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Opendoor Technologies Inc.（OPEN）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
Opendoor Technologies Inc.的季度营收约是UiPath, Inc.的1.8倍（$736.0M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs -148.9%，领先197.3%），UiPath, Inc.同比增速更快（15.9% vs -32.1%），Opendoor Technologies Inc.自由现金流更多（$67.0M vs $25.1M），过去两年UiPath, Inc.的营收复合增速更高（0.7% vs -21.1%）
Opendoor Technologies Inc.是一家主营住宅房地产买卖的线上企业，总部位于旧金山。平台可通过线上流程向房主提供房屋即时现金报价，收购房产后进行修缮再重新挂牌出售，同时还提供基于移动端应用的购房服务及配套融资方案，截至2021年11月业务覆盖美国44个区域市场。
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。
OPEN vs PATH — 直观对比
营收规模更大
OPEN
是对方的1.8倍
$411.1M
营收增速更快
PATH
高出48.0%
-32.1%
净利率更高
PATH
高出197.3%
-148.9%
自由现金流更多
OPEN
多$41.9M
$25.1M
两年增速更快
PATH
近两年复合增速
-21.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $736.0M | $411.1M |
| 净利润 | $-1.1B | $198.8M |
| 毛利率 | 7.7% | 83.3% |
| 营业利润率 | -20.4% | 3.2% |
| 净利率 | -148.9% | 48.4% |
| 营收同比 | -32.1% | 15.9% |
| 净利润同比 | -869.9% | 1966.2% |
| 每股收益（稀释后） | $-1.42 | $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OPENPATH
| Q4 25 | $736.0M | $411.1M | ||
| Q3 25 | $915.0M | $361.7M | ||
| Q2 25 | $1.6B | $356.6M | ||
| Q1 25 | $1.2B | $423.6M | ||
| Q4 24 | $1.1B | $354.7M | ||
| Q3 24 | $1.4B | $316.3M | ||
| Q2 24 | $1.5B | $335.1M | ||
| Q1 24 | $1.2B | $405.3M |
净利润OPENPATH
| Q4 25 | $-1.1B | $198.8M | ||
| Q3 25 | $-90.0M | $1.6M | ||
| Q2 25 | $-29.0M | $-22.6M | ||
| Q1 25 | $-85.0M | $51.8M | ||
| Q4 24 | $-113.0M | $-10.7M | ||
| Q3 24 | $-78.0M | $-86.1M | ||
| Q2 24 | $-92.0M | $-28.7M | ||
| Q1 24 | $-109.0M | $33.9M |
毛利率OPENPATH
| Q4 25 | 7.7% | 83.3% | ||
| Q3 25 | 7.2% | 82.2% | ||
| Q2 25 | 8.2% | 82.1% | ||
| Q1 25 | 8.6% | 84.8% | ||
| Q4 24 | 7.8% | 82.0% | ||
| Q3 24 | 7.6% | 80.0% | ||
| Q2 24 | 8.5% | 83.5% | ||
| Q1 24 | 9.7% | 86.8% |
营业利润率OPENPATH
| Q4 25 | -20.4% | 3.2% | ||
| Q3 25 | -7.4% | -5.6% | ||
| Q2 25 | -0.8% | -4.6% | ||
| Q1 25 | -4.9% | 7.9% | ||
| Q4 24 | -8.7% | -12.2% | ||
| Q3 24 | -4.9% | -32.7% | ||
| Q2 24 | -4.8% | -14.8% | ||
| Q1 24 | -7.4% | 3.7% |
净利率OPENPATH
| Q4 25 | -148.9% | 48.4% | ||
| Q3 25 | -9.8% | 0.4% | ||
| Q2 25 | -1.9% | -6.3% | ||
| Q1 25 | -7.4% | 12.2% | ||
| Q4 24 | -10.4% | -3.0% | ||
| Q3 24 | -5.7% | -27.2% | ||
| Q2 24 | -6.1% | -8.6% | ||
| Q1 24 | -9.2% | 8.4% |
每股收益（稀释后）OPENPATH
| Q4 25 | $-1.42 | $0.37 | ||
| Q3 25 | $-0.12 | $0.00 | ||
| Q2 25 | $-0.04 | $-0.04 | ||
| Q1 25 | $-0.12 | $0.09 | ||
| Q4 24 | $-0.16 | $-0.02 | ||
| Q3 24 | $-0.11 | $-0.15 | ||
| Q2 24 | $-0.13 | $-0.05 | ||
| Q1 24 | $-0.16 | $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 | $962.0M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $1.9B |
| 总资产 | $2.4B | $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OPENPATH
| Q4 25 | $962.0M | $1.4B | ||
| Q3 25 | $962.0M | $1.4B | ||
| Q2 25 | $789.0M | $1.6B | ||
| Q1 25 | $559.0M | $1.6B | ||
| Q4 24 | $679.0M | $1.6B | ||
| Q3 24 | $837.0M | $1.7B | ||
| Q2 24 | $809.0M | $1.9B | ||
| Q1 24 | $990.0M | $1.9B |
股东权益OPENPATH
| Q4 25 | $1.0B | $1.9B | ||
| Q3 25 | $811.0M | $1.7B | ||
| Q2 25 | $631.0M | $1.7B | ||
| Q1 25 | $645.0M | $1.8B | ||
| Q4 24 | $713.0M | $1.7B | ||
| Q3 24 | $801.0M | $1.8B | ||
| Q2 24 | $845.0M | $2.0B | ||
| Q1 24 | $899.0M | $2.0B |
总资产OPENPATH
| Q4 25 | $2.4B | $2.9B | ||
| Q3 25 | $2.7B | $2.6B | ||
| Q2 25 | $2.9B | $2.6B | ||
| Q1 25 | $3.3B | $2.9B | ||
| Q4 24 | $3.1B | $2.7B | ||
| Q3 24 | $3.4B | $2.7B | ||
| Q2 24 | $3.4B | $2.8B | ||
| Q1 24 | $3.4B | $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 | $70.0M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $67.0M | $25.1M |
| 自由现金流率自由现金流/营收 | 9.1% | 6.1% |
| 资本支出强度资本支出/营收 | 0.4% | 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 | $1.0B | — |
8季度趋势，按日历期对齐
经营现金流OPENPATH
| Q4 25 | $70.0M | $28.3M | ||
| Q3 25 | $435.0M | $41.6M | ||
| Q2 25 | $823.0M | $119.0M | ||
| Q1 25 | $-279.0M | $146.1M | ||
| Q4 24 | $-80.0M | $28.1M | ||
| Q3 24 | $62.0M | $46.4M | ||
| Q2 24 | $-399.0M | $100.0M | ||
| Q1 24 | $-178.0M | $145.6M |
自由现金流OPENPATH
| Q4 25 | $67.0M | $25.1M | ||
| Q3 25 | $432.0M | — | ||
| Q2 25 | $821.0M | $106.2M | ||
| Q1 25 | $-283.0M | $138.7M | ||
| Q4 24 | $-83.0M | $23.2M | ||
| Q3 24 | $56.0M | $45.0M | ||
| Q2 24 | $-407.0M | $98.8M | ||
| Q1 24 | $-186.0M | $141.8M |
自由现金流率OPENPATH
| Q4 25 | 9.1% | 6.1% | ||
| Q3 25 | 47.2% | — | ||
| Q2 25 | 52.4% | 29.8% | ||
| Q1 25 | -24.5% | 32.7% | ||
| Q4 24 | -7.7% | 6.5% | ||
| Q3 24 | 4.1% | 14.2% | ||
| Q2 24 | -26.9% | 29.5% | ||
| Q1 24 | -15.7% | 35.0% |
资本支出强度OPENPATH
| Q4 25 | 0.4% | 0.8% | ||
| Q3 25 | 0.3% | 0.0% | ||
| Q2 25 | 0.1% | 3.6% | ||
| Q1 25 | 0.3% | 1.7% | ||
| Q4 24 | 0.3% | 1.4% | ||
| Q3 24 | 0.4% | 0.4% | ||
| Q2 24 | 0.5% | 0.4% | ||
| Q1 24 | 0.7% | 0.9% |
现金转化率OPENPATH
| 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
OPEN
暂无分部数据
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
