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UiPath, Inc.（PATH）与STEWART INFORMATION SERVICES CORP（STC）财务数据对比。点击上方公司名可切换其他公司
STEWART INFORMATION SERVICES CORP的季度营收约是UiPath, Inc.的1.9倍（$764.6M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 2.2%，领先46.1%），STEWART INFORMATION SERVICES CORP同比增速更快（27.7% vs 15.9%），过去两年STEWART INFORMATION SERVICES CORP的营收复合增速更高（12.7% 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。
斯图尔特信息服务公司（STC）是一家主营房地产信息、产权保险及交易管理服务的企业，旗下全资子公司斯图尔特产权担保公司、斯图尔特产权公司通过直营网点、斯图尔特可信供应商网络内的独立代理机构及合作企业，为美国及全球市场提供相关产品与服务，总部位于得克萨斯州休斯敦，现有员工约6350人。
PATH vs STC — 直观对比
营收规模更大
STC
是对方的1.9倍
$411.1M
营收增速更快
STC
高出11.7%
15.9%
净利率更高
PATH
高出46.1%
2.2%
两年增速更快
STC
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $764.6M |
| 净利润 | $198.8M | $17.0M |
| 毛利率 | 83.3% | — |
| 营业利润率 | 3.2% | — |
| 净利率 | 48.4% | 2.2% |
| 营收同比 | 15.9% | 27.7% |
| 净利润同比 | 1966.2% | 448.4% |
| 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PATHSTC
| Q1 26 | — | $764.6M | ||
| Q4 25 | $411.1M | $790.6M | ||
| Q3 25 | $361.7M | $796.9M | ||
| Q2 25 | $356.6M | $722.2M | ||
| Q1 25 | $423.6M | $612.0M | ||
| Q4 24 | $354.7M | $665.9M | ||
| Q3 24 | $316.3M | $667.9M | ||
| Q2 24 | $335.1M | $602.2M |
净利润PATHSTC
| Q1 26 | — | $17.0M | ||
| Q4 25 | $198.8M | $36.3M | ||
| Q3 25 | $1.6M | $44.3M | ||
| Q2 25 | $-22.6M | $31.9M | ||
| Q1 25 | $51.8M | $3.1M | ||
| Q4 24 | $-10.7M | $22.7M | ||
| Q3 24 | $-86.1M | $30.1M | ||
| Q2 24 | $-28.7M | $17.3M |
毛利率PATHSTC
| 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PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | 3.2% | 6.5% | ||
| Q3 25 | -5.6% | 7.7% | ||
| Q2 25 | -4.6% | 6.5% | ||
| Q1 25 | 7.9% | 1.0% | ||
| Q4 24 | -12.2% | 5.3% | ||
| Q3 24 | -32.7% | 6.4% | ||
| Q2 24 | -14.8% | 4.8% |
净利率PATHSTC
| Q1 26 | — | 2.2% | ||
| Q4 25 | 48.4% | 4.6% | ||
| Q3 25 | 0.4% | 5.6% | ||
| Q2 25 | -6.3% | 4.4% | ||
| Q1 25 | 12.2% | 0.5% | ||
| Q4 24 | -3.0% | 3.4% | ||
| Q3 24 | -27.2% | 4.5% | ||
| Q2 24 | -8.6% | 2.9% |
每股收益（稀释后）PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | $0.37 | $1.26 | ||
| Q3 25 | $0.00 | $1.55 | ||
| Q2 25 | $-0.04 | $1.13 | ||
| Q1 25 | $0.09 | $0.11 | ||
| Q4 24 | $-0.02 | $0.81 | ||
| Q3 24 | $-0.15 | $1.07 | ||
| Q2 24 | $-0.05 | $0.62 |
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 | $317.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | — |
| 总资产 | $2.9B | — |
| 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PATHSTC
| Q1 26 | — | $317.5M | ||
| Q4 25 | $1.4B | $369.7M | ||
| Q3 25 | $1.4B | $233.2M | ||
| Q2 25 | $1.6B | $223.8M | ||
| Q1 25 | $1.6B | $194.2M | ||
| Q4 24 | $1.6B | $257.5M | ||
| Q3 24 | $1.7B | $228.7M | ||
| Q2 24 | $1.9B | $176.7M |
总债务PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $445.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $1.6B | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.7B | $1.4B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $1.8B | $1.4B | ||
| Q2 24 | $2.0B | $1.4B |
总资产PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $3.3B | ||
| Q3 25 | $2.6B | $2.8B | ||
| Q2 25 | $2.6B | $2.8B | ||
| Q1 25 | $2.9B | $2.7B | ||
| Q4 24 | $2.7B | $2.7B | ||
| Q3 24 | $2.7B | $2.7B | ||
| Q2 24 | $2.8B | $2.6B |
负债/权益比PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 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PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | $28.3M | $89.5M | ||
| Q3 25 | $41.6M | $92.6M | ||
| Q2 25 | $119.0M | $53.4M | ||
| Q1 25 | $146.1M | $-29.9M | ||
| Q4 24 | $28.1M | $68.0M | ||
| Q3 24 | $46.4M | $76.1M | ||
| Q2 24 | $100.0M | $21.1M |
自由现金流PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | $25.1M | $62.3M | ||
| Q3 25 | — | $73.6M | ||
| Q2 25 | $106.2M | $38.7M | ||
| Q1 25 | $138.7M | $-42.2M | ||
| Q4 24 | $23.2M | $55.6M | ||
| Q3 24 | $45.0M | $67.4M | ||
| Q2 24 | $98.8M | $11.9M |
自由现金流率PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | 6.1% | 7.9% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | 29.8% | 5.4% | ||
| Q1 25 | 32.7% | -6.9% | ||
| Q4 24 | 6.5% | 8.4% | ||
| Q3 24 | 14.2% | 10.1% | ||
| Q2 24 | 29.5% | 2.0% |
资本支出强度PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 3.4% | ||
| Q3 25 | 0.0% | 2.4% | ||
| Q2 25 | 3.6% | 2.0% | ||
| Q1 25 | 1.7% | 2.0% | ||
| Q4 24 | 1.4% | 1.9% | ||
| Q3 24 | 0.4% | 1.3% | ||
| Q2 24 | 0.4% | 1.5% |
现金转化率PATHSTC
| Q1 26 | — | — | ||
| Q4 25 | 0.14× | 2.47× | ||
| Q3 25 | 26.25× | 2.09× | ||
| Q2 25 | — | 1.67× | ||
| Q1 25 | 2.82× | -9.73× | ||
| Q4 24 | — | 2.99× | ||
| Q3 24 | — | 2.53× | ||
| Q2 24 | — | 1.22× |
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% |
STC
| Agency title | $333.0M | 44% |
| Direct title | $270.2M | 35% |
| Real estate solutions | $161.4M | 21% |
