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OPPENHEIMER HOLDINGS INC（OPY）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
OPPENHEIMER HOLDINGS INC的季度营收约是UiPath, Inc.的1.1倍（$472.6M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 15.7%，领先32.6%），OPPENHEIMER HOLDINGS INC同比增速更快（25.9% vs 15.9%），OPPENHEIMER HOLDINGS INC自由现金流更多（$183.6M vs $25.1M），过去两年OPPENHEIMER HOLDINGS INC的营收复合增速更高（15.7% vs 0.7%）
奥本海默控股是一家美国跨国独立投资银行与金融服务企业，面向全球客户提供投资银行、财务咨询、资本市场、资产管理及财富管理等相关产品与服务，目前总部设于纽约市宽街85号。
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。
OPY vs PATH — 直观对比
营收规模更大
OPY
是对方的1.1倍
$411.1M
营收增速更快
OPY
高出10.0%
15.9%
净利率更高
PATH
高出32.6%
15.7%
自由现金流更多
OPY
多$158.5M
$25.1M
两年增速更快
OPY
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $472.6M | $411.1M |
| 净利润 | $74.4M | $198.8M |
| 毛利率 | — | 83.3% |
| 营业利润率 | 22.4% | 3.2% |
| 净利率 | 15.7% | 48.4% |
| 营收同比 | 25.9% | 15.9% |
| 净利润同比 | 593.1% | 1966.2% |
| 每股收益（稀释后） | $6.51 | $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OPYPATH
| Q4 25 | $472.6M | $411.1M | ||
| Q3 25 | $424.4M | $361.7M | ||
| Q2 25 | $373.2M | $356.6M | ||
| Q1 25 | $367.8M | $423.6M | ||
| Q4 24 | $375.4M | $354.7M | ||
| Q3 24 | $373.4M | $316.3M | ||
| Q2 24 | $330.6M | $335.1M | ||
| Q1 24 | $353.1M | $405.3M |
净利润OPYPATH
| Q4 25 | $74.4M | $198.8M | ||
| Q3 25 | $21.7M | $1.6M | ||
| Q2 25 | $21.7M | $-22.6M | ||
| Q1 25 | $30.7M | $51.8M | ||
| Q4 24 | $10.7M | $-10.7M | ||
| Q3 24 | $24.5M | $-86.1M | ||
| Q2 24 | $10.3M | $-28.7M | ||
| Q1 24 | $26.1M | $33.9M |
毛利率OPYPATH
| 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OPYPATH
| Q4 25 | 22.4% | 3.2% | ||
| Q3 25 | 7.5% | -5.6% | ||
| Q2 25 | 8.6% | -4.6% | ||
| Q1 25 | 11.2% | 7.9% | ||
| Q4 24 | 4.5% | -12.2% | ||
| Q3 24 | 9.5% | -32.7% | ||
| Q2 24 | 4.8% | -14.8% | ||
| Q1 24 | 10.6% | 3.7% |
净利率OPYPATH
| Q4 25 | 15.7% | 48.4% | ||
| Q3 25 | 5.1% | 0.4% | ||
| Q2 25 | 5.8% | -6.3% | ||
| Q1 25 | 8.3% | 12.2% | ||
| Q4 24 | 2.9% | -3.0% | ||
| Q3 24 | 6.6% | -27.2% | ||
| Q2 24 | 3.1% | -8.6% | ||
| Q1 24 | 7.4% | 8.4% |
每股收益（稀释后）OPYPATH
| Q4 25 | $6.51 | $0.37 | ||
| Q3 25 | $1.90 | $0.00 | ||
| Q2 25 | $1.91 | $-0.04 | ||
| Q1 25 | $2.72 | $0.09 | ||
| Q4 24 | $0.92 | $-0.02 | ||
| Q3 24 | $2.16 | $-0.15 | ||
| Q2 24 | $0.92 | $-0.05 | ||
| Q1 24 | $2.37 | $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 | $38.4M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $983.8M | $1.9B |
| 总资产 | $3.7B | $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OPYPATH
| Q4 25 | $38.4M | $1.4B | ||
| Q3 25 | $38.3M | $1.4B | ||
| Q2 25 | $37.6M | $1.6B | ||
| Q1 25 | $36.7M | $1.6B | ||
| Q4 24 | $33.1M | $1.6B | ||
| Q3 24 | $32.2M | $1.7B | ||
| Q2 24 | $33.2M | $1.9B | ||
| Q1 24 | $27.7M | $1.9B |
总债务OPYPATH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $112.8M | — | ||
| Q2 24 | $112.8M | — | ||
| Q1 24 | $112.7M | — |
股东权益OPYPATH
| Q4 25 | $983.8M | $1.9B | ||
| Q3 25 | $920.3M | $1.7B | ||
| Q2 25 | $896.9M | $1.7B | ||
| Q1 25 | $872.3M | $1.8B | ||
| Q4 24 | $850.4M | $1.7B | ||
| Q3 24 | $837.8M | $1.8B | ||
| Q2 24 | $812.1M | $2.0B | ||
| Q1 24 | $801.5M | $2.0B |
总资产OPYPATH
| Q4 25 | $3.7B | $2.9B | ||
| Q3 25 | $3.8B | $2.6B | ||
| Q2 25 | $3.7B | $2.6B | ||
| Q1 25 | $3.6B | $2.9B | ||
| Q4 24 | $3.4B | $2.7B | ||
| Q3 24 | $3.4B | $2.7B | ||
| Q2 24 | $3.3B | $2.8B | ||
| Q1 24 | $3.3B | $3.0B |
负债/权益比OPYPATH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.14× | — |
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 | $188.8M | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $183.6M | $25.1M |
| 自由现金流率自由现金流/营收 | 38.8% | 6.1% |
| 资本支出强度资本支出/营收 | 1.1% | 0.8% |
| 现金转化率经营现金流/净利润 | 2.54× | 0.14× |
| 过去12个月自由现金流最近4个季度 | $191.3M | — |
8季度趋势，按日历期对齐
经营现金流OPYPATH
| Q4 25 | $188.8M | $28.3M | ||
| Q3 25 | $63.4M | $41.6M | ||
| Q2 25 | $40.1M | $119.0M | ||
| Q1 25 | $-91.7M | $146.1M | ||
| Q4 24 | $-108.2M | $28.1M | ||
| Q3 24 | $11.4M | $46.4M | ||
| Q2 24 | $-115.3M | $100.0M | ||
| Q1 24 | $-79.0M | $145.6M |
自由现金流OPYPATH
| Q4 25 | $183.6M | $25.1M | ||
| Q3 25 | $62.2M | — | ||
| Q2 25 | $38.9M | $106.2M | ||
| Q1 25 | $-93.4M | $138.7M | ||
| Q4 24 | $-113.3M | $23.2M | ||
| Q3 24 | $11.2M | $45.0M | ||
| Q2 24 | $-116.7M | $98.8M | ||
| Q1 24 | $-79.3M | $141.8M |
自由现金流率OPYPATH
| Q4 25 | 38.8% | 6.1% | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 10.4% | 29.8% | ||
| Q1 25 | -25.4% | 32.7% | ||
| Q4 24 | -30.2% | 6.5% | ||
| Q3 24 | 3.0% | 14.2% | ||
| Q2 24 | -35.3% | 29.5% | ||
| Q1 24 | -22.5% | 35.0% |
资本支出强度OPYPATH
| Q4 25 | 1.1% | 0.8% | ||
| Q3 25 | 0.3% | 0.0% | ||
| Q2 25 | 0.3% | 3.6% | ||
| Q1 25 | 0.5% | 1.7% | ||
| Q4 24 | 1.4% | 1.4% | ||
| Q3 24 | 0.1% | 0.4% | ||
| Q2 24 | 0.4% | 0.4% | ||
| Q1 24 | 0.1% | 0.9% |
现金转化率OPYPATH
| Q4 25 | 2.54× | 0.14× | ||
| Q3 25 | 2.92× | 26.25× | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | -2.99× | 2.82× | ||
| Q4 24 | -10.08× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | -11.23× | — | ||
| Q1 24 | -3.03× | 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
OPY
| Advisory Fees | $166.6M | 35% |
| Capital Markets Segment | $155.5M | 33% |
| Other | $57.2M | 12% |
| Commissions From Sales And Trading | $52.9M | 11% |
| Bank Deposit Sweep Income | $27.7M | 6% |
| Mutual Fund Income | $8.9M | 2% |
| Investment Banking Capital Markets | $3.3M | 1% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
