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

Vestis Corp is the larger business by last-quarter revenue ($663.4M vs $411.1M, roughly 1.6× UiPath, Inc.). UiPath, Inc. runs the higher net margin — 48.4% vs -1.0%, a 49.3% gap on every dollar of revenue. On growth, UiPath, Inc. posted the faster year-over-year revenue change (15.9% vs -3.0%). Vestis Corp produced more free cash flow last quarter ($28.3M vs $25.1M). Over the past eight quarters, UiPath, Inc.'s revenue compounded faster (0.7% CAGR vs -3.0%).

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.

Vestis Corp is a leading provider of workplace uniforms, safety apparel, and facility service solutions. It primarily operates across North America, serving clients in healthcare, manufacturing, retail, hospitality, and public service sectors, offering customized uniform rental, cleaning, and maintenance programs tailored to varied business operational requirements.

PATH vs VSTS — Head-to-Head

Bigger by revenue
VSTS
VSTS
1.6× larger
VSTS
$663.4M
$411.1M
PATH
Growing faster (revenue YoY)
PATH
PATH
+18.9% gap
PATH
15.9%
-3.0%
VSTS
Higher net margin
PATH
PATH
49.3% more per $
PATH
48.4%
-1.0%
VSTS
More free cash flow
VSTS
VSTS
$3.2M more FCF
VSTS
$28.3M
$25.1M
PATH
Faster 2-yr revenue CAGR
PATH
PATH
Annualised
PATH
0.7%
-3.0%
VSTS

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
PATH
PATH
VSTS
VSTS
Revenue
$411.1M
$663.4M
Net Profit
$198.8M
$-6.4M
Gross Margin
83.3%
Operating Margin
3.2%
2.5%
Net Margin
48.4%
-1.0%
Revenue YoY
15.9%
-3.0%
Net Profit YoY
1966.2%
-868.1%
EPS (diluted)
$0.37
$-0.05

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
VSTS
VSTS
Q1 26
$663.4M
Q4 25
$411.1M
$712.0M
Q3 25
$361.7M
Q2 25
$356.6M
$673.8M
Q1 25
$423.6M
$665.2M
Q4 24
$354.7M
$683.8M
Q3 24
$316.3M
$684.3M
Q2 24
$335.1M
$698.2M
Net Profit
PATH
PATH
VSTS
VSTS
Q1 26
$-6.4M
Q4 25
$198.8M
$-12.5M
Q3 25
$1.6M
Q2 25
$-22.6M
$-676.0K
Q1 25
$51.8M
$-27.8M
Q4 24
$-10.7M
$832.0K
Q3 24
$-86.1M
$-2.3M
Q2 24
$-28.7M
$5.0M
Gross Margin
PATH
PATH
VSTS
VSTS
Q1 26
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%
Operating Margin
PATH
PATH
VSTS
VSTS
Q1 26
2.5%
Q4 25
3.2%
2.5%
Q3 25
-5.6%
Q2 25
-4.6%
3.7%
Q1 25
7.9%
-1.3%
Q4 24
-12.2%
4.4%
Q3 24
-32.7%
4.4%
Q2 24
-14.8%
5.4%
Net Margin
PATH
PATH
VSTS
VSTS
Q1 26
-1.0%
Q4 25
48.4%
-1.8%
Q3 25
0.4%
Q2 25
-6.3%
-0.1%
Q1 25
12.2%
-4.2%
Q4 24
-3.0%
0.1%
Q3 24
-27.2%
-0.3%
Q2 24
-8.6%
0.7%
EPS (diluted)
PATH
PATH
VSTS
VSTS
Q1 26
$-0.05
Q4 25
$0.37
$-0.10
Q3 25
$0.00
Q2 25
$-0.04
$-0.01
Q1 25
$0.09
$-0.21
Q4 24
$-0.02
$0.01
Q3 24
$-0.15
$-0.02
Q2 24
$-0.05
$0.04

Balance Sheet & Financial Strength

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

Metric
PATH
PATH
VSTS
VSTS
Cash + ST InvestmentsLiquidity on hand
$1.4B
$41.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$864.4M
Total Assets
$2.9B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PATH
PATH
VSTS
VSTS
Q1 26
$41.5M
Q4 25
$1.4B
$29.7M
Q3 25
$1.4B
Q2 25
$1.6B
$23.7M
Q1 25
$1.6B
$28.8M
Q4 24
$1.6B
$18.6M
Q3 24
$1.7B
$31.0M
Q2 24
$1.9B
$29.1M
Total Debt
PATH
PATH
VSTS
VSTS
Q1 26
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.2B
Q2 24
Stockholders' Equity
PATH
PATH
VSTS
VSTS
Q1 26
$864.4M
Q4 25
$1.9B
$865.6M
Q3 25
$1.7B
Q2 25
$1.7B
$882.2M
Q1 25
$1.8B
$876.3M
Q4 24
$1.7B
$899.6M
Q3 24
$1.8B
$903.1M
Q2 24
$2.0B
$901.2M
Total Assets
PATH
PATH
VSTS
VSTS
Q1 26
$2.9B
Q4 25
$2.9B
$2.9B
Q3 25
$2.6B
Q2 25
$2.6B
$2.9B
Q1 25
$2.9B
$2.9B
Q4 24
$2.7B
$2.9B
Q3 24
$2.7B
$2.9B
Q2 24
$2.8B
$3.1B
Debt / Equity
PATH
PATH
VSTS
VSTS
Q1 26
Q4 25
1.35×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
1.29×
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
PATH
PATH
VSTS
VSTS
Operating Cash FlowLast quarter
$28.3M
$37.7M
Free Cash FlowOCF − Capex
$25.1M
$28.3M
FCF MarginFCF / Revenue
6.1%
4.3%
Capex IntensityCapex / Revenue
0.8%
1.4%
Cash ConversionOCF / Net Profit
0.14×
TTM Free Cash FlowTrailing 4 quarters
$45.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PATH
PATH
VSTS
VSTS
Q1 26
$37.7M
Q4 25
$28.3M
$30.9M
Q3 25
$41.6M
Q2 25
$119.0M
$22.9M
Q1 25
$146.1M
$6.7M
Q4 24
$28.1M
$3.8M
Q3 24
$46.4M
$295.6M
Q2 24
$100.0M
$48.7M
Free Cash Flow
PATH
PATH
VSTS
VSTS
Q1 26
$28.3M
Q4 25
$25.1M
$15.6M
Q3 25
Q2 25
$106.2M
$8.0M
Q1 25
$138.7M
$-6.9M
Q4 24
$23.2M
$-11.0M
Q3 24
$45.0M
$267.5M
Q2 24
$98.8M
$27.7M
FCF Margin
PATH
PATH
VSTS
VSTS
Q1 26
4.3%
Q4 25
6.1%
2.2%
Q3 25
Q2 25
29.8%
1.2%
Q1 25
32.7%
-1.0%
Q4 24
6.5%
-1.6%
Q3 24
14.2%
39.1%
Q2 24
29.5%
4.0%
Capex Intensity
PATH
PATH
VSTS
VSTS
Q1 26
1.4%
Q4 25
0.8%
2.2%
Q3 25
0.0%
Q2 25
3.6%
2.2%
Q1 25
1.7%
2.0%
Q4 24
1.4%
2.2%
Q3 24
0.4%
4.1%
Q2 24
0.4%
3.0%
Cash Conversion
PATH
PATH
VSTS
VSTS
Q1 26
Q4 25
0.14×
Q3 25
26.25×
Q2 25
Q1 25
2.82×
Q4 24
4.54×
Q3 24
Q2 24
9.66×

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%

VSTS
VSTS

Workplace Supplies$375.2M57%
Uniforms$227.7M34%
Other$60.5M9%

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