GitLab GTLB
Public, NASDAQ, reports in USD. Founded 2011.
Theme: Cloud.
Developer Tools.
2025-08-01 — Follow closely, only M&A
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 955m USD | 25.8 % | 87.4 % | 28.7 % | -70m USD | -7.4 % | -56m USD | -0.34 | 18.4 | |
| 2025 | 759m USD | 30.9 % | 88.8 % | 31.6 % | -143m USD | -18.8 % | -6.3m USD | -0.02 | 12.1 | |
| 2024 | 580m USD | -0.0 % | 89.7 % | 34.6 % | -187m USD | -32.3 % | -426m USD | -2.75 | -32.3 | |
| 2023 | 580m USD | 36.8 % | 91.1 % | 34.7 % | -187m USD | -32.2 % | -173m USD | -1.16 | 4.6 | |
| 2022 | 424m USD | – | – | – | – | – | – | – | – | |
| 2027-Q2 | 286m USD | 21.3 % | 84.1 % | 33.2 % | -57m USD | -19.9 % | -37m USD | -0.22 | 1.4 | |
| 2027-Q1 | 264m USD | – | 85.8 % | 27.1 % | -16m USD | -6.0 % | -5.0m USD | -0.03 | – | |
| 2026-Q4 | 260m USD | – | 86.6 % | 26.5 % | -5.2m USD | -2.0 % | -2.6m USD | -0.02 | – | |
| 2026-Q3 | 244m USD | – | 86.8 % | 28.1 % | -12m USD | -5.1 % | -8.3m USD | -0.05 | – | |
| 2026-Q2 | 236m USD | – | 87.9 % | 30.3 % | -18m USD | -7.8 % | -9.2m USD | -0.06 | – |
Sources
- 2026: yfinance
- 2025: yfinance
- 2024: yfinance
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2027-Q2: yfinance
- 2027-Q1: yfinance
- 2026-Q4: yfinance
- 2026-Q3: yfinance
- 2026-Q2: yfinance
Latest quarter 2027-Q2, ended 2026-07-31, vs 2026-Q2
| 2027-Q2 | 2026-Q2 | change | |
|---|---|---|---|
| Revenue | 286m USD | 236m USD | +50m (+21 %) |
| Op. margin | -19.9 % | -7.8 % | -12.1 pts |
| FCF | -3.3m USD | 46m USD | -50m |
| Op. income | -57m USD | ||
| Net income | -37m USD | ||
| EPS (diluted) | -0.22 |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | 233m USD | 11m USD | 222m USD | 23.2 % | – | – | – | – | 0.4m USD |
| 2025 | -64m USD | 3.8m USD | -68m USD | -8.9 % | – | – | – | – | -62m USD |
| 2024 | 35m USD | 1.6m USD | 33m USD | 5.8 % | – | – | – | – | -6.0m USD |
| 2023 | -77m USD | 6.1m USD | -83m USD | -14.4 % | – | – | – | – | -586m USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 49.53 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 8.3bn USD | 2026-09-15 | |
| 52w high | 55.55 USD | 2026-09-15 | |
| 52w low | 18.73 USD | 2026-09-15 | |
| Off 52w high % | -10.8 % | ||
| P/S | 8.6 | ||
| Lifetime CAGR | -0.3 % |
Notes
- 2025-08-01 opinion Follow closely, only M&A