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UiPath, Inc.（PATH）与UNIVERSAL TECHNICAL INSTITUTE INC（UTI）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UNIVERSAL TECHNICAL INSTITUTE INC的1.9倍（$411.1M vs $220.8M），UiPath, Inc.净利率更高（48.4% vs 5.8%，领先42.6%），UiPath, Inc.同比增速更快（15.9% vs 9.6%），UiPath, Inc.自由现金流更多（$25.1M vs $-19.2M），过去两年UNIVERSAL TECHNICAL INSTITUTE INC的营收复合增速更高（9.5% 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。
环球技术学院（UTI）是美国的营利性私立技术院校集团，1965年由罗伯特·斯威特创立，专注于提供职业技术类教育课程，培养符合产业需求的技能型人才，在美职业教育领域拥有较长的运营历史与行业经验。
PATH vs UTI — 直观对比
营收规模更大
PATH
是对方的1.9倍
$220.8M
营收增速更快
PATH
高出6.3%
9.6%
净利率更高
PATH
高出42.6%
5.8%
自由现金流更多
PATH
多$44.3M
$-19.2M
两年增速更快
UTI
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $220.8M |
| 净利润 | $198.8M | $12.8M |
| 毛利率 | 83.3% | — |
| 营业利润率 | 3.2% | 7.1% |
| 净利率 | 48.4% | 5.8% |
| 营收同比 | 15.9% | 9.6% |
| 净利润同比 | 1966.2% | -42.1% |
| 每股收益（稀释后） | $0.37 | $0.23 |
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PATHUTI
| Q4 25 | $411.1M | $220.8M | ||
| Q3 25 | $361.7M | $222.4M | ||
| Q2 25 | $356.6M | $204.3M | ||
| Q1 25 | $423.6M | $207.4M | ||
| Q4 24 | $354.7M | $201.4M | ||
| Q3 24 | $316.3M | $196.4M | ||
| Q2 24 | $335.1M | $177.5M | ||
| Q1 24 | $405.3M | $184.2M |
净利润PATHUTI
| Q4 25 | $198.8M | $12.8M | ||
| Q3 25 | $1.6M | $18.8M | ||
| Q2 25 | $-22.6M | $10.7M | ||
| Q1 25 | $51.8M | $11.4M | ||
| Q4 24 | $-10.7M | $22.2M | ||
| Q3 24 | $-86.1M | $18.8M | ||
| Q2 24 | $-28.7M | $5.0M | ||
| Q1 24 | $33.9M | $7.8M |
毛利率PATHUTI
| 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PATHUTI
| Q4 25 | 3.2% | 7.1% | ||
| Q3 25 | -5.6% | 11.2% | ||
| Q2 25 | -4.6% | 6.9% | ||
| Q1 25 | 7.9% | 8.1% | ||
| Q4 24 | -12.2% | 13.6% | ||
| Q3 24 | -32.7% | 13.3% | ||
| Q2 24 | -14.8% | 4.2% | ||
| Q1 24 | 3.7% | 6.1% |
净利率PATHUTI
| Q4 25 | 48.4% | 5.8% | ||
| Q3 25 | 0.4% | 8.4% | ||
| Q2 25 | -6.3% | 5.2% | ||
| Q1 25 | 12.2% | 5.5% | ||
| Q4 24 | -3.0% | 11.0% | ||
| Q3 24 | -27.2% | 9.6% | ||
| Q2 24 | -8.6% | 2.8% | ||
| Q1 24 | 8.4% | 4.2% |
每股收益（稀释后）PATHUTI
| Q4 25 | $0.37 | $0.23 | ||
| Q3 25 | $0.00 | $0.33 | ||
| Q2 25 | $-0.04 | $0.19 | ||
| Q1 25 | $0.09 | $0.21 | ||
| Q4 24 | $-0.02 | $0.40 | ||
| Q3 24 | $-0.15 | $0.35 | ||
| Q2 24 | $-0.05 | $0.09 | ||
| Q1 24 | $0.07 | $0.14 |
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 | $162.8M |
| 总债务越低越好 | — | $101.4M |
| 股东权益账面价值 | $1.9B | $335.9M |
| 总资产 | $2.9B | $834.0M |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资PATHUTI
| Q4 25 | $1.4B | $162.8M | ||
| Q3 25 | $1.4B | $169.1M | ||
| Q2 25 | $1.6B | $70.7M | ||
| Q1 25 | $1.6B | $96.0M | ||
| Q4 24 | $1.6B | $172.0M | ||
| Q3 24 | $1.7B | $161.9M | ||
| Q2 24 | $1.9B | $115.5M | ||
| Q1 24 | $1.9B | $116.1M |
总债务PATHUTI
| Q4 25 | — | $101.4M | ||
| Q3 25 | — | $87.1M | ||
| Q2 25 | — | $73.8M | ||
| Q1 25 | — | $94.4M | ||
| Q4 24 | — | $120.1M | ||
| Q3 24 | — | $125.7M | ||
| Q2 24 | — | $137.3M | ||
| Q1 24 | — | $141.9M |
股东权益PATHUTI
| Q4 25 | $1.9B | $335.9M | ||
| Q3 25 | $1.7B | $328.1M | ||
| Q2 25 | $1.7B | $306.8M | ||
| Q1 25 | $1.8B | $293.9M | ||
| Q4 24 | $1.7B | $280.0M | ||
| Q3 24 | $1.8B | $260.2M | ||
| Q2 24 | $2.0B | $239.4M | ||
| Q1 24 | $2.0B | $232.6M |
总资产PATHUTI
| Q4 25 | $2.9B | $834.0M | ||
| Q3 25 | $2.6B | $826.1M | ||
| Q2 25 | $2.6B | $740.8M | ||
| Q1 25 | $2.9B | $720.4M | ||
| Q4 24 | $2.7B | $753.8M | ||
| Q3 24 | $2.7B | $744.6M | ||
| Q2 24 | $2.8B | $706.0M | ||
| Q1 24 | $3.0B | $702.1M |
负债/权益比PATHUTI
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.61× |
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 | $3.1M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | $-19.2M |
| 自由现金流率自由现金流/营收 | 6.1% | -8.7% |
| 资本支出强度资本支出/营收 | 0.8% | 10.1% |
| 现金转化率经营现金流/净利润 | 0.14× | 0.24× |
| 过去12个月自由现金流最近4个季度 | — | $16.6M |
8季度趋势，按日历期对齐
经营现金流PATHUTI
| Q4 25 | $28.3M | $3.1M | ||
| Q3 25 | $41.6M | $57.1M | ||
| Q2 25 | $119.0M | $18.1M | ||
| Q1 25 | $146.1M | $-789.0K | ||
| Q4 24 | $28.1M | $23.0M | ||
| Q3 24 | $46.4M | $67.5M | ||
| Q2 24 | $100.0M | $10.0M | ||
| Q1 24 | $145.6M | $-2.5M |
自由现金流PATHUTI
| Q4 25 | $25.1M | $-19.2M | ||
| Q3 25 | — | $40.6M | ||
| Q2 25 | $106.2M | $6.8M | ||
| Q1 25 | $138.7M | $-11.7M | ||
| Q4 24 | $23.2M | $19.6M | ||
| Q3 24 | $45.0M | $60.0M | ||
| Q2 24 | $98.8M | $3.0M | ||
| Q1 24 | $141.8M | $-8.4M |
自由现金流率PATHUTI
| Q4 25 | 6.1% | -8.7% | ||
| Q3 25 | — | 18.3% | ||
| Q2 25 | 29.8% | 3.4% | ||
| Q1 25 | 32.7% | -5.7% | ||
| Q4 24 | 6.5% | 9.7% | ||
| Q3 24 | 14.2% | 30.6% | ||
| Q2 24 | 29.5% | 1.7% | ||
| Q1 24 | 35.0% | -4.6% |
资本支出强度PATHUTI
| Q4 25 | 0.8% | 10.1% | ||
| Q3 25 | 0.0% | 7.4% | ||
| Q2 25 | 3.6% | 5.5% | ||
| Q1 25 | 1.7% | 5.3% | ||
| Q4 24 | 1.4% | 1.7% | ||
| Q3 24 | 0.4% | 3.8% | ||
| Q2 24 | 0.4% | 4.0% | ||
| Q1 24 | 0.9% | 3.2% |
现金转化率PATHUTI
| Q4 25 | 0.14× | 0.24× | ||
| Q3 25 | 26.25× | 3.04× | ||
| Q2 25 | — | 1.69× | ||
| Q1 25 | 2.82× | -0.07× | ||
| Q4 24 | — | 1.04× | ||
| Q3 24 | — | 3.58× | ||
| Q2 24 | — | 2.01× | ||
| Q1 24 | 4.29× | -0.32× |
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% |
UTI
| UTI | $142.8M | 65% |
| Concorde | $78.0M | 35% |
