vs

Side-by-side financial comparison of Gitlab Inc. (GTLB) and NEW JERSEY RESOURCES CORP (NJR). Click either name above to swap in a different company.

NEW JERSEY RESOURCES CORP is the larger business by last-quarter revenue ($939.4M vs $244.4M, roughly 3.8× Gitlab Inc.). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs -3.4%, a 26.7% gap on every dollar of revenue. On growth, Gitlab Inc. posted the faster year-over-year revenue change (24.6% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 22.1%).

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.

New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.

GTLB vs NJR — Head-to-Head

Bigger by revenue
NJR
NJR
3.8× larger
NJR
$939.4M
$244.4M
GTLB
Growing faster (revenue YoY)
GTLB
GTLB
+57.6% gap
GTLB
24.6%
-33.0%
NJR
Higher net margin
NJR
NJR
26.7% more per $
NJR
23.3%
-3.4%
GTLB
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
22.1%
GTLB

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
GTLB
GTLB
NJR
NJR
Revenue
$244.4M
$939.4M
Net Profit
$-8.3M
$218.9M
Gross Margin
86.8%
Operating Margin
-5.1%
32.0%
Net Margin
-3.4%
23.3%
Revenue YoY
24.6%
-33.0%
Net Profit YoY
-128.0%
7.2%
EPS (diluted)
$-0.05
$2.16

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
GTLB
GTLB
NJR
NJR
Q1 26
$939.4M
Q4 25
$244.4M
$440.9M
Q3 25
$236.0M
$188.3M
Q2 25
$214.5M
$234.8M
Q1 25
$211.4M
$569.2M
Q4 24
$196.0M
$359.0M
Q3 24
$182.6M
$265.7M
Q2 24
$169.2M
$209.9M
Net Profit
GTLB
GTLB
NJR
NJR
Q1 26
$218.9M
Q4 25
$-8.3M
$122.5M
Q3 25
$-9.2M
$15.1M
Q2 25
$-35.9M
$-15.1M
Q1 25
$5.8M
$204.3M
Q4 24
$29.6M
$131.3M
Q3 24
$12.9M
$91.1M
Q2 24
$-54.6M
$-11.6M
Gross Margin
GTLB
GTLB
NJR
NJR
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
GTLB
GTLB
NJR
NJR
Q1 26
32.0%
Q4 25
-5.1%
40.6%
Q3 25
-7.8%
21.5%
Q2 25
-16.1%
-0.5%
Q1 25
-9.1%
49.2%
Q4 24
-14.7%
52.8%
Q3 24
-22.5%
55.0%
Q2 24
-31.7%
2.8%
Net Margin
GTLB
GTLB
NJR
NJR
Q1 26
23.3%
Q4 25
-3.4%
27.8%
Q3 25
-3.9%
8.0%
Q2 25
-16.7%
-6.4%
Q1 25
2.7%
35.9%
Q4 24
15.1%
36.6%
Q3 24
7.1%
34.3%
Q2 24
-32.3%
-5.5%
EPS (diluted)
GTLB
GTLB
NJR
NJR
Q1 26
$2.16
Q4 25
$-0.05
$1.21
Q3 25
$-0.06
$0.15
Q2 25
$-0.22
$-0.15
Q1 25
$0.05
$2.02
Q4 24
$0.18
$1.31
Q3 24
$0.08
$0.91
Q2 24
$-0.35
$-0.12

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTLB
GTLB
NJR
NJR
Q1 26
Q4 25
$224.2M
$2.4M
Q3 25
$261.4M
$591.0K
Q2 25
$255.7M
$931.0K
Q1 25
$227.6M
$83.7M
Q4 24
$176.6M
$1.9M
Q3 24
$438.6M
$1.0M
Q2 24
$420.3M
$22.4M
Total Debt
GTLB
GTLB
NJR
NJR
Q1 26
Q4 25
$3.3B
Q3 25
$3.3B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
GTLB
GTLB
NJR
NJR
Q1 26
Q4 25
$922.7M
$2.5B
Q3 25
$866.6M
$2.4B
Q2 25
$808.3M
$2.4B
Q1 25
$775.9M
$2.5B
Q4 24
$724.7M
$2.3B
Q3 24
$642.8M
$2.2B
Q2 24
$567.8M
$2.1B
Total Assets
GTLB
GTLB
NJR
NJR
Q1 26
Q4 25
$1.6B
$7.9B
Q3 25
$1.5B
$7.6B
Q2 25
$1.4B
$7.3B
Q1 25
$1.4B
$7.3B
Q4 24
$1.3B
$7.2B
Q3 24
$1.4B
$7.0B
Q2 24
$1.3B
$6.8B
Debt / Equity
GTLB
GTLB
NJR
NJR
Q1 26
Q4 25
1.32×
Q3 25
1.36×
Q2 25
1.25×
Q1 25
1.20×
Q4 24
1.29×
Q3 24
1.31×
Q2 24
1.30×

Cash Flow & Capital Efficiency

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

Metric
GTLB
GTLB
NJR
NJR
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
GTLB
GTLB
NJR
NJR
Q1 26
Q4 25
$31.4M
$26.7M
Q3 25
$49.4M
$81.2M
Q2 25
$106.3M
$-28.9M
Q1 25
$63.2M
$423.0M
Q4 24
$-177.0M
$-9.0M
Q3 24
$11.7M
$64.5M
Q2 24
$38.1M
$24.3M
Free Cash Flow
GTLB
GTLB
NJR
NJR
Q1 26
Q4 25
$28.4M
Q3 25
$46.5M
Q2 25
$105.4M
Q1 25
$62.1M
Q4 24
$-178.1M
Q3 24
$10.8M
Q2 24
$37.4M
FCF Margin
GTLB
GTLB
NJR
NJR
Q1 26
Q4 25
11.6%
Q3 25
19.7%
Q2 25
49.1%
Q1 25
29.4%
Q4 24
-90.8%
Q3 24
5.9%
Q2 24
22.1%
Capex Intensity
GTLB
GTLB
NJR
NJR
Q1 26
Q4 25
1.2%
Q3 25
1.2%
Q2 25
0.4%
Q1 25
0.5%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.4%
Cash Conversion
GTLB
GTLB
NJR
NJR
Q1 26
Q4 25
0.22×
Q3 25
5.39×
Q2 25
Q1 25
10.89×
2.07×
Q4 24
-5.99×
-0.07×
Q3 24
0.90×
0.71×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GTLB
GTLB

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

NJR
NJR

Utility$640.9M68%
Nonutility$298.5M32%

Related Comparisons