Elastic N.V. (ESTC) vs GitLab (GTLB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Elastic N.V. (ESTC) has outperformed GitLab (GTLB) over the past year, gaining 14.5% versus a gain of 13.1%. Over five years, ESTC leads with a -44.6% price change compared with -53.4% for GTLB. Elastic N.V. is the larger company by market cap ($10.00 billion vs $8.92 billion), about 1.1 times the size, while GitLab is growing revenue faster (+25.8% vs +17.3%).
On valuation, Elastic N.V. trades at a lower forward P/E (24.1x vs 51.6x for GitLab). Elastic N.V. converts more of its revenue into profit, with a net margin of 21.1% 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 | ESTC | GTLB |
|---|---|---|
| Share price | $95.26 | $53.56 |
| Market cap | $10.00B | $8.92B |
| 1-day change | +2.32% | +3.02% |
| YTD return | +26.27% | +42.71% |
| 1-year return | +14.50% | +13.14% |
| 5-year return | -44.57% | -53.43% |
| P/E ratio (TTM) | 27.22 | — |
| Forward P/E | 24.09 | 51.58 |
| EPS (TTM) | $3.50 | $-0.32 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.74B | $955.22M |
| Revenue growth (YoY) | +17.26% | +25.81% |
| Net income (latest FY) | $367.77M | $-55.96M |
| Gross margin | 76.07% | 87.36% |
| Operating margin | -1.92% | -7.38% |
| Net margin | 21.14% | -5.86% |
| 52-week high | $108.00 | $55.55 |
| 52-week low | $42.05 | $18.73 |
| Distance from 52-week high | -11.80% | -3.58% |
| Analyst consensus | buy | none |
| Avg. price target upside | +16.20% | +4.01% |
| Average volume | 2.26M | 4.73M |
| Shares outstanding | 104.99M | 165.50M |
| Employees | 3,834 | 2,580 |
| Sector | Technology | Technology |
| Industry | Software - Application | 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
- Elastic N.V. is more profitable, keeping 21.1 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 +17.26%).
About Elastic N.V.
ESTC stock →Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. It primarily offers Elasticsearch Platform, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data.
Technology · Software - Application · 3,834 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
ESTC vs GTLB FAQ
Which is bigger, Elastic N.V. or GitLab?
Elastic N.V. (ESTC) is larger, with a market capitalization of $10.00B compared with $8.92B for GitLab (GTLB).
Which stock has performed better over the past year, ESTC or GTLB?
ESTC returned +14.50% over the past 12 months, compared with +13.14% for GTLB (price return, excluding dividends). Past performance does not predict future results.
Are Elastic N.V. and GitLab in the same industry?
Both are in the Technology sector, but in different industries: Software - Application for Elastic N.V. and Computer Software: Prepackaged Software for GitLab.