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CALIX, INC（CALX）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CALIX, INC的1.5倍（$411.1M vs $280.0M），UiPath, Inc.净利率更高（48.4% vs 4.0%，领先44.4%），CALIX, INC同比增速更快（27.1% vs 15.9%），UiPath, Inc.自由现金流更多（$25.1M vs $6.5M），过去两年CALIX, INC的营收复合增速更高（18.9% vs 0.7%）
Calix是1999年成立、总部位于美国加利福尼亚州圣何塞的电信企业，专注于提供软件平台、系统及相关服务，为宽带业务的部署落地提供技术支撑，助力运营商为用户提供稳定高效的网络接入服务。
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。
CALX vs PATH — 直观对比
营收规模更大
PATH
是对方的1.5倍
$280.0M
营收增速更快
CALX
高出11.2%
15.9%
净利率更高
PATH
高出44.4%
4.0%
自由现金流更多
PATH
多$18.6M
$6.5M
两年增速更快
CALX
近两年复合增速
0.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $280.0M | $411.1M |
| 净利润 | $11.2M | $198.8M |
| 毛利率 | 56.9% | 83.3% |
| 营业利润率 | — | 3.2% |
| 净利率 | 4.0% | 48.4% |
| 营收同比 | 27.1% | 15.9% |
| 净利润同比 | 334.2% | 1966.2% |
| 每股收益（稀释后） | $0.16 | $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CALXPATH
| Q1 26 | $280.0M | — | ||
| Q4 25 | $272.4M | $411.1M | ||
| Q3 25 | $265.4M | $361.7M | ||
| Q2 25 | $241.9M | $356.6M | ||
| Q1 25 | $220.2M | $423.6M | ||
| Q4 24 | $206.1M | $354.7M | ||
| Q3 24 | $200.9M | $316.3M | ||
| Q2 24 | $198.1M | $335.1M |
净利润CALXPATH
| Q1 26 | $11.2M | — | ||
| Q4 25 | $7.2M | $198.8M | ||
| Q3 25 | $15.7M | $1.6M | ||
| Q2 25 | $-199.0K | $-22.6M | ||
| Q1 25 | $-4.8M | $51.8M | ||
| Q4 24 | $-17.9M | $-10.7M | ||
| Q3 24 | $-4.0M | $-86.1M | ||
| Q2 24 | $-8.0M | $-28.7M |
毛利率CALXPATH
| Q1 26 | 56.9% | — | ||
| Q4 25 | 57.7% | 83.3% | ||
| Q3 25 | 57.3% | 82.2% | ||
| Q2 25 | 56.3% | 82.1% | ||
| Q1 25 | 55.7% | 84.8% | ||
| Q4 24 | 55.0% | 82.0% | ||
| Q3 24 | 54.8% | 80.0% | ||
| Q2 24 | 54.3% | 83.5% |
营业利润率CALXPATH
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 3.2% | ||
| Q3 25 | 6.6% | -5.6% | ||
| Q2 25 | 0.2% | -4.6% | ||
| Q1 25 | -2.8% | 7.9% | ||
| Q4 24 | -9.1% | -12.2% | ||
| Q3 24 | -5.4% | -32.7% | ||
| Q2 24 | -5.7% | -14.8% |
净利率CALXPATH
| Q1 26 | 4.0% | — | ||
| Q4 25 | 2.6% | 48.4% | ||
| Q3 25 | 5.9% | 0.4% | ||
| Q2 25 | -0.1% | -6.3% | ||
| Q1 25 | -2.2% | 12.2% | ||
| Q4 24 | -8.7% | -3.0% | ||
| Q3 24 | -2.0% | -27.2% | ||
| Q2 24 | -4.0% | -8.6% |
每股收益（稀释后）CALXPATH
| Q1 26 | $0.16 | — | ||
| Q4 25 | $0.11 | $0.37 | ||
| Q3 25 | $0.22 | $0.00 | ||
| Q2 25 | $0.00 | $-0.04 | ||
| Q1 25 | $-0.07 | $0.09 | ||
| Q4 24 | $-0.27 | $-0.02 | ||
| Q3 24 | $-0.06 | $-0.15 | ||
| Q2 24 | $-0.12 | $-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 | $54.6M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $738.0M | $1.9B |
| 总资产 | — | $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CALXPATH
| Q1 26 | $54.6M | — | ||
| Q4 25 | $143.1M | $1.4B | ||
| Q3 25 | $95.0M | $1.4B | ||
| Q2 25 | $76.5M | $1.6B | ||
| Q1 25 | $42.3M | $1.6B | ||
| Q4 24 | $43.2M | $1.6B | ||
| Q3 24 | $62.4M | $1.7B | ||
| Q2 24 | $84.5M | $1.9B |
股东权益CALXPATH
| Q1 26 | $738.0M | — | ||
| Q4 25 | $859.2M | $1.9B | ||
| Q3 25 | $822.5M | $1.7B | ||
| Q2 25 | $772.7M | $1.7B | ||
| Q1 25 | $767.2M | $1.8B | ||
| Q4 24 | $780.9M | $1.7B | ||
| Q3 24 | $778.7M | $1.8B | ||
| Q2 24 | $754.2M | $2.0B |
总资产CALXPATH
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $2.9B | ||
| Q3 25 | $976.4M | $2.6B | ||
| Q2 25 | $921.4M | $2.6B | ||
| Q1 25 | $917.1M | $2.9B | ||
| Q4 24 | $939.3M | $2.7B | ||
| Q3 24 | $937.5M | $2.7B | ||
| Q2 24 | $917.9M | $2.8B |
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 | $14.6M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $6.5M | $25.1M |
| 自由现金流率自由现金流/营收 | 2.3% | 6.1% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | 1.31× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $109.1M | — |
8季度趋势，按日历期对齐
经营现金流CALXPATH
| Q1 26 | $14.6M | — | ||
| Q4 25 | $46.0M | $28.3M | ||
| Q3 25 | $32.3M | $41.6M | ||
| Q2 25 | $39.4M | $119.0M | ||
| Q1 25 | $17.2M | $146.1M | ||
| Q4 24 | $15.4M | $28.1M | ||
| Q3 24 | $16.0M | $46.4M | ||
| Q2 24 | $22.3M | $100.0M |
自由现金流CALXPATH
| Q1 26 | $6.5M | — | ||
| Q4 25 | $40.3M | $25.1M | ||
| Q3 25 | $26.7M | — | ||
| Q2 25 | $35.6M | $106.2M | ||
| Q1 25 | $12.9M | $138.7M | ||
| Q4 24 | $10.2M | $23.2M | ||
| Q3 24 | $12.8M | $45.0M | ||
| Q2 24 | $16.4M | $98.8M |
自由现金流率CALXPATH
| Q1 26 | 2.3% | — | ||
| Q4 25 | 14.8% | 6.1% | ||
| Q3 25 | 10.1% | — | ||
| Q2 25 | 14.7% | 29.8% | ||
| Q1 25 | 5.9% | 32.7% | ||
| Q4 24 | 5.0% | 6.5% | ||
| Q3 24 | 6.3% | 14.2% | ||
| Q2 24 | 8.3% | 29.5% |
资本支出强度CALXPATH
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 0.8% | ||
| Q3 25 | 2.1% | 0.0% | ||
| Q2 25 | 1.5% | 3.6% | ||
| Q1 25 | 2.0% | 1.7% | ||
| Q4 24 | 2.5% | 1.4% | ||
| Q3 24 | 1.6% | 0.4% | ||
| Q2 24 | 3.0% | 0.4% |
现金转化率CALXPATH
| Q1 26 | 1.31× | — | ||
| Q4 25 | 6.38× | 0.14× | ||
| Q3 25 | 2.06× | 26.25× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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
CALX
| Appliance | $232.8M | 83% |
| Software and service | $47.1M | 17% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
