U vs. GTLB

Last updated Apr 1, 2026

Compare and contrast key facts about Unity Software Inc. (U) and GitLab Inc. (GTLB).

Performance

U vs. GTLB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unity Software Inc. (U) and GitLab Inc. (GTLB). The values are adjusted to include any dividend payments, if applicable.

U vs. GTLB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
U Unity Software Inc.	-50.33%	96.57%	-45.05%	43.02%	-80.01%	1.16%
GTLB GitLab Inc.	-42.34%	-33.40%	-10.50%	38.56%	-47.77%	-16.26%

Fundamentals

Market Cap U : $9.43B GTLB : $3.66B
EPS U : -$0.95 GTLB : -$0.34
PS Ratio U : 5.03 GTLB : 3.77
PB Ratio U : 2.91 GTLB : 3.70
Total Revenue (TTM) U : $1.85B GTLB : $955.22M
Gross Profit (TTM) U : $1.37B GTLB : $834.48M
EBITDA (TTM) U : -$57.62M GTLB : -$62.25M

Returns By Period

In the year-to-date period, U achieves a -50.33% return, which is significantly lower than GTLB's -42.34% return.

U

• 1D: 6.82%
• 1M: 20.35%
• YTD: -50.33%
• 6M: -45.20%
• 1Y: 12.00%
• 3Y*: -12.22%
• 5Y*: -26.33%
• 10Y*: —

GTLB

• 1D: 4.04%
• 1M: -17.72%
• YTD: -42.34%
• 6M: -52.00%
• 1Y: -53.96%
• 3Y*: -14.22%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

U vs. GTLB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

U

U Risk / Return Rank: 48
U Sharpe Ratio Rank: 47
U Sortino Ratio Rank: 51
U Omega Ratio Rank: 51
U Calmar Ratio Rank: 45
U Martin Ratio Rank: 45

GTLB

GTLB Risk / Return Rank: 6
GTLB Sharpe Ratio Rank: 5
GTLB Sortino Ratio Rank: 6
GTLB Omega Ratio Rank: 8
GTLB Calmar Ratio Rank: 9
GTLB Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

U vs. GTLB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unity Software Inc. (U) and GitLab Inc. (GTLB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	U	GTLB	Difference
Sharpe ratio Return per unit of total volatility	0.15	-0.95	+1.10
Sortino ratio Return per unit of downside risk	0.79	-1.46	+2.25
Omega ratio Gain probability vs. loss probability	1.11	0.83	+0.28
Calmar ratio Return relative to maximum drawdown	0.10	-0.89	+1.00
Martin ratio Return relative to average drawdown	0.26	-2.05	+2.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

U vs. GTLB - Sharpe Ratio Comparison

The current U Sharpe Ratio is 0.15, which is higher than the GTLB Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of U and GTLB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	U	GTLB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	-0.95	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.24	-0.40	+0.16

Correlation

The correlation between U and GTLB is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

U vs. GTLB - Dividend Comparison

Neither U nor GTLB has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

U vs. GTLB - Drawdown Comparison

The maximum U drawdown since its inception was -93.07%, which is greater than GTLB's maximum drawdown of -84.45%. Use the drawdown chart below to compare losses from any high point for U and GTLB.

Drawdown Indicators

	U	GTLB	Difference
Max Drawdown Largest peak-to-trough decline	-93.07%	-84.45%	-8.62%
Max Drawdown (1Y) Largest decline over 1 year	-65.37%	-61.91%	-3.46%
Max Drawdown (5Y) Largest decline over 5 years	-93.07%	—	—
Current Drawdown Current decline from peak	-89.09%	-83.47%	-5.62%
Average Drawdown Average peak-to-trough decline	-68.80%	-60.18%	-8.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.87%	26.99%	-1.12%

Volatility

U vs. GTLB - Volatility Comparison

Unity Software Inc. (U) has a higher volatility of 20.97% compared to GitLab Inc. (GTLB) at 13.98%. This indicates that U's price experiences larger fluctuations and is considered to be riskier than GTLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	U	GTLB	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.97%	13.98%	+6.99%
Volatility (6M) Calculated over the trailing 6-month period	64.44%	40.73%	+23.71%
Volatility (1Y) Calculated over the trailing 1-year period	79.66%	56.85%	+22.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.03%	74.60%	+2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.14%	74.60%	+2.54%

Financials

U vs. GTLB - Profitability Comparison

The chart below illustrates the profitability comparison between Unity Software Inc. and GitLab Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

U - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Unity Software Inc. reported a gross profit of 373.85M and revenue of 503.09M. Therefore, the gross margin over that period was 74.3%.

GTLB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, GitLab Inc. reported a gross profit of 225.42M and revenue of 260.40M. Therefore, the gross margin over that period was 86.6%.

U - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Unity Software Inc. reported an operating income of -106.51M and revenue of 503.09M, resulting in an operating margin of -21.2%.

GTLB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, GitLab Inc. reported an operating income of -5.16M and revenue of 260.40M, resulting in an operating margin of -2.0%.

U - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Unity Software Inc. reported a net income of -89.39M and revenue of 503.09M, resulting in a net margin of -17.8%.

GTLB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, GitLab Inc. reported a net income of -2.60M and revenue of 260.40M, resulting in a net margin of -1.0%.