GitLab (GTLB) Financial Statements & Analysis

GitLab (GTLB) Income Statement

GitLab reported revenue of $955.22M in fiscal 2026 (fiscal year ended Jan 31, 2026), up 25.8% from $759.25M a year earlier. GitLab posted a net loss of $55.96M, compared with a net loss of $6.33M a year earlier. Gross margin was 87.4% and operating margin -7.4%. In the most recent quarter, Q2 fiscal 2027 (ended Jul 31, 2026), revenue was $286.25M, up 21.3% from the same quarter a year earlier.

GitLab Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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GitLab Inc. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020
Revenue & Gross Profit
Revenue	955.22	759.25	579.91	424.34	252.65	152.18	81.23
Cost of Revenue	120.59	85.14	59.71	51.68	29.99	18.46	9.38
Gross Profit	834.48	674.11	520.20	372.66	222.67	133.71	71.85
Operating Expenses
Research & Development	274.57	239.65	200.84	156.14	97.22	106.64	59.36
Selling, General & Administrative	628.00	577.17	506.80	427.92	254.41	240.95	140.85
Operating Expenses	904.96	816.82	707.64	584.07	351.63	347.60	200.22
Operating Income	-70.48	-142.72	-187.44	-211.41	-128.96	-213.88	-128.37
Other Income/Expense
Interest Income	45.71	47.74	39.11	14.50	0.74	1.07	3.63
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	22.42	56.92	23.05	21.62	-30.11	0.03	-1.17
Income
Income Before Tax	-48.07	-85.79	-164.39	-175.29	-159.07	-189.36	-129.54
Income Tax Expense	10.50	-76.67	265.15	4.03	-1.51	2.83	1.20
Net Income	-55.96	-6.33	-425.68	-173.41	-155.14	-192.19	-130.74
Net Income - Continuous Operations	-55.96	-6.33	-425.68	-181.79	-155.14	-192.19	-130.74
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	-64.79	-74.81	-157.86	-205.82	-157.86	-213.86	-128.37
EBIT	-67.94	-142.72	-179.41	-211.41	-128.96	-213.88	-
Depreciation & Amortization	11.35	10.99	6.54	5.59	1.21	0.02	0.00
Earnings Per Share
Basic EPS	-	-	-3.00	-1.00	-1.00	-4.00	-1.00
Diluted EPS	-	-	-3.00	-1.00	-1.00	-4.00	-1.00
Basic Shares Outstanding	166.79	160.58	154.28	148.41	144.74	50.34	132.49
Diluted Shares Outstanding	166.79	160.58	154.28	148.41	144.74	50.34	132.49

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About GitLab Financial Statements

What was GitLab's revenue in fiscal 2026?

GitLab reported revenue of $955.22M in fiscal 2026 (fiscal year ended Jan 31, 2026). That was up 25.8% from $759.25M a year earlier.

Is GitLab profitable?

No. GitLab reported a net loss of $55.96M in fiscal 2026. In fiscal 2025 it lost $6.33M.

What is GitLab's operating margin?

GitLab's operating income was −$70.48M on revenue of $955.22M in fiscal 2026, an operating margin of -7.4%, compared with -18.8% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition