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UiPath, Inc.（PATH）与Walker & Dunlop, Inc.（WD）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Walker & Dunlop, Inc.的1.2倍（$411.1M vs $340.0M），UiPath, Inc.净利率更高（48.4% vs -12.9%，领先61.3%），UiPath, Inc.同比增速更快（15.9% vs -0.4%），UiPath, Inc.自由现金流更多（$25.1M vs $-680.1M），过去两年Walker & Dunlop, Inc.的营收复合增速更高（22.1% 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。
Walker & Dunlop, Inc.是美国乃至全球规模领先的商业地产金融与咨询服务机构，为客户提供覆盖商业地产领域的多元金融解决方案及专业咨询服务，业务辐射全球多个市场，在行业内拥有深厚的资源积累与广泛的市场认可度。
PATH vs WD — 直观对比
营收规模更大
PATH
是对方的1.2倍
$340.0M
营收增速更快
PATH
高出16.3%
-0.4%
净利率更高
PATH
高出61.3%
-12.9%
自由现金流更多
PATH
多$705.2M
$-680.1M
两年增速更快
WD
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $340.0M |
| 净利润 | $198.8M | $-13.9M |
| 毛利率 | 83.3% | — |
| 营业利润率 | 3.2% | -17.2% |
| 净利率 | 48.4% | -12.9% |
| 营收同比 | 15.9% | -0.4% |
| 净利润同比 | 1966.2% | -131.0% |
| 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PATHWD
| Q4 25 | $411.1M | $340.0M | ||
| Q3 25 | $361.7M | $337.7M | ||
| Q2 25 | $356.6M | $319.2M | ||
| Q1 25 | $423.6M | $237.4M | ||
| Q4 24 | $354.7M | $341.5M | ||
| Q3 24 | $316.3M | $292.3M | ||
| Q2 24 | $335.1M | $270.7M | ||
| Q1 24 | $405.3M | $228.1M |
净利润PATHWD
| Q4 25 | $198.8M | $-13.9M | ||
| Q3 25 | $1.6M | $33.5M | ||
| Q2 25 | $-22.6M | $34.0M | ||
| Q1 25 | $51.8M | $2.8M | ||
| Q4 24 | $-10.7M | $44.8M | ||
| Q3 24 | $-86.1M | $28.8M | ||
| Q2 24 | $-28.7M | $22.7M | ||
| Q1 24 | $33.9M | $11.9M |
毛利率PATHWD
| 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PATHWD
| Q4 25 | 3.2% | -17.2% | ||
| Q3 25 | -5.6% | 13.6% | ||
| Q2 25 | -4.6% | 14.5% | ||
| Q1 25 | 7.9% | 2.2% | ||
| Q4 24 | -12.2% | 15.3% | ||
| Q3 24 | -32.7% | 12.8% | ||
| Q2 24 | -14.8% | 10.4% | ||
| Q1 24 | 3.7% | 6.0% |
净利率PATHWD
| Q4 25 | 48.4% | -12.9% | ||
| Q3 25 | 0.4% | 9.9% | ||
| Q2 25 | -6.3% | 10.6% | ||
| Q1 25 | 12.2% | 1.2% | ||
| Q4 24 | -3.0% | 13.1% | ||
| Q3 24 | -27.2% | 9.9% | ||
| Q2 24 | -8.6% | 8.4% | ||
| Q1 24 | 8.4% | 5.2% |
每股收益（稀释后）PATHWD
| Q4 25 | $0.37 | $-0.41 | ||
| Q3 25 | $0.00 | $0.98 | ||
| Q2 25 | $-0.04 | $0.99 | ||
| Q1 25 | $0.09 | $0.08 | ||
| Q4 24 | $-0.02 | $1.32 | ||
| Q3 24 | $-0.15 | $0.85 | ||
| Q2 24 | $-0.05 | $0.67 | ||
| Q1 24 | $0.07 | $0.35 |
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 | $299.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $1.7B |
| 总资产 | $2.9B | $5.1B |
| 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PATHWD
| Q4 25 | $1.4B | $299.3M | ||
| Q3 25 | $1.4B | $274.8M | ||
| Q2 25 | $1.6B | $233.7M | ||
| Q1 25 | $1.6B | $181.0M | ||
| Q4 24 | $1.6B | $279.3M | ||
| Q3 24 | $1.7B | $179.8M | ||
| Q2 24 | $1.9B | $208.1M | ||
| Q1 24 | $1.9B | $216.5M |
股东权益PATHWD
| Q4 25 | $1.9B | $1.7B | ||
| Q3 25 | $1.7B | $1.8B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.8B | $1.7B | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $1.8B | $1.7B | ||
| Q2 24 | $2.0B | $1.7B | ||
| Q1 24 | $2.0B | $1.7B |
总资产PATHWD
| Q4 25 | $2.9B | $5.1B | ||
| Q3 25 | $2.6B | $5.8B | ||
| Q2 25 | $2.6B | $4.7B | ||
| Q1 25 | $2.9B | $4.5B | ||
| Q4 24 | $2.7B | $4.4B | ||
| Q3 24 | $2.7B | $4.6B | ||
| Q2 24 | $2.8B | $4.2B | ||
| Q1 24 | $3.0B | $3.8B |
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 | $-664.3M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | $-680.1M |
| 自由现金流率自由现金流/营收 | 6.1% | -200.0% |
| 资本支出强度资本支出/营收 | 0.8% | 4.6% |
| 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 | — | $-2.2B |
8季度趋势，按日历期对齐
经营现金流PATHWD
| Q4 25 | $28.3M | $-664.3M | ||
| Q3 25 | $41.6M | $-948.1M | ||
| Q2 25 | $119.0M | $-238.5M | ||
| Q1 25 | $146.1M | $-281.1M | ||
| Q4 24 | $28.1M | $129.4M | ||
| Q3 24 | $46.4M | $-202.0M | ||
| Q2 24 | $100.0M | $-237.8M | ||
| Q1 24 | $145.6M | $38.4M |
自由现金流PATHWD
| Q4 25 | $25.1M | $-680.1M | ||
| Q3 25 | — | $-950.4M | ||
| Q2 25 | $106.2M | $-241.0M | ||
| Q1 25 | $138.7M | $-284.7M | ||
| Q4 24 | $23.2M | $116.4M | ||
| Q3 24 | $45.0M | $-204.0M | ||
| Q2 24 | $98.8M | $-241.7M | ||
| Q1 24 | $141.8M | $35.2M |
自由现金流率PATHWD
| Q4 25 | 6.1% | -200.0% | ||
| Q3 25 | — | -281.5% | ||
| Q2 25 | 29.8% | -75.5% | ||
| Q1 25 | 32.7% | -120.0% | ||
| Q4 24 | 6.5% | 34.1% | ||
| Q3 24 | 14.2% | -69.8% | ||
| Q2 24 | 29.5% | -89.3% | ||
| Q1 24 | 35.0% | 15.4% |
资本支出强度PATHWD
| Q4 25 | 0.8% | 4.6% | ||
| Q3 25 | 0.0% | 0.7% | ||
| Q2 25 | 3.6% | 0.8% | ||
| Q1 25 | 1.7% | 1.5% | ||
| Q4 24 | 1.4% | 3.8% | ||
| Q3 24 | 0.4% | 0.7% | ||
| Q2 24 | 0.4% | 1.4% | ||
| Q1 24 | 0.9% | 1.4% |
现金转化率PATHWD
| Q4 25 | 0.14× | — | ||
| Q3 25 | 26.25× | -28.34× | ||
| Q2 25 | — | -7.02× | ||
| Q1 25 | 2.82× | -102.07× | ||
| Q4 24 | — | 2.89× | ||
| Q3 24 | — | -7.01× | ||
| Q2 24 | — | -10.49× | ||
| Q1 24 | 4.29× | 3.24× |
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% |
WD
暂无分部数据
