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AMC Networks Inc.（AMCX）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
AMC Networks Inc.的季度营收约是UiPath, Inc.的1.4倍（$594.8M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs -9.3%，领先57.7%），UiPath, Inc.同比增速更快（15.9% vs -0.8%），AMC Networks Inc.自由现金流更多（$40.4M vs $25.1M），过去两年UiPath, Inc.的营收复合增速更高（0.7% vs -0.1%）
AMC网络公司是总部位于纽约市的美国独立大众传媒娱乐集团，旗下拥有AMC、BBC美国台、IFC、圣丹斯电视、We TV等多个有线频道，还经营纽约IFC中心艺术影院、独立电影公司、动漫版权发行商，以及AMC+、Acorn TV等多个付费订阅流媒体服务。
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。
AMCX vs PATH — 直观对比
营收规模更大
AMCX
是对方的1.4倍
$411.1M
营收增速更快
PATH
高出16.7%
-0.8%
净利率更高
PATH
高出57.7%
-9.3%
自由现金流更多
AMCX
多$15.3M
$25.1M
两年增速更快
PATH
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $594.8M | $411.1M |
| 净利润 | $-55.5M | $198.8M |
| 毛利率 | 49.7% | 83.3% |
| 营业利润率 | -8.6% | 3.2% |
| 净利率 | -9.3% | 48.4% |
| 营收同比 | -0.8% | 15.9% |
| 净利润同比 | 80.5% | 1966.2% |
| 每股收益（稀释后） | $-0.97 | $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AMCXPATH
| Q4 25 | $594.8M | $411.1M | ||
| Q3 25 | $561.7M | $361.7M | ||
| Q2 25 | $600.0M | $356.6M | ||
| Q1 25 | $555.2M | $423.6M | ||
| Q4 24 | $599.3M | $354.7M | ||
| Q3 24 | $599.6M | $316.3M | ||
| Q2 24 | $625.9M | $335.1M | ||
| Q1 24 | $596.5M | $405.3M |
净利润AMCXPATH
| Q4 25 | $-55.5M | $198.8M | ||
| Q3 25 | $76.5M | $1.6M | ||
| Q2 25 | $50.3M | $-22.6M | ||
| Q1 25 | $18.0M | $51.8M | ||
| Q4 24 | $-284.5M | $-10.7M | ||
| Q3 24 | $41.4M | $-86.1M | ||
| Q2 24 | $-29.2M | $-28.7M | ||
| Q1 24 | $45.8M | $33.9M |
毛利率AMCXPATH
| Q4 25 | 49.7% | 83.3% | ||
| Q3 25 | 48.2% | 82.2% | ||
| Q2 25 | 52.7% | 82.1% | ||
| Q1 25 | 51.8% | 84.8% | ||
| Q4 24 | 51.2% | 82.0% | ||
| Q3 24 | 52.0% | 80.0% | ||
| Q2 24 | 55.2% | 83.5% | ||
| Q1 24 | 54.5% | 86.8% |
营业利润率AMCXPATH
| Q4 25 | -8.6% | 3.2% | ||
| Q3 25 | 9.9% | -5.6% | ||
| Q2 25 | 10.7% | -4.6% | ||
| Q1 25 | 11.6% | 7.9% | ||
| Q4 24 | -42.4% | -12.2% | ||
| Q3 24 | 15.6% | -32.7% | ||
| Q2 24 | 1.7% | -14.8% | ||
| Q1 24 | 18.5% | 3.7% |
净利率AMCXPATH
| Q4 25 | -9.3% | 48.4% | ||
| Q3 25 | 13.6% | 0.4% | ||
| Q2 25 | 8.4% | -6.3% | ||
| Q1 25 | 3.3% | 12.2% | ||
| Q4 24 | -47.5% | -3.0% | ||
| Q3 24 | 6.9% | -27.2% | ||
| Q2 24 | -4.7% | -8.6% | ||
| Q1 24 | 7.7% | 8.4% |
每股收益（稀释后）AMCXPATH
| Q4 25 | $-0.97 | $0.37 | ||
| Q3 25 | $1.38 | $0.00 | ||
| Q2 25 | $0.91 | $-0.04 | ||
| Q1 25 | $0.34 | $0.09 | ||
| Q4 24 | $-6.23 | $-0.02 | ||
| Q3 24 | $0.76 | $-0.15 | ||
| Q2 24 | $-0.66 | $-0.05 | ||
| Q1 24 | $1.03 | $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 | $502.4M | $1.4B |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $981.9M | $1.9B |
| 总资产 | $3.9B | $2.9B |
| 负债/权益比越低杠杆越低 | 1.78× | — |
8季度趋势，按日历期对齐
现金及短期投资AMCXPATH
| Q4 25 | $502.4M | $1.4B | ||
| Q3 25 | $716.8M | $1.4B | ||
| Q2 25 | $866.4M | $1.6B | ||
| Q1 25 | $870.2M | $1.6B | ||
| Q4 24 | $784.6M | $1.6B | ||
| Q3 24 | $816.4M | $1.7B | ||
| Q2 24 | $802.6M | $1.9B | ||
| Q1 24 | $690.5M | $1.9B |
总债务AMCXPATH
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.3B | — |
股东权益AMCXPATH
| Q4 25 | $981.9M | $1.9B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $971.7M | $1.7B | ||
| Q1 25 | $888.8M | $1.8B | ||
| Q4 24 | $855.6M | $1.7B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.1B | $2.0B | ||
| Q1 24 | $1.1B | $2.0B |
总资产AMCXPATH
| Q4 25 | $3.9B | $2.9B | ||
| Q3 25 | $4.2B | $2.6B | ||
| Q2 25 | $4.4B | $2.6B | ||
| Q1 25 | $4.3B | $2.9B | ||
| Q4 24 | $4.4B | $2.7B | ||
| Q3 24 | $4.8B | $2.7B | ||
| Q2 24 | $4.9B | $2.8B | ||
| Q1 24 | $4.9B | $3.0B |
负债/权益比AMCXPATH
| Q4 25 | 1.78× | — | ||
| Q3 25 | 1.82× | — | ||
| Q2 25 | 2.27× | — | ||
| Q1 25 | 2.62× | — | ||
| Q4 24 | 2.73× | — | ||
| Q3 24 | 2.10× | — | ||
| Q2 24 | 2.26× | — | ||
| Q1 24 | 2.17× | — |
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 | $49.2M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $40.4M | $25.1M |
| 自由现金流率自由现金流/营收 | 6.8% | 6.1% |
| 资本支出强度资本支出/营收 | 1.5% | 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 | $272.4M | — |
8季度趋势，按日历期对齐
经营现金流AMCXPATH
| Q4 25 | $49.2M | $28.3M | ||
| Q3 25 | $44.8M | $41.6M | ||
| Q2 25 | $102.8M | $119.0M | ||
| Q1 25 | $108.8M | $146.1M | ||
| Q4 24 | $58.1M | $28.1M | ||
| Q3 24 | $62.2M | $46.4M | ||
| Q2 24 | $104.4M | $100.0M | ||
| Q1 24 | $150.9M | $145.6M |
自由现金流AMCXPATH
| Q4 25 | $40.4M | $25.1M | ||
| Q3 25 | $42.0M | — | ||
| Q2 25 | $95.7M | $106.2M | ||
| Q1 25 | $94.2M | $138.7M | ||
| Q4 24 | $37.6M | $23.2M | ||
| Q3 24 | $53.9M | $45.0M | ||
| Q2 24 | $95.2M | $98.8M | ||
| Q1 24 | $144.1M | $141.8M |
自由现金流率AMCXPATH
| Q4 25 | 6.8% | 6.1% | ||
| Q3 25 | 7.5% | — | ||
| Q2 25 | 16.0% | 29.8% | ||
| Q1 25 | 17.0% | 32.7% | ||
| Q4 24 | 6.3% | 6.5% | ||
| Q3 24 | 9.0% | 14.2% | ||
| Q2 24 | 15.2% | 29.5% | ||
| Q1 24 | 24.2% | 35.0% |
资本支出强度AMCXPATH
| Q4 25 | 1.5% | 0.8% | ||
| Q3 25 | 0.5% | 0.0% | ||
| Q2 25 | 1.2% | 3.6% | ||
| Q1 25 | 2.6% | 1.7% | ||
| Q4 24 | 3.4% | 1.4% | ||
| Q3 24 | 1.4% | 0.4% | ||
| Q2 24 | 1.5% | 0.4% | ||
| Q1 24 | 1.1% | 0.9% |
现金转化率AMCXPATH
| Q4 25 | — | 0.14× | ||
| Q3 25 | 0.59× | 26.25× | ||
| Q2 25 | 2.04× | — | ||
| Q1 25 | 6.03× | 2.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.50× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 3.29× | 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
AMCX
| Subscription And Circulation | $314.8M | 53% |
| Advertising | $124.9M | 21% |
| Other | $79.1M | 13% |
| License | $74.8M | 13% |
| Related Party | $1.2M | 0% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
