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UiPath, Inc.（PATH）与SPX Technologies, Inc.（SPXC）财务数据对比。点击上方公司名可切换其他公司
SPX Technologies, Inc.的季度营收约是UiPath, Inc.的1.4倍（$566.8M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 10.6%，领先37.8%），SPX Technologies, Inc.同比增速更快（22.0% vs 15.9%），UiPath, Inc.自由现金流更多（$25.1M vs $11.3M），过去两年SPX Technologies, Inc.的营收复合增速更高（6.3% 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。
SPX Technologies是美国头部制造企业，总部位于北卡罗来纳州夏洛特市，业务布局暖通空调、检测测量、输发电及工程解决方案四大核心领域，产品涵盖冷却塔、锅炉、地下管线定位仪、电力变压器、热交换器等，旗下拥有Waukesha、Dielectric、Genfare等多个知名品牌。
PATH vs SPXC — 直观对比
营收规模更大
SPXC
是对方的1.4倍
$411.1M
营收增速更快
SPXC
高出6.1%
15.9%
净利率更高
PATH
高出37.8%
10.6%
自由现金流更多
PATH
多$13.8M
$11.3M
两年增速更快
SPXC
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $566.8M |
| 净利润 | $198.8M | $59.9M |
| 毛利率 | 83.3% | — |
| 营业利润率 | 3.2% | 15.5% |
| 净利率 | 48.4% | 10.6% |
| 营收同比 | 15.9% | 22.0% |
| 净利润同比 | 1966.2% | 17.0% |
| 每股收益（稀释后） | $0.37 | — |
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PATHSPXC
| Q1 26 | — | $566.8M | ||
| Q4 25 | $411.1M | $637.3M | ||
| Q3 25 | $361.7M | $592.8M | ||
| Q2 25 | $356.6M | $552.4M | ||
| Q1 25 | $423.6M | $482.6M | ||
| Q4 24 | $354.7M | $533.7M | ||
| Q3 24 | $316.3M | $483.7M | ||
| Q2 24 | $335.1M | $501.3M |
净利润PATHSPXC
| Q1 26 | — | $59.9M | ||
| Q4 25 | $198.8M | $77.9M | ||
| Q3 25 | $1.6M | $62.7M | ||
| Q2 25 | $-22.6M | $52.2M | ||
| Q1 25 | $51.8M | $51.2M | ||
| Q4 24 | $-10.7M | $57.1M | ||
| Q3 24 | $-86.1M | $50.2M | ||
| Q2 24 | $-28.7M | $44.2M |
毛利率PATHSPXC
| Q1 26 | — | — | ||
| Q4 25 | 83.3% | 39.8% | ||
| Q3 25 | 82.2% | 40.4% | ||
| Q2 25 | 82.1% | 41.4% | ||
| Q1 25 | 84.8% | 40.6% | ||
| Q4 24 | 82.0% | 40.9% | ||
| Q3 24 | 80.0% | 40.9% | ||
| Q2 24 | 83.5% | 40.1% |
营业利润率PATHSPXC
| Q1 26 | — | 15.5% | ||
| Q4 25 | 3.2% | 15.7% | ||
| Q3 25 | -5.6% | 16.4% | ||
| Q2 25 | -4.6% | 15.7% | ||
| Q1 25 | 7.9% | 13.8% | ||
| Q4 24 | -12.2% | 16.9% | ||
| Q3 24 | -32.7% | 16.3% | ||
| Q2 24 | -14.8% | 14.9% |
净利率PATHSPXC
| Q1 26 | — | 10.6% | ||
| Q4 25 | 48.4% | 12.2% | ||
| Q3 25 | 0.4% | 10.6% | ||
| Q2 25 | -6.3% | 9.4% | ||
| Q1 25 | 12.2% | 10.6% | ||
| Q4 24 | -3.0% | 10.7% | ||
| Q3 24 | -27.2% | 10.4% | ||
| Q2 24 | -8.6% | 8.8% |
每股收益（稀释后）PATHSPXC
| Q1 26 | — | — | ||
| Q4 25 | $0.37 | $1.56 | ||
| Q3 25 | $0.00 | $1.28 | ||
| Q2 25 | $-0.04 | $1.10 | ||
| Q1 25 | $0.09 | $1.09 | ||
| Q4 24 | $-0.02 | $1.21 | ||
| Q3 24 | $-0.15 | $1.06 | ||
| Q2 24 | $-0.05 | $0.94 |
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 | $156.5M |
| 总债务越低越好 | — | $667.3M |
| 股东权益账面价值 | $1.9B | $2.3B |
| 总资产 | $2.9B | $3.9B |
| 负债/权益比越低杠杆越低 | — | 0.29× |
8季度趋势，按日历期对齐
现金及短期投资PATHSPXC
| Q1 26 | — | $156.5M | ||
| Q4 25 | $1.4B | $364.0M | ||
| Q3 25 | $1.4B | $229.4M | ||
| Q2 25 | $1.6B | $132.8M | ||
| Q1 25 | $1.6B | $177.8M | ||
| Q4 24 | $1.6B | $156.9M | ||
| Q3 24 | $1.7B | $124.8M | ||
| Q2 24 | $1.9B | $128.1M |
总债务PATHSPXC
| Q1 26 | — | $667.3M | ||
| Q4 25 | — | $496.7M | ||
| Q3 25 | — | $499.8M | ||
| Q2 25 | — | $950.3M | ||
| Q1 25 | — | $872.0M | ||
| Q4 24 | — | $577.0M | ||
| Q3 24 | — | $665.2M | ||
| Q2 24 | — | $509.9M |
股东权益PATHSPXC
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.9B | $2.2B | ||
| Q3 25 | $1.7B | $2.1B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $1.8B | $1.4B | ||
| Q2 24 | $2.0B | $1.3B |
总资产PATHSPXC
| Q1 26 | — | $3.9B | ||
| Q4 25 | $2.9B | $3.6B | ||
| Q3 25 | $2.6B | $3.4B | ||
| Q2 25 | $2.6B | $3.3B | ||
| Q1 25 | $2.9B | $3.1B | ||
| Q4 24 | $2.7B | $2.7B | ||
| Q3 24 | $2.7B | $2.8B | ||
| Q2 24 | $2.8B | $2.8B |
负债/权益比PATHSPXC
| Q1 26 | — | 0.29× | ||
| Q4 25 | — | 0.22× | ||
| Q3 25 | — | 0.23× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.42× | ||
| Q3 24 | — | 0.49× | ||
| Q2 24 | — | 0.40× |
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 | $11.3M |
| 自由现金流率自由现金流/营收 | 6.1% | 2.0% |
| 资本支出强度资本支出/营收 | 0.8% | 3.3% |
| 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 | — | $268.9M |
8季度趋势，按日历期对齐
经营现金流PATHSPXC
| Q1 26 | — | — | ||
| Q4 25 | $28.3M | $195.2M | ||
| Q3 25 | $41.6M | $106.5M | ||
| Q2 25 | $119.0M | $42.5M | ||
| Q1 25 | $146.1M | $-10.9M | ||
| Q4 24 | $28.1M | $166.5M | ||
| Q3 24 | $46.4M | $51.4M | ||
| Q2 24 | $100.0M | $57.5M |
自由现金流PATHSPXC
| Q1 26 | — | $11.3M | ||
| Q4 25 | $25.1M | $126.7M | ||
| Q3 25 | — | $96.1M | ||
| Q2 25 | $106.2M | $34.8M | ||
| Q1 25 | $138.7M | $-16.4M | ||
| Q4 24 | $23.2M | $156.7M | ||
| Q3 24 | $45.0M | $43.5M | ||
| Q2 24 | $98.8M | $47.1M |
自由现金流率PATHSPXC
| Q1 26 | — | 2.0% | ||
| Q4 25 | 6.1% | 19.9% | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | 29.8% | 6.3% | ||
| Q1 25 | 32.7% | -3.4% | ||
| Q4 24 | 6.5% | 29.4% | ||
| Q3 24 | 14.2% | 9.0% | ||
| Q2 24 | 29.5% | 9.4% |
资本支出强度PATHSPXC
| Q1 26 | — | 3.3% | ||
| Q4 25 | 0.8% | 10.7% | ||
| Q3 25 | 0.0% | 1.8% | ||
| Q2 25 | 3.6% | 1.4% | ||
| Q1 25 | 1.7% | 1.1% | ||
| Q4 24 | 1.4% | 1.8% | ||
| Q3 24 | 0.4% | 1.6% | ||
| Q2 24 | 0.4% | 2.1% |
现金转化率PATHSPXC
| Q1 26 | — | — | ||
| Q4 25 | 0.14× | 2.51× | ||
| Q3 25 | 26.25× | 1.70× | ||
| Q2 25 | — | 0.81× | ||
| Q1 25 | 2.82× | -0.21× | ||
| Q4 24 | — | 2.92× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 1.30× |
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% |
SPXC
暂无分部数据
