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Side-by-side financial comparison of AtriCure, Inc. (ATRC) and Gitlab Inc. (GTLB). Click either name above to swap in a different company.

Gitlab Inc. is the larger business by last-quarter revenue ($244.4M vs $140.5M, roughly 1.7× AtriCure, Inc.). On growth, Gitlab Inc. posted the faster year-over-year revenue change (24.6% vs 13.1%). Gitlab Inc. produced more free cash flow last quarter ($28.4M vs $18.4M). Over the past eight quarters, Gitlab Inc.'s revenue compounded faster (22.1% CAGR vs 13.6%).

AtriCure, Inc. is a global medical device company specializing in the research, development, and manufacturing of innovative surgical tools and therapeutic solutions for treating atrial fibrillation and associated cardiac conditions. Its core customers include hospitals, cardiac surgery centers, and healthcare providers across North America, Europe, and the Asia Pacific region, with products designed to support safer, more effective minimally invasive cardiac procedures.

GitLab Inc. is an American company that operates and develops GitLab, an open-core DevOps software package that can develop, secure, and operate software. GitLab includes a distributed version control system based on Git, including features such as access control, bug tracking, software feature requests, task management, and wikis for every project, as well as snippets.

ATRC vs GTLB — Head-to-Head

Bigger by revenue
GTLB
GTLB
1.7× larger
GTLB
$244.4M
$140.5M
ATRC
Growing faster (revenue YoY)
GTLB
GTLB
+11.6% gap
GTLB
24.6%
13.1%
ATRC
More free cash flow
GTLB
GTLB
$10.0M more FCF
GTLB
$28.4M
$18.4M
ATRC
Faster 2-yr revenue CAGR
GTLB
GTLB
Annualised
GTLB
22.1%
13.6%
ATRC

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ATRC
ATRC
GTLB
GTLB
Revenue
$140.5M
$244.4M
Net Profit
$-8.3M
Gross Margin
75.0%
86.8%
Operating Margin
1.8%
-5.1%
Net Margin
-3.4%
Revenue YoY
13.1%
24.6%
Net Profit YoY
-128.0%
EPS (diluted)
$0.04
$-0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATRC
ATRC
GTLB
GTLB
Q4 25
$140.5M
$244.4M
Q3 25
$134.3M
$236.0M
Q2 25
$136.1M
$214.5M
Q1 25
$123.6M
$211.4M
Q4 24
$124.3M
$196.0M
Q3 24
$115.9M
$182.6M
Q2 24
$116.3M
$169.2M
Q1 24
$108.9M
$163.8M
Net Profit
ATRC
ATRC
GTLB
GTLB
Q4 25
$-8.3M
Q3 25
$-267.0K
$-9.2M
Q2 25
$-6.2M
$-35.9M
Q1 25
$-6.7M
$5.8M
Q4 24
$29.6M
Q3 24
$-7.9M
$12.9M
Q2 24
$-8.0M
$-54.6M
Q1 24
$-13.3M
$-36.5M
Gross Margin
ATRC
ATRC
GTLB
GTLB
Q4 25
75.0%
86.8%
Q3 25
75.5%
87.9%
Q2 25
74.5%
88.3%
Q1 25
74.9%
89.2%
Q4 24
74.5%
88.7%
Q3 24
74.9%
88.3%
Q2 24
74.7%
88.9%
Q1 24
74.7%
90.2%
Operating Margin
ATRC
ATRC
GTLB
GTLB
Q4 25
1.8%
-5.1%
Q3 25
0.2%
-7.8%
Q2 25
-4.5%
-16.1%
Q1 25
-4.8%
-9.1%
Q4 24
-11.7%
-14.7%
Q3 24
-6.4%
-22.5%
Q2 24
-6.2%
-31.7%
Q1 24
-10.0%
-21.3%
Net Margin
ATRC
ATRC
GTLB
GTLB
Q4 25
-3.4%
Q3 25
-0.2%
-3.9%
Q2 25
-4.5%
-16.7%
Q1 25
-5.5%
2.7%
Q4 24
15.1%
Q3 24
-6.8%
7.1%
Q2 24
-6.9%
-32.3%
Q1 24
-12.2%
-22.3%
EPS (diluted)
ATRC
ATRC
GTLB
GTLB
Q4 25
$0.04
$-0.05
Q3 25
$-0.01
$-0.06
Q2 25
$-0.13
$-0.22
Q1 25
$-0.14
$0.05
Q4 24
$-0.33
$0.18
Q3 24
$-0.17
$0.08
Q2 24
$-0.17
$-0.35
Q1 24
$-0.28
$-0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATRC
ATRC
GTLB
GTLB
Cash + ST InvestmentsLiquidity on hand
$167.4M
$224.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$491.9M
$922.7M
Total Assets
$654.2M
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATRC
ATRC
GTLB
GTLB
Q4 25
$167.4M
$224.2M
Q3 25
$147.9M
$261.4M
Q2 25
$117.8M
$255.7M
Q1 25
$99.9M
$227.6M
Q4 24
$122.7M
$176.6M
Q3 24
$130.3M
$438.6M
Q2 24
$114.0M
$420.3M
Q1 24
$106.0M
$288.0M
Total Debt
ATRC
ATRC
GTLB
GTLB
Q4 25
Q3 25
$61.9M
Q2 25
$61.9M
Q1 25
$61.9M
Q4 24
Q3 24
$61.9M
Q2 24
$61.9M
Q1 24
$61.9M
Stockholders' Equity
ATRC
ATRC
GTLB
GTLB
Q4 25
$491.9M
$922.7M
Q3 25
$476.5M
$866.6M
Q2 25
$464.5M
$808.3M
Q1 25
$454.6M
$775.9M
Q4 24
$461.0M
$724.7M
Q3 24
$465.0M
$642.8M
Q2 24
$462.1M
$567.8M
Q1 24
$456.3M
$571.2M
Total Assets
ATRC
ATRC
GTLB
GTLB
Q4 25
$654.2M
$1.6B
Q3 25
$635.4M
$1.5B
Q2 25
$608.8M
$1.4B
Q1 25
$591.6M
$1.4B
Q4 24
$609.3M
$1.3B
Q3 24
$615.1M
$1.4B
Q2 24
$597.3M
$1.3B
Q1 24
$591.6M
$1.3B
Debt / Equity
ATRC
ATRC
GTLB
GTLB
Q4 25
Q3 25
0.13×
Q2 25
0.13×
Q1 25
0.14×
Q4 24
Q3 24
0.13×
Q2 24
0.13×
Q1 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATRC
ATRC
GTLB
GTLB
Operating Cash FlowLast quarter
$20.0M
$31.4M
Free Cash FlowOCF − Capex
$18.4M
$28.4M
FCF MarginFCF / Revenue
13.1%
11.6%
Capex IntensityCapex / Revenue
1.1%
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$48.3M
$242.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATRC
ATRC
GTLB
GTLB
Q4 25
$20.0M
$31.4M
Q3 25
$26.7M
$49.4M
Q2 25
$21.6M
$106.3M
Q1 25
$-11.0M
$63.2M
Q4 24
$5.8M
$-177.0M
Q3 24
$20.0M
$11.7M
Q2 24
$7.4M
$38.1M
Q1 24
$-21.0M
$24.9M
Free Cash Flow
ATRC
ATRC
GTLB
GTLB
Q4 25
$18.4M
$28.4M
Q3 25
$24.1M
$46.5M
Q2 25
$19.0M
$105.4M
Q1 25
$-13.2M
$62.1M
Q4 24
$3.1M
$-178.1M
Q3 24
$16.4M
$10.8M
Q2 24
$5.0M
$37.4M
Q1 24
$-23.8M
$24.5M
FCF Margin
ATRC
ATRC
GTLB
GTLB
Q4 25
13.1%
11.6%
Q3 25
18.0%
19.7%
Q2 25
13.9%
49.1%
Q1 25
-10.7%
29.4%
Q4 24
2.5%
-90.8%
Q3 24
14.1%
5.9%
Q2 24
4.3%
22.1%
Q1 24
-21.9%
15.0%
Capex Intensity
ATRC
ATRC
GTLB
GTLB
Q4 25
1.1%
1.2%
Q3 25
1.9%
1.2%
Q2 25
2.0%
0.4%
Q1 25
1.8%
0.5%
Q4 24
2.2%
0.5%
Q3 24
3.1%
0.5%
Q2 24
2.1%
0.4%
Q1 24
2.5%
0.2%
Cash Conversion
ATRC
ATRC
GTLB
GTLB
Q4 25
Q3 25
Q2 25
Q1 25
10.89×
Q4 24
-5.99×
Q3 24
0.90×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATRC
ATRC

Appendage Management$45.5M32%
Openheart$38.5M27%
Other$26.2M19%
Pain Management$22.6M16%
Minimally Invasive$7.7M6%

GTLB
GTLB

Subscription And Circulation$146.4M60%
Subscription Software As A Service$76.9M31%
License$15.5M6%
Professional Services And Other$5.6M2%

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