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ENVIRI Corp（NVRI）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
ENVIRI Corp的季度营收约是UiPath, Inc.的1.4倍（$555.0M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs -15.2%，领先63.6%），UiPath, Inc.同比增速更快（15.9% vs -0.8%），UiPath, Inc.自由现金流更多（$25.1M vs $-10.5M），过去两年UiPath, Inc.的营收复合增速更高（0.7% vs -3.8%）
Enviri集团是总部位于美国宾夕法尼亚州费城的环保企业，业务覆盖全球30多个国家，员工总数约1.2万人。公司专注为钢铁、铁路、能源等大型工业领域客户解决复杂的环保相关问题，提供针对性的环境治理解决方案。
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。
NVRI vs PATH — 直观对比
营收规模更大
NVRI
是对方的1.4倍
$411.1M
营收增速更快
PATH
高出16.7%
-0.8%
净利率更高
PATH
高出63.6%
-15.2%
自由现金流更多
PATH
多$35.6M
$-10.5M
两年增速更快
PATH
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $555.0M | $411.1M |
| 净利润 | $-84.3M | $198.8M |
| 毛利率 | — | 83.3% |
| 营业利润率 | -6.4% | 3.2% |
| 净利率 | -15.2% | 48.4% |
| 营收同比 | -0.8% | 15.9% |
| 净利润同比 | 0.7% | 1966.2% |
| 每股收益（稀释后） | $-1.04 | $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NVRIPATH
| Q4 25 | $555.0M | $411.1M | ||
| Q3 25 | $574.8M | $361.7M | ||
| Q2 25 | $562.3M | $356.6M | ||
| Q1 25 | $548.3M | $423.6M | ||
| Q4 24 | $559.2M | $354.7M | ||
| Q3 24 | $573.6M | $316.3M | ||
| Q2 24 | $610.0M | $335.1M | ||
| Q1 24 | $600.3M | $405.3M |
净利润NVRIPATH
| Q4 25 | $-84.3M | $198.8M | ||
| Q3 25 | $-22.3M | $1.6M | ||
| Q2 25 | $-47.6M | $-22.6M | ||
| Q1 25 | $-13.4M | $51.8M | ||
| Q4 24 | $-84.9M | $-10.7M | ||
| Q3 24 | $-13.2M | $-86.1M | ||
| Q2 24 | $-13.6M | $-28.7M | ||
| Q1 24 | $-18.0M | $33.9M |
毛利率NVRIPATH
| 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NVRIPATH
| Q4 25 | -6.4% | 3.2% | ||
| Q3 25 | 2.9% | -5.6% | ||
| Q2 25 | -1.3% | -4.6% | ||
| Q1 25 | 5.6% | 7.9% | ||
| Q4 24 | -11.4% | -12.2% | ||
| Q3 24 | 6.5% | -32.7% | ||
| Q2 24 | 5.1% | -14.8% | ||
| Q1 24 | 4.3% | 3.7% |
净利率NVRIPATH
| Q4 25 | -15.2% | 48.4% | ||
| Q3 25 | -3.9% | 0.4% | ||
| Q2 25 | -8.5% | -6.3% | ||
| Q1 25 | -2.4% | 12.2% | ||
| Q4 24 | -15.2% | -3.0% | ||
| Q3 24 | -2.3% | -27.2% | ||
| Q2 24 | -2.2% | -8.6% | ||
| Q1 24 | -3.0% | 8.4% |
每股收益（稀释后）NVRIPATH
| Q4 25 | $-1.04 | $0.37 | ||
| Q3 25 | $-0.28 | $0.00 | ||
| Q2 25 | $-0.59 | $-0.04 | ||
| Q1 25 | $-0.17 | $0.09 | ||
| Q4 24 | $-1.07 | $-0.02 | ||
| Q3 24 | $-0.16 | $-0.15 | ||
| Q2 24 | $-0.17 | $-0.05 | ||
| Q1 24 | $-0.22 | $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 | $103.7M | $1.4B |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $255.1M | $1.9B |
| 总资产 | $2.7B | $2.9B |
| 负债/权益比越低杠杆越低 | 6.10× | — |
8季度趋势，按日历期对齐
现金及短期投资NVRIPATH
| Q4 25 | $103.7M | $1.4B | ||
| Q3 25 | $115.4M | $1.4B | ||
| Q2 25 | $97.8M | $1.6B | ||
| Q1 25 | $102.5M | $1.6B | ||
| Q4 24 | $88.4M | $1.6B | ||
| Q3 24 | $110.2M | $1.7B | ||
| Q2 24 | $104.0M | $1.9B | ||
| Q1 24 | $103.9M | $1.9B |
总债务NVRIPATH
| Q4 25 | $1.6B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益NVRIPATH
| Q4 25 | $255.1M | $1.9B | ||
| Q3 25 | $361.1M | $1.7B | ||
| Q2 25 | $376.3M | $1.7B | ||
| Q1 25 | $409.0M | $1.8B | ||
| Q4 24 | $391.5M | $1.7B | ||
| Q3 24 | $484.0M | $1.8B | ||
| Q2 24 | $485.7M | $2.0B | ||
| Q1 24 | $500.9M | $2.0B |
总资产NVRIPATH
| Q4 25 | $2.7B | $2.9B | ||
| Q3 25 | $2.8B | $2.6B | ||
| Q2 25 | $2.8B | $2.6B | ||
| Q1 25 | $2.7B | $2.9B | ||
| Q4 24 | $2.6B | $2.7B | ||
| Q3 24 | $2.8B | $2.7B | ||
| Q2 24 | $2.8B | $2.8B | ||
| Q1 24 | $2.8B | $3.0B |
负债/权益比NVRIPATH
| Q4 25 | 6.10× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.66× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $38.4M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $-10.5M | $25.1M |
| 自由现金流率自由现金流/营收 | -1.9% | 6.1% |
| 资本支出强度资本支出/营收 | 8.8% | 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 | $-39.9M | — |
8季度趋势，按日历期对齐
经营现金流NVRIPATH
| Q4 25 | $38.4M | $28.3M | ||
| Q3 25 | $34.4M | $41.6M | ||
| Q2 25 | $22.0M | $119.0M | ||
| Q1 25 | $6.6M | $146.1M | ||
| Q4 24 | $36.3M | $28.1M | ||
| Q3 24 | $1.4M | $46.4M | ||
| Q2 24 | $39.0M | $100.0M | ||
| Q1 24 | $1.3M | $145.6M |
自由现金流NVRIPATH
| Q4 25 | $-10.5M | $25.1M | ||
| Q3 25 | $2.7M | — | ||
| Q2 25 | $-17.1M | $106.2M | ||
| Q1 25 | $-15.0M | $138.7M | ||
| Q4 24 | $1.8M | $23.2M | ||
| Q3 24 | $-40.2M | $45.0M | ||
| Q2 24 | $5.4M | $98.8M | ||
| Q1 24 | $-25.5M | $141.8M |
自由现金流率NVRIPATH
| Q4 25 | -1.9% | 6.1% | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | -3.0% | 29.8% | ||
| Q1 25 | -2.7% | 32.7% | ||
| Q4 24 | 0.3% | 6.5% | ||
| Q3 24 | -7.0% | 14.2% | ||
| Q2 24 | 0.9% | 29.5% | ||
| Q1 24 | -4.3% | 35.0% |
资本支出强度NVRIPATH
| Q4 25 | 8.8% | 0.8% | ||
| Q3 25 | 5.5% | 0.0% | ||
| Q2 25 | 6.9% | 3.6% | ||
| Q1 25 | 3.9% | 1.7% | ||
| Q4 24 | 6.2% | 1.4% | ||
| Q3 24 | 7.2% | 0.4% | ||
| Q2 24 | 5.5% | 0.4% | ||
| Q1 24 | 4.5% | 0.9% |
现金转化率NVRIPATH
| 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
NVRI
| Products And Services Service Revenue | $500.2M | 90% |
| After Market Parts And Services Safety And Diagnostic Technology | $23.0M | 4% |
| Railway Track Maintenance Equipment | $16.6M | 3% |
| Railway Contracting Services | $15.9M | 3% |
| Aluminum Dross And Scrap Processing Systems | $3.1M | 1% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
