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Gitlab vs Netskope

Gitlab is the larger business, with $955m of revenue in fiscal 2026 against $709m for Netskope (1.3 times as much). Netskope grew faster (31.7% against 25.8%). Gitlab kept more of each dollar of sales as profit: a net margin of -5.9% against -95.8%.

Latest fiscal yearGitlabGTLB, 2026NetskopeNTSK, 2026
Revenue $955m $709m
Revenue growth 25.8% 31.7%
Net income −$56.0m −$679m
Operating margin -7.4% -92.0%
Net margin -5.9% -95.8%
Return on equity -6.3% —
Free cash flow $222m $15.2m
Cash $230m $433m
Total debt — $721m
Debt to equity — 370.6%
Dividend per share — —
Dividend yield — —
Share buybacks — $565,000
Employees 2,580 3,281
Market value $8.84bn $8.87bn
Price vs our value range — —
Moat score 48 (Moderate) —
Insider trades, 12 months 5 buys, 54 sales 7 buys, 24 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.