GitLab Inc. vs New Relic, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsDevTools & Observability
Data as of Q3 2026
Summary Verdict
GTLB: 5—NEWR: 0wins
Rule of 40
62.8GTLB
37.4NEWR
check_circleGTLB leads
Revenue Growth
35.8%GTLB
21.2%NEWR
check_circleGTLB leads
Gross Margin
86%GTLB
76%NEWR
check_circleGTLB leads
FCF Margin
27.0%GTLB
16.2%NEWR
check_circleGTLB leads
Operating Margin
-10.0%GTLB
-13.4%NEWR
check_circleGTLB leads
NRR
—GTLB
—NEWR
Metric
Rule of 40Efficiency score
GTLB
62.8check_circle
NEWR
37.4
Revenue GrowthYoY
GTLB
35.8%check_circle
NEWR
21.2%
Gross Margin% of revenue
GTLB
86%check_circle
NEWR
76%
FCF MarginFree cash flow
GTLB
27.0%check_circle
NEWR
16.2%
Operating MarginGAAP
GTLB
-10.0%check_circle
NEWR
-13.4%
NRRNet retention
GTLB
N/A
NEWR
N/A
EV / RevenueValuation multiple
GTLB
7.5x
NEWR
6.2xcheck_circle
Market CapUSD
GTLB
$7.9Bcheck_circle
NEWR
$6.2B
ARR GrowthYoY
GTLB
N/A
NEWR
N/A
CAC PaybackMonths to recover
GTLB
N/A
NEWR
N/A
insights
Analysis
As of Q3 2026, GitLab Inc. trades at 7.5x EV/Revenue versus New Relic, Inc. at 6.2x. On the Rule of 40, GitLab Inc. scores 62.8 compared to New Relic, Inc.'s 37.4, placing GitLab Inc. ahead in operating efficiency. Gross margins stand at GitLab Inc. 86% vs New Relic, Inc. 76%.
Sector Context
Both companies operate in the DevTools & Observability sector. The median columns above show where each company stands relative to their peers.