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Lucid Group, Inc.（LCID）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
Lucid Group, Inc.的季度营收约是UiPath, Inc.的1.3倍（$522.7M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs -155.7%，领先204.1%），Lucid Group, Inc.同比增速更快（122.9% vs 15.9%），UiPath, Inc.自由现金流更多（$25.1M vs $-1.2B），过去两年Lucid Group, Inc.的营收复合增速更高（74.0% vs 0.7%）
Lucid Group, Inc.是总部位于美国加利福尼亚州纽瓦克的汽车科技企业，专注于电动汽车制造及先进电动汽车动力系统供应。2021年9月，公司在亚利桑那州卡萨格兰德的工厂开始生产Lucid Air豪华轿车，第二款车型Lucid Gravity SUV于2024年12月投产，同时也为阿斯顿·马丁等其他车企供应和研发动力总成技术。
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。
LCID vs PATH — 直观对比
营收规模更大
LCID
是对方的1.3倍
$411.1M
营收增速更快
LCID
高出107.0%
15.9%
净利率更高
PATH
高出204.1%
-155.7%
自由现金流更多
PATH
多$1.3B
$-1.2B
两年增速更快
LCID
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $522.7M | $411.1M |
| 净利润 | $-814.0M | $198.8M |
| 毛利率 | -80.7% | 83.3% |
| 营业利润率 | -203.7% | 3.2% |
| 净利率 | -155.7% | 48.4% |
| 营收同比 | 122.9% | 15.9% |
| 净利润同比 | -104.9% | 1966.2% |
| 每股收益（稀释后） | $-8.26 | $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LCIDPATH
| Q4 25 | $522.7M | $411.1M | ||
| Q3 25 | $336.6M | $361.7M | ||
| Q2 25 | $259.4M | $356.6M | ||
| Q1 25 | $235.0M | $423.6M | ||
| Q4 24 | $234.5M | $354.7M | ||
| Q3 24 | $200.0M | $316.3M | ||
| Q2 24 | $200.6M | $335.1M | ||
| Q1 24 | $172.7M | $405.3M |
净利润LCIDPATH
| Q4 25 | $-814.0M | $198.8M | ||
| Q3 25 | $-978.4M | $1.6M | ||
| Q2 25 | $-539.4M | $-22.6M | ||
| Q1 25 | $-366.2M | $51.8M | ||
| Q4 24 | $-397.2M | $-10.7M | ||
| Q3 24 | $-992.5M | $-86.1M | ||
| Q2 24 | $-643.4M | $-28.7M | ||
| Q1 24 | $-680.9M | $33.9M |
毛利率LCIDPATH
| Q4 25 | -80.7% | 83.3% | ||
| Q3 25 | -99.1% | 82.2% | ||
| Q2 25 | -105.0% | 82.1% | ||
| Q1 25 | -97.2% | 84.8% | ||
| Q4 24 | -89.0% | 82.0% | ||
| Q3 24 | -106.2% | 80.0% | ||
| Q2 24 | -134.5% | 83.5% | ||
| Q1 24 | -134.3% | 86.8% |
营业利润率LCIDPATH
| Q4 25 | -203.7% | 3.2% | ||
| Q3 25 | -279.9% | -5.6% | ||
| Q2 25 | -309.5% | -4.6% | ||
| Q1 25 | -294.4% | 7.9% | ||
| Q4 24 | -312.6% | -12.2% | ||
| Q3 24 | -385.2% | -32.7% | ||
| Q2 24 | -392.6% | -14.8% | ||
| Q1 24 | -422.6% | 3.7% |
净利率LCIDPATH
| Q4 25 | -155.7% | 48.4% | ||
| Q3 25 | -290.7% | 0.4% | ||
| Q2 25 | -207.9% | -6.3% | ||
| Q1 25 | -155.8% | 12.2% | ||
| Q4 24 | -169.4% | -3.0% | ||
| Q3 24 | -496.1% | -27.2% | ||
| Q2 24 | -320.8% | -8.6% | ||
| Q1 24 | -394.2% | 8.4% |
每股收益（稀释后）LCIDPATH
| Q4 25 | $-8.26 | $0.37 | ||
| Q3 25 | $-3.31 | $0.00 | ||
| Q2 25 | $-0.28 | $-0.04 | ||
| Q1 25 | $-0.24 | $0.09 | ||
| Q4 24 | $-0.20 | $-0.02 | ||
| Q3 24 | $-0.41 | $-0.15 | ||
| Q2 24 | $-0.34 | $-0.05 | ||
| Q1 24 | $-0.30 | $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 | $1.6B | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $717.3M | $1.9B |
| 总资产 | $8.4B | $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LCIDPATH
| Q4 25 | $1.6B | $1.4B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $2.8B | $1.6B | ||
| Q1 25 | $3.6B | $1.6B | ||
| Q4 24 | $4.0B | $1.6B | ||
| Q3 24 | $3.5B | $1.7B | ||
| Q2 24 | $3.2B | $1.9B | ||
| Q1 24 | $4.0B | $1.9B |
股东权益LCIDPATH
| Q4 25 | $717.3M | $1.9B | ||
| Q3 25 | $1.8B | $1.7B | ||
| Q2 25 | $2.4B | $1.7B | ||
| Q1 25 | $3.2B | $1.8B | ||
| Q4 24 | $3.9B | $1.7B | ||
| Q3 24 | $2.7B | $1.8B | ||
| Q2 24 | $3.5B | $2.0B | ||
| Q1 24 | $4.2B | $2.0B |
总资产LCIDPATH
| Q4 25 | $8.4B | $2.9B | ||
| Q3 25 | $8.8B | $2.6B | ||
| Q2 25 | $8.9B | $2.6B | ||
| Q1 25 | $9.2B | $2.9B | ||
| Q4 24 | $9.6B | $2.7B | ||
| Q3 24 | $8.5B | $2.7B | ||
| Q2 24 | $8.2B | $2.8B | ||
| Q1 24 | $8.9B | $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 | $-916.4M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $-1.2B | $25.1M |
| 自由现金流率自由现金流/营收 | -237.6% | 6.1% |
| 资本支出强度资本支出/营收 | 62.3% | 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 | $-3.8B | — |
8季度趋势，按日历期对齐
经营现金流LCIDPATH
| Q4 25 | $-916.4M | $28.3M | ||
| Q3 25 | $-756.6M | $41.6M | ||
| Q2 25 | $-830.2M | $119.0M | ||
| Q1 25 | $-428.6M | $146.1M | ||
| Q4 24 | $-533.1M | $28.1M | ||
| Q3 24 | $-462.8M | $46.4M | ||
| Q2 24 | $-507.0M | $100.0M | ||
| Q1 24 | $-516.7M | $145.6M |
自由现金流LCIDPATH
| Q4 25 | $-1.2B | $25.1M | ||
| Q3 25 | $-955.5M | — | ||
| Q2 25 | $-1.0B | $106.2M | ||
| Q1 25 | $-589.9M | $138.7M | ||
| Q4 24 | $-824.8M | $23.2M | ||
| Q3 24 | $-622.5M | $45.0M | ||
| Q2 24 | $-741.3M | $98.8M | ||
| Q1 24 | $-714.9M | $141.8M |
自由现金流率LCIDPATH
| Q4 25 | -237.6% | 6.1% | ||
| Q3 25 | -283.9% | — | ||
| Q2 25 | -390.4% | 29.8% | ||
| Q1 25 | -251.0% | 32.7% | ||
| Q4 24 | -351.8% | 6.5% | ||
| Q3 24 | -311.2% | 14.2% | ||
| Q2 24 | -369.6% | 29.5% | ||
| Q1 24 | -413.9% | 35.0% |
资本支出强度LCIDPATH
| Q4 25 | 62.3% | 0.8% | ||
| Q3 25 | 59.1% | 0.0% | ||
| Q2 25 | 70.4% | 3.6% | ||
| Q1 25 | 68.6% | 1.7% | ||
| Q4 24 | 124.4% | 1.4% | ||
| Q3 24 | 79.8% | 0.4% | ||
| Q2 24 | 116.8% | 0.4% | ||
| Q1 24 | 114.7% | 0.9% |
现金转化率LCIDPATH
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 26.25× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 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
LCID
| LCNRV | $287.2M | 55% |
| Other | $80.4M | 15% |
| Related Party | $74.4M | 14% |
| Regulatory Credits | $34.2M | 7% |
| Warranty Provision | $26.2M | 5% |
| Sale And Leaseback Transactions | $15.2M | 3% |
| Other International | $5.0M | 1% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
