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UiPath, Inc.（PATH）与Texas Pacific Land Corporation（TPL）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Texas Pacific Land Corporation的1.9倍（$411.1M vs $211.6M），Texas Pacific Land Corporation净利率更高（58.3% vs 48.4%，领先9.9%），UiPath, Inc.同比增速更快（15.9% vs 13.9%），过去两年Texas Pacific Land Corporation的营收复合增速更高（10.2% 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。
Texas Pacific Land Corporation（简称TPL）是一家公开上市的不动产运营企业，行政总部位于美国得克萨斯州达拉斯市。公司在得州西部20个郡拥有逾88万英亩（约3600平方公里）土地，是得州规模最大的私人土地所有者之一，前身为得克萨斯太平洋土地信托。
PATH vs TPL — 直观对比
营收规模更大
PATH
是对方的1.9倍
$211.6M
营收增速更快
PATH
高出2.0%
13.9%
净利率更高
TPL
高出9.9%
48.4%
两年增速更快
TPL
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $211.6M |
| 净利润 | $198.8M | $123.3M |
| 毛利率 | 83.3% | — |
| 营业利润率 | 3.2% | 70.5% |
| 净利率 | 48.4% | 58.3% |
| 营收同比 | 15.9% | 13.9% |
| 净利润同比 | 1966.2% | 4.2% |
| 每股收益（稀释后） | $0.37 | $-8.59 |
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PATHTPL
| Q4 25 | $411.1M | $211.6M | ||
| Q3 25 | $361.7M | $203.1M | ||
| Q2 25 | $356.6M | $187.5M | ||
| Q1 25 | $423.6M | $196.0M | ||
| Q4 24 | $354.7M | $185.8M | ||
| Q3 24 | $316.3M | $173.6M | ||
| Q2 24 | $335.1M | $172.3M | ||
| Q1 24 | $405.3M | $174.1M |
净利润PATHTPL
| Q4 25 | $198.8M | $123.3M | ||
| Q3 25 | $1.6M | $121.2M | ||
| Q2 25 | $-22.6M | $116.1M | ||
| Q1 25 | $51.8M | $120.7M | ||
| Q4 24 | $-10.7M | $118.4M | ||
| Q3 24 | $-86.1M | $106.6M | ||
| Q2 24 | $-28.7M | $114.6M | ||
| Q1 24 | $33.9M | $114.4M |
毛利率PATHTPL
| 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% | — | ||
| Q1 24 | 86.8% | — |
营业利润率PATHTPL
| Q4 25 | 3.2% | 70.5% | ||
| Q3 25 | -5.6% | 73.4% | ||
| Q2 25 | -4.6% | 76.6% | ||
| Q1 25 | 7.9% | 76.6% | ||
| Q4 24 | -12.2% | 76.7% | ||
| Q3 24 | -32.7% | 73.4% | ||
| Q2 24 | -14.8% | 77.3% | ||
| Q1 24 | 3.7% | 78.1% |
净利率PATHTPL
| Q4 25 | 48.4% | 58.3% | ||
| Q3 25 | 0.4% | 59.7% | ||
| Q2 25 | -6.3% | 61.9% | ||
| Q1 25 | 12.2% | 61.6% | ||
| Q4 24 | -3.0% | 63.7% | ||
| Q3 24 | -27.2% | 61.4% | ||
| Q2 24 | -8.6% | 66.5% | ||
| Q1 24 | 8.4% | 65.7% |
每股收益（稀释后）PATHTPL
| Q4 25 | $0.37 | $-8.59 | ||
| Q3 25 | $0.00 | $5.27 | ||
| Q2 25 | $-0.04 | $5.05 | ||
| Q1 25 | $0.09 | $5.24 | ||
| Q4 24 | $-0.02 | $5.14 | ||
| Q3 24 | $-0.15 | $4.63 | ||
| Q2 24 | $-0.05 | $4.98 | ||
| Q1 24 | $0.07 | $4.97 |
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 | $144.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $1.5B |
| 总资产 | $2.9B | $1.6B |
| 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PATHTPL
| Q4 25 | $1.4B | $144.8M | ||
| Q3 25 | $1.4B | $531.8M | ||
| Q2 25 | $1.6B | $543.9M | ||
| Q1 25 | $1.6B | $460.4M | ||
| Q4 24 | $1.6B | $369.8M | ||
| Q3 24 | $1.7B | $533.9M | ||
| Q2 24 | $1.9B | $894.7M | ||
| Q1 24 | $1.9B | $837.1M |
股东权益PATHTPL
| Q4 25 | $1.9B | $1.5B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $1.7B | $1.1B | ||
| Q3 24 | $1.8B | $1.1B | ||
| Q2 24 | $2.0B | $1.2B | ||
| Q1 24 | $2.0B | $1.1B |
总资产PATHTPL
| Q4 25 | $2.9B | $1.6B | ||
| Q3 25 | $2.6B | $1.5B | ||
| Q2 25 | $2.6B | $1.4B | ||
| Q1 25 | $2.9B | $1.4B | ||
| Q4 24 | $2.7B | $1.2B | ||
| Q3 24 | $2.7B | $1.2B | ||
| Q2 24 | $2.8B | $1.3B | ||
| Q1 24 | $3.0B | $1.3B |
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 | $113.7M |
| 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× | 0.92× |
| 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PATHTPL
| Q4 25 | $28.3M | $113.7M | ||
| Q3 25 | $41.6M | $154.6M | ||
| Q2 25 | $119.0M | $120.9M | ||
| Q1 25 | $146.1M | $156.7M | ||
| Q4 24 | $28.1M | $126.6M | ||
| Q3 24 | $46.4M | $118.6M | ||
| Q2 24 | $100.0M | $98.3M | ||
| Q1 24 | $145.6M | $147.2M |
自由现金流PATHTPL
| Q4 25 | $25.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $106.2M | — | ||
| Q1 25 | $138.7M | — | ||
| Q4 24 | $23.2M | — | ||
| Q3 24 | $45.0M | — | ||
| Q2 24 | $98.8M | — | ||
| Q1 24 | $141.8M | — |
自由现金流率PATHTPL
| Q4 25 | 6.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 29.8% | — | ||
| Q1 25 | 32.7% | — | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | 14.2% | — | ||
| Q2 24 | 29.5% | — | ||
| Q1 24 | 35.0% | — |
资本支出强度PATHTPL
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.9% | — |
现金转化率PATHTPL
| Q4 25 | 0.14× | 0.92× | ||
| Q3 25 | 26.25× | 1.28× | ||
| Q2 25 | — | 1.04× | ||
| Q1 25 | 2.82× | 1.30× | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | — | 1.11× | ||
| Q2 24 | — | 0.86× | ||
| Q1 24 | 4.29× | 1.29× |
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% |
TPL
| Water Serviceand Operations Segment | $98.2M | 46% |
| Water Sales And Royalties | $60.7M | 29% |
| Produced Water Royalties | $33.5M | 16% |
| Easementand Sundry | $20.6M | 10% |
