GitLab Inc. (GTLB) Income Statement
GTLB FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsGTLB revenue and net income
Where GTLB's revenue goes
FY2026Each bar shows an amount and its share of revenue. GTLB kept −5.9% of revenue as net income.
GTLB profit margins
GTLB growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +25.8% | +31.1% | +44.4% | — |
| Gross profit | +23.8% | +30.8% | +44.2% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | +29.7% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GTLB quarterly EPS vs estimates
GitLab beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: December 1, 2026 (estimate $-0.09).
GTLB income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Revenue | $955.2M | $759.2M | $579.9M | $424.3M | $252.7M | $152.2M | $81.2M |
| Cost of revenue | $120.7M | $85.1M | $59.7M | $51.7M | $30.0M | $18.5M | $9.4M |
| Gross profit | $834.5M | $674.1M | $520.2M | $372.7M | $222.7M | $133.7M | $71.9M |
| Research & development | $274.6M | $239.7M | $200.8M | $156.1M | $97.2M | $106.6M | $59.4M |
| Sales, general & admin | $630.4M | $577.2M | $506.8M | $427.9M | $254.4M | $241.0M | $140.9M |
| Total operating expenses | $905.0M | $816.8M | $707.6M | $584.1M | $351.6M | $347.6M | $200.2M |
| Operating income | −$70.5M | −$142.7M | −$187.4M | −$211.4M | −$129.0M | −$213.9M | −$128.4M |
| Interest income | $45.7M | $47.7M | $39.1M | $14.5M | $736,000 | $1.1M | $3.6M |
| Interest expense | — | — | — | $42.0M | $736,000 | $24.5M | $1.2M |
| Income before taxes | −$48.1M | −$85.8M | −$164.4M | −$177.8M | −$159.1M | −$189.4M | −$129.5M |
| Income taxes | $10.5M | −$76.7M | $265.1M | $4.0M | −$1.5M | $2.8M | $1.2M |
| Net income | −$56.0M | −$6.3M | −$425.7M | −$173.4M | −$155.1M | −$192.2M | −$130.7M |
| EBITDA | −$36.7M | −$74.8M | −$157.9M | −$172.2M | −$157.9M | −$213.7M | −$128.4M |
| EPS (diluted) | $0.96 | $0.74 | $0.19 | −$0.46 | −$1.78 | −$3.74 | −$0.44 |
| Gross margin | 87.4% | 88.8% | 89.7% | 87.8% | 88.1% | 87.9% | 88.5% |
| Operating margin | −7.4% | −18.8% | −32.3% | −49.8% | −51.0% | −140.6% | −158.0% |
| Net margin | −5.9% | −0.8% | −73.4% | −40.9% | −61.4% | −126.3% | −161.0% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $286.3M | $264.2M | $260.4M | $244.4M | $236.0M | $214.5M | $211.4M | $196.0M | $182.6M | $169.2M | $163.8M | $149.7M |
| Cost of revenue | $45.6M | $37.5M | $35.0M | $32.2M | $28.5M | $25.0M | $22.9M | $22.1M | $21.4M | $18.8M | $16.0M | $15.1M |
| Gross profit | $240.6M | $226.7M | $225.4M | $212.1M | $207.5M | $189.5M | $188.6M | $173.9M | $161.2M | $150.4M | $147.8M | $134.6M |
| Research & development | $95.0M | $71.5M | $69.0M | $68.7M | $71.5M | $65.4M | $62.9M | $61.4M | $61.3M | $54.1M | $52.4M | $49.1M |
| Sales, general & admin | $202.6M | $170.9M | $161.6M | $155.8M | $154.3M | $158.7M | $145.0M | $141.3M | $140.9M | $149.9M | $130.3M | $125.8M |
| Total operating expenses | $297.6M | $242.4M | $230.6M | $224.5M | $225.8M | $224.1M | $207.9M | $202.7M | $202.2M | $204.1M | $182.7M | $174.9M |
| Operating income | −$56.9M | −$15.7M | −$5.2M | −$12.4M | −$18.4M | −$34.6M | −$19.3M | −$28.7M | −$41.0M | −$53.6M | −$34.9M | −$40.3M |
| Interest income | $12.2M | $11.9M | $11.6M | $11.7M | $11.5M | $10.9M | $10.3M | $12.6M | $12.8M | $12.0M | $11.8M | $10.9M |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $7.2M | — |
| Income before taxes | −$39.3M | −$3.5M | $391,000 | −$7.0M | −$7.8M | −$33.7M | −$5.3M | −$11.3M | −$26.9M | −$42.5M | −$35.8M | −$29.6M |
| Income taxes | −$3.2M | $2.0M | $3.9M | $1.8M | $2.2M | $2.5M | −$10.5M | −$39.2M | −$39.2M | $13.0M | $1.8M | $256.8M |
| Net income | −$36.8M | −$5.0M | −$2.6M | −$8.3M | −$9.2M | −$35.9M | $5.8M | $29.1M | $12.9M | −$55.2M | −$36.5M | −$285.2M |
| EBITDA | −$36.0M | −$240,000 | $3.5M | −$4.1M | −$5.0M | −$31.1M | −$2.6M | −$8.2M | −$23.8M | −$40.5M | −$34.2M | −$27.9M |
| EPS (diluted) | −$0.13 | −$0.02 | $0.30 | $0.25 | $0.24 | $0.17 | $0.33 | $0.23 | $0.15 | $0.03 | $0.15 | $0.09 |
| Gross margin | 84.1% | 85.8% | 86.6% | 86.8% | 87.9% | 88.3% | 89.2% | 88.7% | 88.3% | 88.9% | 90.2% | 89.9% |
| Operating margin | −19.9% | −6.0% | −2.0% | −5.1% | −7.8% | −16.1% | −9.1% | −14.7% | −22.5% | −31.7% | −21.3% | −26.9% |
| Net margin | −12.9% | −1.9% | −1.0% | −3.4% | −3.9% | −16.7% | 2.7% | 14.8% | 7.1% | −32.6% | −22.3% | −190.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GTLB's financial statements (latest annual report filed March 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GTLB financial results
In fiscal year 2026 (ended January 31, 2026), GitLab reported revenue of $955.2 million, up 25.8% from the year before. It had a net loss of $56.0 million, a net profit margin of −5.9%. Diluted earnings per share came to $0.96. Over five years revenue grew at an average rate of 44.4% a year.
See the GTLB stock overview for the latest quote and news, or the GTLB chart for price history and technical indicators.
GTLB income statement FAQ
What is GitLab's annual revenue?
GitLab reported total revenue of $955.2 million for fiscal year 2026, which ended on January 31, 2026. That was up 25.8% from $759.2 million the previous year.
Is GitLab profitable?
No. GitLab reported a net loss of $56.0 million in fiscal 2026, a net profit margin of −5.9%; its operating margin was −7.4%.
What is GitLab's gross margin?
GitLab's gross margin was 87.4% in fiscal 2026: for every $100 of revenue, GitLab kept $87 after the direct cost of its products and services.
How much does GitLab spend on research and development?
GitLab spent $274.6 million on research and development in fiscal 2026, 28.7% of revenue.
How fast is GitLab growing?
Revenue grew 44.4% a year on average over the last five fiscal years, from $152.2 million to $955.2 million.
What are GitLab's earnings per share?
GitLab earned $0.96 per diluted share in fiscal 2026, compared with $0.74 a year earlier.
When will GitLab report its next earnings?
GitLab is expected to report results for the quarter ending October 31, 2026 on December 1, 2026 after the market closes.
When does GitLab's fiscal year end?
GitLab's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 17, 2026.