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UiPath, Inc.（PATH）与ROYAL GOLD INC（RGLD）财务数据对比。点击上方公司名可切换其他公司
UiPath, Inc.的季度营收约是ROYAL GOLD INC的1.1倍（$411.1M vs $375.3M），UiPath, Inc.净利率更高（48.4% vs 24.9%，领先23.4%），ROYAL GOLD INC同比增速更快（85.3% vs 15.9%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 0.7%）
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。
Royal Gold Inc.是全球领先的贵金属流权与特许权经营企业，收购并管理多元化的矿业项目流权、净熔炼收益特许权及相关权益，资产覆盖黄金、白银、铜等品类，业务遍及多地区，无需直接承担采矿运营风险。
PATH vs RGLD — 直观对比
营收规模更大
PATH
是对方的1.1倍
$375.3M
营收增速更快
RGLD
高出69.4%
15.9%
净利率更高
PATH
高出23.4%
24.9%
两年增速更快
RGLD
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $375.3M |
| 净利润 | $198.8M | $93.6M |
| 毛利率 | 83.3% | 64.6% |
| 营业利润率 | 3.2% | 56.2% |
| 净利率 | 48.4% | 24.9% |
| 营收同比 | 15.9% | 85.3% |
| 净利润同比 | 1966.2% | -12.8% |
| 每股收益（稀释后） | $0.37 | $1.04 |
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PATHRGLD
| Q4 25 | $411.1M | $375.3M | ||
| Q3 25 | $361.7M | $252.1M | ||
| Q2 25 | $356.6M | $209.6M | ||
| Q1 25 | $423.6M | $193.4M | ||
| Q4 24 | $354.7M | $202.6M | ||
| Q3 24 | $316.3M | $193.8M | ||
| Q2 24 | $335.1M | $174.1M | ||
| Q1 24 | $405.3M | $148.9M |
净利润PATHRGLD
| Q4 25 | $198.8M | $93.6M | ||
| Q3 25 | $1.6M | $126.8M | ||
| Q2 25 | $-22.6M | $132.3M | ||
| Q1 25 | $51.8M | $113.5M | ||
| Q4 24 | $-10.7M | $107.4M | ||
| Q3 24 | $-86.1M | $96.2M | ||
| Q2 24 | $-28.7M | $81.2M | ||
| Q1 24 | $33.9M | $47.2M |
毛利率PATHRGLD
| Q4 25 | 83.3% | 64.6% | ||
| Q3 25 | 82.2% | 73.6% | ||
| Q2 25 | 82.1% | 72.6% | ||
| Q1 25 | 84.8% | 69.4% | ||
| Q4 24 | 82.0% | 70.3% | ||
| Q3 24 | 80.0% | 66.6% | ||
| Q2 24 | 83.5% | 64.7% | ||
| Q1 24 | 86.8% | 58.4% |
营业利润率PATHRGLD
| Q4 25 | 3.2% | 56.2% | ||
| Q3 25 | -5.6% | 64.4% | ||
| Q2 25 | -4.6% | 67.7% | ||
| Q1 25 | 7.9% | 63.6% | ||
| Q4 24 | -12.2% | 65.9% | ||
| Q3 24 | -32.7% | 61.3% | ||
| Q2 24 | -14.8% | 58.6% | ||
| Q1 24 | 3.7% | 50.7% |
净利率PATHRGLD
| Q4 25 | 48.4% | 24.9% | ||
| Q3 25 | 0.4% | 50.3% | ||
| Q2 25 | -6.3% | 63.1% | ||
| Q1 25 | 12.2% | 58.7% | ||
| Q4 24 | -3.0% | 53.0% | ||
| Q3 24 | -27.2% | 49.7% | ||
| Q2 24 | -8.6% | 46.6% | ||
| Q1 24 | 8.4% | 31.7% |
每股收益（稀释后）PATHRGLD
| Q4 25 | $0.37 | $1.04 | ||
| Q3 25 | $0.00 | $1.92 | ||
| Q2 25 | $-0.04 | $2.01 | ||
| Q1 25 | $0.09 | $1.72 | ||
| Q4 24 | $-0.02 | $1.63 | ||
| Q3 24 | $-0.15 | $1.46 | ||
| Q2 24 | $-0.05 | $1.23 | ||
| Q1 24 | $0.07 | $0.72 |
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 | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $7.2B |
| 总资产 | $2.9B | $9.5B |
| 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PATHRGLD
| Q4 25 | $1.4B | $233.7M | ||
| Q3 25 | $1.4B | $172.8M | ||
| Q2 25 | $1.6B | $248.2M | ||
| Q1 25 | $1.6B | $240.8M | ||
| Q4 24 | $1.6B | $195.5M | ||
| Q3 24 | $1.7B | $127.9M | ||
| Q2 24 | $1.9B | $74.2M | ||
| Q1 24 | $1.9B | $137.9M |
总债务PATHRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益PATHRGLD
| Q4 25 | $1.9B | $7.2B | ||
| Q3 25 | $1.7B | $3.4B | ||
| Q2 25 | $1.7B | $3.3B | ||
| Q1 25 | $1.8B | $3.2B | ||
| Q4 24 | $1.7B | $3.1B | ||
| Q3 24 | $1.8B | $3.0B | ||
| Q2 24 | $2.0B | $3.0B | ||
| Q1 24 | $2.0B | $2.9B |
总资产PATHRGLD
| Q4 25 | $2.9B | $9.5B | ||
| Q3 25 | $2.6B | $4.5B | ||
| Q2 25 | $2.6B | $3.6B | ||
| Q1 25 | $2.9B | $3.5B | ||
| Q4 24 | $2.7B | $3.4B | ||
| Q3 24 | $2.7B | $3.3B | ||
| Q2 24 | $2.8B | $3.3B | ||
| Q1 24 | $3.0B | $3.3B |
负债/权益比PATHRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× | ||
| 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 | $28.3M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | — |
| 自由现金流率自由现金流/营收 | 6.1% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 现金转化率经营现金流/净利润 | 0.14× | 2.58× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流PATHRGLD
| Q4 25 | $28.3M | $241.7M | ||
| Q3 25 | $41.6M | $174.0M | ||
| Q2 25 | $119.0M | $152.8M | ||
| Q1 25 | $146.1M | $136.4M | ||
| Q4 24 | $28.1M | $141.1M | ||
| Q3 24 | $46.4M | $136.7M | ||
| Q2 24 | $100.0M | $113.5M | ||
| Q1 24 | $145.6M | $138.3M |
自由现金流PATHRGLD
| Q4 25 | $25.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $106.2M | — | ||
| Q1 25 | $138.7M | — | ||
| Q4 24 | $23.2M | — | ||
| Q3 24 | $45.0M | — | ||
| Q2 24 | $98.8M | — | ||
| Q1 24 | $141.8M | — |
自由现金流率PATHRGLD
| Q4 25 | 6.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 29.8% | — | ||
| Q1 25 | 32.7% | — | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | 14.2% | — | ||
| Q2 24 | 29.5% | — | ||
| Q1 24 | 35.0% | — |
资本支出强度PATHRGLD
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.9% | — |
现金转化率PATHRGLD
| Q4 25 | 0.14× | 2.58× | ||
| Q3 25 | 26.25× | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | 2.82× | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | 4.29× | 2.93× |
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% |
RGLD
| Gold | $216.9M | 58% |
| Pueblo Viejo | $47.3M | 13% |
| Andacollo | $32.6M | 9% |
| Silver | $32.1M | 9% |
| Other | $27.2M | 7% |
| Copper | $13.7M | 4% |
| Cortez Legacy Zone | $5.4M | 1% |
