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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and Gitlab Inc. (GTLB). Click either name above to swap in a different company.

COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $244.4M, roughly 1.9× Gitlab Inc.). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs -3.4%, a 33.2% gap on every dollar of revenue. On growth, Gitlab Inc. posted the faster year-over-year revenue change (24.6% vs 11.1%). Over the past eight quarters, Gitlab Inc.'s revenue compounded faster (22.1% CAGR vs 7.1%).

Commerce Bancshares, Inc. is a regional bank holding company headquartered in Missouri, with principal offices in Kansas City and St. Louis. It is the corporate parent of Commerce Bank, which offers a diversified line of financial services, including business and personal banking, wealth management and investments through its affiliated companies.

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.

CBSH vs GTLB — Head-to-Head

Bigger by revenue
CBSH
CBSH
1.9× larger
CBSH
$475.7M
$244.4M
GTLB
Growing faster (revenue YoY)
GTLB
GTLB
+13.5% gap
GTLB
24.6%
11.1%
CBSH
Higher net margin
CBSH
CBSH
33.2% more per $
CBSH
29.8%
-3.4%
GTLB
Faster 2-yr revenue CAGR
GTLB
GTLB
Annualised
GTLB
22.1%
7.1%
CBSH

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CBSH
CBSH
GTLB
GTLB
Revenue
$475.7M
$244.4M
Net Profit
$141.6M
$-8.3M
Gross Margin
86.8%
Operating Margin
-5.1%
Net Margin
29.8%
-3.4%
Revenue YoY
11.1%
24.6%
Net Profit YoY
10.5%
-128.0%
EPS (diluted)
$0.96
$-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
CBSH
CBSH
GTLB
GTLB
Q1 26
$475.7M
Q4 25
$449.4M
$244.4M
Q3 25
$441.0M
$236.0M
Q2 25
$445.8M
$214.5M
Q1 25
$428.1M
$211.4M
Q4 24
$422.1M
$196.0M
Q3 24
$421.4M
$182.6M
Q2 24
$414.5M
$169.2M
Net Profit
CBSH
CBSH
GTLB
GTLB
Q1 26
$141.6M
Q4 25
$140.7M
$-8.3M
Q3 25
$141.5M
$-9.2M
Q2 25
$152.5M
$-35.9M
Q1 25
$131.6M
$5.8M
Q4 24
$136.1M
$29.6M
Q3 24
$138.0M
$12.9M
Q2 24
$139.6M
$-54.6M
Gross Margin
CBSH
CBSH
GTLB
GTLB
Q1 26
Q4 25
86.8%
Q3 25
87.9%
Q2 25
88.3%
Q1 25
89.2%
Q4 24
88.7%
Q3 24
88.3%
Q2 24
88.9%
Operating Margin
CBSH
CBSH
GTLB
GTLB
Q1 26
Q4 25
40.8%
-5.1%
Q3 25
41.9%
-7.8%
Q2 25
44.0%
-16.1%
Q1 25
39.2%
-9.1%
Q4 24
41.2%
-14.7%
Q3 24
42.4%
-22.5%
Q2 24
43.4%
-31.7%
Net Margin
CBSH
CBSH
GTLB
GTLB
Q1 26
29.8%
Q4 25
31.3%
-3.4%
Q3 25
32.1%
-3.9%
Q2 25
34.2%
-16.7%
Q1 25
30.7%
2.7%
Q4 24
32.2%
15.1%
Q3 24
32.8%
7.1%
Q2 24
33.7%
-32.3%
EPS (diluted)
CBSH
CBSH
GTLB
GTLB
Q1 26
$0.96
Q4 25
$0.86
$-0.05
Q3 25
$1.06
$-0.06
Q2 25
$1.14
$-0.22
Q1 25
$0.98
$0.05
Q4 24
$0.83
$0.18
Q3 24
$1.01
$0.08
Q2 24
$1.03
$-0.35

Balance Sheet & Financial Strength

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

Metric
CBSH
CBSH
GTLB
GTLB
Cash + ST InvestmentsLiquidity on hand
$224.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3B
$922.7M
Total Assets
$35.7B
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
GTLB
GTLB
Q1 26
Q4 25
$224.2M
Q3 25
$261.4M
Q2 25
$255.7M
Q1 25
$227.6M
Q4 24
$176.6M
Q3 24
$438.6M
Q2 24
$420.3M
Stockholders' Equity
CBSH
CBSH
GTLB
GTLB
Q1 26
$4.3B
Q4 25
$3.8B
$922.7M
Q3 25
$3.8B
$866.6M
Q2 25
$3.6B
$808.3M
Q1 25
$3.5B
$775.9M
Q4 24
$3.3B
$724.7M
Q3 24
$3.4B
$642.8M
Q2 24
$3.1B
$567.8M
Total Assets
CBSH
CBSH
GTLB
GTLB
Q1 26
$35.7B
Q4 25
$32.9B
$1.6B
Q3 25
$32.3B
$1.5B
Q2 25
$32.3B
$1.4B
Q1 25
$32.4B
$1.4B
Q4 24
$32.0B
$1.3B
Q3 24
$31.5B
$1.4B
Q2 24
$30.6B
$1.3B

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
GTLB
GTLB
Q1 26
Q4 25
$645.1M
$31.4M
Q3 25
$129.0M
$49.4M
Q2 25
$111.2M
$106.3M
Q1 25
$138.6M
$63.2M
Q4 24
$577.9M
$-177.0M
Q3 24
$431.7M
$11.7M
Q2 24
$147.4M
$38.1M
Free Cash Flow
CBSH
CBSH
GTLB
GTLB
Q1 26
Q4 25
$592.4M
$28.4M
Q3 25
$113.3M
$46.5M
Q2 25
$100.5M
$105.4M
Q1 25
$126.0M
$62.1M
Q4 24
$531.7M
$-178.1M
Q3 24
$419.1M
$10.8M
Q2 24
$138.9M
$37.4M
FCF Margin
CBSH
CBSH
GTLB
GTLB
Q1 26
Q4 25
131.8%
11.6%
Q3 25
25.7%
19.7%
Q2 25
22.5%
49.1%
Q1 25
29.4%
29.4%
Q4 24
126.0%
-90.8%
Q3 24
99.5%
5.9%
Q2 24
33.5%
22.1%
Capex Intensity
CBSH
CBSH
GTLB
GTLB
Q1 26
Q4 25
11.7%
1.2%
Q3 25
3.6%
1.2%
Q2 25
2.4%
0.4%
Q1 25
2.9%
0.5%
Q4 24
10.9%
0.5%
Q3 24
3.0%
0.5%
Q2 24
2.1%
0.4%
Cash Conversion
CBSH
CBSH
GTLB
GTLB
Q1 26
Q4 25
4.59×
Q3 25
0.91×
Q2 25
0.73×
Q1 25
1.05×
10.89×
Q4 24
4.25×
-5.99×
Q3 24
3.13×
0.90×
Q2 24
1.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBSH
CBSH

Segment breakdown not available.

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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