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UiPath, Inc.（PATH）与Dave & Buster's Entertainment, Inc.（PLAY）财务数据对比。点击上方公司名可切换其他公司
Dave & Buster's Entertainment, Inc.的季度营收约是UiPath, Inc.的1.1倍（$448.2M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs -9.4%，领先57.8%），UiPath, Inc.同比增速更快（15.9% vs -1.1%），UiPath, Inc.自由现金流更多（$25.1M vs $-20.6M），过去两年UiPath, Inc.的营收复合增速更高（0.7% vs -13.5%）
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。
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
PATH vs PLAY — 直观对比
营收规模更大
PLAY
是对方的1.1倍
$411.1M
营收增速更快
PATH
高出17.0%
-1.1%
净利率更高
PATH
高出57.8%
-9.4%
自由现金流更多
PATH
多$45.7M
$-20.6M
两年增速更快
PATH
近两年复合增速
-13.5%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $448.2M |
| 净利润 | $198.8M | $-42.1M |
| 毛利率 | 83.3% | 85.8% |
| 营业利润率 | 3.2% | -3.6% |
| 净利率 | 48.4% | -9.4% |
| 营收同比 | 15.9% | -1.1% |
| 净利润同比 | 1966.2% | -28.7% |
| 每股收益（稀释后） | $0.37 | $-1.22 |
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PATHPLAY
| Q4 25 | $411.1M | $448.2M | ||
| Q3 25 | $361.7M | $557.4M | ||
| Q2 25 | $356.6M | $567.7M | ||
| Q1 25 | $423.6M | $534.5M | ||
| Q4 24 | $354.7M | $453.0M | ||
| Q3 24 | $316.3M | $557.1M | ||
| Q2 24 | $335.1M | $588.1M | ||
| Q1 24 | $405.3M | $599.0M |
净利润PATHPLAY
| Q4 25 | $198.8M | $-42.1M | ||
| Q3 25 | $1.6M | $11.4M | ||
| Q2 25 | $-22.6M | $21.7M | ||
| Q1 25 | $51.8M | $9.3M | ||
| Q4 24 | $-10.7M | $-32.7M | ||
| Q3 24 | $-86.1M | $40.3M | ||
| Q2 24 | $-28.7M | $41.4M | ||
| Q1 24 | $33.9M | $36.1M |
毛利率PATHPLAY
| Q4 25 | 83.3% | 85.8% | ||
| Q3 25 | 82.2% | 86.3% | ||
| Q2 25 | 82.1% | 85.5% | ||
| Q1 25 | 84.8% | 85.5% | ||
| Q4 24 | 82.0% | 85.0% | ||
| Q3 24 | 80.0% | 85.3% | ||
| Q2 24 | 83.5% | 85.2% | ||
| Q1 24 | 86.8% | 84.1% |
营业利润率PATHPLAY
| Q4 25 | 3.2% | -3.6% | ||
| Q3 25 | -5.6% | 9.5% | ||
| Q2 25 | -4.6% | 11.1% | ||
| Q1 25 | 7.9% | 8.3% | ||
| Q4 24 | -12.2% | 1.4% | ||
| Q3 24 | -32.7% | 15.2% | ||
| Q2 24 | -14.8% | 14.5% | ||
| Q1 24 | 3.7% | 14.9% |
净利率PATHPLAY
| Q4 25 | 48.4% | -9.4% | ||
| Q3 25 | 0.4% | 2.0% | ||
| Q2 25 | -6.3% | 3.8% | ||
| Q1 25 | 12.2% | 1.7% | ||
| Q4 24 | -3.0% | -7.2% | ||
| Q3 24 | -27.2% | 7.2% | ||
| Q2 24 | -8.6% | 7.0% | ||
| Q1 24 | 8.4% | 6.0% |
每股收益（稀释后）PATHPLAY
| Q4 25 | $0.37 | $-1.22 | ||
| Q3 25 | $0.00 | $0.32 | ||
| Q2 25 | $-0.04 | $0.62 | ||
| Q1 25 | $0.09 | $0.32 | ||
| Q4 24 | $-0.02 | $-0.84 | ||
| Q3 24 | $-0.15 | $0.99 | ||
| Q2 24 | $-0.05 | $0.99 | ||
| Q1 24 | $0.07 | $0.95 |
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 | $1.4B | $13.6M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $1.9B | $130.8M |
| 总资产 | $2.9B | $4.1B |
| 负债/权益比越低杠杆越低 | — | 12.17× |
8季度趋势，按日历期对齐
现金及短期投资PATHPLAY
| Q4 25 | $1.4B | $13.6M | ||
| Q3 25 | $1.4B | $12.0M | ||
| Q2 25 | $1.6B | $11.9M | ||
| Q1 25 | $1.6B | $6.9M | ||
| Q4 24 | $1.6B | $8.6M | ||
| Q3 24 | $1.7B | $13.1M | ||
| Q2 24 | $1.9B | $32.1M | ||
| Q1 24 | $1.9B | $37.3M |
总债务PATHPLAY
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.3B |
股东权益PATHPLAY
| Q4 25 | $1.9B | $130.8M | ||
| Q3 25 | $1.7B | $166.2M | ||
| Q2 25 | $1.7B | $146.8M | ||
| Q1 25 | $1.8B | $145.8M | ||
| Q4 24 | $1.7B | $226.6M | ||
| Q3 24 | $1.8B | $284.4M | ||
| Q2 24 | $2.0B | $292.5M | ||
| Q1 24 | $2.0B | $251.2M |
总资产PATHPLAY
| Q4 25 | $2.9B | $4.1B | ||
| Q3 25 | $2.6B | $4.1B | ||
| Q2 25 | $2.6B | $4.1B | ||
| Q1 25 | $2.9B | $4.0B | ||
| Q4 24 | $2.7B | $3.9B | ||
| Q3 24 | $2.7B | $3.8B | ||
| Q2 24 | $2.8B | $3.8B | ||
| Q1 24 | $3.0B | $3.8B |
负债/权益比PATHPLAY
| Q4 25 | — | 12.17× | ||
| Q3 25 | — | 9.57× | ||
| Q2 25 | — | 10.98× | ||
| Q1 25 | — | 10.45× | ||
| Q4 24 | — | 6.58× | ||
| Q3 24 | — | 4.72× | ||
| Q2 24 | — | 4.58× | ||
| Q1 24 | — | 5.33× |
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 | $28.3M | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | $-20.6M |
| 自由现金流率自由现金流/营收 | 6.1% | -4.6% |
| 资本支出强度资本支出/营收 | 0.8% | 17.5% |
| 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 | — | $-195.6M |
8季度趋势，按日历期对齐
经营现金流PATHPLAY
| Q4 25 | $28.3M | $58.0M | ||
| Q3 25 | $41.6M | $34.0M | ||
| Q2 25 | $119.0M | $95.8M | ||
| Q1 25 | $146.1M | $108.9M | ||
| Q4 24 | $28.1M | $-7.2M | ||
| Q3 24 | $46.4M | $101.8M | ||
| Q2 24 | $100.0M | $108.8M | ||
| Q1 24 | $145.6M | $97.2M |
自由现金流PATHPLAY
| Q4 25 | $25.1M | $-20.6M | ||
| Q3 25 | — | $-55.2M | ||
| Q2 25 | $106.2M | $-58.8M | ||
| Q1 25 | $138.7M | $-61.0M | ||
| Q4 24 | $23.2M | $-138.4M | ||
| Q3 24 | $45.0M | $-14.3M | ||
| Q2 24 | $98.8M | $-4.2M | ||
| Q1 24 | $141.8M | $-25.4M |
自由现金流率PATHPLAY
| Q4 25 | 6.1% | -4.6% | ||
| Q3 25 | — | -9.9% | ||
| Q2 25 | 29.8% | -10.4% | ||
| Q1 25 | 32.7% | -11.4% | ||
| Q4 24 | 6.5% | -30.6% | ||
| Q3 24 | 14.2% | -2.6% | ||
| Q2 24 | 29.5% | -0.7% | ||
| Q1 24 | 35.0% | -4.2% |
资本支出强度PATHPLAY
| Q4 25 | 0.8% | 17.5% | ||
| Q3 25 | 0.0% | 16.0% | ||
| Q2 25 | 3.6% | 27.2% | ||
| Q1 25 | 1.7% | 31.8% | ||
| Q4 24 | 1.4% | 29.0% | ||
| Q3 24 | 0.4% | 20.8% | ||
| Q2 24 | 0.4% | 19.2% | ||
| Q1 24 | 0.9% | 20.5% |
现金转化率PATHPLAY
| Q4 25 | 0.14× | — | ||
| Q3 25 | 26.25× | 2.98× | ||
| Q2 25 | — | 4.41× | ||
| Q1 25 | 2.82× | 11.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.53× | ||
| Q2 24 | — | 2.63× | ||
| Q1 24 | 4.29× | 2.69× |
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
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
