Dropbox (DBX) vs GitLab (GTLB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Dropbox (DBX) has outperformed GitLab (GTLB) over the past year, gaining 13.6% versus a gain of 12.7%. Over five years, DBX leads with a +9.2% price change compared with -54.8% for GTLB. GitLab is the larger company by market cap ($8.86 billion vs $7.37 billion), about 1.2 times the size.
On valuation, Dropbox trades at a lower forward P/E (10.3x vs 51.2x for GitLab). Dropbox converts more of its revenue into profit, with a net margin of 20.2% versus -5.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DBX | GTLB |
|---|---|---|
| Share price | $33.92 | $53.20 |
| Market cap | $7.37B | $8.86B |
| 1-day change | +2.52% | +2.33% |
| YTD return | +18.99% | +38.53% |
| 1-year return | +13.64% | +12.65% |
| 5-year return | +9.21% | -54.79% |
| P/E ratio (TTM) | 18.74 | — |
| Forward P/E | 10.27 | 51.24 |
| EPS (TTM) | $1.81 | $-0.32 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.52B | $955.22M |
| Revenue growth (YoY) | -1.07% | +25.81% |
| Net income (latest FY) | $508.40M | $-55.96M |
| Gross margin | 80.13% | 87.36% |
| Operating margin | 27.33% | -7.38% |
| Net margin | 20.17% | -5.86% |
| 52-week high | $38.17 | $55.55 |
| 52-week low | $21.70 | $18.73 |
| Distance from 52-week high | -11.15% | -4.23% |
| Analyst consensus | underperform | none |
| Avg. price target upside | -6.24% | +4.72% |
| Average volume | 4.18M | 4.73M |
| Shares outstanding | 142.30M | 165.50M |
| Employees | 2,113 | 2,580 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Dropbox is more profitable, keeping 20.2 cents of every revenue dollar as net income versus -5.9 cents for GitLab.
- GitLab grew revenue faster in its latest fiscal year (+25.81% vs -1.07%).
About Dropbox
DBX stock →Dropbox, Inc. provides a content collaboration platform in the United States and internationally.
Technology · Computer Software: Prepackaged Software · 2,113 employees
About GitLab
GTLB stock →GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company provides GitLab, an intelligent orchestration platform for DevSecOps, which is a single application offering the entire software development lifecycle, including software, project plans, code, security scans, compliance checks, and deployment configurations.
Technology · Computer Software: Prepackaged Software · 2,580 employees
DBX vs GTLB FAQ
Which is bigger, Dropbox or GitLab?
GitLab (GTLB) is larger, with a market capitalization of $8.86B compared with $7.37B for Dropbox (DBX).
Which stock has performed better over the past year, DBX or GTLB?
DBX returned +13.64% over the past 12 months, compared with +12.65% for GTLB (price return, excluding dividends). Past performance does not predict future results.
Are Dropbox and GitLab in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.