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UiPath, Inc.（PATH）与SSR MINING INC.（SSRM）财务数据对比。点击上方公司名可切换其他公司
SSR MINING INC.的季度营收约是UiPath, Inc.的1.3倍（$521.7M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 34.8%，领先13.6%），SSR MINING INC.同比增速更快（61.4% vs 15.9%），SSR MINING INC.自由现金流更多（$106.4M vs $25.1M），过去两年SSR MINING INC.的营收复合增速更高（50.5% 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。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
PATH vs SSRM — 直观对比
营收规模更大
SSRM
是对方的1.3倍
$411.1M
营收增速更快
SSRM
高出45.5%
15.9%
净利率更高
PATH
高出13.6%
34.8%
自由现金流更多
SSRM
多$81.3M
$25.1M
两年增速更快
SSRM
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $521.7M |
| 净利润 | $198.8M | $181.5M |
| 毛利率 | 83.3% | — |
| 营业利润率 | 3.2% | 38.8% |
| 净利率 | 48.4% | 34.8% |
| 营收同比 | 15.9% | 61.4% |
| 净利润同比 | 1966.2% | 3166.6% |
| 每股收益（稀释后） | $0.37 | $0.84 |
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PATHSSRM
| Q4 25 | $411.1M | $521.7M | ||
| Q3 25 | $361.7M | $385.8M | ||
| Q2 25 | $356.6M | $405.5M | ||
| Q1 25 | $423.6M | $316.6M | ||
| Q4 24 | $354.7M | $323.2M | ||
| Q3 24 | $316.3M | $257.4M | ||
| Q2 24 | $335.1M | $184.8M | ||
| Q1 24 | $405.3M | $230.2M |
净利润PATHSSRM
| Q4 25 | $198.8M | $181.5M | ||
| Q3 25 | $1.6M | $65.4M | ||
| Q2 25 | $-22.6M | $90.1M | ||
| Q1 25 | $51.8M | $58.8M | ||
| Q4 24 | $-10.7M | $5.6M | ||
| Q3 24 | $-86.1M | $10.6M | ||
| Q2 24 | $-28.7M | $9.7M | ||
| Q1 24 | $33.9M | $-287.1M |
毛利率PATHSSRM
| 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% | — | ||
| Q1 24 | 86.8% | — |
营业利润率PATHSSRM
| Q4 25 | 3.2% | 38.8% | ||
| Q3 25 | -5.6% | 21.6% | ||
| Q2 25 | -4.6% | 26.9% | ||
| Q1 25 | 7.9% | 21.1% | ||
| Q4 24 | -12.2% | 10.6% | ||
| Q3 24 | -32.7% | 3.5% | ||
| Q2 24 | -14.8% | 5.8% | ||
| Q1 24 | 3.7% | -163.5% |
净利率PATHSSRM
| Q4 25 | 48.4% | 34.8% | ||
| Q3 25 | 0.4% | 17.0% | ||
| Q2 25 | -6.3% | 22.2% | ||
| Q1 25 | 12.2% | 18.6% | ||
| Q4 24 | -3.0% | 1.7% | ||
| Q3 24 | -27.2% | 4.1% | ||
| Q2 24 | -8.6% | 5.2% | ||
| Q1 24 | 8.4% | -124.7% |
每股收益（稀释后）PATHSSRM
| Q4 25 | $0.37 | $0.84 | ||
| Q3 25 | $0.00 | $0.31 | ||
| Q2 25 | $-0.04 | $0.42 | ||
| Q1 25 | $0.09 | $0.28 | ||
| Q4 24 | $-0.02 | $0.03 | ||
| Q3 24 | $-0.15 | $0.05 | ||
| Q2 24 | $-0.05 | $0.05 | ||
| Q1 24 | $0.07 | $-1.42 |
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 | $575.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $3.5B |
| 总资产 | $2.9B | $6.1B |
| 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PATHSSRM
| Q4 25 | $1.4B | $575.6M | ||
| Q3 25 | $1.4B | $445.4M | ||
| Q2 25 | $1.6B | $438.5M | ||
| Q1 25 | $1.6B | $341.3M | ||
| Q4 24 | $1.6B | $417.3M | ||
| Q3 24 | $1.7B | $365.8M | ||
| Q2 24 | $1.9B | $384.4M | ||
| Q1 24 | $1.9B | $492.0M |
总债务PATHSSRM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $228.6M | ||
| Q3 24 | — | $228.3M | ||
| Q2 24 | — | $228.0M | ||
| Q1 24 | — | $228.7M |
股东权益PATHSSRM
| Q4 25 | $1.9B | $3.5B | ||
| Q3 25 | $1.7B | $3.3B | ||
| Q2 25 | $1.7B | $3.3B | ||
| Q1 25 | $1.8B | $3.2B | ||
| Q4 24 | $1.7B | $3.1B | ||
| Q3 24 | $1.8B | $3.1B | ||
| Q2 24 | $2.0B | $3.1B | ||
| Q1 24 | $2.0B | $3.1B |
总资产PATHSSRM
| Q4 25 | $2.9B | $6.1B | ||
| Q3 25 | $2.6B | $5.9B | ||
| Q2 25 | $2.6B | $5.8B | ||
| Q1 25 | $2.9B | $5.6B | ||
| Q4 24 | $2.7B | $5.2B | ||
| Q3 24 | $2.7B | $5.1B | ||
| Q2 24 | $2.8B | $5.2B | ||
| Q1 24 | $3.0B | $5.3B |
负债/权益比PATHSSRM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.07× | ||
| Q3 24 | — | 0.07× | ||
| Q2 24 | — | 0.07× | ||
| Q1 24 | — | 0.07× |
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 | $172.1M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | $106.4M |
| 自由现金流率自由现金流/营收 | 6.1% | 20.4% |
| 资本支出强度资本支出/营收 | 0.8% | 12.6% |
| 现金转化率经营现金流/净利润 | 0.14× | 0.95× |
| 过去12个月自由现金流最近4个季度 | — | $241.6M |
8季度趋势，按日历期对齐
经营现金流PATHSSRM
| Q4 25 | $28.3M | $172.1M | ||
| Q3 25 | $41.6M | $57.2M | ||
| Q2 25 | $119.0M | $157.8M | ||
| Q1 25 | $146.1M | $84.8M | ||
| Q4 24 | $28.1M | $95.0M | ||
| Q3 24 | $46.4M | $-1.3M | ||
| Q2 24 | $100.0M | $-78.1M | ||
| Q1 24 | $145.6M | $24.6M |
自由现金流PATHSSRM
| Q4 25 | $25.1M | $106.4M | ||
| Q3 25 | — | $-2.4M | ||
| Q2 25 | $106.2M | $98.4M | ||
| Q1 25 | $138.7M | $39.3M | ||
| Q4 24 | $23.2M | $56.4M | ||
| Q3 24 | $45.0M | $-34.1M | ||
| Q2 24 | $98.8M | $-116.3M | ||
| Q1 24 | $141.8M | $-9.4M |
自由现金流率PATHSSRM
| Q4 25 | 6.1% | 20.4% | ||
| Q3 25 | — | -0.6% | ||
| Q2 25 | 29.8% | 24.3% | ||
| Q1 25 | 32.7% | 12.4% | ||
| Q4 24 | 6.5% | 17.5% | ||
| Q3 24 | 14.2% | -13.2% | ||
| Q2 24 | 29.5% | -62.9% | ||
| Q1 24 | 35.0% | -4.1% |
资本支出强度PATHSSRM
| Q4 25 | 0.8% | 12.6% | ||
| Q3 25 | 0.0% | 15.4% | ||
| Q2 25 | 3.6% | 14.7% | ||
| Q1 25 | 1.7% | 14.4% | ||
| Q4 24 | 1.4% | 11.9% | ||
| Q3 24 | 0.4% | 12.7% | ||
| Q2 24 | 0.4% | 20.7% | ||
| Q1 24 | 0.9% | 14.8% |
现金转化率PATHSSRM
| Q4 25 | 0.14× | 0.95× | ||
| Q3 25 | 26.25× | 0.87× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | 2.82× | 1.44× | ||
| Q4 24 | — | 17.10× | ||
| Q3 24 | — | -0.13× | ||
| Q2 24 | — | -8.06× | ||
| 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% |
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
