NASDAQ : GTLB
GitLab Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 54.09 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 9.01B
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Financial statements
GitLab Inc. (GTLB) reported revenue of 1.06B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 1.06B | 955.22M | 759.25M | 579.91M | 424.34M | 252.65M |
| Cost of Revenue | 148.77M | 120.59M | 85.14M | 59.24M | 51.68M | 29.98M |
| Gross Profit | 906.39M | 834.63M | 674.11M | 520.66M | 372.66M | 222.67M |
| Selling, General & Admin | 675.77M | 628.00M | 570.82M | 501.35M | 427.92M | 254.41M |
| Research & Development | 294.49M | 274.57M | 239.26M | 198.72M | 156.14M | 97.22M |
| Operating Expenses | 970.26M | 902.57M | 810.08M | 700.07M | 584.07M | 351.62M |
| Operating Income | -63.87M | -67.94M | -135.97M | -179.41M | -211.41M | -128.96M |
| Interest & Investment Income | 47.48M | 45.71M | 47.73M | 39.11M | 14.50M | 736.00K |
| Earnings From Equity Investments | -3.82M | -2.47M | ||||
| Currency Exchange Gain (Loss) | -6.04M | -19.46M | 9.42M | -2.87M | 5.13M | -29.14M |
| Other Non Operating Income (Expenses) | -707.00K | -3.83M | -229.00K | -512.00K | -1.31M | -1.71M |
| EBT Excluding Unusual Items | -23.14M | -45.52M | -79.05M | -147.51M | -195.56M | -159.07M |
| Merger & Restructuring Charges | -25.83M | -2.55M | -3.00M | -8.03M | ||
| Gain (Loss) on Sale of Investments | -8.86M | |||||
| Gain (Loss) on Sale of Assets | 17.80M | |||||
| Other Unusual Items | -500.00K | -3.75M | ||||
| Pretax Income | -49.47M | -48.06M | -85.79M | -164.39M | -177.76M | -159.07M |
| Income Tax Expense | 4.55M | 10.50M | -76.67M | 265.14M | 4.03M | -1.51M |
| Earnings From Continuing Operations | -54.02M | -58.56M | -9.12M | -429.54M | -181.79M | -157.56M |
| Minority Interest in Earnings | 1.33M | 2.61M | 2.79M | 3.86M | 8.38M | 2.42M |
| Net Income | -52.69M | -55.96M | -6.33M | -425.68M | -173.41M | -155.14M |
| Net Income to Common | -52.69M | -55.96M | -6.33M | -425.68M | -173.41M | -155.14M |
| Shares Outstanding (Basic) | 168.83M | 166.79M | 160.58M | 154.28M | 148.41M | 79.75M |
| Shares Outstanding (Diluted) | 168.83M | 166.79M | 160.58M | 154.28M | 148.41M | 79.75M |
| EPS (Basic) | -0.31 | -0.34 | -0.04 | -2.76 | -1.17 | -1.95 |
| EPS (Diluted) | -0.31 | -0.34 | -0.04 | -2.76 | -1.17 | -1.95 |
| Free Cash Flow | 213.67M | 222.03M | -75.40M | 33.44M | -83.48M | -53.35M |
| Free Cash Flow Per Share | 1.27 | 1.33 | -0.47 | 0.22 | -0.56 | -0.67 |
| Gross Margin | 85.90% | 87.38% | 88.79% | 89.78% | 87.82% | 88.13% |
| Operating Margin | -6.05% | -7.11% | -17.91% | -30.94% | -49.82% | -51.04% |
| Profit Margin | -4.99% | -5.86% | -0.83% | -73.40% | -40.87% | -61.40% |
| Free Cash Flow Margin | 20.25% | 23.24% | -9.93% | 5.77% | -19.67% | -21.12% |
| EBITDA | -59.41M | -64.79M | -133.18M | -175.18M | -208.22M | -128.45M |
| EBITDA Margin | -5.63% | -6.78% | -17.54% | -30.21% | -49.07% | -50.84% |
| D&A For EBITDA | 4.46M | 3.15M | 2.79M | 4.24M | 3.19M | 508.00K |
| EBIT | -63.87M | -67.94M | -135.97M | -179.41M | -211.41M | -128.96M |
| EBIT Margin | -6.05% | -7.11% | -17.91% | -30.94% | -49.82% | -51.04% |
| Revenue as Reported | 1.06B | 955.22M | 759.25M | 579.91M | 424.34M | 252.65M |
| Advertising Expenses | 34.80M | 34.50M | 32.50M | 27.30M | 21.40M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 226.49M | 229.58M | 227.65M | 288.00M | 295.40M | 884.67M |
| Short-Term Investments | 1.03B | 1.03B | 764.73M | 748.29M | 641.25M | 50.03M |
| Cash & Short-Term Investments | 1.26B | 1.26B | 992.38M | 1.04B | 936.65M | 934.70M |
| Accounts Receivable | 259.34M | 308.82M | 267.00M | 168.64M | 132.01M | 77.23M |
| Other Receivables | 12.43M | 7.84M | 9.82M | 2.31M | 49.00K | |
| Receivables | 259.34M | 321.25M | 274.84M | 178.46M | 134.32M | 77.28M |
| Prepaid Expenses | 39.14M | 27.86M | 18.55M | 36.09M | 15.73M | 14.25M |
| Restricted Cash | 2.50M | |||||
| Other Current Assets | 39.59M | 46.76M | 50.55M | 33.62M | 28.76M | 25.61M |
| Total Current Assets | 1.60B | 1.66B | 1.34B | 1.28B | 1.12B | 1.05B |
| Property, Plant & Equipment | 11.09M | 8.87M | 4.00M | 3.36M | 6.79M | 3.27M |
| Long-Term Investments | 12.68M | |||||
| Goodwill | 17.45M | 17.38M | 16.14M | 8.14M | 8.14M | 8.14M |
| Other Intangible Assets | 5.74M | 12.72M | 17.85M | 2.07M | 4.50M | 7.25M |
| Long-Term Deferred Charges | 27.43M | 23.70M | 20.14M | 19.32M | 15.63M | 14.74M |
| Other Long-Term Assets | 5.06M | 4.29M | 4.82M | 4.05M | 3.49M | 6.18M |
| Total Assets | 1.66B | 1.72B | 1.40B | 1.32B | 1.17B | 1.09B |
| Accounts Payable | 9.96M | 9.21M | 7.52M | 1.74M | 5.18M | 4.98M |
| Accrued Expenses | 98.51M | 79.22M | 75.26M | 60.11M | 39.19M | 52.03M |
| Current Portion of Leases | 410.00K | 716.00K | ||||
| Current Income Taxes Payable | 16.42M | 13.11M | 269.93M | 859.00K | 319.00K | |
| Current Unearned Revenue | 553.84M | 545.10M | 442.60M | 338.35M | 254.38M | 179.22M |
| Other Current Liabilities | 2.20M | 6.54M | 6.63M | 5.96M | 5.05M | |
| Total Current Liabilities | 662.31M | 652.14M | 545.03M | 677.16M | 306.30M | 241.60M |
| Long-Term Leases | 413.00K | |||||
| Long-Term Unearned Revenue | 20.83M | 26.99M | 26.37M | 23.79M | 28.36M | 32.57M |
| Long-Term Deferred Tax Liabilities | 10.56M | 849.00K | 379.00K | |||
| Other Long-Term Liabilities | 7.21M | 7.36M | 6.56M | 3.50M | 8.56M | 17.62M |
| Total Liabilities | 690.35M | 686.50M | 577.96M | 715.01M | 344.48M | 292.17M |
| Additional Paid-In Capital | 2.19B | 2.21B | 1.95B | 1.72B | 1.50B | 1.32B |
| Retained Earnings | -1.27B | -1.22B | -1.17B | -1.16B | -725.65M | -553.34M |
| Comprehensive Income & Other | 460.00K | 6.88M | -8.51M | 2.40M | -705.00K | 7.72M |
| Total Common Equity | 925.53M | 990.67M | 775.91M | 559.77M | 771.02M | 774.87M |
| Minority Interest | 45.96M | 45.58M | 45.40M | 46.62M | 53.70M | 24.40M |
| Shareholders' Equity | 971.49M | 1.04B | 821.31M | 606.39M | 824.73M | 799.27M |
| Total Liabilities & Equity | 1.66B | 1.72B | 1.40B | 1.32B | 1.17B | 1.09B |
| Total Debt | 410.00K | 1.13M | ||||
| Net Cash (Debt) | 1.26B | 1.26B | 992.38M | 1.04B | 935.52M | 934.70M |
| Net Cash Per Share | 7.45 | 7.55 | 6.18 | 6.71 | 6.30 | 11.72 |
| Filing Date Shares Outstanding | 166.60M | 170.10M | 164.00M | 158.60M | 151.80M | 147.60M |
| Total Common Shares Outstanding | 167.28M | 170.07M | 163.91M | 157.56M | 151.14M | 146.89M |
| Working Capital | 932.74M | 1.00B | 791.29M | 607.30M | 811.67M | 810.24M |
| Book Value Per Share | 5.53 | 5.83 | 4.73 | 3.55 | 5.10 | 5.28 |
| Tangible Book Value | 902.34M | 960.57M | 741.92M | 549.56M | 758.38M | 759.47M |
| Tangible Book Value Per Share | 5.39 | 5.65 | 4.53 | 3.49 | 5.02 | 5.17 |
| Machinery | 13.39M | 6.77M | 9.18M | 8.58M | 3.05M | |
| Leasehold Improvements | 1.15M | 1.21M | 765.00K |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -52.69M | -55.96M | -6.33M | -425.68M | -173.41M | -155.14M |
| Depreciation & Amortization | 4.46M | 3.15M | 2.79M | 4.24M | 3.19M | 508.00K |
| Other Amortization | 59.32M | 63.09M | 57.91M | 45.76M | 47.36M | 34.07M |
| Loss (Gain) From Sale of Assets | -17.80M | |||||
| Loss (Gain) From Sale of Investments | -3.29M | -8.21M | -16.75M | -11.49M | -6.08M | |
| Loss (Gain) on Equity Investments | 3.82M | 3.19M | ||||
| Stock-Based Compensation | 229.91M | 214.95M | 185.90M | 163.05M | 122.57M | 30.01M |
| Other Operating Activities | 10.04M | 24.29M | 4.19M | 13.00M | -12.91M | 18.16M |
| Change in Accounts Receivable | -59.47M | -35.72M | -99.65M | -36.34M | -54.17M | -38.22M |
| Change in Accounts Payable | -746.00K | 1.61M | 5.50M | -3.44M | 287.00K | 1.88M |
| Change in Unearned Revenue | 88.26M | 93.28M | 108.74M | 79.35M | 73.00M | 79.07M |
| Change in Other Net Operating Assets | -52.50M | -67.63M | -306.29M | 202.77M | -62.64M | -20.15M |
| Operating Cash Flow | 223.29M | 232.86M | -63.97M | 35.04M | -77.41M | -49.81M |
| Capital Expenditures | -9.62M | -10.83M | -11.43M | -1.60M | -6.07M | -3.54M |
| Cash Acquisitions | -20.21M | -323.00K | ||||
| Divestitures | -9.62M | |||||
| Investment in Securities | -124.59M | -256.46M | 684.00K | -81.69M | -590.00M | -50.03M |
| Other Investing Activities | 457.00K | -2.95M | ||||
| Investing Cash Flow | -134.20M | -267.29M | -30.49M | -86.24M | -605.69M | -53.90M |
| Issuance of Common Stock | 32.32M | 35.76M | 37.52M | 45.23M | 38.89M | 679.99M |
| Repurchase of Common Stock | -156.54M | -945.00K | -590.00K | |||
| Other Financing Activities | -4.90M | 58.59M | 21.78M | |||
| Financing Cash Flow | -124.21M | 34.81M | 32.62M | 45.23M | 97.48M | 701.18M |
| Foreign Exchange Rate Adjustments | 247.00K | 1.55M | 1.50M | -3.94M | -3.66M | 6.85M |
| Net Cash Flow | -34.88M | 1.93M | -60.35M | -9.91M | -589.27M | 604.32M |
| Free Cash Flow | 213.67M | 222.03M | -75.40M | 33.44M | -83.48M | -53.35M |
| Free Cash Flow Margin | 20.25% | 23.24% | -9.93% | 5.77% | -19.67% | -21.12% |
| Free Cash Flow Per Share | 1.27 | 1.33 | -0.47 | 0.22 | -0.56 | -0.67 |
| Levered Free Cash Flow | 286.03M | 283.07M | -77.29M | 403.62M | 34.73M | 43.37M |
| Unlevered Free Cash Flow | 286.03M | 283.07M | -77.29M | 403.62M | 34.73M | 43.37M |
| Cash Income Tax Paid | 11.72M | 2.29M | 190.83M | 6.90M | 838.00K | 1.31M |
| Change in Working Capital | -24.46M | -8.46M | -291.69M | 242.33M | -43.52M | 22.57M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 9.01B | 5.89B | 11.81B | 11.07B | 7.39B | 9.27B |
| Enterprise Value | 7.76B | 4.73B | 10.94B | 10.13B | 6.52B | 8.37B |
| Last Close Price | 54.09 | 34.98 | 72.76 | 71.11 | 49.41 | 64.01 |
| Forward PE | 61.93 | 36.18 | 92.64 | 218.13 | ||
| PS Ratio | 8.54 | 6.17 | 15.55 | 19.09 | 17.43 | 36.68 |
| PB Ratio | 9.78 | 5.68 | 14.38 | 18.26 | 8.97 | 11.60 |
| P/TBV Ratio | 9.99 | 6.13 | 15.92 | 20.15 | 9.75 | 12.20 |
| P/FCF Ratio | 42.18 | 26.53 | 331.08 | |||
| P/OCF Ratio | 40.36 | 25.29 | 315.98 | |||
| PEG Ratio | 2.12 | 1.08 | 2.49 | 7.27 | ||
| EV/Sales Ratio | 7.35 | 4.95 | 14.41 | 17.47 | 15.36 | 33.12 |
| EV/FCF Ratio | 36.29 | 21.31 | 302.89 | |||
| Debt / Equity Ratio | 0.00 | 0.00 | ||||
| Debt / FCF Ratio | 0.01 | |||||
| Net Debt / Equity Ratio | -1.29 | -1.22 | -1.21 | -1.71 | -1.13 | -1.17 |
| Net Debt / EBITDA Ratio | 21.16 | 19.45 | 7.45 | 5.91 | 4.49 | 7.28 |
| Net Debt / FCF Ratio | -5.88 | -5.67 | 13.16 | -30.98 | 11.21 | 17.52 |
| Asset Turnover | 0.67 | 0.61 | 0.56 | 0.47 | 0.38 | 0.35 |
| Quick Ratio | 2.29 | 2.42 | 2.33 | 1.79 | 3.50 | 4.19 |
| Current Ratio | 2.41 | 2.54 | 2.45 | 1.90 | 3.65 | 4.35 |
| Return on Equity (ROE) | -5.74% | -6.30% | -1.28% | -60.03% | -22.39% | -31.74% |
| Return on Assets (ROA) | -2.53% | -2.72% | -6.25% | -9.00% | -11.69% | -11.09% |
| Return on Capital Employed (ROCE) | -6.40% | -6.30% | -15.90% | -27.80% | -24.50% | -15.20% |
| Earnings Yield | -0.58% | -0.95% | -0.05% | -3.84% | -2.34% | -1.67% |
| FCF Yield | 2.37% | 3.77% | -0.64% | 0.30% | -1.13% | -0.58% |
| Buyback Yield / Dilution | -3.13% | -3.87% | -4.08% | -3.96% | -86.08% | -58.42% |