvestmentsLiquidity on hand
$54.1M
$1.4B
Total DebtLower is stronger
$998.1M
Stockholders' EquityBook value
$1.3B
$1.9B
Total Assets
$2.7B
$2.9B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HXL
HXL
PATH
PATH
Q1 26
$54.1M
Q4 25
$71.0M
$1.4B
Q3 25
$90.5M
$1.4B
Q2 25
$77.2M
$1.6B
Q1 25
$89.2M
$1.6B
Q4 24
$125.4M
$1.6B
Q3 24
$98.2M
$1.7B
Q2 24
$75.4M
$1.9B
Total Debt
HXL
HXL
PATH
PATH
Q1 26
$998.1M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
HXL
HXL
PATH
PATH
Q1 26
$1.3B
Q4 25
$1.3B
$1.9B
Q3 25
$1.6B
$1.7B
Q2 25
$1.6B
$1.7B
Q1 25
$1.5B
$1.8B
Q4 24
$1.5B
$1.7B
Q3 24
$1.6B
$1.8B
Q2 24
$1.6B
$2.0B
Total Assets
HXL
HXL
PATH
PATH
Q1 26
$2.7B
Q4 25
$2.7B
$2.9B
Q3 25
$2.8B
$2.6B
Q2 25
$2.8B
$2.6B
Q1 25
$2.8B
$2.9B
Q4 24
$2.7B
$2.7B
Q3 24
$2.9B
$2.7B
Q2 24
$2.8B
$2.8B
Debt / Equity
HXL
HXL
PATH
PATH
Q1 26
0.79×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HXL
HXL
PATH
PATH
Operating Cash FlowLast quarter
$28.3M
Free Cash FlowOCF − Capex
$25.1M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
3.2%
0.8%
Cash ConversionOCF / Net Profit
0.14×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HXL
HXL
PATH
PATH
Q1 26
Q4 25
$125.5M
$28.3M
Q3 25
$110.2M
$41.6M
Q2 25
$23.3M
$119.0M
Q1 25
$-28.5M
$146.1M
Q4 24
$162.6M
$28.1M
Q3 24
$90.1M
$46.4M
Q2 24
$44.2M
$100.0M
Free Cash Flow
HXL
HXL
PATH
PATH
Q1 26
Q4 25
$107.3M
$25.1M
Q3 25
$96.5M
Q2 25
$8.0M
$106.2M
Q1 25
$-54.6M
$138.7M
Q4 24
$144.0M
$23.2M
Q3 24
$73.3M
$45.0M
Q2 24
$21.3M
$98.8M
FCF Margin
HXL
HXL
PATH
PATH
Q1 26
Q4 25
21.8%
6.1%
Q3 25
21.2%
Q2 25
1.6%
29.8%
Q1 25
-12.0%
32.7%
Q4 24
30.4%
6.5%
Q3 24
16.1%
14.2%
Q2 24
4.3%
29.5%
Capex Intensity
HXL
HXL
PATH
PATH
Q1 26
3.2%
Q4 25
3.7%
0.8%
Q3 25
3.0%
0.0%
Q2 25
3.1%
3.6%
Q1 25
5.7%
1.7%
Q4 24
3.9%
1.4%
Q3 24
3.7%
0.4%
Q2 24
4.6%
0.4%
Cash Conversion
HXL
HXL
PATH
PATH
Q1 26
Q4 25
2.70×
0.14×
Q3 25
5.35×
26.25×
Q2 25
1.73×
Q1 25
-0.99×
2.82×
Q4 24
28.03×
Q3 24
2.26×
Q2 24
0.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HXL
HXL

Segment breakdown not available.

PATH
PATH

Subscription Services$247.6M60%
License$150.0M36%
Professional Services And Other$13.5M3%

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