vs
Clearwater Paper Corp（CLW）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Clearwater Paper Corp的1.1倍（$411.1M vs $360.3M），UiPath, Inc.净利率更高（48.4% vs -3.6%，领先51.9%），UiPath, Inc.同比增速更快（15.9% vs -4.7%），过去两年Clearwater Paper Corp的营收复合增速更高（2.3% vs 0.7%）
净水纸业公司是美国的一家纸浆与纸板制造商，总部位于华盛顿州斯波坎。公司于2008年12月9日从波特拉奇公司分拆设立，专注于纸浆及纸板产品的研发生产与销售，是北美地区该领域颇具影响力的生产企业。
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。
CLW vs PATH — 直观对比
营收规模更大
PATH
是对方的1.1倍
$360.3M
营收增速更快
PATH
高出20.7%
-4.7%
净利率更高
PATH
高出51.9%
-3.6%
两年增速更快
CLW
近两年复合增速
0.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $360.3M | $411.1M |
| 净利润 | $-12.8M | $198.8M |
| 毛利率 | -0.2% | 83.3% |
| 营业利润率 | — | 3.2% |
| 净利率 | -3.6% | 48.4% |
| 营收同比 | -4.7% | 15.9% |
| 净利润同比 | -103.2% | 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CLWPATH
| Q1 26 | $360.3M | — | ||
| Q4 25 | $386.4M | $411.1M | ||
| Q3 25 | $399.0M | $361.7M | ||
| Q2 25 | $391.8M | $356.6M | ||
| Q1 25 | $378.2M | $423.6M | ||
| Q4 24 | $387.1M | $354.7M | ||
| Q3 24 | $393.3M | $316.3M | ||
| Q2 24 | $344.4M | $335.1M |
净利润CLWPATH
| Q1 26 | $-12.8M | — | ||
| Q4 25 | $38.3M | $198.8M | ||
| Q3 25 | $-53.3M | $1.6M | ||
| Q2 25 | $2.7M | $-22.6M | ||
| Q1 25 | $-6.3M | $51.8M | ||
| Q4 24 | $199.1M | $-10.7M | ||
| Q3 24 | $5.8M | $-86.1M | ||
| Q2 24 | $-25.8M | $-28.7M |
毛利率CLWPATH
| Q1 26 | -0.2% | — | ||
| Q4 25 | 4.5% | 83.3% | ||
| Q3 25 | 4.7% | 82.2% | ||
| Q2 25 | 11.0% | 82.1% | ||
| Q1 25 | 9.7% | 84.8% | ||
| Q4 24 | 3.8% | 82.0% | ||
| Q3 24 | 7.7% | 80.0% | ||
| Q2 24 | -0.6% | 83.5% |
营业利润率CLWPATH
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 3.2% | ||
| Q3 25 | -13.9% | -5.6% | ||
| Q2 25 | 2.5% | -4.6% | ||
| Q1 25 | -1.1% | 7.9% | ||
| Q4 24 | -4.0% | -12.2% | ||
| Q3 24 | -0.3% | -32.7% | ||
| Q2 24 | -13.6% | -14.8% |
净利率CLWPATH
| Q1 26 | -3.6% | — | ||
| Q4 25 | 9.9% | 48.4% | ||
| Q3 25 | -13.4% | 0.4% | ||
| Q2 25 | 0.7% | -6.3% | ||
| Q1 25 | -1.7% | 12.2% | ||
| Q4 24 | 51.4% | -3.0% | ||
| Q3 24 | 1.5% | -27.2% | ||
| Q2 24 | -7.5% | -8.6% |
每股收益（稀释后）CLWPATH
| Q1 26 | — | — | ||
| Q4 25 | $2.36 | $0.37 | ||
| Q3 25 | $-3.30 | $0.00 | ||
| Q2 25 | $0.17 | $-0.04 | ||
| Q1 25 | $-0.38 | $0.09 | ||
| Q4 24 | $11.87 | $-0.02 | ||
| Q3 24 | $0.35 | $-0.15 | ||
| Q2 24 | $-1.55 | $-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 | $36.5M | $1.4B |
| 总债务越低越好 | $361.1M | — |
| 股东权益账面价值 | $813.8M | $1.9B |
| 总资产 | $1.6B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.44× | — |
8季度趋势，按日历期对齐
现金及短期投资CLWPATH
| Q1 26 | $36.5M | — | ||
| Q4 25 | $30.7M | $1.4B | ||
| Q3 25 | $34.4M | $1.4B | ||
| Q2 25 | $46.7M | $1.6B | ||
| Q1 25 | $44.0M | $1.6B | ||
| Q4 24 | $79.6M | $1.6B | ||
| Q3 24 | $35.5M | $1.7B | ||
| Q2 24 | $39.6M | $1.9B |
总债务CLWPATH
| Q1 26 | $361.1M | — | ||
| Q4 25 | $346.8M | — | ||
| Q3 25 | $337.0M | — | ||
| Q2 25 | $330.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $283.4M | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.1B | — |
股东权益CLWPATH
| Q1 26 | $813.8M | — | ||
| Q4 25 | $825.3M | $1.9B | ||
| Q3 25 | $783.0M | $1.7B | ||
| Q2 25 | $836.8M | $1.7B | ||
| Q1 25 | $836.6M | $1.8B | ||
| Q4 24 | $854.6M | $1.7B | ||
| Q3 24 | $664.6M | $1.8B | ||
| Q2 24 | $658.6M | $2.0B |
总资产CLWPATH
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $2.9B | ||
| Q3 25 | $1.6B | $2.6B | ||
| Q2 25 | $1.6B | $2.6B | ||
| Q1 25 | $1.6B | $2.9B | ||
| Q4 24 | $1.7B | $2.7B | ||
| Q3 24 | $2.5B | $2.7B | ||
| Q2 24 | $2.5B | $2.8B |
负债/权益比CLWPATH
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.42× | — | ||
| Q3 25 | 0.43× | — | ||
| Q2 25 | 0.39× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.33× | — | ||
| Q3 24 | 1.73× | — | ||
| Q2 24 | 1.74× | — |
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 | — | $28.3M |
| 自由现金流经营现金流 - 资本支出 | — | $25.1M |
| 自由现金流率自由现金流/营收 | — | 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 | — | 0.14× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CLWPATH
| Q1 26 | — | — | ||
| Q4 25 | $5.0M | $28.3M | ||
| Q3 25 | $34.0M | $41.6M | ||
| Q2 25 | $-28.2M | $119.0M | ||
| Q1 25 | $1.5M | $146.1M | ||
| Q4 24 | $-35.1M | $28.1M | ||
| Q3 24 | $16.2M | $46.4M | ||
| Q2 24 | $21.1M | $100.0M |
自由现金流CLWPATH
| Q1 26 | — | — | ||
| Q4 25 | $-9.9M | $25.1M | ||
| Q3 25 | $15.7M | — | ||
| Q2 25 | $-51.1M | $106.2M | ||
| Q1 25 | $-31.2M | $138.7M | ||
| Q4 24 | $-68.1M | $23.2M | ||
| Q3 24 | $-30.8M | $45.0M | ||
| Q2 24 | $3.0M | $98.8M |
自由现金流率CLWPATH
| Q1 26 | — | — | ||
| Q4 25 | -2.6% | 6.1% | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | -13.0% | 29.8% | ||
| Q1 25 | -8.2% | 32.7% | ||
| Q4 24 | -17.6% | 6.5% | ||
| Q3 24 | -7.8% | 14.2% | ||
| Q2 24 | 0.9% | 29.5% |
资本支出强度CLWPATH
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 0.8% | ||
| Q3 25 | 4.6% | 0.0% | ||
| Q2 25 | 5.8% | 3.6% | ||
| Q1 25 | 8.6% | 1.7% | ||
| Q4 24 | 8.5% | 1.4% | ||
| Q3 24 | 12.0% | 0.4% | ||
| Q2 24 | 5.3% | 0.4% |
现金转化率CLWPATH
| Q1 26 | — | — | ||
| Q4 25 | 0.13× | 0.14× | ||
| Q3 25 | — | 26.25× | ||
| Q2 25 | -10.44× | — | ||
| Q1 25 | — | 2.82× | ||
| Q4 24 | -0.18× | — | ||
| Q3 24 | 2.79× | — | ||
| 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
CLW
暂无分部数据
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
