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UiPath, Inc.（PATH）与TIC Solutions, Inc.（TIC）财务数据对比。点击上方公司名可切换其他公司
TIC Solutions, Inc.的季度营收约是UiPath, Inc.的1.2倍（$508.3M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs -9.3%，领先57.7%），TIC Solutions, Inc.自由现金流更多（$37.1M vs $25.1M）
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。
PATH vs TIC — 直观对比
营收规模更大
TIC
是对方的1.2倍
$411.1M
净利率更高
PATH
高出57.7%
-9.3%
自由现金流更多
TIC
多$12.0M
$25.1M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $508.3M |
| 净利润 | $198.8M | $-47.2M |
| 毛利率 | 83.3% | 35.2% |
| 营业利润率 | 3.2% | -3.8% |
| 净利率 | 48.4% | -9.3% |
| 营收同比 | 15.9% | — |
| 净利润同比 | 1966.2% | — |
| 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PATHTIC
| Q4 25 | $411.1M | $508.3M | ||
| Q3 25 | $361.7M | $473.9M | ||
| Q2 25 | $356.6M | $313.9M | ||
| Q1 25 | $423.6M | $234.2M | ||
| Q4 24 | $354.7M | — | ||
| Q3 24 | $316.3M | — | ||
| Q2 24 | $335.1M | — | ||
| Q1 24 | $405.3M | — |
净利润PATHTIC
| Q4 25 | $198.8M | $-47.2M | ||
| Q3 25 | $1.6M | $-13.9M | ||
| Q2 25 | $-22.6M | $-233.0K | ||
| Q1 25 | $51.8M | $-25.8M | ||
| Q4 24 | $-10.7M | — | ||
| Q3 24 | $-86.1M | — | ||
| Q2 24 | $-28.7M | — | ||
| Q1 24 | $33.9M | — |
毛利率PATHTIC
| Q4 25 | 83.3% | 35.2% | ||
| Q3 25 | 82.2% | 32.2% | ||
| Q2 25 | 82.1% | 23.6% | ||
| Q1 25 | 84.8% | 18.6% | ||
| Q4 24 | 82.0% | — | ||
| Q3 24 | 80.0% | — | ||
| Q2 24 | 83.5% | — | ||
| Q1 24 | 86.8% | — |
营业利润率PATHTIC
| Q4 25 | 3.2% | -3.8% | ||
| Q3 25 | -5.6% | -1.4% | ||
| Q2 25 | -4.6% | 5.8% | ||
| Q1 25 | 7.9% | -4.0% | ||
| Q4 24 | -12.2% | — | ||
| Q3 24 | -32.7% | — | ||
| Q2 24 | -14.8% | — | ||
| Q1 24 | 3.7% | — |
净利率PATHTIC
| Q4 25 | 48.4% | -9.3% | ||
| Q3 25 | 0.4% | -2.9% | ||
| Q2 25 | -6.3% | -0.1% | ||
| Q1 25 | 12.2% | -11.0% | ||
| Q4 24 | -3.0% | — | ||
| Q3 24 | -27.2% | — | ||
| Q2 24 | -8.6% | — | ||
| Q1 24 | 8.4% | — |
每股收益（稀释后）PATHTIC
| Q4 25 | $0.37 | — | ||
| Q3 25 | $0.00 | $-0.08 | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $-0.02 | — | ||
| Q3 24 | $-0.15 | — | ||
| Q2 24 | $-0.05 | — | ||
| Q1 24 | $0.07 | — |
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 | $439.5M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $1.9B | $2.2B |
| 总资产 | $2.9B | $4.4B |
| 负债/权益比越低杠杆越低 | — | 0.74× |
8季度趋势，按日历期对齐
现金及短期投资PATHTIC
| Q4 25 | $1.4B | $439.5M | ||
| Q3 25 | $1.4B | $164.4M | ||
| Q2 25 | $1.6B | $130.1M | ||
| Q1 25 | $1.6B | $155.7M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $1.9B | — |
总债务PATHTIC
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $751.3M | ||
| Q1 25 | — | $752.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PATHTIC
| Q4 25 | $1.9B | $2.2B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.8B | $1.1B | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.0B | — |
总资产PATHTIC
| Q4 25 | $2.9B | $4.4B | ||
| Q3 25 | $2.6B | $4.2B | ||
| Q2 25 | $2.6B | $2.2B | ||
| Q1 25 | $2.9B | $2.2B | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $3.0B | — |
负债/权益比PATHTIC
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.67× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $49.7M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | $37.1M |
| 自由现金流率自由现金流/营收 | 6.1% | 7.3% |
| 资本支出强度资本支出/营收 | 0.8% | 2.5% |
| 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 | — | $61.3M |
8季度趋势，按日历期对齐
经营现金流PATHTIC
| Q4 25 | $28.3M | $49.7M | ||
| Q3 25 | $41.6M | $19.0M | ||
| Q2 25 | $119.0M | $-6.5M | ||
| Q1 25 | $146.1M | $32.8M | ||
| Q4 24 | $28.1M | — | ||
| Q3 24 | $46.4M | — | ||
| Q2 24 | $100.0M | — | ||
| Q1 24 | $145.6M | — |
自由现金流PATHTIC
| Q4 25 | $25.1M | $37.1M | ||
| Q3 25 | — | $10.3M | ||
| Q2 25 | $106.2M | $-14.5M | ||
| Q1 25 | $138.7M | $28.3M | ||
| Q4 24 | $23.2M | — | ||
| Q3 24 | $45.0M | — | ||
| Q2 24 | $98.8M | — | ||
| Q1 24 | $141.8M | — |
自由现金流率PATHTIC
| Q4 25 | 6.1% | 7.3% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | 29.8% | -4.6% | ||
| Q1 25 | 32.7% | 12.1% | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | 14.2% | — | ||
| Q2 24 | 29.5% | — | ||
| Q1 24 | 35.0% | — |
资本支出强度PATHTIC
| Q4 25 | 0.8% | 2.5% | ||
| Q3 25 | 0.0% | 1.8% | ||
| Q2 25 | 3.6% | 2.6% | ||
| Q1 25 | 1.7% | 1.9% | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.9% | — |
现金转化率PATHTIC
| Q4 25 | 0.14× | — | ||
| Q3 25 | 26.25× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.82× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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% |
TIC
| Consulting Engineering Segment | $300.1M | 59% |
| Geospatial Segment | $131.3M | 26% |
| Fixed Unit Price Contracts | $54.3M | 11% |
| Other | $22.6M | 4% |
