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Side-by-side financial comparison of UiPath, Inc. (PATH) and UNITED THERAPEUTICS Corp (UTHR). Click either name above to swap in a different company.

UNITED THERAPEUTICS Corp is the larger business by last-quarter revenue ($790.2M vs $411.1M, roughly 1.9× UiPath, Inc.). UiPath, Inc. runs the higher net margin — 48.4% vs 46.1%, a 2.3% gap on every dollar of revenue. On growth, UiPath, Inc. posted the faster year-over-year revenue change (15.9% vs 7.4%). UNITED THERAPEUTICS Corp produced more free cash flow last quarter ($173.3M vs $25.1M). Over the past eight quarters, UNITED THERAPEUTICS Corp's revenue compounded faster (8.0% 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.

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

PATH vs UTHR — Head-to-Head

Bigger by revenue
UTHR
UTHR
1.9× larger
UTHR
$790.2M
$411.1M
PATH
Growing faster (revenue YoY)
PATH
PATH
+8.5% gap
PATH
15.9%
7.4%
UTHR
Higher net margin
PATH
PATH
2.3% more per $
PATH
48.4%
46.1%
UTHR
More free cash flow
UTHR
UTHR
$148.2M more FCF
UTHR
$173.3M
$25.1M
PATH
Faster 2-yr revenue CAGR
UTHR
UTHR
Annualised
UTHR
8.0%
0.7%
PATH

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PATH
PATH
UTHR
UTHR
Revenue
$411.1M
$790.2M
Net Profit
$198.8M
$364.3M
Gross Margin
83.3%
86.9%
Operating Margin
3.2%
45.1%
Net Margin
48.4%
46.1%
Revenue YoY
15.9%
7.4%
Net Profit YoY
1966.2%
20.9%
EPS (diluted)
$0.37
$7.66

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
UTHR
UTHR
Q4 25
$411.1M
$790.2M
Q3 25
$361.7M
$799.5M
Q2 25
$356.6M
$798.6M
Q1 25
$423.6M
$794.4M
Q4 24
$354.7M
$735.9M
Q3 24
$316.3M
$748.9M
Q2 24
$335.1M
$714.9M
Q1 24
$405.3M
$677.7M
Net Profit
PATH
PATH
UTHR
UTHR
Q4 25
$198.8M
$364.3M
Q3 25
$1.6M
$338.7M
Q2 25
$-22.6M
$309.5M
Q1 25
$51.8M
$322.2M
Q4 24
$-10.7M
$301.3M
Q3 24
$-86.1M
$309.1M
Q2 24
$-28.7M
$278.1M
Q1 24
$33.9M
$306.6M
Gross Margin
PATH
PATH
UTHR
UTHR
Q4 25
83.3%
86.9%
Q3 25
82.2%
87.4%
Q2 25
82.1%
89.0%
Q1 25
84.8%
88.4%
Q4 24
82.0%
89.7%
Q3 24
80.0%
88.9%
Q2 24
83.5%
89.1%
Q1 24
86.8%
89.2%
Operating Margin
PATH
PATH
UTHR
UTHR
Q4 25
3.2%
45.1%
Q3 25
-5.6%
48.6%
Q2 25
-4.6%
45.6%
Q1 25
7.9%
48.2%
Q4 24
-12.2%
48.6%
Q3 24
-32.7%
45.8%
Q2 24
-14.8%
44.7%
Q1 24
3.7%
52.6%
Net Margin
PATH
PATH
UTHR
UTHR
Q4 25
48.4%
46.1%
Q3 25
0.4%
42.4%
Q2 25
-6.3%
38.8%
Q1 25
12.2%
40.6%
Q4 24
-3.0%
40.9%
Q3 24
-27.2%
41.3%
Q2 24
-8.6%
38.9%
Q1 24
8.4%
45.2%
EPS (diluted)
PATH
PATH
UTHR
UTHR
Q4 25
$0.37
$7.66
Q3 25
$0.00
$7.16
Q2 25
$-0.04
$6.41
Q1 25
$0.09
$6.63
Q4 24
$-0.02
$6.23
Q3 24
$-0.15
$6.39
Q2 24
$-0.05
$5.85
Q1 24
$0.07
$6.17

Balance Sheet & Financial Strength

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

Metric
PATH
PATH
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$1.4B
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$7.1B
Total Assets
$2.9B
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PATH
PATH
UTHR
UTHR
Q4 25
$1.4B
$2.9B
Q3 25
$1.4B
$2.8B
Q2 25
$1.6B
$3.0B
Q1 25
$1.6B
$3.3B
Q4 24
$1.6B
$3.3B
Q3 24
$1.7B
$3.3B
Q2 24
$1.9B
$3.0B
Q1 24
$1.9B
$2.7B
Stockholders' Equity
PATH
PATH
UTHR
UTHR
Q4 25
$1.9B
$7.1B
Q3 25
$1.7B
$6.6B
Q2 25
$1.7B
$7.2B
Q1 25
$1.8B
$6.8B
Q4 24
$1.7B
$6.4B
Q3 24
$1.8B
$6.1B
Q2 24
$2.0B
$5.7B
Q1 24
$2.0B
$5.3B
Total Assets
PATH
PATH
UTHR
UTHR
Q4 25
$2.9B
$7.9B
Q3 25
$2.6B
$7.4B
Q2 25
$2.6B
$7.9B
Q1 25
$2.9B
$7.7B
Q4 24
$2.7B
$7.4B
Q3 24
$2.7B
$7.1B
Q2 24
$2.8B
$6.7B
Q1 24
$3.0B
$6.5B

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
UTHR
UTHR
Operating Cash FlowLast quarter
$28.3M
$346.2M
Free Cash FlowOCF − Capex
$25.1M
$173.3M
FCF MarginFCF / Revenue
6.1%
21.9%
Capex IntensityCapex / Revenue
0.8%
21.9%
Cash ConversionOCF / Net Profit
0.14×
0.95×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PATH
PATH
UTHR
UTHR
Q4 25
$28.3M
$346.2M
Q3 25
$41.6M
$562.1M
Q2 25
$119.0M
$191.7M
Q1 25
$146.1M
$461.2M
Q4 24
$28.1M
$341.2M
Q3 24
$46.4M
$377.2M
Q2 24
$100.0M
$232.2M
Q1 24
$145.6M
$376.5M
Free Cash Flow
PATH
PATH
UTHR
UTHR
Q4 25
$25.1M
$173.3M
Q3 25
$351.6M
Q2 25
$106.2M
$129.5M
Q1 25
$138.7M
$386.3M
Q4 24
$23.2M
$254.5M
Q3 24
$45.0M
$300.7M
Q2 24
$98.8M
$187.1M
Q1 24
$141.8M
$338.3M
FCF Margin
PATH
PATH
UTHR
UTHR
Q4 25
6.1%
21.9%
Q3 25
44.0%
Q2 25
29.8%
16.2%
Q1 25
32.7%
48.6%
Q4 24
6.5%
34.6%
Q3 24
14.2%
40.2%
Q2 24
29.5%
26.2%
Q1 24
35.0%
49.9%
Capex Intensity
PATH
PATH
UTHR
UTHR
Q4 25
0.8%
21.9%
Q3 25
0.0%
26.3%
Q2 25
3.6%
7.8%
Q1 25
1.7%
9.4%
Q4 24
1.4%
11.8%
Q3 24
0.4%
10.2%
Q2 24
0.4%
6.3%
Q1 24
0.9%
5.6%
Cash Conversion
PATH
PATH
UTHR
UTHR
Q4 25
0.14×
0.95×
Q3 25
26.25×
1.66×
Q2 25
0.62×
Q1 25
2.82×
1.43×
Q4 24
1.13×
Q3 24
1.22×
Q2 24
0.83×
Q1 24
4.29×
1.23×

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%

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

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