GitLab Inc. (GTLB) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 264.16M | 260.4M | 244.35M | 235.96M | 214.51M | 211.43M | 196.05M | 182.58M | 169.19M | 163.78M | 149.67M | 139.58M | 126.88M | 122.91M | 112.98M | 101.04M | 87.41M | 77.8M | 66.8M | 58.13M |
| Revenue Growth % | 23.15% | 23.16% | 24.64% | 29.23% | 26.79% | 29.1% | 30.99% | 30.81% | 33.35% | 33.25% | 32.47% | 38.14% | 45.16% | 57.99% | 69.13% | 73.83% | - | - | - | - |
| Cost of Goods Sold | 37.49M | 34.98M | 32.22M | 28.5M | 25.04M | 22.87M | 22.13M | 21.37M | 18.78M | 15.99M | 15.08M | 14.7M | 13.94M | 14.24M | 14.56M | 13.03M | 9.85M | 9.17M | 7.2M | 7.19M |
| COGS % of Revenue | 14.19% | 13.43% | 13.19% | 12.08% | 11.67% | 10.82% | 11.29% | 11.7% | 11.1% | 9.76% | 10.08% | 10.53% | 10.99% | 11.58% | 12.89% | 12.9% | 11.27% | 11.79% | 10.77% | 12.37% |
| Gross Profit | 226.67M | 225.42M | 212.13M | 207.46M | 189.47M | 188.56M | 173.92M | 161.21M | 150.41M | 147.79M | 134.58M | 124.89M | 112.94M | 108.67M | 98.42M | 88.01M | 77.56M | 68.62M | 59.6M | 50.94M |
| Gross Margin % | 85.81% | 86.57% | 86.81% | 87.92% | 88.33% | 89.18% | 88.71% | 88.3% | 88.9% | 90.24% | 89.92% | 89.47% | 89.01% | 88.42% | 87.11% | 87.1% | 88.73% | 88.21% | 89.23% | 87.63% |
| Gross Profit Growth % | 19.63% | 19.55% | 21.97% | 28.68% | 25.97% | 27.59% | 29.23% | 29.09% | 33.18% | 36% | 36.75% | 41.9% | 45.62% | 58.36% | 65.12% | 72.79% | - | - | - | - |
| Operating Expenses | 242.42M | 230.58M | 224.49M | 225.81M | 224.08M | 207.9M | 202.65M | 202.22M | 204.05M | 182.67M | 174.85M | 178.94M | 171.17M | 154.94M | 155.38M | 153.31M | 120.43M | 109.18M | 92.15M | 80.77M |
| OpEx % of Revenue | 91.77% | 88.55% | 91.87% | 95.7% | 104.46% | 98.33% | 103.37% | 110.75% | 120.61% | 111.54% | 116.83% | 128.2% | 134.91% | 126.07% | 137.53% | 151.73% | 137.78% | 140.34% | 137.94% | 138.95% |
| Selling, General & Admin | 170.94M | 161.62M | 155.77M | 154.32M | 158.67M | 145.01M | 141.3M | 140.95M | 149.91M | 130.28M | 125.79M | 129.94M | 120.78M | 111.26M | 114.27M | 113.79M | 88.6M | 80.57M | 67.48M | 58.16M |
| SG&A % of Revenue | 64.71% | 62.07% | 63.75% | 65.4% | 73.97% | 68.59% | 72.07% | 77.2% | 88.61% | 79.55% | 84.05% | 93.09% | 95.2% | 90.53% | 101.14% | 112.62% | 101.37% | 103.57% | 101.02% | 100.06% |
| Research & Development | 71.48M | 68.96M | 68.72M | 71.49M | 65.41M | 62.88M | 61.35M | 61.27M | 54.14M | 52.39M | 49.06M | 49.01M | 50.39M | 43.68M | 41.11M | 39.52M | 31.83M | 28.61M | 24.66M | 22.6M |
| R&D % of Revenue | 27.06% | 26.48% | 28.12% | 30.3% | 30.49% | 29.74% | 31.3% | 33.56% | 32% | 31.99% | 32.78% | 35.11% | 39.71% | 35.54% | 36.39% | 39.11% | 36.42% | 36.78% | 36.92% | 38.89% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -15.75M | -5.16M | -12.36M | -18.35M | -34.61M | -19.34M | -28.73M | -41.01M | -53.64M | -34.88M | -40.27M | -54.06M | -58.23M | -46.27M | -56.96M | -65.3M | -42.87M | -40.56M | -32.54M | -29.83M |
| Operating Margin % | -5.96% | -1.98% | -5.06% | -7.78% | -16.13% | -9.15% | -14.66% | -22.46% | -31.7% | -21.3% | -26.9% | -38.73% | -45.9% | -37.65% | -50.42% | -64.63% | -49.05% | -52.13% | -48.71% | -51.32% |
| Operating Income Growth % | 54.5% | 73.3% | 57% | 55.25% | 35.48% | 44.56% | 28.65% | 24.14% | 7.89% | 24.62% | 29.31% | 17.22% | -35.83% | -14.1% | -75.05% | -118.91% | - | - | - | - |
| EBITDA | -3.55M | -2.05M | -9.47M | -15.58M | -32.03M | -16.64M | -25.54M | -37.93M | -51.62M | -33.32M | -38.62M | -52.4M | -56.56M | -44.65M | -55.46M | -63.98M | -41.73M | -39.6M | -32.46M | -29.75M |
| EBITDA Margin % | -1.34% | -0.79% | -3.88% | -6.6% | -14.93% | -7.87% | -13.03% | -20.77% | -30.51% | -20.35% | -25.81% | -37.54% | -44.58% | -36.33% | -49.09% | -63.32% | -47.75% | -50.9% | -48.59% | -51.17% |
| EBITDA Growth % | 88.93% | 87.67% | 62.91% | 58.93% | 37.94% | 50.05% | 33.87% | 27.61% | 8.74% | 25.36% | 30.36% | 18.1% | -35.53% | -12.74% | -70.86% | -115.08% | - | - | - | - |
| D&A (Non-Cash Add-back) | 0 | 3.11M | 2.88M | 2.77M | 2.58M | 2.69M | 3.19M | 3.08M | 2.02M | 1.56M | 1.64M | 1.66M | 1.67M | 1.63M | 1.5M | 1.32M | 1.14M | 957K | 82K | 85K |
| EBIT | -3.55M | 391K | -6.99M | -7.75M | -33.72M | -5.32M | -11.35M | -26.92M | -42.5M | -35.8M | -29.57M | -47.19M | -51.41M | -41.74M | -50.4M | -61.55M | -24.1M | -49.65M | -42.62M | -39.78M |
| Net Interest Income | 11.95M | 11.63M | 11.7M | 11.51M | 10.86M | 10.29M | 12.59M | 12.83M | 12.03M | 11.81M | 10.87M | 9.11M | 7.32M | 6.25M | 4.66M | 3.06M | 526K | 510K | 127K | 45K |
| Interest Income | 11.95M | 11.63M | 11.7M | 11.51M | 10.86M | 10.29M | 12.59M | 12.83M | 12.03M | 11.81M | 10.87M | 9.11M | 7.32M | 6.25M | 4.66M | 3.06M | 526K | 510K | 127K | 45K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 12.2M | 5.55M | 5.37M | 10.6M | 891K | 14.02M | 17.39M | 14.09M | 11.14M | -921K | 10.7M | 6.87M | 6.82M | 4.53M | 6.56M | 3.75M | 18.77M | -9.09M | -10.08M | -9.95M |
| Pretax Income | -3.55M | 391K | -6.99M | -7.75M | -33.72M | -5.32M | -11.35M | -26.92M | -42.5M | -35.8M | -29.57M | -47.19M | -51.41M | -41.74M | -50.4M | -61.55M | -24.1M | -49.65M | -42.62M | -39.78M |
| Pretax Margin % | -1.34% | 0.15% | -2.86% | -3.28% | -15.72% | -2.51% | -5.79% | -14.74% | -25.12% | -21.86% | -19.76% | -33.81% | -40.52% | -33.96% | -44.61% | -60.92% | -27.57% | -63.81% | -63.81% | -68.43% |
| Income Tax | 2.03M | 3.9M | 1.81M | 2.25M | 2.54M | -10.54M | -39.15M | -39.16M | 12.98M | 1.77M | 256.79M | 4.02M | 1.49M | 379K | 65K | -57K | 2.51M | -2.88M | -875K | 989K |
| Effective Tax Rate % | -57.29% | 998.47% | -25.92% | -28.96% | -7.53% | 198.33% | 345.04% | 145.46% | -30.53% | -4.94% | -868.5% | -8.51% | -2.89% | -0.91% | -0.13% | 0.09% | -10.42% | 5.8% | 2.05% | -2.49% |
| Net Income | -4.97M | -2.6M | -8.28M | -9.21M | -35.88M | 5.8M | 29.1M | 12.91M | -55.23M | -36.47M | -285.16M | -50.08M | -52.47M | -38.73M | -48.45M | -59.02M | -26.1M | -45.78M | -41.23M | -40.19M |
| Net Margin % | -1.88% | -1% | -3.39% | -3.9% | -16.72% | 2.75% | 14.84% | 7.07% | -32.65% | -22.27% | -190.53% | -35.88% | -41.35% | -31.51% | -42.89% | -58.42% | -29.86% | -58.85% | -61.72% | -69.14% |
| Net Income Growth % | 86.14% | -144.75% | -128.44% | -171.31% | 35.05% | 115.92% | 110.21% | 125.78% | -5.27% | 5.85% | -488.5% | 15.15% | -101.04% | 15.4% | -17.53% | -46.87% | - | - | - | - |
| Net Income (Continuing) | -5.58M | -3.51M | -8.8M | -10M | -36.26M | 5.23M | 27.8M | 12.24M | -55.48M | -37.57M | -286.36M | -51.21M | -52.9M | -42.12M | -50.47M | -61.5M | -26.61M | -46.76M | -41.75M | -40.77M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 46.18M | 45.58M | 45.28M | 45.03M | 44.32M | 45.4M | 45.52M | 45.16M | 46.52M | 46.62M | 46.62M | 47.58M | 50.11M | 53.7M | 51.13M | 51.83M | 36.11M | 24.4M | 25.01M | 25.53M |
| EPS (Diluted) | -0.03 | -0.02 | -0.05 | -0.06 | -0.22 | 0.06 | 0.18 | 0.08 | -0.35 | -0.24 | -1.84 | -0.33 | -0.35 | -0.28 | -0.33 | -0.40 | -0.18 | -0.32 | -0.29 | -0.28 |
| EPS Growth % | 86.36% | -125.67% | -127.78% | -169.38% | 37.14% | 125% | 109.78% | 124.24% | 0% | 14.29% | -457.58% | 17.5% | -94.44% | 12.5% | -13.79% | -42.86% | - | - | - | - |
| EPS (Basic) | -0.03 | -0.02 | -0.05 | -0.06 | -0.22 | 0.07 | 0.18 | 0.08 | -0.35 | -0.24 | -1.84 | -0.33 | -0.35 | -0.28 | -0.33 | -0.40 | -0.18 | -0.32 | -0.29 | -0.28 |
| Diluted Shares Outstanding | 169.95M | 165.8M | 165.97M | 165.95M | 164.49M | 170.09M | 164.25M | 166.35M | 158.16M | 156.6M | 155.12M | 153.64M | 151.69M | 150.13M | 148.88M | 147.8M | 146.64M | 144.93M | 144.55M | 143.01M |
| Basic Shares Outstanding | 169.95M | 165.8M | 165.97M | 165.95M | 164.49M | 163.06M | 164.25M | 159.68M | 158.16M | 156.6M | 155.12M | 153.64M | 151.69M | 150.13M | 148.88M | 147.8M | 146.64M | 144.93M | 144.55M | 143.01M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |