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Fidelity National Financial, Inc.（FNF）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
Fidelity National Financial, Inc.的季度营收约是UiPath, Inc.的1.3倍（$544.0M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs -21.5%，领先69.9%），UiPath, Inc.同比增速更快（15.9% vs 10.3%），过去两年Fidelity National Financial, Inc.的营收复合增速更高（13.7% vs 0.7%）
富达国民金融是美国财富500强企业，主要面向房地产与抵押贷款行业提供产权保险及交割服务，2019年其产权及房地产业务相关年度营收约为84.69亿美元，是全球领先的产权保险服务供应商。
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。
FNF vs PATH — 直观对比
营收规模更大
FNF
是对方的1.3倍
$411.1M
营收增速更快
PATH
高出5.6%
10.3%
净利率更高
PATH
高出69.9%
-21.5%
两年增速更快
FNF
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $544.0M | $411.1M |
| 净利润 | $-117.0M | $198.8M |
| 毛利率 | — | 83.3% |
| 营业利润率 | 82.9% | 3.2% |
| 净利率 | -21.5% | 48.4% |
| 营收同比 | 10.3% | 15.9% |
| 净利润同比 | -126.0% | 1966.2% |
| 每股收益（稀释后） | $-0.44 | $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FNFPATH
| Q4 25 | $544.0M | $411.1M | ||
| Q3 25 | $553.0M | $361.7M | ||
| Q2 25 | $547.0M | $356.6M | ||
| Q1 25 | $455.0M | $423.6M | ||
| Q4 24 | $493.0M | $354.7M | ||
| Q3 24 | $506.0M | $316.3M | ||
| Q2 24 | $504.0M | $335.1M | ||
| Q1 24 | $421.0M | $405.3M |
净利润FNFPATH
| Q4 25 | $-117.0M | $198.8M | ||
| Q3 25 | $358.0M | $1.6M | ||
| Q2 25 | $278.0M | $-22.6M | ||
| Q1 25 | $83.0M | $51.8M | ||
| Q4 24 | $450.0M | $-10.7M | ||
| Q3 24 | $266.0M | $-86.1M | ||
| Q2 24 | $306.0M | $-28.7M | ||
| Q1 24 | $248.0M | $33.9M |
毛利率FNFPATH
| Q4 25 | — | 83.3% | ||
| Q3 25 | — | 82.2% | ||
| Q2 25 | — | 82.1% | ||
| Q1 25 | — | 84.8% | ||
| Q4 24 | — | 82.0% | ||
| Q3 24 | — | 80.0% | ||
| Q2 24 | — | 83.5% | ||
| Q1 24 | — | 86.8% |
营业利润率FNFPATH
| Q4 25 | 82.9% | 3.2% | ||
| Q3 25 | 81.9% | -5.6% | ||
| Q2 25 | 69.8% | -4.6% | ||
| Q1 25 | 24.4% | 7.9% | ||
| Q4 24 | — | -12.2% | ||
| Q3 24 | 61.9% | -32.7% | ||
| Q2 24 | 90.9% | -14.8% | ||
| Q1 24 | 78.6% | 3.7% |
净利率FNFPATH
| Q4 25 | -21.5% | 48.4% | ||
| Q3 25 | 64.7% | 0.4% | ||
| Q2 25 | 50.8% | -6.3% | ||
| Q1 25 | 18.2% | 12.2% | ||
| Q4 24 | 91.3% | -3.0% | ||
| Q3 24 | 52.6% | -27.2% | ||
| Q2 24 | 60.7% | -8.6% | ||
| Q1 24 | 58.9% | 8.4% |
每股收益（稀释后）FNFPATH
| Q4 25 | $-0.44 | $0.37 | ||
| Q3 25 | $1.33 | $0.00 | ||
| Q2 25 | $1.02 | $-0.04 | ||
| Q1 25 | $0.30 | $0.09 | ||
| Q4 24 | $1.65 | $-0.02 | ||
| Q3 24 | $0.97 | $-0.15 | ||
| Q2 24 | $1.12 | $-0.05 | ||
| Q1 24 | $0.91 | $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 | $2.6B | $1.4B |
| 总债务越低越好 | $4.4B | — |
| 股东权益账面价值 | $7.4B | $1.9B |
| 总资产 | $109.0B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.59× | — |
8季度趋势，按日历期对齐
现金及短期投资FNFPATH
| Q4 25 | $2.6B | $1.4B | ||
| Q3 25 | $3.5B | $1.4B | ||
| Q2 25 | $3.3B | $1.6B | ||
| Q1 25 | $4.5B | $1.6B | ||
| Q4 24 | $3.5B | $1.6B | ||
| Q3 24 | $5.0B | $1.7B | ||
| Q2 24 | $4.9B | $1.9B | ||
| Q1 24 | $3.5B | $1.9B |
总债务FNFPATH
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.4B | — | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $4.2B | — | ||
| Q1 24 | $3.9B | — |
股东权益FNFPATH
| Q4 25 | $7.4B | $1.9B | ||
| Q3 25 | $8.4B | $1.7B | ||
| Q2 25 | $7.9B | $1.7B | ||
| Q1 25 | $7.9B | $1.8B | ||
| Q4 24 | $7.8B | $1.7B | ||
| Q3 24 | $8.1B | $1.8B | ||
| Q2 24 | $7.3B | $2.0B | ||
| Q1 24 | $7.1B | $2.0B |
总资产FNFPATH
| Q4 25 | $109.0B | $2.9B | ||
| Q3 25 | $106.6B | $2.6B | ||
| Q2 25 | $102.3B | $2.6B | ||
| Q1 25 | $98.2B | $2.9B | ||
| Q4 24 | $95.4B | $2.7B | ||
| Q3 24 | $94.7B | $2.7B | ||
| Q2 24 | $88.8B | $2.8B | ||
| Q1 24 | $84.5B | $3.0B |
负债/权益比FNFPATH
| Q4 25 | 0.59× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.56× | — | ||
| Q3 24 | 0.52× | — | ||
| Q2 24 | 0.58× | — | ||
| Q1 24 | 0.55× | — |
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 | $1.5B | $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FNFPATH
| Q4 25 | $1.5B | $28.3M | ||
| Q3 25 | $1.3B | $41.6M | ||
| Q2 25 | $1.9B | $119.0M | ||
| Q1 25 | $1.1B | $146.1M | ||
| Q4 24 | $1.5B | $28.1M | ||
| Q3 24 | $2.4B | $46.4M | ||
| Q2 24 | $1.4B | $100.0M | ||
| Q1 24 | $1.6B | $145.6M |
自由现金流FNFPATH
| Q4 25 | — | $25.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $106.2M | ||
| Q1 25 | — | $138.7M | ||
| Q4 24 | — | $23.2M | ||
| Q3 24 | — | $45.0M | ||
| Q2 24 | — | $98.8M | ||
| Q1 24 | — | $141.8M |
自由现金流率FNFPATH
| Q4 25 | — | 6.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 29.8% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 14.2% | ||
| Q2 24 | — | 29.5% | ||
| Q1 24 | — | 35.0% |
资本支出强度FNFPATH
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.9% |
现金转化率FNFPATH
| Q4 25 | — | 0.14× | ||
| Q3 25 | 3.66× | 26.25× | ||
| Q2 25 | 6.82× | — | ||
| Q1 25 | 13.43× | 2.82× | ||
| Q4 24 | 3.32× | — | ||
| Q3 24 | 8.89× | — | ||
| Q2 24 | 4.45× | — | ||
| Q1 24 | 6.42× | 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
FNF
| Escrow Fees | $241.0M | 44% |
| Other Title Related Fees And Income | $182.0M | 33% |
| Service Link Excluding Title Premiums Escrow Fees And Subservicing Fees | $87.0M | 16% |
| Insurance Contracts Home Warranty | $31.0M | 6% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
