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Fiverr International Ltd.（FVRR）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
UiPath, Inc.的季度营收约是Fiverr International Ltd.的1.4倍（$411.1M vs $287.8M），UiPath, Inc.净利率更高（48.4% vs 1.9%，领先46.5%），Fiverr International Ltd.自由现金流更多（$52.1M vs $25.1M），过去两年Fiverr International Ltd.的营收复合增速更高（29.5% vs 0.7%）
Fiverr International Ltd.运营全球在线自由职业服务平台，连接160余个国家的企业客户与独立创作者，提供数字营销、平面设计、编程、文案撰写、视频剪辑等多领域专业服务，满足各类客户灵活的按需用工需求。
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。
FVRR vs PATH — 直观对比
营收规模更大
PATH
是对方的1.4倍
$287.8M
净利率更高
PATH
高出46.5%
1.9%
自由现金流更多
FVRR
多$26.9M
$25.1M
两年增速更快
FVRR
近两年复合增速
0.7%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $287.8M | $411.1M |
| 净利润 | $5.4M | $198.8M |
| 毛利率 | 82.5% | 83.3% |
| 营业利润率 | -3.5% | 3.2% |
| 净利率 | 1.9% | 48.4% |
| 营收同比 | — | 15.9% |
| 净利润同比 | — | 1966.2% |
| 每股收益（稀释后） | — | $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FVRRPATH
| Q4 25 | — | $411.1M | ||
| Q3 25 | $287.8M | $361.7M | ||
| Q2 25 | $188.2M | $356.6M | ||
| Q1 25 | $93.5M | $423.6M | ||
| Q4 24 | — | $354.7M | ||
| Q3 24 | $269.9M | $316.3M | ||
| Q2 24 | $177.3M | $335.1M | ||
| Q1 24 | $88.0M | $405.3M |
净利润FVRRPATH
| Q4 25 | — | $198.8M | ||
| Q3 25 | $5.4M | $1.6M | ||
| Q2 25 | $4.1M | $-22.6M | ||
| Q1 25 | $788.0K | $51.8M | ||
| Q4 24 | — | $-10.7M | ||
| Q3 24 | $-1.0M | $-86.1M | ||
| Q2 24 | $-4.0M | $-28.7M | ||
| Q1 24 | $-4.3M | $33.9M |
毛利率FVRRPATH
| Q4 25 | — | 83.3% | ||
| Q3 25 | 82.5% | 82.2% | ||
| Q2 25 | 83.3% | 82.1% | ||
| Q1 25 | 83.5% | 84.8% | ||
| Q4 24 | — | 82.0% | ||
| Q3 24 | 82.8% | 80.0% | ||
| Q2 24 | 82.4% | 83.5% | ||
| Q1 24 | 82.2% | 86.8% |
营业利润率FVRRPATH
| Q4 25 | — | 3.2% | ||
| Q3 25 | -3.5% | -5.6% | ||
| Q2 25 | -3.4% | -4.6% | ||
| Q1 25 | -4.4% | 7.9% | ||
| Q4 24 | — | -12.2% | ||
| Q3 24 | -5.0% | -32.7% | ||
| Q2 24 | -6.3% | -14.8% | ||
| Q1 24 | -8.1% | 3.7% |
净利率FVRRPATH
| Q4 25 | — | 48.4% | ||
| Q3 25 | 1.9% | 0.4% | ||
| Q2 25 | 2.2% | -6.3% | ||
| Q1 25 | 0.8% | 12.2% | ||
| Q4 24 | — | -3.0% | ||
| Q3 24 | -0.4% | -27.2% | ||
| Q2 24 | -2.3% | -8.6% | ||
| Q1 24 | -4.9% | 8.4% |
每股收益（稀释后）FVRRPATH
| Q4 25 | — | $0.37 | ||
| Q3 25 | — | $0.00 | ||
| Q2 25 | — | $-0.04 | ||
| Q1 25 | — | $0.09 | ||
| Q4 24 | — | $-0.02 | ||
| Q3 24 | — | $-0.15 | ||
| Q2 24 | — | $-0.05 | ||
| Q1 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 | $133.5M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $362.6M | $1.9B |
| 总资产 | $1.1B | $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FVRRPATH
| Q4 25 | — | $1.4B | ||
| Q3 25 | $133.5M | $1.4B | ||
| Q2 25 | $578.4M | $1.6B | ||
| Q1 25 | $133.5M | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $183.7M | $1.7B | ||
| Q2 24 | $183.7M | $1.9B | ||
| Q1 24 | $183.7M | $1.9B |
股东权益FVRRPATH
| Q4 25 | — | $1.9B | ||
| Q3 25 | $362.6M | $1.7B | ||
| Q2 25 | $404.9M | $1.7B | ||
| Q1 25 | $362.6M | $1.8B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $355.8M | $1.8B | ||
| Q2 24 | $355.8M | $2.0B | ||
| Q1 24 | $355.8M | $2.0B |
总资产FVRRPATH
| Q4 25 | — | $2.9B | ||
| Q3 25 | $1.1B | $2.6B | ||
| Q2 25 | $1.1B | $2.6B | ||
| Q1 25 | $1.1B | $2.9B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | $1.0B | $2.7B | ||
| Q2 24 | $1.0B | $2.8B | ||
| Q1 24 | $1.0B | $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 | $53.0M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $52.1M | $25.1M |
| 自由现金流率自由现金流/营收 | 18.1% | 6.1% |
| 资本支出强度资本支出/营收 | 0.3% | 0.8% |
| 现金转化率经营现金流/净利润 | 9.81× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $124.9M | — |
8季度趋势，按日历期对齐
经营现金流FVRRPATH
| Q4 25 | — | $28.3M | ||
| Q3 25 | $53.0M | $41.6M | ||
| Q2 25 | $42.2M | $119.0M | ||
| Q1 25 | $21.2M | $146.1M | ||
| Q4 24 | — | $28.1M | ||
| Q3 24 | $10.9M | $46.4M | ||
| Q2 24 | $32.2M | $100.0M | ||
| Q1 24 | $21.2M | $145.6M |
自由现金流FVRRPATH
| Q4 25 | — | $25.1M | ||
| Q3 25 | $52.1M | — | ||
| Q2 25 | $41.5M | $106.2M | ||
| Q1 25 | $20.8M | $138.7M | ||
| Q4 24 | — | $23.2M | ||
| Q3 24 | $10.6M | $45.0M | ||
| Q2 24 | $31.5M | $98.8M | ||
| Q1 24 | $20.8M | $141.8M |
自由现金流率FVRRPATH
| Q4 25 | — | 6.1% | ||
| Q3 25 | 18.1% | — | ||
| Q2 25 | 22.0% | 29.8% | ||
| Q1 25 | 22.3% | 32.7% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | 3.9% | 14.2% | ||
| Q2 24 | 17.8% | 29.5% | ||
| Q1 24 | 23.7% | 35.0% |
资本支出强度FVRRPATH
| Q4 25 | — | 0.8% | ||
| Q3 25 | 0.3% | 0.0% | ||
| Q2 25 | 0.4% | 3.6% | ||
| Q1 25 | 0.4% | 1.7% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 0.1% | 0.4% | ||
| Q2 24 | 0.4% | 0.4% | ||
| Q1 24 | 0.4% | 0.9% |
现金转化率FVRRPATH
| Q4 25 | — | 0.14× | ||
| Q3 25 | 9.81× | 26.25× | ||
| Q2 25 | 10.40× | — | ||
| Q1 25 | 26.90× | 2.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 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
FVRR
暂无分部数据
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
