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

UiPath, Inc. is the larger business by last-quarter revenue ($411.1M vs $393.0M, roughly 1.0× Viper Energy, Inc.). UiPath, Inc. runs the higher net margin — 48.4% vs -19.6%, a 68.0% gap on every dollar of revenue. On growth, Viper Energy, Inc. posted the faster year-over-year revenue change (88.0% vs 15.9%).

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.

Commonwealth Fusion Systems (CFS) is an American fusion power company founded in 2018 in Cambridge, Massachusetts, after a spin-off from the Massachusetts Institute of Technology (MIT). Its stated goal is to build a small fusion power plant based on the ARC tokamak design. It has participated in the United States Department of Energy’s INFUSE public-private knowledge innovation scheme with several national labs and universities.

PATH vs VNOM — Head-to-Head

Bigger by revenue
PATH
PATH
1.0× larger
PATH
$411.1M
$393.0M
VNOM
Growing faster (revenue YoY)
VNOM
VNOM
+72.1% gap
VNOM
88.0%
15.9%
PATH
Higher net margin
PATH
PATH
68.0% more per $
PATH
48.4%
-19.6%
VNOM

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
PATH
PATH
VNOM
VNOM
Revenue
$411.1M
$393.0M
Net Profit
$198.8M
$-77.0M
Gross Margin
83.3%
Operating Margin
3.2%
-44.8%
Net Margin
48.4%
-19.6%
Revenue YoY
15.9%
88.0%
Net Profit YoY
1966.2%
-257.1%
EPS (diluted)
$0.37
$-0.52

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
VNOM
VNOM
Q4 25
$411.1M
Q3 25
$361.7M
$393.0M
Q2 25
$356.6M
Q1 25
$423.6M
Q4 24
$354.7M
Q3 24
$316.3M
$209.0M
Q2 24
$335.1M
Q1 24
$405.3M
Net Profit
PATH
PATH
VNOM
VNOM
Q4 25
$198.8M
Q3 25
$1.6M
$-77.0M
Q2 25
$-22.6M
Q1 25
$51.8M
Q4 24
$-10.7M
Q3 24
$-86.1M
$49.0M
Q2 24
$-28.7M
Q1 24
$33.9M
Gross Margin
PATH
PATH
VNOM
VNOM
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
VNOM
VNOM
Q4 25
3.2%
Q3 25
-5.6%
-44.8%
Q2 25
-4.6%
Q1 25
7.9%
Q4 24
-12.2%
Q3 24
-32.7%
65.1%
Q2 24
-14.8%
Q1 24
3.7%
Net Margin
PATH
PATH
VNOM
VNOM
Q4 25
48.4%
Q3 25
0.4%
-19.6%
Q2 25
-6.3%
Q1 25
12.2%
Q4 24
-3.0%
Q3 24
-27.2%
23.4%
Q2 24
-8.6%
Q1 24
8.4%
EPS (diluted)
PATH
PATH
VNOM
VNOM
Q4 25
$0.37
Q3 25
$0.00
$-0.52
Q2 25
$-0.04
Q1 25
$0.09
Q4 24
$-0.02
Q3 24
$-0.15
$0.52
Q2 24
$-0.05
Q1 24
$0.07

Balance Sheet & Financial Strength

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

Metric
PATH
PATH
VNOM
VNOM
Cash + ST InvestmentsLiquidity on hand
$1.4B
$53.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$4.6B
Total Assets
$2.9B
$13.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PATH
PATH
VNOM
VNOM
Q4 25
$1.4B
Q3 25
$1.4B
$53.0M
Q2 25
$1.6B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.7B
Q2 24
$1.9B
Q1 24
$1.9B
Stockholders' Equity
PATH
PATH
VNOM
VNOM
Q4 25
$1.9B
Q3 25
$1.7B
$4.6B
Q2 25
$1.7B
Q1 25
$1.8B
Q4 24
$1.7B
Q3 24
$1.8B
$3.3B
Q2 24
$2.0B
Q1 24
$2.0B
Total Assets
PATH
PATH
VNOM
VNOM
Q4 25
$2.9B
Q3 25
$2.6B
$13.7B
Q2 25
$2.6B
Q1 25
$2.9B
Q4 24
$2.7B
Q3 24
$2.7B
Q2 24
$2.8B
Q1 24
$3.0B

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
VNOM
VNOM
Operating Cash FlowLast quarter
$28.3M
$654.0M
Free Cash FlowOCF − Capex
$25.1M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
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
PATH
PATH
VNOM
VNOM
Q4 25
$28.3M
Q3 25
$41.6M
$654.0M
Q2 25
$119.0M
Q1 25
$146.1M
Q4 24
$28.1M
Q3 24
$46.4M
Q2 24
$100.0M
Q1 24
$145.6M
Free Cash Flow
PATH
PATH
VNOM
VNOM
Q4 25
$25.1M
Q3 25
Q2 25
$106.2M
Q1 25
$138.7M
Q4 24
$23.2M
Q3 24
$45.0M
Q2 24
$98.8M
Q1 24
$141.8M
FCF Margin
PATH
PATH
VNOM
VNOM
Q4 25
6.1%
Q3 25
Q2 25
29.8%
Q1 25
32.7%
Q4 24
6.5%
Q3 24
14.2%
Q2 24
29.5%
Q1 24
35.0%
Capex Intensity
PATH
PATH
VNOM
VNOM
Q4 25
0.8%
Q3 25
0.0%
Q2 25
3.6%
Q1 25
1.7%
Q4 24
1.4%
Q3 24
0.4%
Q2 24
0.4%
Q1 24
0.9%
Cash Conversion
PATH
PATH
VNOM
VNOM
Q4 25
0.14×
Q3 25
26.25×
Q2 25
Q1 25
2.82×
Q4 24
Q3 24
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%

VNOM
VNOM

Oil Income$332.0M84%
Natural Gas Liquids Income$46.0M12%
Natural Gas Income$15.0M4%

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