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UiPath, Inc.（PATH）与Tilray Brands, Inc.（TLRY）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Tilray Brands, Inc.的1.9倍（$411.1M vs $217.5M），UiPath, Inc.净利率更高（48.4% vs -20.7%，领先69.0%），UiPath, Inc.同比增速更快（15.9% vs 3.1%），过去两年Tilray Brands, Inc.的营收复合增速更高（7.5% 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。
Tilray Brands, Inc.是一家美国企业，主营医药、大麻生活方式产品以及包装消费品业务，公司注册于美国，总部坐落于纽约。该公司在加拿大、澳大利亚、新西兰、拉美地区均开展业务，同时在德国和葡萄牙拥有大麻种植基地。
PATH vs TLRY — 直观对比
营收规模更大
PATH
是对方的1.9倍
$217.5M
营收增速更快
PATH
高出12.8%
3.1%
净利率更高
PATH
高出69.0%
-20.7%
两年增速更快
TLRY
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $217.5M |
| 净利润 | $198.8M | $-44.9M |
| 毛利率 | 83.3% | 26.4% |
| 营业利润率 | 3.2% | -10.2% |
| 净利率 | 48.4% | -20.7% |
| 营收同比 | 15.9% | 3.1% |
| 净利润同比 | 1966.2% | 47.4% |
| 每股收益（稀释后） | $0.37 | $-0.41 |
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PATHTLRY
| Q4 25 | $411.1M | $217.5M | ||
| Q3 25 | $361.7M | $209.5M | ||
| Q2 25 | $356.6M | $224.5M | ||
| Q1 25 | $423.6M | $185.8M | ||
| Q4 24 | $354.7M | $210.9M | ||
| Q3 24 | $316.3M | $200.0M | ||
| Q2 24 | $335.1M | $229.9M | ||
| Q1 24 | $405.3M | $188.3M |
净利润PATHTLRY
| Q4 25 | $198.8M | $-44.9M | ||
| Q3 25 | $1.6M | $-322.0K | ||
| Q2 25 | $-22.6M | $-1.3B | ||
| Q1 25 | $51.8M | $-789.4M | ||
| Q4 24 | $-10.7M | $-85.3M | ||
| Q3 24 | $-86.1M | $-39.2M | ||
| Q2 24 | $-28.7M | $-31.7M | ||
| Q1 24 | $33.9M | $-92.7M |
毛利率PATHTLRY
| Q4 25 | 83.3% | 26.4% | ||
| Q3 25 | 82.2% | 27.4% | ||
| Q2 25 | 82.1% | 30.1% | ||
| Q1 25 | 84.8% | 28.0% | ||
| Q4 24 | 82.0% | 29.0% | ||
| Q3 24 | 80.0% | 29.8% | ||
| Q2 24 | 83.5% | 35.8% | ||
| Q1 24 | 86.8% | 26.2% |
营业利润率PATHTLRY
| Q4 25 | 3.2% | -10.2% | ||
| Q3 25 | -5.6% | 1.0% | ||
| Q2 25 | -4.6% | -643.1% | ||
| Q1 25 | 7.9% | -409.0% | ||
| Q4 24 | -12.2% | -20.0% | ||
| Q3 24 | -32.7% | -18.3% | ||
| Q2 24 | -14.8% | -7.2% | ||
| Q1 24 | 3.7% | -43.6% |
净利率PATHTLRY
| Q4 25 | 48.4% | -20.7% | ||
| Q3 25 | 0.4% | -0.2% | ||
| Q2 25 | -6.3% | -566.9% | ||
| Q1 25 | 12.2% | -424.9% | ||
| Q4 24 | -3.0% | -40.5% | ||
| Q3 24 | -27.2% | -19.6% | ||
| Q2 24 | -8.6% | -13.8% | ||
| Q1 24 | 8.4% | -49.2% |
每股收益（稀释后）PATHTLRY
| Q4 25 | $0.37 | $-0.41 | ||
| Q3 25 | $0.00 | $0.00 | ||
| Q2 25 | $-0.04 | $7.26 | ||
| Q1 25 | $0.09 | $-8.69 | ||
| Q4 24 | $-0.02 | $-0.99 | ||
| Q3 24 | $-0.15 | $-0.04 | ||
| Q2 24 | $-0.05 | $-0.04 | ||
| Q1 24 | $0.07 | $-0.12 |
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 | $291.6M |
| 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PATHTLRY
| Q4 25 | $1.4B | $291.6M | ||
| Q3 25 | $1.4B | $264.8M | ||
| Q2 25 | $1.6B | $256.4M | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.6B | $252.2M | ||
| Q3 24 | $1.7B | $280.1M | ||
| Q2 24 | $1.9B | $260.5M | ||
| Q1 24 | $1.9B | $225.9M |
股东权益PATHTLRY
| Q4 25 | $1.9B | $1.6B | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.8B | $2.7B | ||
| Q4 24 | $1.7B | $3.5B | ||
| Q3 24 | $1.8B | $3.5B | ||
| Q2 24 | $2.0B | $3.4B | ||
| Q1 24 | $2.0B | $3.4B |
总资产PATHTLRY
| Q4 25 | $2.9B | $2.1B | ||
| Q3 25 | $2.6B | $2.1B | ||
| Q2 25 | $2.6B | $2.1B | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $2.7B | $4.2B | ||
| Q3 24 | $2.7B | $4.3B | ||
| Q2 24 | $2.8B | $4.2B | ||
| Q1 24 | $3.0B | $4.2B |
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 | $-8.5M |
| 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PATHTLRY
| Q4 25 | $28.3M | $-8.5M | ||
| Q3 25 | $41.6M | $-1.3M | ||
| Q2 25 | $119.0M | $-12.8M | ||
| Q1 25 | $146.1M | $-5.8M | ||
| Q4 24 | $28.1M | $-40.7M | ||
| Q3 24 | $46.4M | $-35.3M | ||
| Q2 24 | $100.0M | $30.7M | ||
| Q1 24 | $145.6M | $-15.4M |
自由现金流PATHTLRY
| Q4 25 | $25.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $106.2M | $-19.1M | ||
| Q1 25 | $138.7M | $-20.2M | ||
| Q4 24 | $23.2M | $-46.2M | ||
| Q3 24 | $45.0M | $-42.0M | ||
| Q2 24 | $98.8M | $21.0M | ||
| Q1 24 | $141.8M | $-24.9M |
自由现金流率PATHTLRY
| Q4 25 | 6.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 29.8% | -8.5% | ||
| Q1 25 | 32.7% | -10.9% | ||
| Q4 24 | 6.5% | -21.9% | ||
| Q3 24 | 14.2% | -21.0% | ||
| Q2 24 | 29.5% | 9.1% | ||
| Q1 24 | 35.0% | -13.2% |
资本支出强度PATHTLRY
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 3.6% | 2.8% | ||
| Q1 25 | 1.7% | 7.8% | ||
| Q4 24 | 1.4% | 2.6% | ||
| Q3 24 | 0.4% | 3.4% | ||
| Q2 24 | 0.4% | 4.2% | ||
| Q1 24 | 0.9% | 5.1% |
现金转化率PATHTLRY
| 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% |
TLRY
| Adultuse Cannabis Products | $62.4M | 29% |
| Other | $59.2M | 27% |
| Beverage Alcohol Business | $53.6M | 25% |
| International Cannabis Products | $20.2M | 9% |
| Wellness Business | $14.6M | 7% |
| Medical Cannabis Products | $6.2M | 3% |
| Wholesale Cannabis Products | $1.3M | 1% |
