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

UiPath, Inc. is the larger business by last-quarter revenue ($411.1M vs $343.4M, roughly 1.2× TREX CO INC). UiPath, Inc. runs the higher net margin — 48.4% vs 17.9%, a 30.5% gap on every dollar of revenue. On growth, UiPath, Inc. posted the faster year-over-year revenue change (15.9% vs 1.0%). UiPath, Inc. produced more free cash flow last quarter ($25.1M vs $-143.4M). Over the past eight quarters, UiPath, Inc.'s revenue compounded faster (0.7% CAGR vs -4.5%).

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.

Trex Company, Inc. is a manufacturer of wood-alternative composite decking, residential railing, and other outdoor items made from recycled materials. Its headquarters is in Winchester, Virginia.

PATH vs TREX — Head-to-Head

Bigger by revenue
PATH
PATH
1.2× larger
PATH
$411.1M
$343.4M
TREX
Growing faster (revenue YoY)
PATH
PATH
+14.9% gap
PATH
15.9%
1.0%
TREX
Higher net margin
PATH
PATH
30.5% more per $
PATH
48.4%
17.9%
TREX
More free cash flow
PATH
PATH
$168.5M more FCF
PATH
$25.1M
$-143.4M
TREX
Faster 2-yr revenue CAGR
PATH
PATH
Annualised
PATH
0.7%
-4.5%
TREX

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
PATH
PATH
TREX
TREX
Revenue
$411.1M
$343.4M
Net Profit
$198.8M
$61.4M
Gross Margin
83.3%
40.5%
Operating Margin
3.2%
24.3%
Net Margin
48.4%
17.9%
Revenue YoY
15.9%
1.0%
Net Profit YoY
1966.2%
1.6%
EPS (diluted)
$0.37
$0.58

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
TREX
TREX
Q1 26
$343.4M
Q4 25
$411.1M
$161.1M
Q3 25
$361.7M
$285.3M
Q2 25
$356.6M
$387.8M
Q1 25
$423.6M
$340.0M
Q4 24
$354.7M
$167.6M
Q3 24
$316.3M
$233.7M
Q2 24
$335.1M
$376.5M
Net Profit
PATH
PATH
TREX
TREX
Q1 26
$61.4M
Q4 25
$198.8M
$2.3M
Q3 25
$1.6M
$51.8M
Q2 25
$-22.6M
$75.9M
Q1 25
$51.8M
$60.4M
Q4 24
$-10.7M
$9.8M
Q3 24
$-86.1M
$40.6M
Q2 24
$-28.7M
$87.0M
Gross Margin
PATH
PATH
TREX
TREX
Q1 26
40.5%
Q4 25
83.3%
30.2%
Q3 25
82.2%
40.5%
Q2 25
82.1%
40.8%
Q1 25
84.8%
40.5%
Q4 24
82.0%
32.7%
Q3 24
80.0%
39.9%
Q2 24
83.5%
44.7%
Operating Margin
PATH
PATH
TREX
TREX
Q1 26
24.3%
Q4 25
3.2%
2.2%
Q3 25
-5.6%
24.7%
Q2 25
-4.6%
26.4%
Q1 25
7.9%
24.0%
Q4 24
-12.2%
9.2%
Q3 24
-32.7%
23.2%
Q2 24
-14.8%
31.1%
Net Margin
PATH
PATH
TREX
TREX
Q1 26
17.9%
Q4 25
48.4%
1.4%
Q3 25
0.4%
18.1%
Q2 25
-6.3%
19.6%
Q1 25
12.2%
17.8%
Q4 24
-3.0%
5.8%
Q3 24
-27.2%
17.4%
Q2 24
-8.6%
23.1%
EPS (diluted)
PATH
PATH
TREX
TREX
Q1 26
$0.58
Q4 25
$0.37
$0.03
Q3 25
$0.00
$0.48
Q2 25
$-0.04
$0.71
Q1 25
$0.09
$0.56
Q4 24
$-0.02
$0.10
Q3 24
$-0.15
$0.37
Q2 24
$-0.05
$0.80

Balance Sheet & Financial Strength

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

Metric
PATH
PATH
TREX
TREX
Cash + ST InvestmentsLiquidity on hand
$1.4B
$4.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$995.8M
Total Assets
$2.9B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PATH
PATH
TREX
TREX
Q1 26
$4.5M
Q4 25
$1.4B
$3.8M
Q3 25
$1.4B
$11.4M
Q2 25
$1.6B
$5.5M
Q1 25
$1.6B
$5.0M
Q4 24
$1.6B
$1.3M
Q3 24
$1.7B
$12.8M
Q2 24
$1.9B
$1.2M
Stockholders' Equity
PATH
PATH
TREX
TREX
Q1 26
$995.8M
Q4 25
$1.9B
$1.0B
Q3 25
$1.7B
$1.0B
Q2 25
$1.7B
$989.3M
Q1 25
$1.8B
$910.1M
Q4 24
$1.7B
$850.1M
Q3 24
$1.8B
$887.9M
Q2 24
$2.0B
$894.9M
Total Assets
PATH
PATH
TREX
TREX
Q1 26
$1.7B
Q4 25
$2.9B
$1.5B
Q3 25
$2.6B
$1.5B
Q2 25
$2.6B
$1.5B
Q1 25
$2.9B
$1.6B
Q4 24
$2.7B
$1.3B
Q3 24
$2.7B
$1.3B
Q2 24
$2.8B
$1.3B

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
TREX
TREX
Operating Cash FlowLast quarter
$28.3M
$-118.4M
Free Cash FlowOCF − Capex
$25.1M
$-143.4M
FCF MarginFCF / Revenue
6.1%
-41.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
0.14×
-1.93×
TTM Free Cash FlowTrailing 4 quarters
$224.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PATH
PATH
TREX
TREX
Q1 26
$-118.4M
Q4 25
$28.3M
$65.5M
Q3 25
$41.6M
$196.9M
Q2 25
$119.0M
$249.8M
Q1 25
$146.1M
$-154.0M
Q4 24
$28.1M
$-8.5M
Q3 24
$46.4M
$132.8M
Q2 24
$100.0M
$193.7M
Free Cash Flow
PATH
PATH
TREX
TREX
Q1 26
$-143.4M
Q4 25
$25.1M
$22.1M
Q3 25
$142.9M
Q2 25
$106.2M
$203.0M
Q1 25
$138.7M
$-233.5M
Q4 24
$23.2M
$-89.3M
Q3 24
$45.0M
$54.5M
Q2 24
$98.8M
$158.2M
FCF Margin
PATH
PATH
TREX
TREX
Q1 26
-41.8%
Q4 25
6.1%
13.7%
Q3 25
50.1%
Q2 25
29.8%
52.3%
Q1 25
32.7%
-68.7%
Q4 24
6.5%
-53.3%
Q3 24
14.2%
23.3%
Q2 24
29.5%
42.0%
Capex Intensity
PATH
PATH
TREX
TREX
Q1 26
Q4 25
0.8%
26.9%
Q3 25
0.0%
18.9%
Q2 25
3.6%
12.1%
Q1 25
1.7%
23.4%
Q4 24
1.4%
48.2%
Q3 24
0.4%
33.5%
Q2 24
0.4%
9.4%
Cash Conversion
PATH
PATH
TREX
TREX
Q1 26
-1.93×
Q4 25
0.14×
28.45×
Q3 25
26.25×
3.80×
Q2 25
3.29×
Q1 25
2.82×
-2.55×
Q4 24
-0.87×
Q3 24
3.27×
Q2 24
2.23×

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%

TREX
TREX

Segment breakdown not available.

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