GTLB · Gitlab Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue | $955.22M | $759.25M | $579.91M | $424.34M | $152.18M |
| Cost of Revenue | $120.74M | $85.14M | $59.71M | $51.68M | $18.46M |
| Gross Profit | $834.48M | $674.11M | $520.20M | $372.66M | $133.71M |
| R&D | $274.57M | $239.65M | $200.84M | $156.14M | $106.64M |
| SG&A | $195.66M | $192.88M | $150.41M | $117.93M | $86.87M |
| Total Operating Expenses | $904.96M | $816.82M | $707.64M | $584.07M | $347.60M |
| D&A | $3.28M | $2.86M | $4.37M | $3.23M | $0 |
| Operating Income | ($70.48M) | ($142.72M) | ($187.44M) | ($211.41M) | ($213.88M) |
| Interest Expense | - | - | - | - | - |
| Income Tax | $10.50M | ($76.67M) | $264.06M | $2.90M | $2.83M |
| Net Income | ($55.96M) | ($6.33M) | ($424.17M) | ($172.31M) | ($192.19M) |
| EPS - Basic | ($0.34) | ($0.04) | ($2.75) | ($1.16) | ($3.82) |
| EPS - Diluted | ($0.34) | ($0.04) | ($2.75) | ($1.16) | ($3.82) |
Balance Sheet
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Cash & Equivalents | $229.58M | $227.65M | $288.00M | $295.40M | $343.33M |
| Accounts Receivable | $304.30M | $264.56M | $166.73M | $130.48M | $77.23M |
| Inventory | - | - | - | - | - |
| Accounts Payable | $9.21M | $7.52M | $1.74M | $5.18M | $4.98M |
| Current Assets | $1.66B | $1.34B | $1.28B | $1.12B | $1.05B |
| Total Assets | $1.72B | $1.40B | $1.32B | $1.17B | $1.09B |
| Current Liabilities | $652.14M | $545.03M | $662.07M | $306.30M | $241.60M |
| Long-term Debt | - | - | - | - | - |
| Total Liabilities | $686.50M | $577.96M | $699.93M | $344.48M | $292.17M |
| Stockholders' Equity | $990.67M | $775.91M | $571.17M | $771.02M | $774.87M |
| Retained Earnings | ($1.22B) | ($1.17B) | ($1.15B) | ($725.65M) | ($553.34M) |
Cash Flow
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | $232.86M | ($63.97M) | $35.04M | ($77.41M) | ($73.58M) |
| Investing Cash Flow | ($267.29M) | ($30.49M) | ($86.24M) | ($605.69M) | ($842.0K) |
| Financing Cash Flow | $34.81M | $32.62M | $45.23M | $97.48M | $12.95M |
| CapEx | $10.83M | $3.77M | $1.60M | $6.07M | $0 |
| Free Cash Flow | $222.03M | ($67.74M) | $33.44M | ($83.48M) | ($73.58M) |
Ratios
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 87.4% | 88.8% | 89.7% | 87.8% | 87.9% |
| Operating margin | -7.4% | -18.8% | -32.3% | -49.8% | -140.6% |
| EBITDA margin | -7.0% | -18.4% | -31.6% | -49.1% | -140.6% |
| Net margin | -5.9% | -0.8% | -73.1% | -40.6% | -126.3% |
| Free cash flow margin | 23.2% | -8.9% | 5.8% | -19.7% | -48.4% |
| FCF / Net income | -3.97 | 10.71 | -0.08 | 0.48 | 0.38 |
| R&D / Revenue | 28.7% | 31.6% | 34.6% | 36.8% | 70.1% |
| SG&A / Revenue | 20.5% | 25.4% | 25.9% | 27.8% | 57.1% |
| Effective tax rate | - | - | - | - | - |
| Return on assets | -3.2% | -0.5% | -32.2% | -14.7% | -17.6% |
| Return on equity | -5.6% | -0.8% | -74.3% | -22.3% | -24.8% |
| Return on invested capital | - | - | - | - | - |
| Liquidity | |||||
| Current ratio | 2.54 | 2.45 | 1.93 | 3.65 | 4.35 |
| Quick ratio | 2.54 | 2.45 | 1.93 | 3.65 | 4.35 |
| Cash ratio | 0.35 | 0.42 | 0.43 | 0.96 | 1.42 |
| Leverage | |||||
| Debt / Equity | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - |
| Interest coverage | - | - | - | - | - |
| Equity multiplier | 1.74 | 1.80 | 2.31 | 1.52 | 1.41 |
| Liabilities / Assets | 0.40 | 0.41 | 0.53 | 0.29 | 0.27 |
| Efficiency | |||||
| Asset turnover | 0.55 | 0.54 | 0.44 | 0.36 | 0.14 |
| Inventory turnover | - | - | - | - | - |
| Days sales outstanding | 116d | 127d | 105d | 112d | 185d |
| Days inventory outstanding | - | - | - | - | - |
| Days payable outstanding | 28d | 32d | 11d | 37d | 99d |
| Cash conversion cycle | - | - | - | - | - |
| Valuation | |||||
| P / E | - | - | - | - | - |
| P / B | 5.9x | 15.1x | 19.2x | 9.5x | 4.2x |
| P / S | 6.1x | 15.4x | 18.9x | 17.3x | 21.2x |
| EV / EBITDA | - | - | - | - | - |
| Growth | |||||
| Revenue growth (YoY) | 25.8% | 30.9% | 36.7% | 178.8% | - |
| Revenue CAGR (3y) | 31.1% | 70.9% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | 23.8% | 29.6% | 39.6% | 178.7% | - |
| Operating income growth (YoY) | 50.6% | 23.9% | 11.3% | 1.2% | - |
| Net income growth (YoY) | -784.5% | 98.5% | -146.2% | 10.3% | - |
| EPS growth (YoY) | -750.0% | 98.5% | -137.1% | 69.6% | - |
| EPS CAGR (3y) | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | -13.5% | - |
| FCF CAGR (5y) | - | - | - | - | - |
| Book value growth (YoY) | 27.7% | 35.8% | -25.9% | -0.5% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-31.
Product / service
$1.91B totalSubscription And Software$864.70M · 45.3%
Subscription And Circulation$568.46M · 29.8%
Subscription Software As AService$296.25M · 15.5%
License Professional Services And Other$90.52M · 4.7%
License$68.87M · 3.6%
Professional Services And Other$21.65M · 1.1%
Geographic
$955.22M totalUS$787.35M · 82.4%
Europe$145.64M · 15.2%
Asia Pacific$22.24M · 2.3%
Stability scores
Altman Z′
FY 2026 · bankruptcy risk
0.85
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2026 · 9-point quality
4/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Gitlab Inc. against the 5 most active filers in the same SIC group.