vs
FactSet（FDS）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
FactSet的季度营收约是UiPath, Inc.的1.5倍（$607.6M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 25.1%，领先23.3%），UiPath, Inc.同比增速更快（15.9% vs 6.9%），FactSet自由现金流更多（$90.4M vs $25.1M），过去两年FactSet的营收复合增速更高（5.5% vs 0.7%）
FactSet是总部位于美国康涅狄格州诺沃克的金融数据与软件企业，为客户提供一体化数据及软件解决方案。2024财年，公司年度订阅价值与专业服务营收合计22亿美元，当前总市值约170亿美元。
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。
FDS vs PATH — 直观对比
营收规模更大
FDS
是对方的1.5倍
$411.1M
营收增速更快
PATH
高出9.1%
6.9%
净利率更高
PATH
高出23.3%
25.1%
自由现金流更多
FDS
多$65.3M
$25.1M
两年增速更快
FDS
近两年复合增速
0.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $607.6M | $411.1M |
| 净利润 | $152.6M | $198.8M |
| 毛利率 | 52.6% | 83.3% |
| 营业利润率 | 31.6% | 3.2% |
| 净利率 | 25.1% | 48.4% |
| 营收同比 | 6.9% | 15.9% |
| 净利润同比 | 1.7% | 1966.2% |
| 每股收益（稀释后） | $4.06 | $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FDSPATH
| Q4 25 | $607.6M | $411.1M | ||
| Q3 25 | $596.9M | $361.7M | ||
| Q2 25 | $585.5M | $356.6M | ||
| Q1 25 | $570.7M | $423.6M | ||
| Q4 24 | $568.7M | $354.7M | ||
| Q3 24 | $562.2M | $316.3M | ||
| Q2 24 | $552.7M | $335.1M | ||
| Q1 24 | $545.9M | $405.3M |
净利润FDSPATH
| Q4 25 | $152.6M | $198.8M | ||
| Q3 25 | $153.6M | $1.6M | ||
| Q2 25 | $148.5M | $-22.6M | ||
| Q1 25 | $144.9M | $51.8M | ||
| Q4 24 | $150.0M | $-10.7M | ||
| Q3 24 | $89.5M | $-86.1M | ||
| Q2 24 | $158.1M | $-28.7M | ||
| Q1 24 | $140.9M | $33.9M |
毛利率FDSPATH
| Q4 25 | 52.6% | 83.3% | ||
| Q3 25 | 51.6% | 82.2% | ||
| Q2 25 | 52.1% | 82.1% | ||
| Q1 25 | 52.8% | 84.8% | ||
| Q4 24 | 54.5% | 82.0% | ||
| Q3 24 | 54.1% | 80.0% | ||
| Q2 24 | 55.3% | 83.5% | ||
| Q1 24 | 53.3% | 86.8% |
营业利润率FDSPATH
| Q4 25 | 31.6% | 3.2% | ||
| Q3 25 | 29.7% | -5.6% | ||
| Q2 25 | 33.2% | -4.6% | ||
| Q1 25 | 32.5% | 7.9% | ||
| Q4 24 | 33.6% | -12.2% | ||
| Q3 24 | 22.7% | -32.7% | ||
| Q2 24 | 36.6% | -14.8% | ||
| Q1 24 | 33.3% | 3.7% |
净利率FDSPATH
| Q4 25 | 25.1% | 48.4% | ||
| Q3 25 | 25.7% | 0.4% | ||
| Q2 25 | 25.4% | -6.3% | ||
| Q1 25 | 25.4% | 12.2% | ||
| Q4 24 | 26.4% | -3.0% | ||
| Q3 24 | 15.9% | -27.2% | ||
| Q2 24 | 28.6% | -8.6% | ||
| Q1 24 | 25.8% | 8.4% |
每股收益（稀释后）FDSPATH
| Q4 25 | $4.06 | $0.37 | ||
| Q3 25 | $4.03 | $0.00 | ||
| Q2 25 | $3.87 | $-0.04 | ||
| Q1 25 | $3.76 | $0.09 | ||
| Q4 24 | $3.89 | $-0.02 | ||
| Q3 24 | $2.33 | $-0.15 | ||
| Q2 24 | $4.09 | $-0.05 | ||
| Q1 24 | $3.65 | $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 | $292.7M | $1.4B |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $2.2B | $1.9B |
| 总资产 | $4.2B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.63× | — |
8季度趋势，按日历期对齐
现金及短期投资FDSPATH
| Q4 25 | $292.7M | $1.4B | ||
| Q3 25 | $355.1M | $1.4B | ||
| Q2 25 | $364.0M | $1.6B | ||
| Q1 25 | $287.0M | $1.6B | ||
| Q4 24 | $358.8M | $1.6B | ||
| Q3 24 | $492.6M | $1.7B | ||
| Q2 24 | $522.0M | $1.9B | ||
| Q1 24 | $450.2M | $1.9B |
总债务FDSPATH
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.5B | — |
股东权益FDSPATH
| Q4 25 | $2.2B | $1.9B | ||
| Q3 25 | $2.2B | $1.7B | ||
| Q2 25 | $2.2B | $1.7B | ||
| Q1 25 | $2.1B | $1.8B | ||
| Q4 24 | $2.0B | $1.7B | ||
| Q3 24 | $1.9B | $1.8B | ||
| Q2 24 | $1.9B | $2.0B | ||
| Q1 24 | $1.8B | $2.0B |
总资产FDSPATH
| Q4 25 | $4.2B | $2.9B | ||
| Q3 25 | $4.3B | $2.6B | ||
| Q2 25 | $4.3B | $2.6B | ||
| Q1 25 | $4.2B | $2.9B | ||
| Q4 24 | $4.0B | $2.7B | ||
| Q3 24 | $4.1B | $2.7B | ||
| Q2 24 | $4.0B | $2.8B | ||
| Q1 24 | $4.0B | $3.0B |
负债/权益比FDSPATH
| Q4 25 | 0.63× | — | ||
| Q3 25 | 0.63× | — | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.71× | — | ||
| Q2 24 | 0.76× | — | ||
| Q1 24 | 0.83× | — |
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 | $121.3M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $90.4M | $25.1M |
| 自由现金流率自由现金流/营收 | 14.9% | 6.1% |
| 资本支出强度资本支出/营收 | 5.1% | 0.8% |
| 现金转化率经营现金流/净利润 | 0.79× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $647.4M | — |
8季度趋势，按日历期对齐
经营现金流FDSPATH
| Q4 25 | $121.3M | $28.3M | ||
| Q3 25 | $212.1M | $41.6M | ||
| Q2 25 | $253.8M | $119.0M | ||
| Q1 25 | $174.0M | $146.1M | ||
| Q4 24 | $86.4M | $28.1M | ||
| Q3 24 | $163.2M | $46.4M | ||
| Q2 24 | $238.2M | $100.0M | ||
| Q1 24 | $143.8M | $145.6M |
自由现金流FDSPATH
| Q4 25 | $90.4M | $25.1M | ||
| Q3 25 | $178.1M | — | ||
| Q2 25 | $228.6M | $106.2M | ||
| Q1 25 | $150.2M | $138.7M | ||
| Q4 24 | $60.5M | $23.2M | ||
| Q3 24 | $137.2M | $45.0M | ||
| Q2 24 | $216.9M | $98.8M | ||
| Q1 24 | $121.9M | $141.8M |
自由现金流率FDSPATH
| Q4 25 | 14.9% | 6.1% | ||
| Q3 25 | 29.8% | — | ||
| Q2 25 | 39.0% | 29.8% | ||
| Q1 25 | 26.3% | 32.7% | ||
| Q4 24 | 10.6% | 6.5% | ||
| Q3 24 | 24.4% | 14.2% | ||
| Q2 24 | 39.2% | 29.5% | ||
| Q1 24 | 22.3% | 35.0% |
资本支出强度FDSPATH
| Q4 25 | 5.1% | 0.8% | ||
| Q3 25 | 5.7% | 0.0% | ||
| Q2 25 | 4.3% | 3.6% | ||
| Q1 25 | 4.2% | 1.7% | ||
| Q4 24 | 4.5% | 1.4% | ||
| Q3 24 | 4.6% | 0.4% | ||
| Q2 24 | 3.9% | 0.4% | ||
| Q1 24 | 4.0% | 0.9% |
现金转化率FDSPATH
| Q4 25 | 0.79× | 0.14× | ||
| Q3 25 | 1.38× | 26.25× | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.20× | 2.82× | ||
| Q4 24 | 0.58× | — | ||
| Q3 24 | 1.82× | — | ||
| Q2 24 | 1.51× | — | ||
| Q1 24 | 1.02× | 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
FDS
| Americas Segment | $399.7M | 66% |
| EMEA Segment | $149.1M | 25% |
| Asia Pacific Segment | $62.2M | 10% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
