Elastic N.V. (ESTC) vs GitLab Inc. (GTLB)
A side-by-side comparison of Elastic N.V. and GitLab Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
ESTC
Elastic N.V.
$83.39TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
GTLB
GitLab Inc.
$46.99TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — ESTC vs GTLB
growth of $100 · dividends reinvested · last 5yESTC -50.5% (-13.1%/yr)GTLB -54.5% (-14.6%/yr)ESTC compounded faster over this window
ESTC GTLB
ESTC vs GTLB: by the numbers
- •ESTC is the larger company ($8.67B vs $7.94B market cap).
- •ESTC is profitable (20.84% net margin) while GTLB runs a net loss (-4.99%).
- •GTLB grew revenue faster over the past five years (39.98% vs 21.79% CAGR).
Metrics side by side
Valuation
| Metric | ESTC | GTLB |
|---|---|---|
| P/E ratio | 23.34 | N/A |
| Forward P/E | 24.82 | 54.23 |
| P/S ratio | 4.81 | 7.52 |
| P/B ratio | 6.68 | 8.58 |
| FCF yield | 4.03% | 2.69% |
Profitability
| Metric | ESTC | GTLB |
|---|---|---|
| Gross margin | 75.50% | 85.75% |
| Operating margin | -1.49% | -8.55% |
| Net margin | 20.84% | -4.99% |
| ROE | 28.97% | -5.69% |
| ROIC | -1.37% | -9.02% |
Growth (annualized)
| Metric | ESTC | GTLB |
|---|---|---|
| Revenue CAGR (5Y) | 21.79% | 39.98% |
| FCF CAGR (5Y) | 107.34% | N/A |
| Total return CAGR (5Y) | -12.16% | N/A |
Frequently asked
- Which has grown faster, ESTC or GTLB?
- Over the past five years, GTLB grew revenue faster — ESTC at a 21.79% CAGR versus GTLB at 39.98%.
- Is ESTC or GTLB more profitable?
- ESTC runs the higher net margin — ESTC at 20.84% versus GTLB at -4.99%.
Go deeper
Dig into the metrics
Elastic P/E ratioElastic ROEGitLab ROEElastic operating marginGitLab operating marginElastic revenue growthGitLab revenue growthElastic free cash flowGitLab free cash flow
Elastic & GitLab appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.