vs
Hagerty, Inc.（HGTY）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Hagerty, Inc.的1.1倍（$411.1M vs $388.1M），UiPath, Inc.净利率更高（48.4% vs 7.4%，领先41.0%），Hagerty, Inc.同比增速更快（16.5% vs 15.9%），Hagerty, Inc.自由现金流更多（$194.5M vs $25.1M），过去两年Hagerty, Inc.的营收复合增速更高（19.5% vs 0.7%）
哈格蒂（Hagerty, Inc.）是美国知名汽车生活方式及会员服务企业，同时是全球规模最大的经典老爷车特种保险供应商，总部位于密歇根州特拉弗斯城，业务范围覆盖加拿大、德国及英国市场。
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。
HGTY vs PATH — 直观对比
营收规模更大
PATH
是对方的1.1倍
$388.1M
营收增速更快
HGTY
高出0.6%
15.9%
净利率更高
PATH
高出41.0%
7.4%
自由现金流更多
HGTY
多$169.3M
$25.1M
两年增速更快
HGTY
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $388.1M | $411.1M |
| 净利润 | $28.6M | $198.8M |
| 毛利率 | — | 83.3% |
| 营业利润率 | 10.2% | 3.2% |
| 净利率 | 7.4% | 48.4% |
| 营收同比 | 16.5% | 15.9% |
| 净利润同比 | 238.4% | 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HGTYPATH
| Q4 25 | $388.1M | $411.1M | ||
| Q3 25 | $380.0M | $361.7M | ||
| Q2 25 | $368.7M | $356.6M | ||
| Q1 25 | $319.6M | $423.6M | ||
| Q4 24 | $333.2M | $354.7M | ||
| Q3 24 | $323.4M | $316.3M | ||
| Q2 24 | $313.2M | $335.1M | ||
| Q1 24 | $271.7M | $405.3M |
净利润HGTYPATH
| Q4 25 | $28.6M | $198.8M | ||
| Q3 25 | $46.2M | $1.6M | ||
| Q2 25 | $47.2M | $-22.6M | ||
| Q1 25 | $27.3M | $51.8M | ||
| Q4 24 | $8.4M | $-10.7M | ||
| Q3 24 | $19.0M | $-86.1M | ||
| Q2 24 | $42.7M | $-28.7M | ||
| Q1 24 | $8.2M | $33.9M |
毛利率HGTYPATH
| 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HGTYPATH
| Q4 25 | 10.2% | 3.2% | ||
| Q3 25 | 9.0% | -5.6% | ||
| Q2 25 | 12.9% | -4.6% | ||
| Q1 25 | 8.1% | 7.9% | ||
| Q4 24 | 1.8% | -12.2% | ||
| Q3 24 | 3.1% | -32.7% | ||
| Q2 24 | 12.2% | -14.8% | ||
| Q1 24 | 4.5% | 3.7% |
净利率HGTYPATH
| Q4 25 | 7.4% | 48.4% | ||
| Q3 25 | 12.2% | 0.4% | ||
| Q2 25 | 12.8% | -6.3% | ||
| Q1 25 | 8.5% | 12.2% | ||
| Q4 24 | 2.5% | -3.0% | ||
| Q3 24 | 5.9% | -27.2% | ||
| Q2 24 | 13.6% | -8.6% | ||
| Q1 24 | 3.0% | 8.4% |
每股收益（稀释后）HGTYPATH
| 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 | $160.2M | $1.4B |
| 总债务越低越好 | $177.9M | — |
| 股东权益账面价值 | $221.3M | $1.9B |
| 总资产 | $2.1B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.80× | — |
8季度趋势，按日历期对齐
现金及短期投资HGTYPATH
| Q4 25 | $160.2M | $1.4B | ||
| Q3 25 | $290.5M | $1.4B | ||
| Q2 25 | $259.6M | $1.6B | ||
| Q1 25 | $232.7M | $1.6B | ||
| Q4 24 | $178.7M | $1.6B | ||
| Q3 24 | $208.9M | $1.7B | ||
| Q2 24 | $186.4M | $1.9B | ||
| Q1 24 | $131.2M | $1.9B |
总债务HGTYPATH
| Q4 25 | $177.9M | — | ||
| Q3 25 | $104.4M | — | ||
| Q2 25 | $153.4M | — | ||
| Q1 25 | $132.6M | — | ||
| Q4 24 | $105.8M | — | ||
| Q3 24 | $122.9M | — | ||
| Q2 24 | $98.0M | — | ||
| Q1 24 | $91.5M | — |
股东权益HGTYPATH
| Q4 25 | $221.3M | $1.9B | ||
| Q3 25 | $211.7M | $1.7B | ||
| Q2 25 | $172.3M | $1.7B | ||
| Q1 25 | $162.9M | $1.8B | ||
| Q4 24 | $150.3M | $1.7B | ||
| Q3 24 | $148.3M | $1.8B | ||
| Q2 24 | $94.4M | $2.0B | ||
| Q1 24 | $93.5M | $2.0B |
总资产HGTYPATH
| Q4 25 | $2.1B | $2.9B | ||
| Q3 25 | $2.2B | $2.6B | ||
| Q2 25 | $2.0B | $2.6B | ||
| Q1 25 | $1.8B | $2.9B | ||
| Q4 24 | $1.7B | $2.7B | ||
| Q3 24 | $1.8B | $2.7B | ||
| Q2 24 | $1.7B | $2.8B | ||
| Q1 24 | $1.6B | $3.0B |
负债/权益比HGTYPATH
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.49× | — | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | 0.81× | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 1.04× | — | ||
| Q1 24 | 0.98× | — |
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 | $219.0M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $194.5M | $25.1M |
| 自由现金流率自由现金流/营收 | 50.1% | 6.1% |
| 资本支出强度资本支出/营收 | 6.3% | 0.8% |
| 现金转化率经营现金流/净利润 | 7.67× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $365.8M | — |
8季度趋势，按日历期对齐
经营现金流HGTYPATH
| Q4 25 | $219.0M | $28.3M | ||
| Q3 25 | $92.2M | $41.6M | ||
| Q2 25 | $53.9M | $119.0M | ||
| Q1 25 | $43.8M | $146.1M | ||
| Q4 24 | $177.0M | $28.1M | ||
| Q3 24 | $67.4M | $46.4M | ||
| Q2 24 | $64.0M | $100.0M | ||
| Q1 24 | $58.2M | $145.6M |
自由现金流HGTYPATH
| Q4 25 | $194.5M | $25.1M | ||
| Q3 25 | $85.2M | — | ||
| Q2 25 | $47.7M | $106.2M | ||
| Q1 25 | $38.4M | $138.7M | ||
| Q4 24 | $155.7M | $23.2M | ||
| Q3 24 | $62.0M | $45.0M | ||
| Q2 24 | $56.6M | $98.8M | ||
| Q1 24 | $53.7M | $141.8M |
自由现金流率HGTYPATH
| Q4 25 | 50.1% | 6.1% | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 12.9% | 29.8% | ||
| Q1 25 | 12.0% | 32.7% | ||
| Q4 24 | 46.7% | 6.5% | ||
| Q3 24 | 19.2% | 14.2% | ||
| Q2 24 | 18.1% | 29.5% | ||
| Q1 24 | 19.8% | 35.0% |
资本支出强度HGTYPATH
| Q4 25 | 6.3% | 0.8% | ||
| Q3 25 | 1.8% | 0.0% | ||
| Q2 25 | 1.7% | 3.6% | ||
| Q1 25 | 1.7% | 1.7% | ||
| Q4 24 | 6.4% | 1.4% | ||
| Q3 24 | 1.7% | 0.4% | ||
| Q2 24 | 2.4% | 0.4% | ||
| Q1 24 | 1.7% | 0.9% |
现金转化率HGTYPATH
| Q4 25 | 7.67× | 0.14× | ||
| Q3 25 | 2.00× | 26.25× | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.61× | 2.82× | ||
| Q4 24 | 20.97× | — | ||
| Q3 24 | 3.55× | — | ||
| Q2 24 | 1.50× | — | ||
| Q1 24 | 7.10× | 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
HGTY
暂无分部数据
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
