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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
BRIGHT HORIZONS FAMILY SOLUTIONS INC.的季度营收约是UiPath, Inc.的1.8倍（$733.7M vs $411.1M），UiPath, Inc.同比增速更快（15.9% vs 8.8%），BRIGHT HORIZONS FAMILY SOLUTIONS INC.自由现金流更多（$258.5M vs $25.1M），过去两年BRIGHT HORIZONS FAMILY SOLUTIONS INC.的营收复合增速更高（8.5% vs 0.7%）
Bright Horizons Family Solutions总部位于美国马萨诸塞州牛顿市，是美国规模最大的雇主赞助育儿服务运营商，除核心育儿服务外，还提供备用育儿、老人照护、学费项目管理、教育咨询、学生贷款偿还方案等多元服务，覆盖企业员工福利及教育支持领域。
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。
BFAM vs PATH — 直观对比
营收规模更大
BFAM
是对方的1.8倍
$411.1M
营收增速更快
PATH
高出7.1%
8.8%
自由现金流更多
BFAM
多$233.4M
$25.1M
两年增速更快
BFAM
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $411.1M |
| 净利润 | — | $198.8M |
| 毛利率 | 19.3% | 83.3% |
| 营业利润率 | 6.2% | 3.2% |
| 净利率 | — | 48.4% |
| 营收同比 | 8.8% | 15.9% |
| 净利润同比 | — | 1966.2% |
| 每股收益（稀释后） | $0.38 | $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BFAMPATH
| Q4 25 | $733.7M | $411.1M | ||
| Q3 25 | $802.8M | $361.7M | ||
| Q2 25 | $731.6M | $356.6M | ||
| Q1 25 | $665.5M | $423.6M | ||
| Q4 24 | $674.1M | $354.7M | ||
| Q3 24 | $719.1M | $316.3M | ||
| Q2 24 | $670.1M | $335.1M | ||
| Q1 24 | $622.7M | $405.3M |
净利润BFAMPATH
| Q4 25 | — | $198.8M | ||
| Q3 25 | $78.6M | $1.6M | ||
| Q2 25 | $54.8M | $-22.6M | ||
| Q1 25 | $38.0M | $51.8M | ||
| Q4 24 | — | $-10.7M | ||
| Q3 24 | $54.9M | $-86.1M | ||
| Q2 24 | $39.2M | $-28.7M | ||
| Q1 24 | $17.0M | $33.9M |
毛利率BFAMPATH
| Q4 25 | 19.3% | 83.3% | ||
| Q3 25 | 27.0% | 82.2% | ||
| Q2 25 | 25.0% | 82.1% | ||
| Q1 25 | 23.4% | 84.8% | ||
| Q4 24 | 20.8% | 82.0% | ||
| Q3 24 | 25.2% | 80.0% | ||
| Q2 24 | 24.2% | 83.5% | ||
| Q1 24 | 21.7% | 86.8% |
营业利润率BFAMPATH
| Q4 25 | 6.2% | 3.2% | ||
| Q3 25 | 15.1% | -5.6% | ||
| Q2 25 | 11.8% | -4.6% | ||
| Q1 25 | 9.4% | 7.9% | ||
| Q4 24 | 7.2% | -12.2% | ||
| Q3 24 | 12.4% | -32.7% | ||
| Q2 24 | 10.3% | -14.8% | ||
| Q1 24 | 6.4% | 3.7% |
净利率BFAMPATH
| Q4 25 | — | 48.4% | ||
| Q3 25 | 9.8% | 0.4% | ||
| Q2 25 | 7.5% | -6.3% | ||
| Q1 25 | 5.7% | 12.2% | ||
| Q4 24 | — | -3.0% | ||
| Q3 24 | 7.6% | -27.2% | ||
| Q2 24 | 5.8% | -8.6% | ||
| Q1 24 | 2.7% | 8.4% |
每股收益（稀释后）BFAMPATH
| Q4 25 | $0.38 | $0.37 | ||
| Q3 25 | $1.37 | $0.00 | ||
| Q2 25 | $0.95 | $-0.04 | ||
| Q1 25 | $0.66 | $0.09 | ||
| Q4 24 | $0.50 | $-0.02 | ||
| Q3 24 | $0.94 | $-0.15 | ||
| Q2 24 | $0.67 | $-0.05 | ||
| Q1 24 | $0.29 | $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 | $140.1M | $1.4B |
| 总债务越低越好 | $747.6M | — |
| 股东权益账面价值 | $1.3B | $1.9B |
| 总资产 | $3.9B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.56× | — |
8季度趋势，按日历期对齐
现金及短期投资BFAMPATH
| Q4 25 | $140.1M | $1.4B | ||
| Q3 25 | $116.6M | $1.4B | ||
| Q2 25 | $179.2M | $1.6B | ||
| Q1 25 | $112.0M | $1.6B | ||
| Q4 24 | $110.3M | $1.6B | ||
| Q3 24 | $109.9M | $1.7B | ||
| Q2 24 | $140.2M | $1.9B | ||
| Q1 24 | $63.7M | $1.9B |
总债务BFAMPATH
| Q4 25 | $747.6M | — | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $797.0M | — | ||
| Q1 25 | $872.7M | — | ||
| Q4 24 | $918.4M | — | ||
| Q3 24 | $925.7M | — | ||
| Q2 24 | $931.9M | — | ||
| Q1 24 | $938.1M | — |
股东权益BFAMPATH
| Q4 25 | $1.3B | $1.9B | ||
| Q3 25 | $1.4B | $1.7B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.3B | $2.0B | ||
| Q1 24 | $1.2B | $2.0B |
总资产BFAMPATH
| Q4 25 | $3.9B | $2.9B | ||
| Q3 25 | $3.9B | $2.6B | ||
| Q2 25 | $3.9B | $2.6B | ||
| Q1 25 | $3.8B | $2.9B | ||
| Q4 24 | $3.9B | $2.7B | ||
| Q3 24 | $3.9B | $2.7B | ||
| Q2 24 | $3.8B | $2.8B | ||
| Q1 24 | $3.8B | $3.0B |
负债/权益比BFAMPATH
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.52× | — | ||
| Q2 25 | 0.57× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 0.73× | — | ||
| Q1 24 | 0.76× | — |
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 | $350.7M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $258.5M | $25.1M |
| 自由现金流率自由现金流/营收 | 35.2% | 6.1% |
| 资本支出强度资本支出/营收 | 12.6% | 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 | $402.4M | — |
8季度趋势，按日历期对齐
经营现金流BFAMPATH
| Q4 25 | $350.7M | $28.3M | ||
| Q3 25 | $-17.6M | $41.6M | ||
| Q2 25 | $134.2M | $119.0M | ||
| Q1 25 | $86.2M | $146.1M | ||
| Q4 24 | $337.5M | $28.1M | ||
| Q3 24 | $-8.9M | $46.4M | ||
| Q2 24 | $109.4M | $100.0M | ||
| Q1 24 | $116.3M | $145.6M |
自由现金流BFAMPATH
| Q4 25 | $258.5M | $25.1M | ||
| Q3 25 | $-42.4M | — | ||
| Q2 25 | $115.4M | $106.2M | ||
| Q1 25 | $70.9M | $138.7M | ||
| Q4 24 | $240.2M | $23.2M | ||
| Q3 24 | $-32.2M | $45.0M | ||
| Q2 24 | $86.8M | $98.8M | ||
| Q1 24 | $96.9M | $141.8M |
自由现金流率BFAMPATH
| Q4 25 | 35.2% | 6.1% | ||
| Q3 25 | -5.3% | — | ||
| Q2 25 | 15.8% | 29.8% | ||
| Q1 25 | 10.7% | 32.7% | ||
| Q4 24 | 35.6% | 6.5% | ||
| Q3 24 | -4.5% | 14.2% | ||
| Q2 24 | 13.0% | 29.5% | ||
| Q1 24 | 15.6% | 35.0% |
资本支出强度BFAMPATH
| Q4 25 | 12.6% | 0.8% | ||
| Q3 25 | 3.1% | 0.0% | ||
| Q2 25 | 2.6% | 3.6% | ||
| Q1 25 | 2.3% | 1.7% | ||
| Q4 24 | 14.4% | 1.4% | ||
| Q3 24 | 3.2% | 0.4% | ||
| Q2 24 | 3.4% | 0.4% | ||
| Q1 24 | 3.1% | 0.9% |
现金转化率BFAMPATH
| Q4 25 | — | 0.14× | ||
| Q3 25 | -0.22× | 26.25× | ||
| Q2 25 | 2.45× | — | ||
| Q1 25 | 2.26× | 2.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.16× | — | ||
| Q2 24 | 2.79× | — | ||
| Q1 24 | 6.85× | 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
BFAM
暂无分部数据
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
