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UiPath, Inc.（PATH）与ADVANCED DRAINAGE SYSTEMS, INC.（WMS）财务数据对比。点击上方公司名可切换其他公司
ADVANCED DRAINAGE SYSTEMS, INC.的季度营收约是UiPath, Inc.的1.7倍（$693.4M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 13.5%，领先34.9%），UiPath, Inc.同比增速更快（15.9% vs 0.4%），ADVANCED DRAINAGE SYSTEMS, INC.自由现金流更多（$183.6M vs $25.1M），过去两年ADVANCED DRAINAGE SYSTEMS, INC.的营收复合增速更高（3.0% 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。
Advanced Drainage Systems（简称ADS）是一家美国企业，主营聚丙烯、聚乙烯管材，塑料渗滤场系统、化粪池及配套配件、雨水调蓄设施、PVC排水构件、管件、水过滤与分离设备的设计、生产及销售，是美国规模最大的高密度聚乙烯管道生产商，总部位于俄亥俄州希利厄德。
PATH vs WMS — 直观对比
营收规模更大
WMS
是对方的1.7倍
$411.1M
营收增速更快
PATH
高出15.5%
0.4%
净利率更高
PATH
高出34.9%
13.5%
自由现金流更多
WMS
多$158.5M
$25.1M
两年增速更快
WMS
近两年复合增速
0.7%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.1M | $693.4M |
| 净利润 | $198.8M | $93.6M |
| 毛利率 | 83.3% | 37.4% |
| 营业利润率 | 3.2% | 19.7% |
| 净利率 | 48.4% | 13.5% |
| 营收同比 | 15.9% | 0.4% |
| 净利润同比 | 1966.2% | 15.3% |
| 每股收益（稀释后） | $0.37 | $1.19 |
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PATHWMS
| Q4 25 | $411.1M | $693.4M | ||
| Q3 25 | $361.7M | $850.4M | ||
| Q2 25 | $356.6M | $829.9M | ||
| Q1 25 | $423.6M | $615.8M | ||
| Q4 24 | $354.7M | $690.5M | ||
| Q3 24 | $316.3M | $782.6M | ||
| Q2 24 | $335.1M | $815.3M | ||
| Q1 24 | $405.3M | $653.8M |
净利润PATHWMS
| Q4 25 | $198.8M | $93.6M | ||
| Q3 25 | $1.6M | $156.0M | ||
| Q2 25 | $-22.6M | $143.9M | ||
| Q1 25 | $51.8M | $77.2M | ||
| Q4 24 | $-10.7M | $81.2M | ||
| Q3 24 | $-86.1M | $130.4M | ||
| Q2 24 | $-28.7M | $161.4M | ||
| Q1 24 | $33.9M | $94.8M |
毛利率PATHWMS
| Q4 25 | 83.3% | 37.4% | ||
| Q3 25 | 82.2% | 40.0% | ||
| Q2 25 | 82.1% | 39.8% | ||
| Q1 25 | 84.8% | 36.7% | ||
| Q4 24 | 82.0% | 35.0% | ||
| Q3 24 | 80.0% | 37.6% | ||
| Q2 24 | 83.5% | 40.8% | ||
| Q1 24 | 86.8% | 38.5% |
营业利润率PATHWMS
| Q4 25 | 3.2% | 19.7% | ||
| Q3 25 | -5.6% | 26.3% | ||
| Q2 25 | -4.6% | 24.8% | ||
| Q1 25 | 7.9% | 19.0% | ||
| Q4 24 | -12.2% | 18.4% | ||
| Q3 24 | -32.7% | 23.9% | ||
| Q2 24 | -14.8% | 27.7% | ||
| Q1 24 | 3.7% | 20.7% |
净利率PATHWMS
| Q4 25 | 48.4% | 13.5% | ||
| Q3 25 | 0.4% | 18.3% | ||
| Q2 25 | -6.3% | 17.3% | ||
| Q1 25 | 12.2% | 12.5% | ||
| Q4 24 | -3.0% | 11.8% | ||
| Q3 24 | -27.2% | 16.7% | ||
| Q2 24 | -8.6% | 19.8% | ||
| Q1 24 | 8.4% | 14.5% |
每股收益（稀释后）PATHWMS
| Q4 25 | $0.37 | $1.19 | ||
| Q3 25 | $0.00 | $1.99 | ||
| Q2 25 | $-0.04 | $1.84 | ||
| Q1 25 | $0.09 | $0.99 | ||
| Q4 24 | $-0.02 | $1.04 | ||
| Q3 24 | $-0.15 | $1.67 | ||
| Q2 24 | $-0.05 | $2.06 | ||
| Q1 24 | $0.07 | $1.22 |
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 | $1.0B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $1.9B |
| 总资产 | $2.9B | $4.1B |
| 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PATHWMS
| Q4 25 | $1.4B | $1.0B | ||
| Q3 25 | $1.4B | $812.9M | ||
| Q2 25 | $1.6B | $638.3M | ||
| Q1 25 | $1.6B | $463.3M | ||
| Q4 24 | $1.6B | $488.9M | ||
| Q3 24 | $1.7B | $613.0M | ||
| Q2 24 | $1.9B | $541.6M | ||
| Q1 24 | $1.9B | $490.2M |
总债务PATHWMS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.3B |
股东权益PATHWMS
| Q4 25 | $1.9B | $1.9B | ||
| Q3 25 | $1.7B | $1.8B | ||
| Q2 25 | $1.7B | $1.7B | ||
| Q1 25 | $1.8B | $1.5B | ||
| Q4 24 | $1.7B | $1.5B | ||
| Q3 24 | $1.8B | $1.4B | ||
| Q2 24 | $2.0B | $1.3B | ||
| Q1 24 | $2.0B | $1.2B |
总资产PATHWMS
| Q4 25 | $2.9B | $4.1B | ||
| Q3 25 | $2.6B | $4.1B | ||
| Q2 25 | $2.6B | $3.9B | ||
| Q1 25 | $2.9B | $3.7B | ||
| Q4 24 | $2.7B | $3.6B | ||
| Q3 24 | $2.7B | $3.5B | ||
| Q2 24 | $2.8B | $3.4B | ||
| Q1 24 | $3.0B | $3.3B |
负债/权益比PATHWMS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.83× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.11× |
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 | $269.3M |
| 自由现金流经营现金流 - 资本支出 | $25.1M | $183.6M |
| 自由现金流率自由现金流/营收 | 6.1% | 26.5% |
| 资本支出强度资本支出/营收 | 0.8% | 12.4% |
| 现金转化率经营现金流/净利润 | 0.14× | 2.88× |
| 过去12个月自由现金流最近4个季度 | — | $577.1M |
8季度趋势，按日历期对齐
经营现金流PATHWMS
| Q4 25 | $28.3M | $269.3M | ||
| Q3 25 | $41.6M | $234.9M | ||
| Q2 25 | $119.0M | $275.0M | ||
| Q1 25 | $146.1M | $41.2M | ||
| Q4 24 | $28.1M | $189.9M | ||
| Q3 24 | $46.4M | $166.9M | ||
| Q2 24 | $100.0M | $183.4M | ||
| Q1 24 | $145.6M | $17.7M |
自由现金流PATHWMS
| Q4 25 | $25.1M | $183.6M | ||
| Q3 25 | — | $176.4M | ||
| Q2 25 | $106.2M | $222.4M | ||
| Q1 25 | $138.7M | $-5.3M | ||
| Q4 24 | $23.2M | $135.7M | ||
| Q3 24 | $45.0M | $112.4M | ||
| Q2 24 | $98.8M | $125.7M | ||
| Q1 24 | $141.8M | $-29.8M |
自由现金流率PATHWMS
| Q4 25 | 6.1% | 26.5% | ||
| Q3 25 | — | 20.7% | ||
| Q2 25 | 29.8% | 26.8% | ||
| Q1 25 | 32.7% | -0.9% | ||
| Q4 24 | 6.5% | 19.7% | ||
| Q3 24 | 14.2% | 14.4% | ||
| Q2 24 | 29.5% | 15.4% | ||
| Q1 24 | 35.0% | -4.6% |
资本支出强度PATHWMS
| Q4 25 | 0.8% | 12.4% | ||
| Q3 25 | 0.0% | 6.9% | ||
| Q2 25 | 3.6% | 6.3% | ||
| Q1 25 | 1.7% | 7.6% | ||
| Q4 24 | 1.4% | 7.9% | ||
| Q3 24 | 0.4% | 7.0% | ||
| Q2 24 | 0.4% | 7.1% | ||
| Q1 24 | 0.9% | 7.3% |
现金转化率PATHWMS
| Q4 25 | 0.14× | 2.88× | ||
| Q3 25 | 26.25× | 1.51× | ||
| Q2 25 | — | 1.91× | ||
| Q1 25 | 2.82× | 0.53× | ||
| Q4 24 | — | 2.34× | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | 1.14× | ||
| Q1 24 | 4.29× | 0.19× |
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% |
WMS
| Reportable Segment Aggregation Before Other Operating Segment | $557.3M | 80% |
| Other | $85.5M | 12% |
| Pipe | $35.5M | 5% |
| Allied Products And Other | $15.0M | 2% |
