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UiPath, Inc.（PATH）与Vestis Corp（VSTS）财务数据对比。点击上方公司名可切换其他公司
Vestis Corp的季度营收约是UiPath, Inc.的1.6倍（$663.4M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs -1.0%，领先49.3%），UiPath, Inc.同比增速更快（15.9% vs -3.0%），Vestis Corp自由现金流更多（$28.3M vs $25.1M），过去两年UiPath, Inc.的营收复合增速更高（0.7% vs -3.0%）
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。
Vestis Corp是北美领先的工作制服、安全防护服饰及配套设施服务供应商，服务覆盖医疗、制造、零售、餐饮住宿、公共服务等多个领域，为企业客户提供定制化的制服租赁、清洁与日常维护解决方案。
PATH vs VSTS — 直观对比
营收规模更大
VSTS
是对方的1.6倍
$411.1M
营收增速更快
PATH
高出18.9%
-3.0%
净利率更高
PATH
高出49.3%
-1.0%
自由现金流更多
VSTS
多$3.2M
$25.1M
两年增速更快
PATH
近两年复合增速
-3.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $663.4M |
| 净利润 | $198.8M | $-6.4M |
| 毛利率 | 83.3% | — |
| 营业利润率 | 3.2% | 2.5% |
| 净利率 | 48.4% | -1.0% |
| 营收同比 | 15.9% | -3.0% |
| 净利润同比 | 1966.2% | -868.1% |
| 每股收益（稀释后） | $0.37 | $-0.05 |
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PATHVSTS
| Q1 26 | — | $663.4M | ||
| Q4 25 | $411.1M | $712.0M | ||
| Q3 25 | $361.7M | — | ||
| Q2 25 | $356.6M | $673.8M | ||
| Q1 25 | $423.6M | $665.2M | ||
| Q4 24 | $354.7M | $683.8M | ||
| Q3 24 | $316.3M | $684.3M | ||
| Q2 24 | $335.1M | $698.2M |
净利润PATHVSTS
| Q1 26 | — | $-6.4M | ||
| Q4 25 | $198.8M | $-12.5M | ||
| Q3 25 | $1.6M | — | ||
| Q2 25 | $-22.6M | $-676.0K | ||
| Q1 25 | $51.8M | $-27.8M | ||
| Q4 24 | $-10.7M | $832.0K | ||
| Q3 24 | $-86.1M | $-2.3M | ||
| Q2 24 | $-28.7M | $5.0M |
毛利率PATHVSTS
| Q1 26 | — | — | ||
| 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% | — |
营业利润率PATHVSTS
| Q1 26 | — | 2.5% | ||
| Q4 25 | 3.2% | 2.5% | ||
| Q3 25 | -5.6% | — | ||
| Q2 25 | -4.6% | 3.7% | ||
| Q1 25 | 7.9% | -1.3% | ||
| Q4 24 | -12.2% | 4.4% | ||
| Q3 24 | -32.7% | 4.4% | ||
| Q2 24 | -14.8% | 5.4% |
净利率PATHVSTS
| Q1 26 | — | -1.0% | ||
| Q4 25 | 48.4% | -1.8% | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | -6.3% | -0.1% | ||
| Q1 25 | 12.2% | -4.2% | ||
| Q4 24 | -3.0% | 0.1% | ||
| Q3 24 | -27.2% | -0.3% | ||
| Q2 24 | -8.6% | 0.7% |
每股收益（稀释后）PATHVSTS
| Q1 26 | — | $-0.05 | ||
| Q4 25 | $0.37 | $-0.10 | ||
| Q3 25 | $0.00 | — | ||
| Q2 25 | $-0.04 | $-0.01 | ||
| Q1 25 | $0.09 | $-0.21 | ||
| Q4 24 | $-0.02 | $0.01 | ||
| Q3 24 | $-0.15 | $-0.02 | ||
| Q2 24 | $-0.05 | $0.04 |
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 | $41.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $864.4M |
| 总资产 | $2.9B | $2.9B |
| 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PATHVSTS
| Q1 26 | — | $41.5M | ||
| Q4 25 | $1.4B | $29.7M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.6B | $23.7M | ||
| Q1 25 | $1.6B | $28.8M | ||
| Q4 24 | $1.6B | $18.6M | ||
| Q3 24 | $1.7B | $31.0M | ||
| Q2 24 | $1.9B | $29.1M |
总债务PATHVSTS
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — |
股东权益PATHVSTS
| Q1 26 | — | $864.4M | ||
| Q4 25 | $1.9B | $865.6M | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | $882.2M | ||
| Q1 25 | $1.8B | $876.3M | ||
| Q4 24 | $1.7B | $899.6M | ||
| Q3 24 | $1.8B | $903.1M | ||
| Q2 24 | $2.0B | $901.2M |
总资产PATHVSTS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $2.9B | $2.9B | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | $2.9B | ||
| Q1 25 | $2.9B | $2.9B | ||
| Q4 24 | $2.7B | $2.9B | ||
| Q3 24 | $2.7B | $2.9B | ||
| Q2 24 | $2.8B | $3.1B |
负债/权益比PATHVSTS
| Q1 26 | — | — | ||
| Q4 25 | — | 1.35× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.29× | ||
| Q2 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 | $37.7M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | $28.3M |
| 自由现金流率自由现金流/营收 | 6.1% | 4.3% |
| 资本支出强度资本支出/营收 | 0.8% | 1.4% |
| 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 | — | $45.0M |
8季度趋势，按日历期对齐
经营现金流PATHVSTS
| Q1 26 | — | $37.7M | ||
| Q4 25 | $28.3M | $30.9M | ||
| Q3 25 | $41.6M | — | ||
| Q2 25 | $119.0M | $22.9M | ||
| Q1 25 | $146.1M | $6.7M | ||
| Q4 24 | $28.1M | $3.8M | ||
| Q3 24 | $46.4M | $295.6M | ||
| Q2 24 | $100.0M | $48.7M |
自由现金流PATHVSTS
| Q1 26 | — | $28.3M | ||
| Q4 25 | $25.1M | $15.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | $106.2M | $8.0M | ||
| Q1 25 | $138.7M | $-6.9M | ||
| Q4 24 | $23.2M | $-11.0M | ||
| Q3 24 | $45.0M | $267.5M | ||
| Q2 24 | $98.8M | $27.7M |
自由现金流率PATHVSTS
| Q1 26 | — | 4.3% | ||
| Q4 25 | 6.1% | 2.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | 29.8% | 1.2% | ||
| Q1 25 | 32.7% | -1.0% | ||
| Q4 24 | 6.5% | -1.6% | ||
| Q3 24 | 14.2% | 39.1% | ||
| Q2 24 | 29.5% | 4.0% |
资本支出强度PATHVSTS
| Q1 26 | — | 1.4% | ||
| Q4 25 | 0.8% | 2.2% | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 3.6% | 2.2% | ||
| Q1 25 | 1.7% | 2.0% | ||
| Q4 24 | 1.4% | 2.2% | ||
| Q3 24 | 0.4% | 4.1% | ||
| Q2 24 | 0.4% | 3.0% |
现金转化率PATHVSTS
| Q1 26 | — | — | ||
| Q4 25 | 0.14× | — | ||
| Q3 25 | 26.25× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.82× | — | ||
| Q4 24 | — | 4.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 9.66× |
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% |
VSTS
| Workplace Supplies | $375.2M | 57% |
| Uniforms | $227.7M | 34% |
| Other | $60.5M | 9% |
