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Datadog（DDOG）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
Datadog的季度营收约是UiPath, Inc.的2.3倍（$953.2M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 4.9%，领先43.5%），Datadog同比增速更快（29.2% vs 15.9%），Datadog自由现金流更多（$318.2M vs $25.1M），过去两年Datadog的营收复合增速更高（24.9% vs 0.7%）
Datadog是一家美国企业，为云级应用提供可观测性服务，旗下SaaS数据分析平台可实现对服务器、数据库、各类工具及服务的统一监控。公司成立并总部位于纽约，目前在纳斯达克证券交易所公开上市。
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。
DDOG vs PATH — 直观对比
营收规模更大
DDOG
是对方的2.3倍
$411.1M
营收增速更快
DDOG
高出13.3%
15.9%
净利率更高
PATH
高出43.5%
4.9%
自由现金流更多
DDOG
多$293.1M
$25.1M
两年增速更快
DDOG
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $953.2M | $411.1M |
| 净利润 | $46.6M | $198.8M |
| 毛利率 | 80.4% | 83.3% |
| 营业利润率 | 1.0% | 3.2% |
| 净利率 | 4.9% | 48.4% |
| 营收同比 | 29.2% | 15.9% |
| 净利润同比 | 2.1% | 1966.2% |
| 每股收益（稀释后） | $0.13 | $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DDOGPATH
| Q4 25 | $953.2M | $411.1M | ||
| Q3 25 | $885.7M | $361.7M | ||
| Q2 25 | $826.8M | $356.6M | ||
| Q1 25 | $761.6M | $423.6M | ||
| Q4 24 | $737.7M | $354.7M | ||
| Q3 24 | $690.0M | $316.3M | ||
| Q2 24 | $645.3M | $335.1M | ||
| Q1 24 | $611.3M | $405.3M |
净利润DDOGPATH
| Q4 25 | $46.6M | $198.8M | ||
| Q3 25 | $33.9M | $1.6M | ||
| Q2 25 | $2.6M | $-22.6M | ||
| Q1 25 | $24.6M | $51.8M | ||
| Q4 24 | $45.6M | $-10.7M | ||
| Q3 24 | $51.7M | $-86.1M | ||
| Q2 24 | $43.8M | $-28.7M | ||
| Q1 24 | $42.6M | $33.9M |
毛利率DDOGPATH
| Q4 25 | 80.4% | 83.3% | ||
| Q3 25 | 80.1% | 82.2% | ||
| Q2 25 | 79.9% | 82.1% | ||
| Q1 25 | 79.3% | 84.8% | ||
| Q4 24 | 80.5% | 82.0% | ||
| Q3 24 | 80.0% | 80.0% | ||
| Q2 24 | 80.9% | 83.5% | ||
| Q1 24 | 82.0% | 86.8% |
营业利润率DDOGPATH
| Q4 25 | 1.0% | 3.2% | ||
| Q3 25 | -0.7% | -5.6% | ||
| Q2 25 | -4.3% | -4.6% | ||
| Q1 25 | -1.6% | 7.9% | ||
| Q4 24 | 1.3% | -12.2% | ||
| Q3 24 | 2.9% | -32.7% | ||
| Q2 24 | 2.0% | -14.8% | ||
| Q1 24 | 2.0% | 3.7% |
净利率DDOGPATH
| Q4 25 | 4.9% | 48.4% | ||
| Q3 25 | 3.8% | 0.4% | ||
| Q2 25 | 0.3% | -6.3% | ||
| Q1 25 | 3.2% | 12.2% | ||
| Q4 24 | 6.2% | -3.0% | ||
| Q3 24 | 7.5% | -27.2% | ||
| Q2 24 | 6.8% | -8.6% | ||
| Q1 24 | 7.0% | 8.4% |
每股收益（稀释后）DDOGPATH
| Q4 25 | $0.13 | $0.37 | ||
| Q3 25 | $0.10 | $0.00 | ||
| Q2 25 | $0.01 | $-0.04 | ||
| Q1 25 | $0.07 | $0.09 | ||
| Q4 24 | $0.14 | $-0.02 | ||
| Q3 24 | $0.14 | $-0.15 | ||
| Q2 24 | $0.12 | $-0.05 | ||
| Q1 24 | $0.12 | $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 | $401.3M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.7B | $1.9B |
| 总资产 | $6.6B | $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DDOGPATH
| Q4 25 | $401.3M | $1.4B | ||
| Q3 25 | $540.6M | $1.4B | ||
| Q2 25 | $489.0M | $1.6B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.2B | $1.6B | ||
| Q3 24 | $337.4M | $1.7B | ||
| Q2 24 | $411.0M | $1.9B | ||
| Q1 24 | $282.2M | $1.9B |
股东权益DDOGPATH
| Q4 25 | $3.7B | $1.9B | ||
| Q3 25 | $3.4B | $1.7B | ||
| Q2 25 | $3.2B | $1.7B | ||
| Q1 25 | $2.9B | $1.8B | ||
| Q4 24 | $2.7B | $1.7B | ||
| Q3 24 | $2.6B | $1.8B | ||
| Q2 24 | $2.4B | $2.0B | ||
| Q1 24 | $2.2B | $2.0B |
总资产DDOGPATH
| Q4 25 | $6.6B | $2.9B | ||
| Q3 25 | $6.1B | $2.6B | ||
| Q2 25 | $5.8B | $2.6B | ||
| Q1 25 | $6.0B | $2.9B | ||
| Q4 24 | $5.8B | $2.7B | ||
| Q3 24 | $4.6B | $2.7B | ||
| Q2 24 | $4.4B | $2.8B | ||
| Q1 24 | $4.1B | $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 | $327.1M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $318.2M | $25.1M |
| 自由现金流率自由现金流/营收 | 33.4% | 6.1% |
| 资本支出强度资本支出/营收 | 0.9% | 0.8% |
| 现金转化率经营现金流/净利润 | 7.02× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $1.0B | — |
8季度趋势，按日历期对齐
经营现金流DDOGPATH
| Q4 25 | $327.1M | $28.3M | ||
| Q3 25 | $251.5M | $41.6M | ||
| Q2 25 | $200.1M | $119.0M | ||
| Q1 25 | $271.5M | $146.1M | ||
| Q4 24 | $265.2M | $28.1M | ||
| Q3 24 | $228.7M | $46.4M | ||
| Q2 24 | $164.4M | $100.0M | ||
| Q1 24 | $212.3M | $145.6M |
自由现金流DDOGPATH
| Q4 25 | $318.2M | $25.1M | ||
| Q3 25 | $234.7M | — | ||
| Q2 25 | $184.9M | $106.2M | ||
| Q1 25 | $262.8M | $138.7M | ||
| Q4 24 | $257.5M | $23.2M | ||
| Q3 24 | $220.3M | $45.0M | ||
| Q2 24 | $160.0M | $98.8M | ||
| Q1 24 | $198.1M | $141.8M |
自由现金流率DDOGPATH
| Q4 25 | 33.4% | 6.1% | ||
| Q3 25 | 26.5% | — | ||
| Q2 25 | 22.4% | 29.8% | ||
| Q1 25 | 34.5% | 32.7% | ||
| Q4 24 | 34.9% | 6.5% | ||
| Q3 24 | 31.9% | 14.2% | ||
| Q2 24 | 24.8% | 29.5% | ||
| Q1 24 | 32.4% | 35.0% |
资本支出强度DDOGPATH
| Q4 25 | 0.9% | 0.8% | ||
| Q3 25 | 1.9% | 0.0% | ||
| Q2 25 | 1.8% | 3.6% | ||
| Q1 25 | 1.1% | 1.7% | ||
| Q4 24 | 1.1% | 1.4% | ||
| Q3 24 | 1.2% | 0.4% | ||
| Q2 24 | 0.7% | 0.4% | ||
| Q1 24 | 2.3% | 0.9% |
现金转化率DDOGPATH
| Q4 25 | 7.02× | 0.14× | ||
| Q3 25 | 7.42× | 26.25× | ||
| Q2 25 | 75.58× | — | ||
| Q1 25 | 11.02× | 2.82× | ||
| Q4 24 | 5.82× | — | ||
| Q3 24 | 4.42× | — | ||
| Q2 24 | 3.75× | — | ||
| Q1 24 | 4.98× | 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
DDOG
| North America | $678.7M | 71% |
| International | $274.5M | 29% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
