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UiPath, Inc.（PATH）与STEPAN CO（SCL）财务数据对比。点击上方公司名可切换其他公司
STEPAN CO的季度营收约是UiPath, Inc.的1.5倍（$604.5M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 3.3%，领先45.1%），UiPath, Inc.同比增速更快（15.9% vs 1.9%），过去两年STEPAN CO的营收复合增速更高（4.2% 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。
斯特潘公司是一家美国特种化学品制造商，总部位于伊利诺伊州诺斯布鲁克，1932年由小阿尔弗雷德·C·斯特潘创立，现有约2000名员工，目前由创始人的孙子小F·奎因·斯特潘执掌。该公司是全球最大的阴离子表面活性剂商品生产商，产品用于提升洗涤剂、洗发水、牙膏及化妆品的起泡与清洁能力。
PATH vs SCL — 直观对比
营收规模更大
SCL
是对方的1.5倍
$411.1M
营收增速更快
PATH
高出14.0%
1.9%
净利率更高
PATH
高出45.1%
3.3%
两年增速更快
SCL
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $604.5M |
| 净利润 | $198.8M | $19.7M |
| 毛利率 | 83.3% | 10.7% |
| 营业利润率 | 3.2% | 4.7% |
| 净利率 | 48.4% | 3.3% |
| 营收同比 | 15.9% | 1.9% |
| 净利润同比 | 1966.2% | — |
| 每股收益（稀释后） | $0.37 | $0.86 |
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PATHSCL
| Q1 26 | — | $604.5M | ||
| Q4 25 | $411.1M | $553.9M | ||
| Q3 25 | $361.7M | $590.3M | ||
| Q2 25 | $356.6M | $594.7M | ||
| Q1 25 | $423.6M | $593.3M | ||
| Q4 24 | $354.7M | $525.6M | ||
| Q3 24 | $316.3M | $546.8M | ||
| Q2 24 | $335.1M | $556.4M |
净利润PATHSCL
| Q1 26 | — | $19.7M | ||
| Q4 25 | $198.8M | $5.0M | ||
| Q3 25 | $1.6M | $10.8M | ||
| Q2 25 | $-22.6M | $11.3M | ||
| Q1 25 | $51.8M | $19.7M | ||
| Q4 24 | $-10.7M | $3.4M | ||
| Q3 24 | $-86.1M | $23.6M | ||
| Q2 24 | $-28.7M | $9.5M |
毛利率PATHSCL
| Q1 26 | — | 10.7% | ||
| Q4 25 | 83.3% | 9.3% | ||
| Q3 25 | 82.2% | 12.0% | ||
| Q2 25 | 82.1% | 12.1% | ||
| Q1 25 | 84.8% | 12.7% | ||
| Q4 24 | 82.0% | 10.8% | ||
| Q3 24 | 80.0% | 13.8% | ||
| Q2 24 | 83.5% | 12.5% |
营业利润率PATHSCL
| Q1 26 | — | 4.7% | ||
| Q4 25 | 3.2% | 1.9% | ||
| Q3 25 | -5.6% | 3.7% | ||
| Q2 25 | -4.6% | 3.0% | ||
| Q1 25 | 7.9% | 4.8% | ||
| Q4 24 | -12.2% | 1.5% | ||
| Q3 24 | -32.7% | 4.4% | ||
| Q2 24 | -14.8% | 3.4% |
净利率PATHSCL
| Q1 26 | — | 3.3% | ||
| Q4 25 | 48.4% | 0.9% | ||
| Q3 25 | 0.4% | 1.8% | ||
| Q2 25 | -6.3% | 1.9% | ||
| Q1 25 | 12.2% | 3.3% | ||
| Q4 24 | -3.0% | 0.6% | ||
| Q3 24 | -27.2% | 4.3% | ||
| Q2 24 | -8.6% | 1.7% |
每股收益（稀释后）PATHSCL
| Q1 26 | — | $0.86 | ||
| Q4 25 | $0.37 | $0.22 | ||
| Q3 25 | $0.00 | $0.47 | ||
| Q2 25 | $-0.04 | $0.50 | ||
| Q1 25 | $0.09 | $0.86 | ||
| Q4 24 | $-0.02 | $0.14 | ||
| Q3 24 | $-0.15 | $1.03 | ||
| Q2 24 | $-0.05 | $0.42 |
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 | — | $328.4M |
| 股东权益账面价值 | $1.9B | $1.2B |
| 总资产 | $2.9B | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资PATHSCL
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $132.7M | ||
| Q3 25 | $1.4B | $118.5M | ||
| Q2 25 | $1.6B | $88.9M | ||
| Q1 25 | $1.6B | $107.5M | ||
| Q4 24 | $1.6B | $99.7M | ||
| Q3 24 | $1.7B | $147.3M | ||
| Q2 24 | $1.9B | $124.7M |
总债务PATHSCL
| Q1 26 | — | $328.4M | ||
| Q4 25 | — | $626.7M | ||
| Q3 25 | — | $655.5M | ||
| Q2 25 | — | $658.0M | ||
| Q1 25 | — | $659.3M | ||
| Q4 24 | — | $625.4M | ||
| Q3 24 | — | $688.5M | ||
| Q2 24 | — | $657.1M |
股东权益PATHSCL
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $1.7B | $1.2B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $1.7B | $1.2B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $2.0B | $1.2B |
总资产PATHSCL
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.9B | $2.4B | ||
| Q3 25 | $2.6B | $2.4B | ||
| Q2 25 | $2.6B | $2.4B | ||
| Q1 25 | $2.9B | $2.4B | ||
| Q4 24 | $2.7B | $2.3B | ||
| Q3 24 | $2.7B | $2.4B | ||
| Q2 24 | $2.8B | $2.3B |
负债/权益比PATHSCL
| Q1 26 | — | 0.28× | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.53× | ||
| Q2 25 | — | 0.53× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.56× | ||
| Q2 24 | — | 0.55× |
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% | — |
| 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PATHSCL
| Q1 26 | — | — | ||
| Q4 25 | $28.3M | $60.0M | ||
| Q3 25 | $41.6M | $69.8M | ||
| Q2 25 | $119.0M | $11.2M | ||
| Q1 25 | $146.1M | $6.9M | ||
| Q4 24 | $28.1M | $68.3M | ||
| Q3 24 | $46.4M | $22.7M | ||
| Q2 24 | $100.0M | $29.5M |
自由现金流PATHSCL
| Q1 26 | — | — | ||
| Q4 25 | $25.1M | $25.4M | ||
| Q3 25 | — | $40.2M | ||
| Q2 25 | $106.2M | $-14.4M | ||
| Q1 25 | $138.7M | $-25.8M | ||
| Q4 24 | $23.2M | $32.1M | ||
| Q3 24 | $45.0M | $-4.0M | ||
| Q2 24 | $98.8M | $-208.0K |
自由现金流率PATHSCL
| Q1 26 | — | — | ||
| Q4 25 | 6.1% | 4.6% | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | 29.8% | -2.4% | ||
| Q1 25 | 32.7% | -4.3% | ||
| Q4 24 | 6.5% | 6.1% | ||
| Q3 24 | 14.2% | -0.7% | ||
| Q2 24 | 29.5% | -0.0% |
资本支出强度PATHSCL
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 6.3% | ||
| Q3 25 | 0.0% | 5.0% | ||
| Q2 25 | 3.6% | 4.3% | ||
| Q1 25 | 1.7% | 5.5% | ||
| Q4 24 | 1.4% | 6.9% | ||
| Q3 24 | 0.4% | 4.9% | ||
| Q2 24 | 0.4% | 5.3% |
现金转化率PATHSCL
| Q1 26 | — | — | ||
| Q4 25 | 0.14× | 11.99× | ||
| Q3 25 | 26.25× | 6.44× | ||
| Q2 25 | — | 0.99× | ||
| Q1 25 | 2.82× | 0.35× | ||
| Q4 24 | — | 20.38× | ||
| Q3 24 | — | 0.96× | ||
| Q2 24 | — | 3.10× |
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% |
SCL
| Surfactants | $453.7M | 75% |
| Polymers | $130.0M | 22% |
| Specialty Products | $20.8M | 3% |
