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DELUXE CORP（DLX）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
DELUXE CORP的季度营收约是UiPath, Inc.的1.3倍（$535.2M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 2.2%，领先46.1%），UiPath, Inc.同比增速更快（15.9% vs 2.8%），过去两年UiPath, Inc.的营收复合增速更高（0.7% vs 0.0%）
德朗士公司是一家美国企业，提供支付处理、数据服务、票据与促销产品以及商户服务，业务分为B2B支付、数据、印刷和商户服务四大板块。截至2025年，公司为数百万中小企业和数千家金融机构提供服务，每年处理支付交易总额超2.8万亿美元，虽传统核心业务为票据印刷等印刷产品，如今支付与数据服务已成为核心板块。
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。
DLX vs PATH — 直观对比
营收规模更大
DLX
是对方的1.3倍
$411.1M
营收增速更快
PATH
高出13.1%
2.8%
净利率更高
PATH
高出46.1%
2.2%
两年增速更快
PATH
近两年复合增速
0.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $535.2M | $411.1M |
| 净利润 | $12.0M | $198.8M |
| 毛利率 | 52.2% | 83.3% |
| 营业利润率 | 8.9% | 3.2% |
| 净利率 | 2.2% | 48.4% |
| 营收同比 | 2.8% | 15.9% |
| 净利润同比 | -5.0% | 1966.2% |
| 每股收益（稀释后） | $0.25 | $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DLXPATH
| Q4 25 | $535.2M | $411.1M | ||
| Q3 25 | $540.2M | $361.7M | ||
| Q2 25 | $521.3M | $356.6M | ||
| Q1 25 | $536.5M | $423.6M | ||
| Q4 24 | $520.6M | $354.7M | ||
| Q3 24 | $528.4M | $316.3M | ||
| Q2 24 | $537.8M | $335.1M | ||
| Q1 24 | $535.0M | $405.3M |
净利润DLXPATH
| Q4 25 | $12.0M | $198.8M | ||
| Q3 25 | $33.7M | $1.6M | ||
| Q2 25 | $22.4M | $-22.6M | ||
| Q1 25 | $14.0M | $51.8M | ||
| Q4 24 | $12.6M | $-10.7M | ||
| Q3 24 | $8.9M | $-86.1M | ||
| Q2 24 | $20.5M | $-28.7M | ||
| Q1 24 | $10.8M | $33.9M |
毛利率DLXPATH
| Q4 25 | 52.2% | 83.3% | ||
| Q3 25 | 53.9% | 82.2% | ||
| Q2 25 | 53.6% | 82.1% | ||
| Q1 25 | 52.4% | 84.8% | ||
| Q4 24 | 52.3% | 82.0% | ||
| Q3 24 | 53.3% | 80.0% | ||
| Q2 24 | 53.7% | 83.5% | ||
| Q1 24 | 53.0% | 86.8% |
营业利润率DLXPATH
| Q4 25 | 8.9% | 3.2% | ||
| Q3 25 | 14.0% | -5.6% | ||
| Q2 25 | 11.7% | -4.6% | ||
| Q1 25 | 9.0% | 7.9% | ||
| Q4 24 | 9.0% | -12.2% | ||
| Q3 24 | 7.9% | -32.7% | ||
| Q2 24 | 11.0% | -14.8% | ||
| Q1 24 | 8.3% | 3.7% |
净利率DLXPATH
| Q4 25 | 2.2% | 48.4% | ||
| Q3 25 | 6.2% | 0.4% | ||
| Q2 25 | 4.3% | -6.3% | ||
| Q1 25 | 2.6% | 12.2% | ||
| Q4 24 | 2.4% | -3.0% | ||
| Q3 24 | 1.7% | -27.2% | ||
| Q2 24 | 3.8% | -8.6% | ||
| Q1 24 | 2.0% | 8.4% |
每股收益（稀释后）DLXPATH
| Q4 25 | $0.25 | $0.37 | ||
| Q3 25 | $0.74 | $0.00 | ||
| Q2 25 | $0.50 | $-0.04 | ||
| Q1 25 | $0.31 | $0.09 | ||
| Q4 24 | $0.28 | $-0.02 | ||
| Q3 24 | $0.20 | $-0.15 | ||
| Q2 24 | $0.46 | $-0.05 | ||
| Q1 24 | $0.24 | $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 | $36.9M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $680.7M | $1.9B |
| 总资产 | $2.9B | $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DLXPATH
| Q4 25 | $36.9M | $1.4B | ||
| Q3 25 | $25.8M | $1.4B | ||
| Q2 25 | $26.0M | $1.6B | ||
| Q1 25 | $30.3M | $1.6B | ||
| Q4 24 | $34.4M | $1.6B | ||
| Q3 24 | $41.3M | $1.7B | ||
| Q2 24 | $23.1M | $1.9B | ||
| Q1 24 | $23.5M | $1.9B |
股东权益DLXPATH
| Q4 25 | $680.7M | $1.9B | ||
| Q3 25 | $664.1M | $1.7B | ||
| Q2 25 | $638.7M | $1.7B | ||
| Q1 25 | $622.5M | $1.8B | ||
| Q4 24 | $620.9M | $1.7B | ||
| Q3 24 | $612.7M | $1.8B | ||
| Q2 24 | $620.5M | $2.0B | ||
| Q1 24 | $608.4M | $2.0B |
总资产DLXPATH
| Q4 25 | $2.9B | $2.9B | ||
| Q3 25 | $2.6B | $2.6B | ||
| Q2 25 | $2.5B | $2.6B | ||
| Q1 25 | $2.6B | $2.9B | ||
| Q4 24 | $2.8B | $2.7B | ||
| Q3 24 | $2.6B | $2.7B | ||
| Q2 24 | $2.7B | $2.8B | ||
| Q1 24 | $2.7B | $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 | $102.1M | $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 | 8.53× | 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DLXPATH
| Q4 25 | $102.1M | $28.3M | ||
| Q3 25 | $67.1M | $41.6M | ||
| Q2 25 | $51.1M | $119.0M | ||
| Q1 25 | $50.3M | $146.1M | ||
| Q4 24 | $60.2M | $28.1M | ||
| Q3 24 | $67.9M | $46.4M | ||
| Q2 24 | $39.6M | $100.0M | ||
| Q1 24 | $26.6M | $145.6M |
自由现金流DLXPATH
| Q4 25 | — | $25.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | $27.8M | $106.2M | ||
| Q1 25 | $24.3M | $138.7M | ||
| Q4 24 | — | $23.2M | ||
| Q3 24 | $46.7M | $45.0M | ||
| Q2 24 | $11.4M | $98.8M | ||
| Q1 24 | $6.1M | $141.8M |
自由现金流率DLXPATH
| Q4 25 | — | 6.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.3% | 29.8% | ||
| Q1 25 | 4.5% | 32.7% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | 8.8% | 14.2% | ||
| Q2 24 | 2.1% | 29.5% | ||
| Q1 24 | 1.1% | 35.0% |
资本支出强度DLXPATH
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | 4.5% | 3.6% | ||
| Q1 25 | 4.8% | 1.7% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 4.0% | 0.4% | ||
| Q2 24 | 5.2% | 0.4% | ||
| Q1 24 | 3.8% | 0.9% |
现金转化率DLXPATH
| Q4 25 | 8.53× | 0.14× | ||
| Q3 25 | 1.99× | 26.25× | ||
| Q2 25 | 2.28× | — | ||
| Q1 25 | 3.59× | 2.82× | ||
| Q4 24 | 4.77× | — | ||
| Q3 24 | 7.60× | — | ||
| Q2 24 | 1.94× | — | ||
| Q1 24 | 2.46× | 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
DLX
| Services | $247.9M | 46% |
| B2B Payments | $76.3M | 14% |
| Datadrivenmarketingsolutions | $68.5M | 13% |
| Promotional Solutions Revenue | $60.9M | 11% |
| Treasurymanagementsolutions | $59.8M | 11% |
| Other | $17.3M | 3% |
| Other Web Based Solutions | $4.6M | 1% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
