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传奇娱乐（ACEL）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
UiPath, Inc.的季度营收约是传奇娱乐的1.2倍（$411.1M vs $341.4M），UiPath, Inc.净利率更高（48.4% vs 4.7%，领先43.6%），UiPath, Inc.同比增速更快（15.9% vs 7.5%），UiPath, Inc.自由现金流更多（$25.1M vs $16.0M），过去两年传奇娱乐的营收复合增速更高（6.4% vs 0.7%）
传奇娱乐是一家美国大众传媒与电影制作公司，总部位于加利福尼亚州伯班克，由托马斯·图尔于2000年创立。该公司长期与华纳兄弟影业、环球影业、索尼影视、派拉蒙影业等主流制片厂，以及网飞、葫芦等流媒体平台展开合作。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
ACEL vs PATH — 直观对比
营收规模更大
PATH
是对方的1.2倍
$341.4M
营收增速更快
PATH
高出8.4%
7.5%
净利率更高
PATH
高出43.6%
4.7%
自由现金流更多
PATH
多$9.1M
$16.0M
两年增速更快
ACEL
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $341.4M | $411.1M |
| 净利润 | $16.2M | $198.8M |
| 毛利率 | — | 83.3% |
| 营业利润率 | 8.7% | 3.2% |
| 净利率 | 4.7% | 48.4% |
| 营收同比 | 7.5% | 15.9% |
| 净利润同比 | 93.3% | 1966.2% |
| 每股收益（稀释后） | $0.19 | $0.37 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ACELPATH
| Q4 25 | $341.4M | $411.1M | ||
| Q3 25 | $329.7M | $361.7M | ||
| Q2 25 | $335.9M | $356.6M | ||
| Q1 25 | $323.9M | $423.6M | ||
| Q4 24 | $317.5M | $354.7M | ||
| Q3 24 | $302.2M | $316.3M | ||
| Q2 24 | $309.4M | $335.1M | ||
| Q1 24 | $301.8M | $405.3M |
净利润ACELPATH
| Q4 25 | $16.2M | $198.8M | ||
| Q3 25 | $13.4M | $1.6M | ||
| Q2 25 | $7.3M | $-22.6M | ||
| Q1 25 | $14.6M | $51.8M | ||
| Q4 24 | $8.4M | $-10.7M | ||
| Q3 24 | $4.9M | $-86.1M | ||
| Q2 24 | $14.6M | $-28.7M | ||
| Q1 24 | $7.4M | $33.9M |
毛利率ACELPATH
| 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% |
营业利润率ACELPATH
| Q4 25 | 8.7% | 3.2% | ||
| Q3 25 | 7.7% | -5.6% | ||
| Q2 25 | 8.0% | -4.6% | ||
| Q1 25 | 8.0% | 7.9% | ||
| Q4 24 | 6.5% | -12.2% | ||
| Q3 24 | 7.2% | -32.7% | ||
| Q2 24 | 7.3% | -14.8% | ||
| Q1 24 | 8.5% | 3.7% |
净利率ACELPATH
| Q4 25 | 4.7% | 48.4% | ||
| Q3 25 | 4.1% | 0.4% | ||
| Q2 25 | 2.2% | -6.3% | ||
| Q1 25 | 4.5% | 12.2% | ||
| Q4 24 | 2.6% | -3.0% | ||
| Q3 24 | 1.6% | -27.2% | ||
| Q2 24 | 4.7% | -8.6% | ||
| Q1 24 | 2.5% | 8.4% |
每股收益（稀释后）ACELPATH
| Q4 25 | $0.19 | $0.37 | ||
| Q3 25 | $0.16 | $0.00 | ||
| Q2 25 | $0.08 | $-0.04 | ||
| Q1 25 | $0.17 | $0.09 | ||
| Q4 24 | $0.09 | $-0.02 | ||
| Q3 24 | $0.06 | $-0.15 | ||
| Q2 24 | $0.17 | $-0.05 | ||
| Q1 24 | $0.09 | $0.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $296.6M | $1.4B |
| 总债务越低越好 | $607.4M | — |
| 股东权益账面价值 | $269.7M | $1.9B |
| 总资产 | $1.1B | $2.9B |
| 负债/权益比越低杠杆越低 | 2.25× | — |
8季度趋势，按日历期对齐
现金及短期投资ACELPATH
| Q4 25 | $296.6M | $1.4B | ||
| Q3 25 | $290.2M | $1.4B | ||
| Q2 25 | $264.6M | $1.6B | ||
| Q1 25 | $271.9M | $1.6B | ||
| Q4 24 | $281.3M | $1.6B | ||
| Q3 24 | $265.1M | $1.7B | ||
| Q2 24 | $254.9M | $1.9B | ||
| Q1 24 | $253.9M | $1.9B |
总债务ACELPATH
| Q4 25 | $607.4M | — | ||
| Q3 25 | $595.4M | — | ||
| Q2 25 | $595.5M | — | ||
| Q1 25 | $580.7M | — | ||
| Q4 24 | $595.4M | — | ||
| Q3 24 | $554.1M | — | ||
| Q2 24 | $565.7M | — | ||
| Q1 24 | $539.9M | — |
股东权益ACELPATH
| Q4 25 | $269.7M | $1.9B | ||
| Q3 25 | $267.1M | $1.7B | ||
| Q2 25 | $260.5M | $1.7B | ||
| Q1 25 | $259.1M | $1.8B | ||
| Q4 24 | $255.0M | $1.7B | ||
| Q3 24 | $206.7M | $1.8B | ||
| Q2 24 | $209.1M | $2.0B | ||
| Q1 24 | $202.1M | $2.0B |
总资产ACELPATH
| Q4 25 | $1.1B | $2.9B | ||
| Q3 25 | $1.1B | $2.6B | ||
| Q2 25 | $1.1B | $2.6B | ||
| Q1 25 | $1.0B | $2.9B | ||
| Q4 24 | $1.0B | $2.7B | ||
| Q3 24 | $950.2M | $2.7B | ||
| Q2 24 | $950.3M | $2.8B | ||
| Q1 24 | $919.1M | $3.0B |
负债/权益比ACELPATH
| Q4 25 | 2.25× | — | ||
| Q3 25 | 2.23× | — | ||
| Q2 25 | 2.29× | — | ||
| Q1 25 | 2.24× | — | ||
| Q4 24 | 2.33× | — | ||
| Q3 24 | 2.68× | — | ||
| Q2 24 | 2.71× | — | ||
| Q1 24 | 2.67× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $31.1M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $16.0M | $25.1M |
| 自由现金流率自由现金流/营收 | 4.7% | 6.1% |
| 资本支出强度资本支出/营收 | 4.4% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.92× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $62.0M | — |
8季度趋势，按日历期对齐
经营现金流ACELPATH
| Q4 25 | $31.1M | $28.3M | ||
| Q3 25 | $55.2M | $41.6M | ||
| Q2 25 | $19.8M | $119.0M | ||
| Q1 25 | $44.8M | $146.1M | ||
| Q4 24 | $13.5M | $28.1M | ||
| Q3 24 | $50.1M | $46.4M | ||
| Q2 24 | $28.9M | $100.0M | ||
| Q1 24 | $28.8M | $145.6M |
自由现金流ACELPATH
| Q4 25 | $16.0M | $25.1M | ||
| Q3 25 | $34.2M | — | ||
| Q2 25 | $-6.2M | $106.2M | ||
| Q1 25 | $18.0M | $138.7M | ||
| Q4 24 | $2.1M | $23.2M | ||
| Q3 24 | $33.1M | $45.0M | ||
| Q2 24 | $11.4M | $98.8M | ||
| Q1 24 | $8.1M | $141.8M |
自由现金流率ACELPATH
| Q4 25 | 4.7% | 6.1% | ||
| Q3 25 | 10.4% | — | ||
| Q2 25 | -1.9% | 29.8% | ||
| Q1 25 | 5.6% | 32.7% | ||
| Q4 24 | 0.7% | 6.5% | ||
| Q3 24 | 11.0% | 14.2% | ||
| Q2 24 | 3.7% | 29.5% | ||
| Q1 24 | 2.7% | 35.0% |
资本支出强度ACELPATH
| Q4 25 | 4.4% | 0.8% | ||
| Q3 25 | 6.4% | 0.0% | ||
| Q2 25 | 7.8% | 3.6% | ||
| Q1 25 | 8.3% | 1.7% | ||
| Q4 24 | 3.6% | 1.4% | ||
| Q3 24 | 5.6% | 0.4% | ||
| Q2 24 | 5.7% | 0.4% | ||
| Q1 24 | 6.8% | 0.9% |
现金转化率ACELPATH
| Q4 25 | 1.92× | 0.14× | ||
| Q3 25 | 4.13× | 26.25× | ||
| Q2 25 | 2.71× | — | ||
| Q1 25 | 3.06× | 2.82× | ||
| Q4 24 | 1.62× | — | ||
| Q3 24 | 10.23× | — | ||
| Q2 24 | 1.98× | — | ||
| Q1 24 | 3.88× | 4.29× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ACEL
| Video Gaming | $319.1M | 93% |
| ATM Fees And Other Revenue | $13.5M | 4% |
| Amusement | $5.3M | 2% |
| Manufacturing | $3.6M | 1% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
