vs
Alight, Inc.（ALIT）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
Alight, Inc.的季度营收约是UiPath, Inc.的1.6倍（$653.0M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs -142.7%，领先191.1%），UiPath, Inc.同比增速更快（15.9% vs -4.0%），Alight, Inc.自由现金流更多（$99.0M vs $25.1M），过去两年Alight, Inc.的营收复合增速更高（8.1% vs 0.7%）
Alight公司是一家美国信息技术与咨询企业，专注于人力资源相关业务，主打基于云的系统服务、业务外包与咨询服务，为大型企业提供人力资本管理平台与外包方案，业务范围涵盖健康福利管理、财务管理以及退休规划等领域。
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。
ALIT vs PATH — 直观对比
营收规模更大
ALIT
是对方的1.6倍
$411.1M
营收增速更快
PATH
高出19.9%
-4.0%
净利率更高
PATH
高出191.1%
-142.7%
自由现金流更多
ALIT
多$73.9M
$25.1M
两年增速更快
ALIT
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $653.0M | $411.1M |
| 净利润 | $-932.0M | $198.8M |
| 毛利率 | 36.8% | 83.3% |
| 营业利润率 | -114.9% | 3.2% |
| 净利率 | -142.7% | 48.4% |
| 营收同比 | -4.0% | 15.9% |
| 净利润同比 | -11750.0% | 1966.2% |
| 每股收益（稀释后） | $-1.77 | $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ALITPATH
| Q4 25 | $653.0M | $411.1M | ||
| Q3 25 | $533.0M | $361.7M | ||
| Q2 25 | $528.0M | $356.6M | ||
| Q1 25 | $548.0M | $423.6M | ||
| Q4 24 | $680.0M | $354.7M | ||
| Q3 24 | $555.0M | $316.3M | ||
| Q2 24 | $538.0M | $335.1M | ||
| Q1 24 | $559.0M | $405.3M |
净利润ALITPATH
| Q4 25 | $-932.0M | $198.8M | ||
| Q3 25 | $-1.1B | $1.6M | ||
| Q2 25 | $-1.1B | $-22.6M | ||
| Q1 25 | $-25.0M | $51.8M | ||
| Q4 24 | $8.0M | $-10.7M | ||
| Q3 24 | $-74.0M | $-86.1M | ||
| Q2 24 | $23.0M | $-28.7M | ||
| Q1 24 | $-114.0M | $33.9M |
毛利率ALITPATH
| Q4 25 | 36.8% | 83.3% | ||
| Q3 25 | 33.4% | 82.2% | ||
| Q2 25 | 33.3% | 82.1% | ||
| Q1 25 | 31.2% | 84.8% | ||
| Q4 24 | 39.9% | 82.0% | ||
| Q3 24 | 31.4% | 80.0% | ||
| Q2 24 | 31.0% | 83.5% | ||
| Q1 24 | 32.6% | 86.8% |
营业利润率ALITPATH
| Q4 25 | -114.9% | 3.2% | ||
| Q3 25 | -248.0% | -5.6% | ||
| Q2 25 | -191.3% | -4.6% | ||
| Q1 25 | -1.5% | 7.9% | ||
| Q4 24 | 6.5% | -12.2% | ||
| Q3 24 | -7.6% | -32.7% | ||
| Q2 24 | -9.7% | -14.8% | ||
| Q1 24 | -7.2% | 3.7% |
净利率ALITPATH
| Q4 25 | -142.7% | 48.4% | ||
| Q3 25 | -200.2% | 0.4% | ||
| Q2 25 | -203.2% | -6.3% | ||
| Q1 25 | -4.6% | 12.2% | ||
| Q4 24 | 1.2% | -3.0% | ||
| Q3 24 | -13.3% | -27.2% | ||
| Q2 24 | 4.3% | -8.6% | ||
| Q1 24 | -20.4% | 8.4% |
每股收益（稀释后）ALITPATH
| Q4 25 | $-1.77 | $0.37 | ||
| Q3 25 | $-2.02 | $0.00 | ||
| Q2 25 | $-2.03 | $-0.04 | ||
| Q1 25 | $-0.05 | $0.09 | ||
| Q4 24 | $0.02 | $-0.02 | ||
| Q3 24 | $-0.14 | $-0.15 | ||
| Q2 24 | $0.04 | $-0.05 | ||
| Q1 24 | $-0.21 | $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 | $273.0M | $1.4B |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $1.0B | $1.9B |
| 总资产 | $4.6B | $2.9B |
| 负债/权益比越低杠杆越低 | 1.92× | — |
8季度趋势，按日历期对齐
现金及短期投资ALITPATH
| Q4 25 | $273.0M | $1.4B | ||
| Q3 25 | $205.0M | $1.4B | ||
| Q2 25 | $227.0M | $1.6B | ||
| Q1 25 | $223.0M | $1.6B | ||
| Q4 24 | $343.0M | $1.6B | ||
| Q3 24 | $300.0M | $1.7B | ||
| Q2 24 | $183.0M | $1.9B | ||
| Q1 24 | $256.0M | $1.9B |
总债务ALITPATH
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.8B | — |
股东权益ALITPATH
| Q4 25 | $1.0B | $1.9B | ||
| Q3 25 | $2.0B | $1.7B | ||
| Q2 25 | $3.1B | $1.7B | ||
| Q1 25 | $4.2B | $1.8B | ||
| Q4 24 | $4.3B | $1.7B | ||
| Q3 24 | $4.3B | $1.8B | ||
| Q2 24 | $4.5B | $2.0B | ||
| Q1 24 | $4.5B | $2.0B |
总资产ALITPATH
| Q4 25 | $4.6B | $2.9B | ||
| Q3 25 | $5.5B | $2.6B | ||
| Q2 25 | $6.8B | $2.6B | ||
| Q1 25 | $7.9B | $2.9B | ||
| Q4 24 | $8.2B | $2.7B | ||
| Q3 24 | $8.3B | $2.7B | ||
| Q2 24 | $10.5B | $2.8B | ||
| Q1 24 | $10.7B | $3.0B |
负债/权益比ALITPATH
| Q4 25 | 1.92× | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 0.65× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.62× | — |
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 | $124.0M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $99.0M | $25.1M |
| 自由现金流率自由现金流/营收 | 15.2% | 6.1% |
| 资本支出强度资本支出/营收 | 3.8% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.14× |
| 过去12个月自由现金流最近4个季度 | $250.0M | — |
8季度趋势，按日历期对齐
经营现金流ALITPATH
| Q4 25 | $124.0M | $28.3M | ||
| Q3 25 | $77.0M | $41.6M | ||
| Q2 25 | $86.0M | $119.0M | ||
| Q1 25 | $73.0M | $146.1M | ||
| Q4 24 | $118.0M | $28.1M | ||
| Q3 24 | $-24.0M | $46.4M | ||
| Q2 24 | $58.0M | $100.0M | ||
| Q1 24 | $100.0M | $145.6M |
自由现金流ALITPATH
| Q4 25 | $99.0M | $25.1M | ||
| Q3 25 | $49.0M | — | ||
| Q2 25 | $58.0M | $106.2M | ||
| Q1 25 | $44.0M | $138.7M | ||
| Q4 24 | $92.0M | $23.2M | ||
| Q3 24 | $-52.0M | $45.0M | ||
| Q2 24 | $22.0M | $98.8M | ||
| Q1 24 | $69.0M | $141.8M |
自由现金流率ALITPATH
| Q4 25 | 15.2% | 6.1% | ||
| Q3 25 | 9.2% | — | ||
| Q2 25 | 11.0% | 29.8% | ||
| Q1 25 | 8.0% | 32.7% | ||
| Q4 24 | 13.5% | 6.5% | ||
| Q3 24 | -9.4% | 14.2% | ||
| Q2 24 | 4.1% | 29.5% | ||
| Q1 24 | 12.3% | 35.0% |
资本支出强度ALITPATH
| Q4 25 | 3.8% | 0.8% | ||
| Q3 25 | 5.3% | 0.0% | ||
| Q2 25 | 5.3% | 3.6% | ||
| Q1 25 | 5.3% | 1.7% | ||
| Q4 24 | 3.8% | 1.4% | ||
| Q3 24 | 5.0% | 0.4% | ||
| Q2 24 | 6.7% | 0.4% | ||
| Q1 24 | 5.5% | 0.9% |
现金转化率ALITPATH
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 26.25× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.82× | ||
| Q4 24 | 14.75× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | — | 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
ALIT
| Recurring | $607.0M | 93% |
| Projects | $46.0M | 7% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
