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UiPath, Inc.（PATH）与null（SDHC）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null的1.6倍（$411.1M vs $260.4M），UiPath, Inc.净利率更高（48.4% vs 1.4%，领先47.0%），UiPath, Inc.同比增速更快（15.9% vs -9.4%），UiPath, Inc.自由现金流更多（$25.1M vs $8.7M），过去两年null的营收复合增速更高（17.3% 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。
史密斯韦森品牌公司是美国的枪械制造商，总部位于美国田纳西州玛丽维尔，是该领域历史悠久且知名的生产企业，在民用及警用枪械市场拥有较高的认可度。
PATH vs SDHC — 直观对比
营收规模更大
PATH
是对方的1.6倍
$260.4M
营收增速更快
PATH
高出25.3%
-9.4%
净利率更高
PATH
高出47.0%
1.4%
自由现金流更多
PATH
多$16.4M
$8.7M
两年增速更快
SDHC
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $260.4M |
| 净利润 | $198.8M | $3.5M |
| 毛利率 | 83.3% | 19.9% |
| 营业利润率 | 3.2% | 6.5% |
| 净利率 | 48.4% | 1.4% |
| 营收同比 | 15.9% | -9.4% |
| 净利润同比 | 1966.2% | -14.3% |
| 每股收益（稀释后） | $0.37 | $0.39 |
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PATHSDHC
| Q4 25 | $411.1M | $260.4M | ||
| Q3 25 | $361.7M | $262.0M | ||
| Q2 25 | $356.6M | $223.9M | ||
| Q1 25 | $423.6M | $224.7M | ||
| Q4 24 | $354.7M | $287.5M | ||
| Q3 24 | $316.3M | $277.8M | ||
| Q2 24 | $335.1M | $220.9M | ||
| Q1 24 | $405.3M | $189.2M |
净利润PATHSDHC
| Q4 25 | $198.8M | $3.5M | ||
| Q3 25 | $1.6M | $2.1M | ||
| Q2 25 | $-22.6M | $2.4M | ||
| Q1 25 | $51.8M | $2.7M | ||
| Q4 24 | $-10.7M | $4.1M | ||
| Q3 24 | $-86.1M | $5.3M | ||
| Q2 24 | $-28.7M | $3.6M | ||
| Q1 24 | $33.9M | $3.0M |
毛利率PATHSDHC
| Q4 25 | 83.3% | 19.9% | ||
| Q3 25 | 82.2% | 21.0% | ||
| Q2 25 | 82.1% | 23.2% | ||
| Q1 25 | 84.8% | 23.8% | ||
| Q4 24 | 82.0% | 25.5% | ||
| Q3 24 | 80.0% | 26.5% | ||
| Q2 24 | 83.5% | 26.7% | ||
| Q1 24 | 86.8% | 26.1% |
营业利润率PATHSDHC
| Q4 25 | 3.2% | 6.5% | ||
| Q3 25 | -5.6% | 6.6% | ||
| Q2 25 | -4.6% | 7.7% | ||
| Q1 25 | 7.9% | 8.7% | ||
| Q4 24 | -12.2% | 10.4% | ||
| Q3 24 | -32.7% | 14.2% | ||
| Q2 24 | -14.8% | 11.7% | ||
| Q1 24 | 3.7% | 11.3% |
净利率PATHSDHC
| Q4 25 | 48.4% | 1.4% | ||
| Q3 25 | 0.4% | 0.8% | ||
| Q2 25 | -6.3% | 1.1% | ||
| Q1 25 | 12.2% | 1.2% | ||
| Q4 24 | -3.0% | 1.4% | ||
| Q3 24 | -27.2% | 1.9% | ||
| Q2 24 | -8.6% | 1.7% | ||
| Q1 24 | 8.4% | 1.6% |
每股收益（稀释后）PATHSDHC
| Q4 25 | $0.37 | $0.39 | ||
| Q3 25 | $0.00 | $0.24 | ||
| Q2 25 | $-0.04 | $0.26 | ||
| Q1 25 | $0.09 | $0.30 | ||
| Q4 24 | $-0.02 | $0.50 | ||
| Q3 24 | $-0.15 | $0.58 | ||
| Q2 24 | $-0.05 | $0.40 | ||
| Q1 24 | $0.07 | $0.33 |
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 | $12.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $86.7M |
| 总资产 | $2.9B | $557.6M |
| 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PATHSDHC
| Q4 25 | $1.4B | $12.7M | ||
| Q3 25 | $1.4B | $14.8M | ||
| Q2 25 | $1.6B | $16.8M | ||
| Q1 25 | $1.6B | $12.7M | ||
| Q4 24 | $1.6B | $22.4M | ||
| Q3 24 | $1.7B | $23.7M | ||
| Q2 24 | $1.9B | $17.3M | ||
| Q1 24 | $1.9B | $32.8M |
股东权益PATHSDHC
| Q4 25 | $1.9B | $86.7M | ||
| Q3 25 | $1.7B | $82.2M | ||
| Q2 25 | $1.7B | $80.0M | ||
| Q1 25 | $1.8B | $76.9M | ||
| Q4 24 | $1.7B | $73.6M | ||
| Q3 24 | $1.8B | $68.4M | ||
| Q2 24 | $2.0B | $62.1M | ||
| Q1 24 | $2.0B | $59.7M |
总资产PATHSDHC
| Q4 25 | $2.9B | $557.6M | ||
| Q3 25 | $2.6B | $571.6M | ||
| Q2 25 | $2.6B | $570.2M | ||
| Q1 25 | $2.9B | $513.9M | ||
| Q4 24 | $2.7B | $475.9M | ||
| Q3 24 | $2.7B | $460.1M | ||
| Q2 24 | $2.8B | $429.3M | ||
| Q1 24 | $3.0B | $401.3M |
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 | $9.8M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | $8.7M |
| 自由现金流率自由现金流/营收 | 6.1% | 3.4% |
| 资本支出强度资本支出/营收 | 0.8% | 0.4% |
| 现金转化率经营现金流/净利润 | 0.14× | 2.77× |
| 过去12个月自由现金流最近4个季度 | — | $-36.9M |
8季度趋势，按日历期对齐
经营现金流PATHSDHC
| Q4 25 | $28.3M | $9.8M | ||
| Q3 25 | $41.6M | $22.8M | ||
| Q2 25 | $119.0M | $-28.9M | ||
| Q1 25 | $146.1M | $-34.9M | ||
| Q4 24 | $28.1M | $5.5M | ||
| Q3 24 | $46.4M | $22.9M | ||
| Q2 24 | $100.0M | $39.0K | ||
| Q1 24 | $145.6M | $-9.3M |
自由现金流PATHSDHC
| Q4 25 | $25.1M | $8.7M | ||
| Q3 25 | — | $21.4M | ||
| Q2 25 | $106.2M | $-31.1M | ||
| Q1 25 | $138.7M | $-35.9M | ||
| Q4 24 | $23.2M | $4.8M | ||
| Q3 24 | $45.0M | $22.3M | ||
| Q2 24 | $98.8M | $-2.1M | ||
| Q1 24 | $141.8M | $-9.7M |
自由现金流率PATHSDHC
| Q4 25 | 6.1% | 3.4% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | 29.8% | -13.9% | ||
| Q1 25 | 32.7% | -16.0% | ||
| Q4 24 | 6.5% | 1.7% | ||
| Q3 24 | 14.2% | 8.0% | ||
| Q2 24 | 29.5% | -1.0% | ||
| Q1 24 | 35.0% | -5.1% |
资本支出强度PATHSDHC
| Q4 25 | 0.8% | 0.4% | ||
| Q3 25 | 0.0% | 0.5% | ||
| Q2 25 | 3.6% | 0.9% | ||
| Q1 25 | 1.7% | 0.5% | ||
| Q4 24 | 1.4% | 0.2% | ||
| Q3 24 | 0.4% | 0.2% | ||
| Q2 24 | 0.4% | 1.0% | ||
| Q1 24 | 0.9% | 0.2% |
现金转化率PATHSDHC
| Q4 25 | 0.14× | 2.77× | ||
| Q3 25 | 26.25× | 10.70× | ||
| Q2 25 | — | -12.24× | ||
| Q1 25 | 2.82× | -13.01× | ||
| Q4 24 | — | 1.33× | ||
| Q3 24 | — | 4.28× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | 4.29× | -3.12× |
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% |
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
