vs
Antero Midstream Corp（AM）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Antero Midstream Corp的1.4倍（$411.1M vs $291.1M），UiPath, Inc.净利率更高（48.4% vs 41.5%，领先6.9%），UiPath, Inc.同比增速更快（15.9% vs -7.3%），Antero Midstream Corp自由现金流更多（$186.9M vs $25.1M），过去两年Antero Midstream Corp的营收复合增速更高（3.9% vs 0.7%）
Antero Midstream Corp是美国能源企业，注册地为特拉华州，总部设于科罗拉多州丹佛市。公司全部油气储量均位于阿巴拉契亚盆地，采用水力压裂技术开采，核心业务涵盖油气勘探开发相关领域。
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。
AM vs PATH — 直观对比
营收规模更大
PATH
是对方的1.4倍
$291.1M
营收增速更快
PATH
高出23.3%
-7.3%
净利率更高
PATH
高出6.9%
41.5%
自由现金流更多
AM
多$161.8M
$25.1M
两年增速更快
AM
近两年复合增速
0.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $411.1M |
| 净利润 | $120.7M | $198.8M |
| 毛利率 | — | 83.3% |
| 营业利润率 | 60.9% | 3.2% |
| 净利率 | 41.5% | 48.4% |
| 营收同比 | -7.3% | 15.9% |
| 净利润同比 | 2.1% | 1966.2% |
| 每股收益（稀释后） | $0.25 | $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AMPATH
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $411.1M | ||
| Q3 25 | $294.8M | $361.7M | ||
| Q2 25 | $305.5M | $356.6M | ||
| Q1 25 | $291.1M | $423.6M | ||
| Q4 24 | $287.5M | $354.7M | ||
| Q3 24 | $269.9M | $316.3M | ||
| Q2 24 | $269.8M | $335.1M |
净利润AMPATH
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $198.8M | ||
| Q3 25 | $116.0M | $1.6M | ||
| Q2 25 | $124.5M | $-22.6M | ||
| Q1 25 | $120.7M | $51.8M | ||
| Q4 24 | $111.2M | $-10.7M | ||
| Q3 24 | $99.7M | $-86.1M | ||
| Q2 24 | $86.0M | $-28.7M |
毛利率AMPATH
| 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% |
营业利润率AMPATH
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 3.2% | ||
| Q3 25 | 61.2% | -5.6% | ||
| Q2 25 | 61.0% | -4.6% | ||
| Q1 25 | 60.9% | 7.9% | ||
| Q4 24 | 61.8% | -12.2% | ||
| Q3 24 | 60.2% | -32.7% | ||
| Q2 24 | 56.6% | -14.8% |
净利率AMPATH
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 48.4% | ||
| Q3 25 | 39.3% | 0.4% | ||
| Q2 25 | 40.8% | -6.3% | ||
| Q1 25 | 41.5% | 12.2% | ||
| Q4 24 | 38.7% | -3.0% | ||
| Q3 24 | 37.0% | -27.2% | ||
| Q2 24 | 31.9% | -8.6% |
每股收益（稀释后）AMPATH
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $0.37 | ||
| Q3 25 | $0.24 | $0.00 | ||
| Q2 25 | $0.26 | $-0.04 | ||
| Q1 25 | $0.25 | $0.09 | ||
| Q4 24 | $0.23 | $-0.02 | ||
| Q3 24 | $0.21 | $-0.15 | ||
| Q2 24 | $0.18 | $-0.05 |
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 | $180.4M | $1.4B |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.0B | $1.9B |
| 总资产 | $5.9B | $2.9B |
| 负债/权益比越低杠杆越低 | 1.63× | — |
8季度趋势，按日历期对齐
现金及短期投资AMPATH
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.9B |
总债务AMPATH
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.1B | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.2B | — |
股东权益AMPATH
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.9B | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $2.1B | $1.8B | ||
| Q4 24 | $2.1B | $1.7B | ||
| Q3 24 | $2.1B | $1.8B | ||
| Q2 24 | $2.1B | $2.0B |
总资产AMPATH
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $2.9B | ||
| Q3 25 | $5.7B | $2.6B | ||
| Q2 25 | $5.7B | $2.6B | ||
| Q1 25 | $5.8B | $2.9B | ||
| Q4 24 | $5.8B | $2.7B | ||
| Q3 24 | $5.8B | $2.7B | ||
| Q2 24 | $5.8B | $2.8B |
负债/权益比AMPATH
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.46× | — | ||
| Q2 25 | 1.45× | — | ||
| Q1 25 | 1.49× | — | ||
| Q4 24 | 1.47× | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 1.50× | — |
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 | $198.9M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $25.1M |
| 自由现金流率自由现金流/营收 | 64.2% | 6.1% |
| 资本支出强度资本支出/营收 | 11.1% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.65× | 0.14× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AMPATH
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $28.3M | ||
| Q3 25 | $212.8M | $41.6M | ||
| Q2 25 | $265.2M | $119.0M | ||
| Q1 25 | $198.9M | $146.1M | ||
| Q4 24 | $232.7M | $28.1M | ||
| Q3 24 | $184.9M | $46.4M | ||
| Q2 24 | $215.8M | $100.0M |
自由现金流AMPATH
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | $25.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $106.2M | ||
| Q1 25 | — | $138.7M | ||
| Q4 24 | — | $23.2M | ||
| Q3 24 | $184.3M | $45.0M | ||
| Q2 24 | $147.2M | $98.8M |
自由现金流率AMPATH
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | 6.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 29.8% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | 68.3% | 14.2% | ||
| Q2 24 | 54.6% | 29.5% |
资本支出强度AMPATH
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | 0.0% | 1.4% | ||
| Q3 24 | 0.2% | 0.4% | ||
| Q2 24 | 25.4% | 0.4% |
现金转化率AMPATH
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | 0.14× | ||
| Q3 25 | 1.84× | 26.25× | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.65× | 2.82× | ||
| Q4 24 | 2.09× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 2.51× | — |
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
AM
| Gathering and compression–Antero Resources | $238.0M | 82% |
| Other | $52.3M | 18% |
| Water handling–third party | $505.0K | 0% |
| Gathering and compression–third party | $295.0K | 0% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
