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

Remitly Global, Inc. is the larger business by last-quarter revenue ($442.2M vs $411.1M, roughly 1.1× UiPath, Inc.). UiPath, Inc. runs the higher net margin — 48.4% vs 9.3%, a 39.0% gap on every dollar of revenue. On growth, Remitly Global, Inc. posted the faster year-over-year revenue change (25.7% vs 15.9%). Remitly Global, Inc. produced more free cash flow last quarter ($143.3M vs $25.1M). Over the past eight quarters, Remitly Global, Inc.'s revenue compounded faster (28.2% CAGR vs 0.7%).

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.

Remitly is an American online remittance service based in Seattle, United States that offers international money transfers to over 170 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati and became publicly traded on the Nasdaq exchange in September 2021.

PATH vs RELY — Head-to-Head

Bigger by revenue
RELY
RELY
1.1× larger
RELY
$442.2M
$411.1M
PATH
Growing faster (revenue YoY)
RELY
RELY
+9.7% gap
RELY
25.7%
15.9%
PATH
Higher net margin
PATH
PATH
39.0% more per $
PATH
48.4%
9.3%
RELY
More free cash flow
RELY
RELY
$118.2M more FCF
RELY
$143.3M
$25.1M
PATH
Faster 2-yr revenue CAGR
RELY
RELY
Annualised
RELY
28.2%
0.7%
PATH

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PATH
PATH
RELY
RELY
Revenue
$411.1M
$442.2M
Net Profit
$198.8M
$41.2M
Gross Margin
83.3%
Operating Margin
3.2%
8.8%
Net Margin
48.4%
9.3%
Revenue YoY
15.9%
25.7%
Net Profit YoY
1966.2%
820.1%
EPS (diluted)
$0.37
$0.19

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
PATH
PATH
RELY
RELY
Q4 25
$411.1M
$442.2M
Q3 25
$361.7M
$419.5M
Q2 25
$356.6M
$411.9M
Q1 25
$423.6M
$361.6M
Q4 24
$354.7M
$351.9M
Q3 24
$316.3M
$336.5M
Q2 24
$335.1M
$306.4M
Q1 24
$405.3M
$269.1M
Net Profit
PATH
PATH
RELY
RELY
Q4 25
$198.8M
$41.2M
Q3 25
$1.6M
$8.8M
Q2 25
$-22.6M
$6.5M
Q1 25
$51.8M
$11.4M
Q4 24
$-10.7M
$-5.7M
Q3 24
$-86.1M
$1.9M
Q2 24
$-28.7M
$-12.1M
Q1 24
$33.9M
$-21.1M
Gross Margin
PATH
PATH
RELY
RELY
Q4 25
83.3%
Q3 25
82.2%
Q2 25
82.1%
Q1 25
84.8%
Q4 24
82.0%
Q3 24
80.0%
Q2 24
83.5%
Q1 24
86.8%
Operating Margin
PATH
PATH
RELY
RELY
Q4 25
3.2%
8.8%
Q3 25
-5.6%
2.8%
Q2 25
-4.6%
3.6%
Q1 25
7.9%
3.4%
Q4 24
-12.2%
-1.1%
Q3 24
-32.7%
0.1%
Q2 24
-14.8%
-5.1%
Q1 24
3.7%
-7.4%
Net Margin
PATH
PATH
RELY
RELY
Q4 25
48.4%
9.3%
Q3 25
0.4%
2.1%
Q2 25
-6.3%
1.6%
Q1 25
12.2%
3.1%
Q4 24
-3.0%
-1.6%
Q3 24
-27.2%
0.6%
Q2 24
-8.6%
-3.9%
Q1 24
8.4%
-7.8%
EPS (diluted)
PATH
PATH
RELY
RELY
Q4 25
$0.37
$0.19
Q3 25
$0.00
$0.04
Q2 25
$-0.04
$0.03
Q1 25
$0.09
$0.05
Q4 24
$-0.02
$-0.03
Q3 24
$-0.15
$0.01
Q2 24
$-0.05
$-0.06
Q1 24
$0.07
$-0.11

Balance Sheet & Financial Strength

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

Metric
PATH
PATH
RELY
RELY
Cash + ST InvestmentsLiquidity on hand
$1.4B
$542.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$868.8M
Total Assets
$2.9B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PATH
PATH
RELY
RELY
Q4 25
$1.4B
$542.4M
Q3 25
$1.4B
$476.9M
Q2 25
$1.6B
$515.9M
Q1 25
$1.6B
$493.9M
Q4 24
$1.6B
$368.1M
Q3 24
$1.7B
$324.4M
Q2 24
$1.9B
$185.2M
Q1 24
$1.9B
$286.0M
Stockholders' Equity
PATH
PATH
RELY
RELY
Q4 25
$1.9B
$868.8M
Q3 25
$1.7B
$797.2M
Q2 25
$1.7B
$764.9M
Q1 25
$1.8B
$723.5M
Q4 24
$1.7B
$665.5M
Q3 24
$1.8B
$630.8M
Q2 24
$2.0B
$578.9M
Q1 24
$2.0B
$549.4M
Total Assets
PATH
PATH
RELY
RELY
Q4 25
$2.9B
$1.5B
Q3 25
$2.6B
$1.2B
Q2 25
$2.6B
$1.2B
Q1 25
$2.9B
$1.1B
Q4 24
$2.7B
$1.0B
Q3 24
$2.7B
$970.4M
Q2 24
$2.8B
$950.2M
Q1 24
$3.0B
$1.1B

Cash Flow & Capital Efficiency

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

Metric
PATH
PATH
RELY
RELY
Operating Cash FlowLast quarter
$28.3M
$149.6M
Free Cash FlowOCF − Capex
$25.1M
$143.3M
FCF MarginFCF / Revenue
6.1%
32.4%
Capex IntensityCapex / Revenue
0.8%
1.4%
Cash ConversionOCF / Net Profit
0.14×
3.63×
TTM Free Cash FlowTrailing 4 quarters
$288.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PATH
PATH
RELY
RELY
Q4 25
$28.3M
$149.6M
Q3 25
$41.6M
$1.4M
Q2 25
$119.0M
$41.2M
Q1 25
$146.1M
$132.9M
Q4 24
$28.1M
$-27.3M
Q3 24
$46.4M
$146.8M
Q2 24
$100.0M
$48.9M
Q1 24
$145.6M
$-56.8M
Free Cash Flow
PATH
PATH
RELY
RELY
Q4 25
$25.1M
$143.3M
Q3 25
$-2.1M
Q2 25
$106.2M
$28.6M
Q1 25
$138.7M
$118.9M
Q4 24
$23.2M
$-30.1M
Q3 24
$45.0M
$145.6M
Q2 24
$98.8M
$47.8M
Q1 24
$141.8M
$-57.8M
FCF Margin
PATH
PATH
RELY
RELY
Q4 25
6.1%
32.4%
Q3 25
-0.5%
Q2 25
29.8%
6.9%
Q1 25
32.7%
32.9%
Q4 24
6.5%
-8.5%
Q3 24
14.2%
43.3%
Q2 24
29.5%
15.6%
Q1 24
35.0%
-21.5%
Capex Intensity
PATH
PATH
RELY
RELY
Q4 25
0.8%
1.4%
Q3 25
0.0%
0.8%
Q2 25
3.6%
3.1%
Q1 25
1.7%
3.9%
Q4 24
1.4%
0.8%
Q3 24
0.4%
0.3%
Q2 24
0.4%
0.4%
Q1 24
0.9%
0.4%
Cash Conversion
PATH
PATH
RELY
RELY
Q4 25
0.14×
3.63×
Q3 25
26.25×
0.16×
Q2 25
6.30×
Q1 25
2.82×
11.71×
Q4 24
Q3 24
76.56×
Q2 24
Q1 24
4.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PATH
PATH

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

RELY
RELY

Segment breakdown not available.

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