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BRADY CORP（BRC）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BRADY CORP的1.0倍（$411.1M vs $405.3M），UiPath, Inc.净利率更高（48.4% vs 13.3%，领先35.1%），UiPath, Inc.同比增速更快（15.9% vs 7.5%），UiPath, Inc.自由现金流更多（$25.1M vs $22.4M），过去两年BRADY CORP的营收复合增速更高（12.1% vs 0.7%）
布雷迪公司是美国特种产品、技术设备及标识解决方案供应商，1914年创立，总部位于威斯康星州密尔沃基，在美洲、欧洲、亚洲、澳洲拥有6600名员工，业务覆盖全球，为各行业客户提供工作场景所需的零部件标识相关产品与服务。
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。
BRC vs PATH — 直观对比
营收规模更大
PATH
是对方的1.0倍
$405.3M
营收增速更快
PATH
高出8.4%
7.5%
净利率更高
PATH
高出35.1%
13.3%
自由现金流更多
PATH
多$2.7M
$22.4M
两年增速更快
BRC
近两年复合增速
0.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $405.3M | $411.1M |
| 净利润 | $53.9M | $198.8M |
| 毛利率 | 51.5% | 83.3% |
| 营业利润率 | 16.8% | 3.2% |
| 净利率 | 13.3% | 48.4% |
| 营收同比 | 7.5% | 15.9% |
| 净利润同比 | 15.3% | 1966.2% |
| 每股收益（稀释后） | — | $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BRCPATH
| Q4 25 | $405.3M | $411.1M | ||
| Q3 25 | $397.3M | $361.7M | ||
| Q2 25 | $382.6M | $356.6M | ||
| Q1 25 | $356.7M | $423.6M | ||
| Q4 24 | $377.1M | $354.7M | ||
| Q3 24 | $343.4M | $316.3M | ||
| Q2 24 | $343.4M | $335.1M | ||
| Q1 24 | $322.6M | $405.3M |
净利润BRCPATH
| Q4 25 | $53.9M | $198.8M | ||
| Q3 25 | $49.9M | $1.6M | ||
| Q2 25 | $52.3M | $-22.6M | ||
| Q1 25 | $40.3M | $51.8M | ||
| Q4 24 | $46.8M | $-10.7M | ||
| Q3 24 | $55.5M | $-86.1M | ||
| Q2 24 | $50.9M | $-28.7M | ||
| Q1 24 | $43.6M | $33.9M |
毛利率BRCPATH
| Q4 25 | 51.5% | 83.3% | ||
| Q3 25 | 50.4% | 82.2% | ||
| Q2 25 | 51.0% | 82.1% | ||
| Q1 25 | 49.3% | 84.8% | ||
| Q4 24 | 50.3% | 82.0% | ||
| Q3 24 | 51.6% | 80.0% | ||
| Q2 24 | 51.6% | 83.5% | ||
| Q1 24 | 50.2% | 86.8% |
营业利润率BRCPATH
| Q4 25 | 16.8% | 3.2% | ||
| Q3 25 | 14.9% | -5.6% | ||
| Q2 25 | 17.6% | -4.6% | ||
| Q1 25 | 14.4% | 7.9% | ||
| Q4 24 | 15.6% | -12.2% | ||
| Q3 24 | 19.3% | -32.7% | ||
| Q2 24 | 18.5% | -14.8% | ||
| Q1 24 | 16.7% | 3.7% |
净利率BRCPATH
| Q4 25 | 13.3% | 48.4% | ||
| Q3 25 | 12.6% | 0.4% | ||
| Q2 25 | 13.7% | -6.3% | ||
| Q1 25 | 11.3% | 12.2% | ||
| Q4 24 | 12.4% | -3.0% | ||
| Q3 24 | 16.1% | -27.2% | ||
| Q2 24 | 14.8% | -8.6% | ||
| Q1 24 | 13.5% | 8.4% |
每股收益（稀释后）BRCPATH
| Q4 25 | — | $0.37 | ||
| Q3 25 | — | $0.00 | ||
| Q2 25 | — | $-0.04 | ||
| Q1 25 | — | $0.09 | ||
| Q4 24 | — | $-0.02 | ||
| Q3 24 | — | $-0.15 | ||
| Q2 24 | — | $-0.05 | ||
| Q1 24 | — | $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 | $182.7M | $1.4B |
| 总债务越低越好 | $115.9M | — |
| 股东权益账面价值 | $1.2B | $1.9B |
| 总资产 | $1.8B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.09× | — |
8季度趋势，按日历期对齐
现金及短期投资BRCPATH
| Q4 25 | $182.7M | $1.4B | ||
| Q3 25 | $174.3M | $1.4B | ||
| Q2 25 | $152.2M | $1.6B | ||
| Q1 25 | $138.5M | $1.6B | ||
| Q4 24 | $145.7M | $1.6B | ||
| Q3 24 | $250.1M | $1.7B | ||
| Q2 24 | $160.5M | $1.9B | ||
| Q1 24 | $143.9M | $1.9B |
总债务BRCPATH
| Q4 25 | $115.9M | — | ||
| Q3 25 | $99.8M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $90.9M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BRCPATH
| Q4 25 | $1.2B | $1.9B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.2B | $1.7B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.0B | $2.0B | ||
| Q1 24 | $1.0B | $2.0B |
总资产BRCPATH
| Q4 25 | $1.8B | $2.9B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.6B | $2.9B | ||
| Q4 24 | $1.6B | $2.7B | ||
| Q3 24 | $1.5B | $2.7B | ||
| Q2 24 | $1.4B | $2.8B | ||
| Q1 24 | $1.4B | $3.0B |
负债/权益比BRCPATH
| Q4 25 | 0.09× | — | ||
| Q3 25 | 0.08× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.09× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $33.4M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $25.1M |
| 自由现金流率自由现金流/营收 | 5.5% | 6.1% |
| 资本支出强度资本支出/营收 | 2.7% | 0.8% |
| 现金转化率经营现金流/净利润 | 0.62× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $159.9M | — |
8季度趋势，按日历期对齐
经营现金流BRCPATH
| Q4 25 | $33.4M | $28.3M | ||
| Q3 25 | $58.3M | $41.6M | ||
| Q2 25 | $59.9M | $119.0M | ||
| Q1 25 | $39.6M | $146.1M | ||
| Q4 24 | $23.4M | $28.1M | ||
| Q3 24 | $84.0M | $46.4M | ||
| Q2 24 | $72.7M | $100.0M | ||
| Q1 24 | $36.1M | $145.6M |
自由现金流BRCPATH
| Q4 25 | $22.4M | $25.1M | ||
| Q3 25 | $49.4M | — | ||
| Q2 25 | $55.6M | $106.2M | ||
| Q1 25 | $32.5M | $138.7M | ||
| Q4 24 | $16.1M | $23.2M | ||
| Q3 24 | $73.2M | $45.0M | ||
| Q2 24 | $64.4M | $98.8M | ||
| Q1 24 | $-13.5M | $141.8M |
自由现金流率BRCPATH
| Q4 25 | 5.5% | 6.1% | ||
| Q3 25 | 12.4% | — | ||
| Q2 25 | 14.5% | 29.8% | ||
| Q1 25 | 9.1% | 32.7% | ||
| Q4 24 | 4.3% | 6.5% | ||
| Q3 24 | 21.3% | 14.2% | ||
| Q2 24 | 18.8% | 29.5% | ||
| Q1 24 | -4.2% | 35.0% |
资本支出强度BRCPATH
| Q4 25 | 2.7% | 0.8% | ||
| Q3 25 | 2.2% | 0.0% | ||
| Q2 25 | 1.1% | 3.6% | ||
| Q1 25 | 2.0% | 1.7% | ||
| Q4 24 | 1.9% | 1.4% | ||
| Q3 24 | 3.1% | 0.4% | ||
| Q2 24 | 2.4% | 0.4% | ||
| Q1 24 | 15.4% | 0.9% |
现金转化率BRCPATH
| Q4 25 | 0.62× | 0.14× | ||
| Q3 25 | 1.17× | 26.25× | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 0.98× | 2.82× | ||
| Q4 24 | 0.50× | — | ||
| Q3 24 | 1.51× | — | ||
| Q2 24 | 1.43× | — | ||
| Q1 24 | 0.83× | 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
BRC
| Americas Asia | $215.1M | 53% |
| Europe Australia | $119.9M | 30% |
| Other | $70.2M | 17% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
