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UiPath, Inc.（PATH）与SPORTSMAN'S WAREHOUSE HOLDINGS, INC.（SPWH）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SPORTSMAN'S WAREHOUSE HOLDINGS, INC.的1.2倍（$411.1M vs $331.3M），UiPath, Inc.净利率更高（48.4% vs 0.0%，领先48.4%），UiPath, Inc.同比增速更快（15.9% vs 2.2%），UiPath, Inc.自由现金流更多（$25.1M vs $8.7M），过去两年UiPath, Inc.的营收复合增速更高（0.7% vs -5.4%）
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。
运动员仓库控股（Sportsman's Warehouse）是美国户外体育用品零售商，门店遍布全美29个州，主要面向狩猎、射击、露营、垂钓等各类户外休闲运动爱好者，销售户外服饰、鞋履及专业运动装备。
PATH vs SPWH — 直观对比
营收规模更大
PATH
是对方的1.2倍
$331.3M
营收增速更快
PATH
高出13.7%
2.2%
净利率更高
PATH
高出48.4%
0.0%
自由现金流更多
PATH
多$16.4M
$8.7M
两年增速更快
PATH
近两年复合增速
-5.4%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $331.3M |
| 净利润 | $198.8M | $8.0K |
| 毛利率 | 83.3% | 32.8% |
| 营业利润率 | 3.2% | 1.3% |
| 净利率 | 48.4% | 0.0% |
| 营收同比 | 15.9% | 2.2% |
| 净利润同比 | 1966.2% | -97.8% |
| 每股收益（稀释后） | $0.37 | $0.00 |
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PATHSPWH
| Q4 25 | $411.1M | $331.3M | ||
| Q3 25 | $361.7M | $293.9M | ||
| Q2 25 | $356.6M | $249.1M | ||
| Q1 25 | $423.6M | $340.4M | ||
| Q4 24 | $354.7M | $324.3M | ||
| Q3 24 | $316.3M | $288.7M | ||
| Q2 24 | $335.1M | $244.2M | ||
| Q1 24 | $405.3M | $370.4M |
净利润PATHSPWH
| Q4 25 | $198.8M | $8.0K | ||
| Q3 25 | $1.6M | $-7.1M | ||
| Q2 25 | $-22.6M | $-21.3M | ||
| Q1 25 | $51.8M | $-8.7M | ||
| Q4 24 | $-10.7M | $-364.0K | ||
| Q3 24 | $-86.1M | $-5.9M | ||
| Q2 24 | $-28.7M | $-18.1M | ||
| Q1 24 | $33.9M | $-8.7M |
毛利率PATHSPWH
| Q4 25 | 83.3% | 32.8% | ||
| Q3 25 | 82.2% | 32.0% | ||
| Q2 25 | 82.1% | 30.4% | ||
| Q1 25 | 84.8% | 30.4% | ||
| Q4 24 | 82.0% | 31.8% | ||
| Q3 24 | 80.0% | 31.2% | ||
| Q2 24 | 83.5% | 30.2% | ||
| Q1 24 | 86.8% | 26.8% |
营业利润率PATHSPWH
| Q4 25 | 3.2% | 1.3% | ||
| Q3 25 | -5.6% | -1.1% | ||
| Q2 25 | -4.6% | -7.9% | ||
| Q1 25 | 7.9% | 1.1% | ||
| Q4 24 | -12.2% | 1.0% | ||
| Q3 24 | -32.7% | -1.5% | ||
| Q2 24 | -14.8% | -8.4% | ||
| Q1 24 | 3.7% | -2.1% |
净利率PATHSPWH
| Q4 25 | 48.4% | 0.0% | ||
| Q3 25 | 0.4% | -2.4% | ||
| Q2 25 | -6.3% | -8.5% | ||
| Q1 25 | 12.2% | -2.6% | ||
| Q4 24 | -3.0% | -0.1% | ||
| Q3 24 | -27.2% | -2.0% | ||
| Q2 24 | -8.6% | -7.4% | ||
| Q1 24 | 8.4% | -2.4% |
每股收益（稀释后）PATHSPWH
| Q4 25 | $0.37 | $0.00 | ||
| Q3 25 | $0.00 | $-0.18 | ||
| Q2 25 | $-0.04 | $-0.56 | ||
| Q1 25 | $0.09 | $-0.22 | ||
| Q4 24 | $-0.02 | $-0.01 | ||
| Q3 24 | $-0.15 | $-0.16 | ||
| Q2 24 | $-0.05 | $-0.48 | ||
| Q1 24 | $0.07 | $-0.22 |
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 | $2.2M |
| 总债务越低越好 | — | $44.0M |
| 股东权益账面价值 | $1.9B | $209.5M |
| 总资产 | $2.9B | $913.9M |
| 负债/权益比越低杠杆越低 | — | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资PATHSPWH
| Q4 25 | $1.4B | $2.2M | ||
| Q3 25 | $1.4B | $1.8M | ||
| Q2 25 | $1.6B | $3.6M | ||
| Q1 25 | $1.6B | $2.8M | ||
| Q4 24 | $1.6B | $2.7M | ||
| Q3 24 | $1.7B | $2.6M | ||
| Q2 24 | $1.9B | $2.2M | ||
| Q1 24 | $1.9B | $3.1M |
总债务PATHSPWH
| Q4 25 | — | $44.0M | ||
| Q3 25 | — | $43.9M | ||
| Q2 25 | — | $24.1M | ||
| Q1 25 | — | $24.1M | ||
| Q4 24 | — | $24.0M | ||
| Q3 24 | — | $24.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PATHSPWH
| Q4 25 | $1.9B | $209.5M | ||
| Q3 25 | $1.7B | $208.9M | ||
| Q2 25 | $1.7B | $215.1M | ||
| Q1 25 | $1.8B | $235.7M | ||
| Q4 24 | $1.7B | $243.6M | ||
| Q3 24 | $1.8B | $243.0M | ||
| Q2 24 | $2.0B | $247.5M | ||
| Q1 24 | $2.0B | $264.6M |
总资产PATHSPWH
| Q4 25 | $2.9B | $913.9M | ||
| Q3 25 | $2.6B | $948.9M | ||
| Q2 25 | $2.6B | $929.7M | ||
| Q1 25 | $2.9B | $852.1M | ||
| Q4 24 | $2.7B | $967.7M | ||
| Q3 24 | $2.7B | $901.9M | ||
| Q2 24 | $2.8B | $930.4M | ||
| Q1 24 | $3.0B | $886.2M |
负债/权益比PATHSPWH
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | 0.10× | ||
| Q2 24 | — | — | ||
| 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 | $16.3M |
| 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% | 2.6% |
| 资本支出强度资本支出/营收 | 0.8% | 2.3% |
| 现金转化率经营现金流/净利润 | 0.14× | 2038.00× |
| 过去12个月自由现金流最近4个季度 | — | $-39.7M |
8季度趋势，按日历期对齐
经营现金流PATHSPWH
| Q4 25 | $28.3M | $16.3M | ||
| Q3 25 | $41.6M | $-26.6M | ||
| Q2 25 | $119.0M | $-60.2M | ||
| Q1 25 | $146.1M | $52.8M | ||
| Q4 24 | $28.1M | $-2.5M | ||
| Q3 24 | $46.4M | $18.5M | ||
| Q2 24 | $100.0M | $-34.6M | ||
| Q1 24 | $145.6M | $68.9M |
自由现金流PATHSPWH
| Q4 25 | $25.1M | $8.7M | ||
| Q3 25 | — | $-33.9M | ||
| Q2 25 | $106.2M | $-64.0M | ||
| Q1 25 | $138.7M | $49.6M | ||
| Q4 24 | $23.2M | $-6.2M | ||
| Q3 24 | $45.0M | $14.1M | ||
| Q2 24 | $98.8M | $-38.0M | ||
| Q1 24 | $141.8M | $60.2M |
自由现金流率PATHSPWH
| Q4 25 | 6.1% | 2.6% | ||
| Q3 25 | — | -11.5% | ||
| Q2 25 | 29.8% | -25.7% | ||
| Q1 25 | 32.7% | 14.6% | ||
| Q4 24 | 6.5% | -1.9% | ||
| Q3 24 | 14.2% | 4.9% | ||
| Q2 24 | 29.5% | -15.5% | ||
| Q1 24 | 35.0% | 16.2% |
资本支出强度PATHSPWH
| Q4 25 | 0.8% | 2.3% | ||
| Q3 25 | 0.0% | 2.5% | ||
| Q2 25 | 3.6% | 1.5% | ||
| Q1 25 | 1.7% | 1.0% | ||
| Q4 24 | 1.4% | 1.1% | ||
| Q3 24 | 0.4% | 1.5% | ||
| Q2 24 | 0.4% | 1.4% | ||
| Q1 24 | 0.9% | 2.4% |
现金转化率PATHSPWH
| Q4 25 | 0.14× | 2038.00× | ||
| Q3 25 | 26.25× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.82× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 4.29× | — |
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% |
SPWH
暂无分部数据
