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ExlService Holdings, Inc.（EXLS）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
ExlService Holdings, Inc.的季度营收约是UiPath, Inc.的1.3倍（$542.6M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 11.1%，领先37.3%），UiPath, Inc.同比增速更快（15.9% vs 12.7%），ExlService Holdings, Inc.自由现金流更多（$106.5M vs $25.1M），过去两年ExlService Holdings, Inc.的营收复合增速更高（11.5% vs 0.7%）
ExlService Holdings Inc.是全球知名的分析与数字解决方案服务商，服务覆盖保险、医疗健康、银行金融服务、媒体、零售等多个行业，总部位于纽约，在美国、欧洲、亚洲、拉美、澳大利亚、南非等地拥有超过5.4万名专业从业人员。
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。
EXLS vs PATH — 直观对比
营收规模更大
EXLS
是对方的1.3倍
$411.1M
营收增速更快
PATH
高出3.2%
12.7%
净利率更高
PATH
高出37.3%
11.1%
自由现金流更多
EXLS
多$81.4M
$25.1M
两年增速更快
EXLS
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $411.1M |
| 净利润 | $60.2M | $198.8M |
| 毛利率 | 38.6% | 83.3% |
| 营业利润率 | 14.4% | 3.2% |
| 净利率 | 11.1% | 48.4% |
| 营收同比 | 12.7% | 15.9% |
| 净利润同比 | 18.9% | 1966.2% |
| 每股收益（稀释后） | $0.38 | $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EXLSPATH
| Q4 25 | $542.6M | $411.1M | ||
| Q3 25 | $529.6M | $361.7M | ||
| Q2 25 | $514.5M | $356.6M | ||
| Q1 25 | $501.0M | $423.6M | ||
| Q4 24 | $481.4M | $354.7M | ||
| Q3 24 | $472.1M | $316.3M | ||
| Q2 24 | $448.4M | $335.1M | ||
| Q1 24 | $436.5M | $405.3M |
净利润EXLSPATH
| Q4 25 | $60.2M | $198.8M | ||
| Q3 25 | $58.2M | $1.6M | ||
| Q2 25 | $66.1M | $-22.6M | ||
| Q1 25 | $66.6M | $51.8M | ||
| Q4 24 | $50.7M | $-10.7M | ||
| Q3 24 | $53.0M | $-86.1M | ||
| Q2 24 | $45.8M | $-28.7M | ||
| Q1 24 | $48.8M | $33.9M |
毛利率EXLSPATH
| Q4 25 | 38.6% | 83.3% | ||
| Q3 25 | 38.5% | 82.2% | ||
| Q2 25 | 37.7% | 82.1% | ||
| Q1 25 | 38.6% | 84.8% | ||
| Q4 24 | 38.1% | 82.0% | ||
| Q3 24 | 37.8% | 80.0% | ||
| Q2 24 | 37.1% | 83.5% | ||
| Q1 24 | 37.4% | 86.8% |
营业利润率EXLSPATH
| Q4 25 | 14.4% | 3.2% | ||
| Q3 25 | 14.4% | -5.6% | ||
| Q2 25 | 15.8% | -4.6% | ||
| Q1 25 | 15.7% | 7.9% | ||
| Q4 24 | 14.8% | -12.2% | ||
| Q3 24 | 14.7% | -32.7% | ||
| Q2 24 | 13.7% | -14.8% | ||
| Q1 24 | 14.1% | 3.7% |
净利率EXLSPATH
| Q4 25 | 11.1% | 48.4% | ||
| Q3 25 | 11.0% | 0.4% | ||
| Q2 25 | 12.8% | -6.3% | ||
| Q1 25 | 13.3% | 12.2% | ||
| Q4 24 | 10.5% | -3.0% | ||
| Q3 24 | 11.2% | -27.2% | ||
| Q2 24 | 10.2% | -8.6% | ||
| Q1 24 | 11.2% | 8.4% |
每股收益（稀释后）EXLSPATH
| Q4 25 | $0.38 | $0.37 | ||
| Q3 25 | $0.36 | $0.00 | ||
| Q2 25 | $0.40 | $-0.04 | ||
| Q1 25 | $0.40 | $0.09 | ||
| Q4 24 | $0.31 | $-0.02 | ||
| Q3 24 | $0.33 | $-0.15 | ||
| Q2 24 | $0.28 | $-0.05 | ||
| Q1 24 | $0.29 | $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 | $328.4M | $1.4B |
| 总债务越低越好 | $298.6M | — |
| 股东权益账面价值 | $912.7M | $1.9B |
| 总资产 | $1.7B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.33× | — |
8季度趋势，按日历期对齐
现金及短期投资EXLSPATH
| Q4 25 | $328.4M | $1.4B | ||
| Q3 25 | $390.1M | $1.4B | ||
| Q2 25 | $353.3M | $1.6B | ||
| Q1 25 | $331.4M | $1.6B | ||
| Q4 24 | $340.6M | $1.6B | ||
| Q3 24 | $325.8M | $1.7B | ||
| Q2 24 | $276.1M | $1.9B | ||
| Q1 24 | $246.2M | $1.9B |
总债务EXLSPATH
| Q4 25 | $298.6M | — | ||
| Q3 25 | $354.8M | — | ||
| Q2 25 | $260.0M | — | ||
| Q1 25 | $307.3M | — | ||
| Q4 24 | $288.5M | — | ||
| Q3 24 | $344.7M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EXLSPATH
| Q4 25 | $912.7M | $1.9B | ||
| Q3 25 | $952.4M | $1.7B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.0B | $1.8B | ||
| Q4 24 | $929.9M | $1.7B | ||
| Q3 24 | $907.6M | $1.8B | ||
| Q2 24 | $852.6M | $2.0B | ||
| Q1 24 | $803.3M | $2.0B |
总资产EXLSPATH
| Q4 25 | $1.7B | $2.9B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.7B | $2.9B | ||
| Q4 24 | $1.6B | $2.7B | ||
| Q3 24 | $1.6B | $2.7B | ||
| Q2 24 | $1.5B | $2.8B | ||
| Q1 24 | $1.4B | $3.0B |
负债/权益比EXLSPATH
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.37× | — | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 0.38× | — | ||
| 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 | $117.4M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $25.1M |
| 自由现金流率自由现金流/营收 | 19.6% | 6.1% |
| 资本支出强度资本支出/营收 | 2.0% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.95× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $298.1M | — |
8季度趋势，按日历期对齐
经营现金流EXLSPATH
| Q4 25 | $117.4M | $28.3M | ||
| Q3 25 | $120.7M | $41.6M | ||
| Q2 25 | $109.4M | $119.0M | ||
| Q1 25 | $3.2M | $146.1M | ||
| Q4 24 | $105.3M | $28.1M | ||
| Q3 24 | $110.1M | $46.4M | ||
| Q2 24 | $74.9M | $100.0M | ||
| Q1 24 | $-21.9M | $145.6M |
自由现金流EXLSPATH
| Q4 25 | $106.5M | $25.1M | ||
| Q3 25 | $106.4M | — | ||
| Q2 25 | $95.0M | $106.2M | ||
| Q1 25 | $-9.7M | $138.7M | ||
| Q4 24 | $95.3M | $23.2M | ||
| Q3 24 | $97.3M | $45.0M | ||
| Q2 24 | $62.8M | $98.8M | ||
| Q1 24 | $-33.1M | $141.8M |
自由现金流率EXLSPATH
| Q4 25 | 19.6% | 6.1% | ||
| Q3 25 | 20.1% | — | ||
| Q2 25 | 18.5% | 29.8% | ||
| Q1 25 | -1.9% | 32.7% | ||
| Q4 24 | 19.8% | 6.5% | ||
| Q3 24 | 20.6% | 14.2% | ||
| Q2 24 | 14.0% | 29.5% | ||
| Q1 24 | -7.6% | 35.0% |
资本支出强度EXLSPATH
| Q4 25 | 2.0% | 0.8% | ||
| Q3 25 | 2.7% | 0.0% | ||
| Q2 25 | 2.8% | 3.6% | ||
| Q1 25 | 2.6% | 1.7% | ||
| Q4 24 | 2.1% | 1.4% | ||
| Q3 24 | 2.7% | 0.4% | ||
| Q2 24 | 2.7% | 0.4% | ||
| Q1 24 | 2.6% | 0.9% |
现金转化率EXLSPATH
| Q4 25 | 1.95× | 0.14× | ||
| Q3 25 | 2.08× | 26.25× | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | 0.05× | 2.82× | ||
| Q4 24 | 2.08× | — | ||
| Q3 24 | 2.08× | — | ||
| Q2 24 | 1.63× | — | ||
| Q1 24 | -0.45× | 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
EXLS
| Insurance | $185.8M | 34% |
| Healthcare And Life Sciences | $142.2M | 26% |
| Banking Capital Markets And Diversified Industries | $122.6M | 23% |
| International Growth Markets | $92.0M | 17% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
