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Side-by-side financial comparison of Gitlab Inc. (GTLB) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.
Walker & Dunlop, Inc. is the larger business by last-quarter revenue ($340.0M vs $244.4M, roughly 1.4× Gitlab Inc.). Gitlab Inc. runs the higher net margin — -3.4% vs -12.9%, a 9.5% gap on every dollar of revenue. On growth, Gitlab Inc. posted the faster year-over-year revenue change (24.6% vs -0.4%). Gitlab Inc. produced more free cash flow last quarter ($28.4M vs $-680.1M). Over the past eight quarters, Gitlab Inc.'s revenue compounded faster (22.1% 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.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
GTLB vs WD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $244.4M | $340.0M |
| Net Profit | $-8.3M | $-13.9M |
| Gross Margin | 86.8% | — |
| Operating Margin | -5.1% | -17.2% |
| Net Margin | -3.4% | -12.9% |
| Revenue YoY | 24.6% | -0.4% |
| Net Profit YoY | -128.0% | -131.0% |
| EPS (diluted) | $-0.05 | $-0.41 |
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.
| Q4 25 | $244.4M | $340.0M | ||
| Q3 25 | $236.0M | $337.7M | ||
| Q2 25 | $214.5M | $319.2M | ||
| Q1 25 | $211.4M | $237.4M | ||
| Q4 24 | $196.0M | $341.5M | ||
| Q3 24 | $182.6M | $292.3M | ||
| Q2 24 | $169.2M | $270.7M | ||
| Q1 24 | $163.8M | $228.1M |
| Q4 25 | $-8.3M | $-13.9M | ||
| Q3 25 | $-9.2M | $33.5M | ||
| Q2 25 | $-35.9M | $34.0M | ||
| Q1 25 | $5.8M | $2.8M | ||
| Q4 24 | $29.6M | $44.8M | ||
| Q3 24 | $12.9M | $28.8M | ||
| Q2 24 | $-54.6M | $22.7M | ||
| Q1 24 | $-36.5M | $11.9M |
| 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% | — | ||
| Q1 24 | 90.2% | — |
| Q4 25 | -5.1% | -17.2% | ||
| Q3 25 | -7.8% | 13.6% | ||
| Q2 25 | -16.1% | 14.5% | ||
| Q1 25 | -9.1% | 2.2% | ||
| Q4 24 | -14.7% | 15.3% | ||
| Q3 24 | -22.5% | 12.8% | ||
| Q2 24 | -31.7% | 10.4% | ||
| Q1 24 | -21.3% | 6.0% |
| Q4 25 | -3.4% | -12.9% | ||
| Q3 25 | -3.9% | 9.9% | ||
| Q2 25 | -16.7% | 10.6% | ||
| Q1 25 | 2.7% | 1.2% | ||
| Q4 24 | 15.1% | 13.1% | ||
| Q3 24 | 7.1% | 9.9% | ||
| Q2 24 | -32.3% | 8.4% | ||
| Q1 24 | -22.3% | 5.2% |
| Q4 25 | $-0.05 | $-0.41 | ||
| Q3 25 | $-0.06 | $0.98 | ||
| Q2 25 | $-0.22 | $0.99 | ||
| Q1 25 | $0.05 | $0.08 | ||
| Q4 24 | $0.18 | $1.32 | ||
| Q3 24 | $0.08 | $0.85 | ||
| Q2 24 | $-0.35 | $0.67 | ||
| Q1 24 | $-0.23 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $224.2M | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $922.7M | $1.7B |
| Total Assets | $1.6B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $224.2M | $299.3M | ||
| Q3 25 | $261.4M | $274.8M | ||
| Q2 25 | $255.7M | $233.7M | ||
| Q1 25 | $227.6M | $181.0M | ||
| Q4 24 | $176.6M | $279.3M | ||
| Q3 24 | $438.6M | $179.8M | ||
| Q2 24 | $420.3M | $208.1M | ||
| Q1 24 | $288.0M | $216.5M |
| Q4 25 | $922.7M | $1.7B | ||
| Q3 25 | $866.6M | $1.8B | ||
| Q2 25 | $808.3M | $1.8B | ||
| Q1 25 | $775.9M | $1.7B | ||
| Q4 24 | $724.7M | $1.7B | ||
| Q3 24 | $642.8M | $1.7B | ||
| Q2 24 | $567.8M | $1.7B | ||
| Q1 24 | $571.2M | $1.7B |
| Q4 25 | $1.6B | $5.1B | ||
| Q3 25 | $1.5B | $5.8B | ||
| Q2 25 | $1.4B | $4.7B | ||
| Q1 25 | $1.4B | $4.5B | ||
| Q4 24 | $1.3B | $4.4B | ||
| Q3 24 | $1.4B | $4.6B | ||
| Q2 24 | $1.3B | $4.2B | ||
| Q1 24 | $1.3B | $3.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $31.4M | $-664.3M |
| Free Cash FlowOCF − Capex | $28.4M | $-680.1M |
| FCF MarginFCF / Revenue | 11.6% | -200.0% |
| Capex IntensityCapex / Revenue | 1.2% | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $242.3M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.4M | $-664.3M | ||
| Q3 25 | $49.4M | $-948.1M | ||
| Q2 25 | $106.3M | $-238.5M | ||
| Q1 25 | $63.2M | $-281.1M | ||
| Q4 24 | $-177.0M | $129.4M | ||
| Q3 24 | $11.7M | $-202.0M | ||
| Q2 24 | $38.1M | $-237.8M | ||
| Q1 24 | $24.9M | $38.4M |
| Q4 25 | $28.4M | $-680.1M | ||
| Q3 25 | $46.5M | $-950.4M | ||
| Q2 25 | $105.4M | $-241.0M | ||
| Q1 25 | $62.1M | $-284.7M | ||
| Q4 24 | $-178.1M | $116.4M | ||
| Q3 24 | $10.8M | $-204.0M | ||
| Q2 24 | $37.4M | $-241.7M | ||
| Q1 24 | $24.5M | $35.2M |
| Q4 25 | 11.6% | -200.0% | ||
| Q3 25 | 19.7% | -281.5% | ||
| Q2 25 | 49.1% | -75.5% | ||
| Q1 25 | 29.4% | -120.0% | ||
| Q4 24 | -90.8% | 34.1% | ||
| Q3 24 | 5.9% | -69.8% | ||
| Q2 24 | 22.1% | -89.3% | ||
| Q1 24 | 15.0% | 15.4% |
| Q4 25 | 1.2% | 4.6% | ||
| Q3 25 | 1.2% | 0.7% | ||
| Q2 25 | 0.4% | 0.8% | ||
| Q1 25 | 0.5% | 1.5% | ||
| Q4 24 | 0.5% | 3.8% | ||
| Q3 24 | 0.5% | 0.7% | ||
| Q2 24 | 0.4% | 1.4% | ||
| Q1 24 | 0.2% | 1.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | -28.34× | ||
| Q2 25 | — | -7.02× | ||
| Q1 25 | 10.89× | -102.07× | ||
| Q4 24 | -5.99× | 2.89× | ||
| Q3 24 | 0.90× | -7.01× | ||
| Q2 24 | — | -10.49× | ||
| Q1 24 | — | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GTLB
| Subscription And Circulation | $146.4M | 60% |
| Subscription Software As A Service | $76.9M | 31% |
| License | $15.5M | 6% |
| Professional Services And Other | $5.6M | 2% |
WD
Segment breakdown not available.
