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UiPath, Inc.（PATH）与Tecnoglass Inc.（TGLS）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Tecnoglass Inc.的1.7倍（$411.1M vs $245.3M），UiPath, Inc.净利率更高（48.4% vs 10.6%，领先37.7%），UiPath, Inc.同比增速更快（15.9% vs 2.4%），UiPath, Inc.自由现金流更多（$25.1M vs $11.4M），过去两年Tecnoglass Inc.的营收复合增速更高（12.8% 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。
Tecnoglass Inc.是一家领先的建筑玻璃、铝制门窗及相关建材生产商，主要服务北美及拉美地区的住宅和商业建筑领域，为新建及翻新项目提供定制化、高能效的建筑解决方案。
PATH vs TGLS — 直观对比
营收规模更大
PATH
是对方的1.7倍
$245.3M
营收增速更快
PATH
高出13.5%
2.4%
净利率更高
PATH
高出37.7%
10.6%
自由现金流更多
PATH
多$13.7M
$11.4M
两年增速更快
TGLS
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $245.3M |
| 净利润 | $198.8M | $26.1M |
| 毛利率 | 83.3% | 40.0% |
| 营业利润率 | 3.2% | 18.3% |
| 净利率 | 48.4% | 10.6% |
| 营收同比 | 15.9% | 2.4% |
| 净利润同比 | 1966.2% | -44.5% |
| 每股收益（稀释后） | $0.37 | $0.57 |
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PATHTGLS
| Q4 25 | $411.1M | $245.3M | ||
| Q3 25 | $361.7M | $260.5M | ||
| Q2 25 | $356.6M | $255.5M | ||
| Q1 25 | $423.6M | $222.3M | ||
| Q4 24 | $354.7M | $239.6M | ||
| Q3 24 | $316.3M | $238.3M | ||
| Q2 24 | $335.1M | $219.7M | ||
| Q1 24 | $405.3M | $192.6M |
净利润PATHTGLS
| Q4 25 | $198.8M | $26.1M | ||
| Q3 25 | $1.6M | $47.2M | ||
| Q2 25 | $-22.6M | $44.1M | ||
| Q1 25 | $51.8M | $42.2M | ||
| Q4 24 | $-10.7M | $47.0M | ||
| Q3 24 | $-86.1M | $49.5M | ||
| Q2 24 | $-28.7M | $35.0M | ||
| Q1 24 | $33.9M | $29.7M |
毛利率PATHTGLS
| Q4 25 | 83.3% | 40.0% | ||
| Q3 25 | 82.2% | 42.7% | ||
| Q2 25 | 82.1% | 44.7% | ||
| Q1 25 | 84.8% | 43.9% | ||
| Q4 24 | 82.0% | 44.5% | ||
| Q3 24 | 80.0% | 45.8% | ||
| Q2 24 | 83.5% | 40.8% | ||
| Q1 24 | 86.8% | 38.8% |
营业利润率PATHTGLS
| Q4 25 | 3.2% | 18.3% | ||
| Q3 25 | -5.6% | 25.1% | ||
| Q2 25 | -4.6% | 24.0% | ||
| Q1 25 | 7.9% | 26.7% | ||
| Q4 24 | -12.2% | 28.0% | ||
| Q3 24 | -32.7% | 28.4% | ||
| Q2 24 | -14.8% | 23.3% | ||
| Q1 24 | 3.7% | 21.3% |
净利率PATHTGLS
| Q4 25 | 48.4% | 10.6% | ||
| Q3 25 | 0.4% | 18.1% | ||
| Q2 25 | -6.3% | 17.3% | ||
| Q1 25 | 12.2% | 19.0% | ||
| Q4 24 | -3.0% | 19.6% | ||
| Q3 24 | -27.2% | 20.8% | ||
| Q2 24 | -8.6% | 15.9% | ||
| Q1 24 | 8.4% | 15.4% |
每股收益（稀释后）PATHTGLS
| Q4 25 | $0.37 | $0.57 | ||
| Q3 25 | $0.00 | $1.01 | ||
| Q2 25 | $-0.04 | $0.94 | ||
| Q1 25 | $0.09 | $0.90 | ||
| Q4 24 | $-0.02 | $1.00 | ||
| Q3 24 | $-0.15 | $1.05 | ||
| Q2 24 | $-0.05 | $0.75 | ||
| Q1 24 | $0.07 | $0.63 |
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 | $104.1M |
| 总债务越低越好 | — | $174.4M |
| 股东权益账面价值 | $1.9B | $713.1M |
| 总资产 | $2.9B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资PATHTGLS
| Q4 25 | $1.4B | $104.1M | ||
| Q3 25 | $1.4B | $127.1M | ||
| Q2 25 | $1.6B | $140.9M | ||
| Q1 25 | $1.6B | $160.2M | ||
| Q4 24 | $1.6B | $137.5M | ||
| Q3 24 | $1.7B | $124.8M | ||
| Q2 24 | $1.9B | $129.5M | ||
| Q1 24 | $1.9B | $138.8M |
总债务PATHTGLS
| Q4 25 | — | $174.4M | ||
| Q3 25 | — | $114.7M | ||
| Q2 25 | — | $110.6M | ||
| Q1 25 | — | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M | ||
| Q1 24 | — | $160.9M |
股东权益PATHTGLS
| Q4 25 | $1.9B | $713.1M | ||
| Q3 25 | $1.7B | $764.0M | ||
| Q2 25 | $1.7B | $736.0M | ||
| Q1 25 | $1.8B | $685.1M | ||
| Q4 24 | $1.7B | $631.2M | ||
| Q3 24 | $1.8B | $613.3M | ||
| Q2 24 | $2.0B | $574.8M | ||
| Q1 24 | $2.0B | $573.6M |
总资产PATHTGLS
| Q4 25 | $2.9B | $1.3B | ||
| Q3 25 | $2.6B | $1.2B | ||
| Q2 25 | $2.6B | $1.2B | ||
| Q1 25 | $2.9B | $1.1B | ||
| Q4 24 | $2.7B | $1.0B | ||
| Q3 24 | $2.7B | $996.3M | ||
| Q2 24 | $2.8B | $942.5M | ||
| Q1 24 | $3.0B | $981.6M |
负债/权益比PATHTGLS
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× | ||
| Q1 24 | — | 0.28× |
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 | $31.0M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | $11.4M |
| 自由现金流率自由现金流/营收 | 6.1% | 4.7% |
| 资本支出强度资本支出/营收 | 0.8% | 8.0% |
| 现金转化率经营现金流/净利润 | 0.14× | 1.19× |
| 过去12个月自由现金流最近4个季度 | — | $34.5M |
8季度趋势，按日历期对齐
经营现金流PATHTGLS
| Q4 25 | $28.3M | $31.0M | ||
| Q3 25 | $41.6M | $40.0M | ||
| Q2 25 | $119.0M | $17.9M | ||
| Q1 25 | $146.1M | $46.9M | ||
| Q4 24 | $28.1M | $61.1M | ||
| Q3 24 | $46.4M | $41.5M | ||
| Q2 24 | $100.0M | $34.5M | ||
| Q1 24 | $145.6M | $33.4M |
自由现金流PATHTGLS
| Q4 25 | $25.1M | $11.4M | ||
| Q3 25 | — | $21.2M | ||
| Q2 25 | $106.2M | $-14.7M | ||
| Q1 25 | $138.7M | $16.5M | ||
| Q4 24 | $23.2M | $35.4M | ||
| Q3 24 | $45.0M | $17.8M | ||
| Q2 24 | $98.8M | $14.2M | ||
| Q1 24 | $141.8M | $23.6M |
自由现金流率PATHTGLS
| Q4 25 | 6.1% | 4.7% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | 29.8% | -5.7% | ||
| Q1 25 | 32.7% | 7.4% | ||
| Q4 24 | 6.5% | 14.8% | ||
| Q3 24 | 14.2% | 7.5% | ||
| Q2 24 | 29.5% | 6.5% | ||
| Q1 24 | 35.0% | 12.2% |
资本支出强度PATHTGLS
| Q4 25 | 0.8% | 8.0% | ||
| Q3 25 | 0.0% | 7.2% | ||
| Q2 25 | 3.6% | 12.7% | ||
| Q1 25 | 1.7% | 13.7% | ||
| Q4 24 | 1.4% | 10.7% | ||
| Q3 24 | 0.4% | 9.9% | ||
| Q2 24 | 0.4% | 9.2% | ||
| Q1 24 | 0.9% | 5.1% |
现金转化率PATHTGLS
| Q4 25 | 0.14× | 1.19× | ||
| Q3 25 | 26.25× | 0.85× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | 2.82× | 1.11× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | — | 0.98× | ||
| Q1 24 | 4.29× | 1.13× |
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% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
