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UiPath, Inc.（PATH）与Strategic Education, Inc.（STRA）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Strategic Education, Inc.的1.3倍（$411.1M vs $305.9M），UiPath, Inc.净利率更高（48.4% vs 10.7%，领先37.6%），UiPath, Inc.同比增速更快（15.9% vs 0.8%），Strategic Education, Inc.自由现金流更多（$77.3M vs $25.1M），过去两年UiPath, Inc.的营收复合增速更高（0.7% vs -1.0%）
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。
Strategic Education, Inc.（简称SEI）是一家教育服务控股企业，前身为斯特雷尔教育公司。旗下拥有营利性在线院校卡佩拉大学、斯特雷尔大学，还运营着DevMountain、Hackbright学院、Sophia Learning等提供非学位课程的教育机构。
PATH vs STRA — 直观对比
营收规模更大
PATH
是对方的1.3倍
$305.9M
营收增速更快
PATH
高出15.1%
0.8%
净利率更高
PATH
高出37.6%
10.7%
自由现金流更多
STRA
多$52.2M
$25.1M
两年增速更快
PATH
近两年复合增速
-1.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $305.9M |
| 净利润 | $198.8M | $32.8M |
| 毛利率 | 83.3% | — |
| 营业利润率 | 3.2% | 13.4% |
| 净利率 | 48.4% | 10.7% |
| 营收同比 | 15.9% | 0.8% |
| 净利润同比 | 1966.2% | 10.3% |
| 每股收益（稀释后） | $0.37 | $1.48 |
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PATHSTRA
| Q1 26 | — | $305.9M | ||
| Q4 25 | $411.1M | $323.2M | ||
| Q3 25 | $361.7M | $319.9M | ||
| Q2 25 | $356.6M | $321.5M | ||
| Q1 25 | $423.6M | $303.6M | ||
| Q4 24 | $354.7M | $311.5M | ||
| Q3 24 | $316.3M | $306.0M | ||
| Q2 24 | $335.1M | $312.3M |
净利润PATHSTRA
| Q1 26 | — | $32.8M | ||
| Q4 25 | $198.8M | $37.9M | ||
| Q3 25 | $1.6M | $26.6M | ||
| Q2 25 | $-22.6M | $32.3M | ||
| Q1 25 | $51.8M | $29.7M | ||
| Q4 24 | $-10.7M | $25.3M | ||
| Q3 24 | $-86.1M | $27.7M | ||
| Q2 24 | $-28.7M | $29.9M |
毛利率PATHSTRA
| 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PATHSTRA
| Q1 26 | — | 13.4% | ||
| Q4 25 | 3.2% | 16.0% | ||
| Q3 25 | -5.6% | 11.6% | ||
| Q2 25 | -4.6% | 14.2% | ||
| Q1 25 | 7.9% | 13.1% | ||
| Q4 24 | -12.2% | 11.6% | ||
| Q3 24 | -32.7% | 11.9% | ||
| Q2 24 | -14.8% | 13.4% |
净利率PATHSTRA
| Q1 26 | — | 10.7% | ||
| Q4 25 | 48.4% | 11.7% | ||
| Q3 25 | 0.4% | 8.3% | ||
| Q2 25 | -6.3% | 10.1% | ||
| Q1 25 | 12.2% | 9.8% | ||
| Q4 24 | -3.0% | 8.1% | ||
| Q3 24 | -27.2% | 9.1% | ||
| Q2 24 | -8.6% | 9.6% |
每股收益（稀释后）PATHSTRA
| Q1 26 | — | $1.48 | ||
| Q4 25 | $0.37 | $1.65 | ||
| Q3 25 | $0.00 | $1.15 | ||
| Q2 25 | $-0.04 | $1.37 | ||
| Q1 25 | $0.09 | $1.24 | ||
| Q4 24 | $-0.02 | $1.05 | ||
| Q3 24 | $-0.15 | $1.15 | ||
| Q2 24 | $-0.05 | $1.24 |
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 | $150.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $1.6B |
| 总资产 | $2.9B | $2.1B |
| 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PATHSTRA
| Q1 26 | — | $150.3M | ||
| Q4 25 | $1.4B | $148.1M | ||
| Q3 25 | $1.4B | $172.6M | ||
| Q2 25 | $1.6B | $164.9M | ||
| Q1 25 | $1.6B | $182.6M | ||
| Q4 24 | $1.6B | $184.0M | ||
| Q3 24 | $1.7B | $222.1M | ||
| Q2 24 | $1.9B | $256.2M |
股东权益PATHSTRA
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.9B | $1.6B | ||
| Q3 25 | $1.7B | $1.7B | ||
| Q2 25 | $1.7B | $1.7B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $1.8B | $1.7B | ||
| Q2 24 | $2.0B | $1.7B |
总资产PATHSTRA
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.9B | $2.0B | ||
| Q3 25 | $2.6B | $2.1B | ||
| Q2 25 | $2.6B | $2.1B | ||
| Q1 25 | $2.9B | $2.1B | ||
| Q4 24 | $2.7B | $2.0B | ||
| Q3 24 | $2.7B | $2.2B | ||
| Q2 24 | $2.8B | $2.2B |
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 | $87.4M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | $77.3M |
| 自由现金流率自由现金流/营收 | 6.1% | 25.3% |
| 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× | 2.66× |
| 过去12个月自由现金流最近4个季度 | — | $173.9M |
8季度趋势，按日历期对齐
经营现金流PATHSTRA
| Q1 26 | — | $87.4M | ||
| Q4 25 | $28.3M | $39.2M | ||
| Q3 25 | $41.6M | $60.1M | ||
| Q2 25 | $119.0M | $31.2M | ||
| Q1 25 | $146.1M | $67.7M | ||
| Q4 24 | $28.1M | $15.9M | ||
| Q3 24 | $46.4M | $51.5M | ||
| Q2 24 | $100.0M | $24.3M |
自由现金流PATHSTRA
| Q1 26 | — | $77.3M | ||
| Q4 25 | $25.1M | $27.0M | ||
| Q3 25 | — | $49.3M | ||
| Q2 25 | $106.2M | $20.4M | ||
| Q1 25 | $138.7M | $57.3M | ||
| Q4 24 | $23.2M | $4.7M | ||
| Q3 24 | $45.0M | $42.1M | ||
| Q2 24 | $98.8M | $13.6M |
自由现金流率PATHSTRA
| Q1 26 | — | 25.3% | ||
| Q4 25 | 6.1% | 8.3% | ||
| Q3 25 | — | 15.4% | ||
| Q2 25 | 29.8% | 6.3% | ||
| Q1 25 | 32.7% | 18.9% | ||
| Q4 24 | 6.5% | 1.5% | ||
| Q3 24 | 14.2% | 13.8% | ||
| Q2 24 | 29.5% | 4.3% |
资本支出强度PATHSTRA
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 3.8% | ||
| Q3 25 | 0.0% | 3.4% | ||
| Q2 25 | 3.6% | 3.4% | ||
| Q1 25 | 1.7% | 3.4% | ||
| Q4 24 | 1.4% | 3.6% | ||
| Q3 24 | 0.4% | 3.1% | ||
| Q2 24 | 0.4% | 3.4% |
现金转化率PATHSTRA
| Q1 26 | — | 2.66× | ||
| Q4 25 | 0.14× | 1.03× | ||
| Q3 25 | 26.25× | 2.26× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | 2.82× | 2.27× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | — | 0.81× |
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% |
STRA
| U.S. Higher Education | $212.6M | 69% |
| Australia/New Zealand | $51.8M | 17% |
| Education Technology Services | $41.5M | 14% |
