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UiPath, Inc.（PATH）与SLM Corp（SLM）财务数据对比。点击上方公司名可切换其他公司
SLM Corp的季度营收约是UiPath, Inc.的1.4倍（$560.0M vs $411.1M），SLM Corp净利率更高（55.0% vs 48.4%，领先6.6%），过去两年SLM Corp的营收复合增速更高（22.7% 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。
尼康旗下SLM Solutions AG总部位于德国吕贝克，是金属3D打印机领域的上市生产商，共同拥有SLM文字商标，集团股份自2014年5月9日起在法兰克福证券交易所高级市场板块挂牌交易。
PATH vs SLM — 直观对比
营收规模更大
SLM
是对方的1.4倍
$411.1M
净利率更高
SLM
高出6.6%
48.4%
两年增速更快
SLM
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $560.0M |
| 净利润 | $198.8M | $308.0M |
| 毛利率 | 83.3% | — |
| 营业利润率 | 3.2% | 69.6% |
| 净利率 | 48.4% | 55.0% |
| 营收同比 | 15.9% | — |
| 净利润同比 | 1966.2% | 1.0% |
| 每股收益（稀释后） | $0.37 | $1.54 |
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PATHSLM
| Q1 26 | — | $560.0M | ||
| Q4 25 | $411.1M | $377.1M | ||
| Q3 25 | $361.7M | $373.0M | ||
| Q2 25 | $356.6M | $376.8M | ||
| Q1 25 | $423.6M | $375.0M | ||
| Q4 24 | $354.7M | $362.2M | ||
| Q3 24 | $316.3M | $359.4M | ||
| Q2 24 | $335.1M | $372.2M |
净利润PATHSLM
| Q1 26 | — | $308.0M | ||
| Q4 25 | $198.8M | $233.2M | ||
| Q3 25 | $1.6M | $135.8M | ||
| Q2 25 | $-22.6M | $71.3M | ||
| Q1 25 | $51.8M | $304.5M | ||
| Q4 24 | $-10.7M | $111.6M | ||
| Q3 24 | $-86.1M | $-45.2M | ||
| Q2 24 | $-28.7M | $252.0M |
毛利率PATHSLM
| 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PATHSLM
| Q1 26 | — | 69.6% | ||
| Q4 25 | 3.2% | 83.8% | ||
| Q3 25 | -5.6% | 49.8% | ||
| Q2 25 | -4.6% | 23.3% | ||
| Q1 25 | 7.9% | — | ||
| Q4 24 | -12.2% | 36.5% | ||
| Q3 24 | -32.7% | -16.6% | ||
| Q2 24 | -14.8% | 91.0% |
净利率PATHSLM
| Q1 26 | — | 55.0% | ||
| Q4 25 | 48.4% | 61.8% | ||
| Q3 25 | 0.4% | 36.4% | ||
| Q2 25 | -6.3% | 18.9% | ||
| Q1 25 | 12.2% | 81.2% | ||
| Q4 24 | -3.0% | 30.8% | ||
| Q3 24 | -27.2% | -12.6% | ||
| Q2 24 | -8.6% | 67.7% |
每股收益（稀释后）PATHSLM
| Q1 26 | — | $1.54 | ||
| Q4 25 | $0.37 | $1.11 | ||
| Q3 25 | $0.00 | $0.63 | ||
| Q2 25 | $-0.04 | $0.32 | ||
| Q1 25 | $0.09 | $1.40 | ||
| Q4 24 | $-0.02 | $0.53 | ||
| Q3 24 | $-0.15 | $-0.23 | ||
| Q2 24 | $-0.05 | $1.11 |
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 | $5.2B |
| 总债务越低越好 | — | $6.2B |
| 股东权益账面价值 | $1.9B | $2.4B |
| 总资产 | $2.9B | $29.4B |
| 负债/权益比越低杠杆越低 | — | 2.53× |
8季度趋势，按日历期对齐
现金及短期投资PATHSLM
| Q1 26 | — | $5.2B | ||
| Q4 25 | $1.4B | $4.2B | ||
| Q3 25 | $1.4B | $3.5B | ||
| Q2 25 | $1.6B | $4.1B | ||
| Q1 25 | $1.6B | $3.7B | ||
| Q4 24 | $1.6B | $4.7B | ||
| Q3 24 | $1.7B | $4.5B | ||
| Q2 24 | $1.9B | $5.3B |
总债务PATHSLM
| Q1 26 | — | $6.2B | ||
| Q4 25 | — | $5.4B | ||
| Q3 25 | — | $6.8B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.1B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | — | $6.0B | ||
| Q2 24 | — | $5.4B |
股东权益PATHSLM
| Q1 26 | — | $2.4B | ||
| Q4 25 | $1.9B | $2.5B | ||
| Q3 25 | $1.7B | $2.3B | ||
| Q2 25 | $1.7B | $2.4B | ||
| Q1 25 | $1.8B | $2.4B | ||
| Q4 24 | $1.7B | $2.2B | ||
| Q3 24 | $1.8B | $2.1B | ||
| Q2 24 | $2.0B | $2.3B |
总资产PATHSLM
| Q1 26 | — | $29.4B | ||
| Q4 25 | $2.9B | $29.7B | ||
| Q3 25 | $2.6B | $29.6B | ||
| Q2 25 | $2.6B | $29.6B | ||
| Q1 25 | $2.9B | $28.9B | ||
| Q4 24 | $2.7B | $30.1B | ||
| Q3 24 | $2.7B | $30.0B | ||
| Q2 24 | $2.8B | $28.8B |
负债/权益比PATHSLM
| Q1 26 | — | 2.53× | ||
| Q4 25 | — | 2.19× | ||
| Q3 25 | — | 2.92× | ||
| Q2 25 | — | 2.70× | ||
| Q1 25 | — | 2.56× | ||
| Q4 24 | — | 2.98× | ||
| Q3 24 | — | 2.83× | ||
| Q2 24 | — | 2.37× |
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PATHSLM
| Q1 26 | — | — | ||
| Q4 25 | $28.3M | $-64.5M | ||
| Q3 25 | $41.6M | $-49.3M | ||
| Q2 25 | $119.0M | $-138.7M | ||
| Q1 25 | $146.1M | $-146.1M | ||
| Q4 24 | $28.1M | $4.5M | ||
| Q3 24 | $46.4M | $-113.4M | ||
| Q2 24 | $100.0M | $-143.8M |
自由现金流PATHSLM
| Q1 26 | — | — | ||
| 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 | — |
自由现金流率PATHSLM
| Q1 26 | — | — | ||
| 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% | — |
资本支出强度PATHSLM
| Q1 26 | — | — | ||
| 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% | — |
现金转化率PATHSLM
| Q1 26 | — | — | ||
| Q4 25 | 0.14× | -0.28× | ||
| Q3 25 | 26.25× | -0.36× | ||
| Q2 25 | — | -1.95× | ||
| Q1 25 | 2.82× | -0.48× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -0.57× |
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% |
SLM
| Net Interest Income | $375.0M | 67% |
| Noninterest Income | $185.0M | 33% |
