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Blue Bird Corp（BLBD）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Blue Bird Corp的1.2倍（$411.1M vs $333.1M），UiPath, Inc.净利率更高（48.4% vs 9.2%，领先39.1%），UiPath, Inc.同比增速更快（15.9% vs 6.1%），Blue Bird Corp自由现金流更多（$31.1M vs $25.1M），过去两年UiPath, Inc.的营收复合增速更高（0.7% vs -1.9%）
蓝鸟公司是美国知名客车制造企业，总部位于佐治亚州福特瓦利，主打产品为校车，同时业务覆盖多种客车类型的生产，包括城市公交、旅居房车，以及移动图书馆、流动警务指挥中心等特种车辆。
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。
BLBD vs PATH — 直观对比
营收规模更大
PATH
是对方的1.2倍
$333.1M
营收增速更快
PATH
高出9.8%
6.1%
净利率更高
PATH
高出39.1%
9.2%
自由现金流更多
BLBD
多$6.0M
$25.1M
两年增速更快
PATH
近两年复合增速
-1.9%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $333.1M | $411.1M |
| 净利润 | $30.8M | $198.8M |
| 毛利率 | 21.4% | 83.3% |
| 营业利润率 | 11.3% | 3.2% |
| 净利率 | 9.2% | 48.4% |
| 营收同比 | 6.1% | 15.9% |
| 净利润同比 | 7.1% | 1966.2% |
| 每股收益（稀释后） | $0.94 | $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BLBDPATH
| Q4 25 | $333.1M | $411.1M | ||
| Q3 25 | $409.4M | $361.7M | ||
| Q2 25 | $398.0M | $356.6M | ||
| Q1 25 | $358.9M | $423.6M | ||
| Q4 24 | $313.9M | $354.7M | ||
| Q3 24 | $350.2M | $316.3M | ||
| Q2 24 | $333.4M | $335.1M | ||
| Q1 24 | $345.9M | $405.3M |
净利润BLBDPATH
| Q4 25 | $30.8M | $198.8M | ||
| Q3 25 | $36.5M | $1.6M | ||
| Q2 25 | $36.5M | $-22.6M | ||
| Q1 25 | $26.0M | $51.8M | ||
| Q4 24 | $28.7M | $-10.7M | ||
| Q3 24 | $24.7M | $-86.1M | ||
| Q2 24 | $28.7M | $-28.7M | ||
| Q1 24 | $26.0M | $33.9M |
毛利率BLBDPATH
| Q4 25 | 21.4% | 83.3% | ||
| Q3 25 | 21.1% | 82.2% | ||
| Q2 25 | 21.6% | 82.1% | ||
| Q1 25 | 19.7% | 84.8% | ||
| Q4 24 | 19.2% | 82.0% | ||
| Q3 24 | 17.0% | 80.0% | ||
| Q2 24 | 20.8% | 83.5% | ||
| Q1 24 | 18.4% | 86.8% |
营业利润率BLBDPATH
| Q4 25 | 11.3% | 3.2% | ||
| Q3 25 | 12.3% | -5.6% | ||
| Q2 25 | 12.6% | -4.6% | ||
| Q1 25 | 9.4% | 7.9% | ||
| Q4 24 | 10.5% | -12.2% | ||
| Q3 24 | 7.3% | -32.7% | ||
| Q2 24 | 11.9% | -14.8% | ||
| Q1 24 | 10.4% | 3.7% |
净利率BLBDPATH
| Q4 25 | 9.2% | 48.4% | ||
| Q3 25 | 8.9% | 0.4% | ||
| Q2 25 | 9.2% | -6.3% | ||
| Q1 25 | 7.3% | 12.2% | ||
| Q4 24 | 9.2% | -3.0% | ||
| Q3 24 | 7.0% | -27.2% | ||
| Q2 24 | 8.6% | -8.6% | ||
| Q1 24 | 7.5% | 8.4% |
每股收益（稀释后）BLBDPATH
| Q4 25 | $0.94 | $0.37 | ||
| Q3 25 | $1.11 | $0.00 | ||
| Q2 25 | $1.12 | $-0.04 | ||
| Q1 25 | $0.79 | $0.09 | ||
| Q4 24 | $0.86 | $-0.02 | ||
| Q3 24 | $0.71 | $-0.15 | ||
| Q2 24 | $0.85 | $-0.05 | ||
| Q1 24 | $0.79 | $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 | $241.7M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $271.4M | $1.9B |
| 总资产 | $642.3M | $2.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BLBDPATH
| Q4 25 | $241.7M | $1.4B | ||
| Q3 25 | $229.3M | $1.4B | ||
| Q2 25 | $173.1M | $1.6B | ||
| Q1 25 | $130.7M | $1.6B | ||
| Q4 24 | $136.1M | $1.6B | ||
| Q3 24 | $127.7M | $1.7B | ||
| Q2 24 | $88.4M | $1.9B | ||
| Q1 24 | $93.1M | $1.9B |
股东权益BLBDPATH
| Q4 25 | $271.4M | $1.9B | ||
| Q3 25 | $255.4M | $1.7B | ||
| Q2 25 | $221.8M | $1.7B | ||
| Q1 25 | $190.4M | $1.8B | ||
| Q4 24 | $179.7M | $1.7B | ||
| Q3 24 | $159.6M | $1.8B | ||
| Q2 24 | $137.3M | $2.0B | ||
| Q1 24 | $105.8M | $2.0B |
总资产BLBDPATH
| Q4 25 | $642.3M | $2.9B | ||
| Q3 25 | $625.3M | $2.6B | ||
| Q2 25 | $575.5M | $2.6B | ||
| Q1 25 | $543.7M | $2.9B | ||
| Q4 24 | $535.2M | $2.7B | ||
| Q3 24 | $524.9M | $2.7B | ||
| Q2 24 | $468.1M | $2.8B | ||
| Q1 24 | $456.5M | $3.0B |
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 | $36.6M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $31.1M | $25.1M |
| 自由现金流率自由现金流/营收 | 9.3% | 6.1% |
| 资本支出强度资本支出/营收 | 1.6% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.19× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $162.6M | — |
8季度趋势，按日历期对齐
经营现金流BLBDPATH
| Q4 25 | $36.6M | $28.3M | ||
| Q3 25 | $65.1M | $41.6M | ||
| Q2 25 | $56.9M | $119.0M | ||
| Q1 25 | $27.8M | $146.1M | ||
| Q4 24 | $26.4M | $28.1M | ||
| Q3 24 | $55.4M | $46.4M | ||
| Q2 24 | $989.0K | $100.0M | ||
| Q1 24 | $54.6M | $145.6M |
自由现金流BLBDPATH
| Q4 25 | $31.1M | $25.1M | ||
| Q3 25 | $60.5M | — | ||
| Q2 25 | $52.3M | $106.2M | ||
| Q1 25 | $18.7M | $138.7M | ||
| Q4 24 | $21.8M | $23.2M | ||
| Q3 24 | $50.2M | $45.0M | ||
| Q2 24 | $-3.5M | $98.8M | ||
| Q1 24 | $51.8M | $141.8M |
自由现金流率BLBDPATH
| Q4 25 | 9.3% | 6.1% | ||
| Q3 25 | 14.8% | — | ||
| Q2 25 | 13.1% | 29.8% | ||
| Q1 25 | 5.2% | 32.7% | ||
| Q4 24 | 7.0% | 6.5% | ||
| Q3 24 | 14.3% | 14.2% | ||
| Q2 24 | -1.1% | 29.5% | ||
| Q1 24 | 15.0% | 35.0% |
资本支出强度BLBDPATH
| Q4 25 | 1.6% | 0.8% | ||
| Q3 25 | 1.1% | 0.0% | ||
| Q2 25 | 1.2% | 3.6% | ||
| Q1 25 | 2.5% | 1.7% | ||
| Q4 24 | 1.5% | 1.4% | ||
| Q3 24 | 1.5% | 0.4% | ||
| Q2 24 | 1.3% | 0.4% | ||
| Q1 24 | 0.8% | 0.9% |
现金转化率BLBDPATH
| Q4 25 | 1.19× | 0.14× | ||
| Q3 25 | 1.78× | 26.25× | ||
| Q2 25 | 1.56× | — | ||
| Q1 25 | 1.07× | 2.82× | ||
| Q4 24 | 0.92× | — | ||
| Q3 24 | 2.24× | — | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 2.10× | 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
BLBD
| Alternative Fuel Buses | $151.4M | 45% |
| Diesel Buses | $144.9M | 43% |
| Parts | $24.8M | 7% |
| Other | $12.1M | 4% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
