GitLab (GTLB) vs Paylocity (PCTY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
GitLab (GTLB) has outperformed Paylocity (PCTY) over the past year, gaining 17.6% versus a gain of 0.6%. Over five years, PCTY leads with a -45.6% price change compared with -52.1% for GTLB. GitLab is the larger company by market cap ($9.18 billion vs $8.52 billion), about 1.1 times the size.
On valuation, Paylocity trades at a lower forward P/E (15.8x vs 53.1x for GitLab). Paylocity converts more of its revenue into profit, with a net margin of 15.2% 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 | GTLB | PCTY |
|---|---|---|
| Share price | $55.09 | $153.96 |
| Market cap | $9.18B | $8.52B |
| 1-day change | +2.86% | +0.61% |
| YTD return | +46.79% | +0.96% |
| 1-year return | +17.56% | +0.64% |
| 5-year return | -52.10% | -45.64% |
| P/E ratio (TTM) | — | 31.29 |
| Forward P/E | 53.06 | 15.84 |
| EPS (TTM) | $-0.33 | $4.92 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $955.22M | $1.77B |
| Revenue growth (YoY) | +25.81% | +11.04% |
| Net income (latest FY) | $-55.96M | $269.74M |
| Gross margin | 87.36% | 69.19% |
| Operating margin | -7.38% | 21.79% |
| Net margin | -5.86% | 15.23% |
| 52-week high | $55.55 | $161.93 |
| 52-week low | $18.73 | $92.99 |
| Distance from 52-week high | -0.83% | -4.92% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +1.13% | +11.85% |
| Average volume | 4.61M | 689.77K |
| Shares outstanding | 165.50M | 55.37M |
| Employees | 2,580 | 6,900 |
| 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
- GTLB has outperformed PCTY by 16.9 percentage points over the past year.
- Paylocity is more profitable, keeping 15.2 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 +11.04%).
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
About Paylocity
PCTY stock →Paylocity Holding Corporation provides cloud-based human capital management, finance, and IT software solutions in the United States. The company offers payroll solutions comprising payroll and tax services, global payroll, on-demand payment, garnishments, and elevate payroll; human resources (HR) solutions consisting of human resources, employee self-service, workflows and documents, HR compliance dashboard, and elevate HR and HR edge; time and labor solutions, including time and attendance, scheduling, and time collection; and talent solutions, such as recruiting, onboarding, learning, performance, compensation, and market pay.
Technology · Computer Software: Prepackaged Software · 6,900 employees
GTLB vs PCTY FAQ
Which is bigger, GitLab or Paylocity?
GitLab (GTLB) is larger, with a market capitalization of $9.18B compared with $8.52B for Paylocity (PCTY).
Which stock has performed better over the past year, GTLB or PCTY?
GTLB returned +17.56% over the past 12 months, compared with +0.64% for PCTY (price return, excluding dividends). Past performance does not predict future results.
Are GitLab and Paylocity in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.