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UiPath, Inc.（PATH）与Sinclair, Inc.（SBGI）财务数据对比。点击上方公司名可切换其他公司
Sinclair, Inc.的季度营收约是UiPath, Inc.的2.0倍（$807.0M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 2.5%，领先45.9%），UiPath, Inc.同比增速更快（15.9% vs 4.0%），过去两年UiPath, Inc.的营收复合增速更高（0.7% vs -1.3%）
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。
辛克莱公司（以辛克莱广播集团开展业务）是一家上市的美国电信综合企业，由创始人朱利安·辛克莱·史密斯的后代控股。公司总部位于马里兰州巴尔的摩郊县科基斯维尔，按电视台数量计算是美国第二大电视台运营商，仅次于奈克斯达媒体集团，在全国100多个市场拥有或运营193家电视台，覆盖美国40%的区域。
PATH vs SBGI — 直观对比
营收规模更大
SBGI
是对方的2.0倍
$411.1M
营收增速更快
PATH
高出11.9%
4.0%
净利率更高
PATH
高出45.9%
2.5%
两年增速更快
PATH
近两年复合增速
-1.3%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $807.0M |
| 净利润 | $198.8M | $20.0M |
| 毛利率 | 83.3% | — |
| 营业利润率 | 3.2% | 0.0% |
| 净利率 | 48.4% | 2.5% |
| 营收同比 | 15.9% | 4.0% |
| 净利润同比 | 1966.2% | — |
| 每股收益（稀释后） | $0.37 | $0.28 |
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PATHSBGI
| Q1 26 | — | $807.0M | ||
| Q4 25 | $411.1M | $836.0M | ||
| Q3 25 | $361.7M | $773.0M | ||
| Q2 25 | $356.6M | $784.0M | ||
| Q1 25 | $423.6M | $776.0M | ||
| Q4 24 | $354.7M | $1.0B | ||
| Q3 24 | $316.3M | $917.0M | ||
| Q2 24 | $335.1M | $829.0M |
净利润PATHSBGI
| Q1 26 | — | $20.0M | ||
| Q4 25 | $198.8M | $109.0M | ||
| Q3 25 | $1.6M | $-1.0M | ||
| Q2 25 | $-22.6M | $-64.0M | ||
| Q1 25 | $51.8M | $-156.0M | ||
| Q4 24 | $-10.7M | $176.0M | ||
| Q3 24 | $-86.1M | $94.0M | ||
| Q2 24 | $-28.7M | $17.0M |
毛利率PATHSBGI
| Q1 26 | — | — | ||
| 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% | — |
营业利润率PATHSBGI
| Q1 26 | — | 0.0% | ||
| Q4 25 | 3.2% | 9.6% | ||
| Q3 25 | -5.6% | 7.5% | ||
| Q2 25 | -4.6% | 2.7% | ||
| Q1 25 | 7.9% | 1.8% | ||
| Q4 24 | -12.2% | 26.5% | ||
| Q3 24 | -32.7% | 19.5% | ||
| Q2 24 | -14.8% | 7.7% |
净利率PATHSBGI
| Q1 26 | — | 2.5% | ||
| Q4 25 | 48.4% | 13.0% | ||
| Q3 25 | 0.4% | -0.1% | ||
| Q2 25 | -6.3% | -8.2% | ||
| Q1 25 | 12.2% | -20.1% | ||
| Q4 24 | -3.0% | 17.5% | ||
| Q3 24 | -27.2% | 10.3% | ||
| Q2 24 | -8.6% | 2.1% |
每股收益（稀释后）PATHSBGI
| Q1 26 | — | $0.28 | ||
| Q4 25 | $0.37 | $1.62 | ||
| Q3 25 | $0.00 | $-0.02 | ||
| Q2 25 | $-0.04 | $-0.91 | ||
| Q1 25 | $0.09 | $-2.30 | ||
| Q4 24 | $-0.02 | $2.64 | ||
| Q3 24 | $-0.15 | $1.43 | ||
| Q2 24 | $-0.05 | $0.27 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | — |
| 总资产 | $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PATHSBGI
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $866.0M | ||
| Q3 25 | $1.4B | $526.0M | ||
| Q2 25 | $1.6B | $616.0M | ||
| Q1 25 | $1.6B | $631.0M | ||
| Q4 24 | $1.6B | $697.0M | ||
| Q3 24 | $1.7B | $536.0M | ||
| Q2 24 | $1.9B | $378.0M |
总债务PATHSBGI
| Q1 26 | — | — | ||
| Q4 25 | — | $4.4B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | — | $4.1B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.1B |
股东权益PATHSBGI
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $443.0M | ||
| Q3 25 | $1.7B | $347.0M | ||
| Q2 25 | $1.7B | $361.0M | ||
| Q1 25 | $1.8B | $436.0M | ||
| Q4 24 | $1.7B | $583.0M | ||
| Q3 24 | $1.8B | $415.0M | ||
| Q2 24 | $2.0B | $340.0M |
总资产PATHSBGI
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $5.9B | ||
| Q3 25 | $2.6B | $5.6B | ||
| Q2 25 | $2.6B | $5.7B | ||
| Q1 25 | $2.9B | $5.8B | ||
| Q4 24 | $2.7B | $5.9B | ||
| Q3 24 | $2.7B | $5.8B | ||
| Q2 24 | $2.8B | $5.7B |
负债/权益比PATHSBGI
| Q1 26 | — | — | ||
| Q4 25 | — | 9.84× | ||
| Q3 25 | — | 11.75× | ||
| Q2 25 | — | 11.30× | ||
| Q1 25 | — | 9.56× | ||
| Q4 24 | — | 7.02× | ||
| Q3 24 | — | 9.86× | ||
| Q2 24 | — | 12.08× |
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 | — |
| 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% | 1.7% |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流PATHSBGI
| Q1 26 | — | — | ||
| Q4 25 | $28.3M | $98.0M | ||
| Q3 25 | $41.6M | $-36.0M | ||
| Q2 25 | $119.0M | $122.0M | ||
| Q1 25 | $146.1M | $5.0M | ||
| Q4 24 | $28.1M | $198.0M | ||
| Q3 24 | $46.4M | $210.0M | ||
| Q2 24 | $100.0M | $-306.0M |
自由现金流PATHSBGI
| Q1 26 | — | — | ||
| Q4 25 | $25.1M | $79.0M | ||
| Q3 25 | — | $-58.0M | ||
| Q2 25 | $106.2M | $105.0M | ||
| Q1 25 | $138.7M | $-11.0M | ||
| Q4 24 | $23.2M | $175.0M | ||
| Q3 24 | $45.0M | $193.0M | ||
| Q2 24 | $98.8M | $-329.0M |
自由现金流率PATHSBGI
| Q1 26 | — | — | ||
| Q4 25 | 6.1% | 9.4% | ||
| Q3 25 | — | -7.5% | ||
| Q2 25 | 29.8% | 13.4% | ||
| Q1 25 | 32.7% | -1.4% | ||
| Q4 24 | 6.5% | 17.4% | ||
| Q3 24 | 14.2% | 21.0% | ||
| Q2 24 | 29.5% | -39.7% |
资本支出强度PATHSBGI
| Q1 26 | — | 1.7% | ||
| Q4 25 | 0.8% | 2.3% | ||
| Q3 25 | 0.0% | 2.8% | ||
| Q2 25 | 3.6% | 2.2% | ||
| Q1 25 | 1.7% | 2.1% | ||
| Q4 24 | 1.4% | 2.3% | ||
| Q3 24 | 0.4% | 1.9% | ||
| Q2 24 | 0.4% | 2.8% |
现金转化率PATHSBGI
| Q1 26 | — | — | ||
| Q4 25 | 0.14× | 0.90× | ||
| Q3 25 | 26.25× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.82× | — | ||
| Q4 24 | — | 1.13× | ||
| Q3 24 | — | 2.23× | ||
| Q2 24 | — | -18.00× |
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% |
SBGI
| Media revenue | $701.0M | 87% |
| Other | $82.0M | 10% |
| Political advertising revenue | $18.0M | 2% |
| Non-media revenue | $6.0M | 1% |
