GitLab Inc. logo GTLB - GitLab Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 13
HOLD 15
SELL 2
STRONG
SELL
0
| PRICE TARGET: $34.63 DETAILS
HIGH: $60.00
LOW: $24.00
MEDIAN: $30.50
CONSENSUS: $34.63
UPSIDE: 29.55%
Metric 2026 Q4 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Revenue
Revenue 260.4 244.4 236.0 214.5 211.4 196.0 182.6 169.2 163.8 149.7 139.6 126.9 122.9 113.0 101.0 87.4 77.8 66.8 58.1 49.9 46.1 42.2 34.4 29.5
Cost of Revenue 35.0 32.2 28.5 25.0 22.9 22.1 21.4 18.8 16.0 15.1 14.7 13.9 14.2 14.6 13.0 9.8 9.2 7.2 7.2 6.4 6.2 4.6 3.8 3.8
Gross Profit 225.4 212.1 207.5 189.5 188.6 173.9 161.2 150.4 147.8 134.6 124.9 112.9 108.7 98.4 88.0 77.6 68.6 59.6 50.9 43.5 39.9 37.5 30.6 25.7
Operating Expenses
R&D Expenses 69.0 68.7 71.5 65.4 62.9 61.4 61.3 54.1 52.4 49.1 49.0 50.4 43.7 41.1 39.5 31.8 28.6 24.7 22.6 21.3 48.7 19.0 19.8 19.1
SG&A Expenses 161.6 155.8 154.3 158.7 145.0 141.3 140.9 149.9 130.3 125.8 129.9 120.8 111.3 114.3 113.8 88.6 80.6 67.5 58.2 48.2 119.7 42.9 39.6 38.7
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 230.6 224.5 225.8 224.1 207.9 202.7 202.2 204.1 182.7 174.9 178.9 171.2 154.9 155.4 153.3 120.4 109.2 92.1 80.8 69.5 168.4 62.0 59.4 57.8
Operating Income
Operating Income (5.2) (12.4) (18.4) (34.6) (19.3) (28.7) (41.0) (53.6) (34.9) (40.3) (54.1) (58.2) (46.3) (57.0) (65.3) (42.9) (40.6) (32.5) (29.8) (26.0) (128.5) (24.5) (28.9) (32.1)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 11.6 11.7 11.5 10.9 10.3 12.6 12.8 12.0 11.8 10.9 9.1 7.3 6.2 4.7 3.1 0.5 0.5 0.1 0.0 0.1 0.1 0.1 0.1 0.8
Profitability
EBITDA (2.1) (9.5) (15.6) (32.0) (16.6) (25.5) (37.9) (51.6) (33.3) (38.6) (52.4) (56.6) (44.6) (55.5) (64.0) (41.7) (39.6) (32.5) (29.7) (25.9) (128.4) (24.4) (28.9) (32.1)
EBIT (5.2) (12.4) (18.4) (34.6) (19.3) (28.7) (41.0) (53.6) (34.9) (40.3) (54.1) (58.2) (46.3) (57.0) (65.3) (42.9) (40.6) (32.5) (29.8) (26.0) (128.5) (24.5) (28.9) (32.1)
Income Before Tax 0.4 (7.0) (7.8) (33.7) (5.3) (11.3) (26.9) (42.5) (35.8) (29.6) (47.2) (51.4) (41.7) (50.4) (61.6) (24.1) (49.6) (42.6) (39.8) (27.0) (118.4) (28.4) (8.8) (33.8)
Income Tax Expense 3.9 1.8 2.2 2.5 (10.5) (39.2) (39.2) 13.0 1.8 256.8 4.0 1.5 0.4 0.1 (0.1) 2.5 (2.9) (0.9) 1.0 1.3 1.6 0.2 0.6 0.4
Net Income (2.6) (8.3) (9.2) (35.9) 5.8 29.1 12.9 (55.2) (36.5) (285.2) (50.1) (52.5) (38.7) (48.5) (59.0) (26.1) (45.8) (41.2) (40.2) (27.9) (120.0) (28.6) (9.4) (34.2)
Per Share Data
EPS (Basic) -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 -0.21 -0.91 -0.22 -0.07 -0.26
EPS (Diluted) -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 -0.21 -0.91 -0.22 -0.07 -0.26
Shares Outstanding 165.8 166.0 166.0 164.5 163.1 164.2 159.7 158.2 156.6 155.1 153.6 151.7 150.1 148.9 147.8 146.6 144.9 144.5 143.0 132.5 132.5 132.5 132.5 132.5
Metric 2026 Q4 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2
Current Assets
Cash & Cash Equivalents 229.6 224.2 261.4 255.7 227.6 176.6 438.6 420.3 288.0 285.3 273.2 315.9 295.4 372.2 410.8 887.5 884.7 824.7 276.3
Short-Term Investments 1,030.3 980.1 903.8 849.1 764.7 740.3 644.5 641.2 748.3 704.3 713.1 621.7 641.2 555.6 519.4 47.3 50.0 100.0 0
Net Receivables 304.3 221.1 197.8 201.4 278.5 197.6 165.0 135.2 178.5 143.0 111.2 128.2 134.3 99.1 89.3 68.0 77.2 57.0 46.8
Inventory 0 0 0 0 0 0 0 0 0 27.2 0 0 0 0 0 0 39.6 0 0
Other Current Assets 91.6 81.5 73.2 74.5 40.3 77.6 66.3 31.0 33.3 1.5 31.9 32.6 30.8 33.3 28.5 24.9 (14.9) 1.0 20.8
Total Current Assets 1,655.8 1,506.9 1,436.2 1,380.8 1,336.3 1,192.2 1,314.4 1,263.0 1,284.5 1,182.3 1,143.2 1,115.2 1,118.0 1,069.4 1,064.0 1,044.2 1,051.8 992.5 350.7
Non-Current Assets
Property, Plant & Equipment 11.8 10.2 8.0 5.2 4.4 4.0 3.4 3.4 3.4 4.2 4.8 6.2 6.8 5.6 5.5 4.3 3.3 0 0
Goodwill 17.4 16.9 16.6 16.0 16.1 16.1 16.0 16.1 8.1 8.1 8.1 8.1 8.1 8.1 8.1 8.1 8.1 0 0
Intangible Assets 9.8 11.8 13.8 15.8 17.8 19.5 21.9 16.6 1.7 2.3 2.8 3.3 3.9 4.5 5.1 5.7 6.3 0.5 0.6
Long-Term Investments 0 0 0 0 0 0 0 0 0 9.6 10.6 11.7 12.7 13.6 14.6 15.6 0 0 0
Other Non-Current Assets 28 25.0 23.5 24.2 24.6 20.8 20.6 22.5 23.7 5.2 4.9 19.5 10.0 19.0 18.2 20.9 14.4 35.8 15.1
Total Non-Current Assets 67.0 63.9 62.0 61.2 62.9 60.5 61.9 58.6 36.9 44.6 45.8 48.9 51.2 50.9 51.4 54.7 39.6 36.3 15.7
Total Assets 1,722.7 1,570.8 1,498.2 1,442.0 1,399.3 1,252.6 1,376.3 1,321.6 1,321.4 1,226.9 1,189.1 1,164.1 1,169.2 1,120.2 1,115.4 1,099.0 1,091.4 1,028.8 366.4
Current Liabilities
Account Payables 9.2 9.2 11.4 11.3 7.5 2.2 3.2 3.2 1.7 5.0 4.2 3.0 5.2 6.2 5.4 5.7 5.0 4.9 1.9
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 545.1 464.8 459.5 450.7 442.6 383.2 362.3 341.8 338.3 287.6 268.9 263.4 254.4 217.8 201.3 188.1 179.2 147.4 126.0
Other Current Liabilities 58.2 58.4 82.5 28.1 3.0 32.7 11.5 35.3 6.4 1.5 30.0 25.0 24.4 23.6 21.2 26.5 17.7 9.2 10.1
Total Current Liabilities 652.1 565.8 553.4 556.4 545.0 464.5 666.8 674.5 677.2 585.9 321.2 311.1 306.3 264.5 246.7 234.6 241.6 178.9 151.5
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0.0 0 0 0 10.6 17.1 0.8 0.9 0.8 1.0 1.7 2.7 0.4 0 0
Other Non-Current Liabilities 34.4 8.1 7.5 7.0 6.4 3.8 6.7 17.5 3.5 7.6 9.9 8.0 8.6 11.1 12.3 15.5 17.6 12.9 437.8
Total Non-Current Liabilities 34.4 37.0 33.2 33.0 32.9 17.9 21.4 32.7 37.9 47.8 36.6 37.5 38.2 41.1 38.4 46.2 50.6 40.5 465.4
Total Liabilities 686.5 602.8 586.6 589.4 578.0 482.4 688.3 707.3 715.0 633.7 357.8 348.5 344.5 305.6 285.1 280.8 292.2 219.4 616.9
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings (1,223.6) (1,221.0) (1,212.7) (1,203.5) (1,167.6) (1,162.0) (1,191.5) (1,204.5) (1,161.3) (1,113.4) (828.2) (778.1) (725.6) (686.9) (638.5) (579.4) (553.3) (507.6) (466.3)
Accumulated Other Comprehensive Income 6.9 2.0 (1.5) (1.5) (8.5) (5.0) 0.6 3.4 2.4 1.5 1.8 1.0 (0.7) (2.9) 3.5 6.3 7.7 (0.8) (10.5)
Total Stockholders' Equity 990.7 922.7 866.6 808.3 775.9 724.7 642.8 567.8 559.8 546.6 783.7 765.5 771.0 763.6 778.5 782.1 774.9 784.4 (276.0)
Total Liabilities & Equity 1,722.7 1,570.8 1,498.2 1,442.0 1,399.3 1,252.6 1,376.3 1,321.6 1,321.4 1,226.9 1,189.1 1,164.1 1,169.2 1,120.2 1,115.4 1,099.0 1,091.4 1,028.8 366.4
Debt Metrics
Total Debt 0 0 0 0 0.4 0.3 0.3 0.4 0.4 0.6 0.8 1.4 1.1 0 0 0 0 0 0
Net Debt (229.6) (224.2) (261.4) (255.7) (227.3) (176.4) (438.3) (420.0) (287.6) (284.7) (272.5) (314.5) (294.3) (372.2) (410.8) (887.5) (884.7) (824.7) (276.3)
Metric 2026 Q4 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Operating Activities
Net Income (3.5) (8.8) (10.0) (36.3) 5.2 27.8 12.2 (55.5) (37.6) (286.4) (51.2) (52.9) (42.1) (50.5) (61.5) (26.6) (46.8) (41.7) (40.8) (28.3) (120.0) (28.6) (9.4) (21.8)
Depreciation & Amortization 1.2 2.9 2.8 2.6 2.7 3.2 3.1 2.0 1.6 1.6 1.7 1.7 1.6 1.5 1.3 1.1 1.0 0.1 0.1 0.1 0.1 0.1 3.7 3.7
Stock-Based Compensation 53.2 51.7 54.3 55.8 46.6 48.0 49.0 42.3 43.0 41.3 46.4 32.3 33.6 33.7 37.7 17.5 12.8 8.6 5.2 3.4 106.2 2.1 1.9 1.8
Change in Working Capital (27.7) (30.7) (11.5) 61.4 (0.6) (263.2) (65.8) 39.0 (6.3) 229.4 20.2 (2.3) (14.7) 6.6 (23.9) (12.9) 21.2 4.6 1.2 (4.5) 10.9 3.1 (7.3) (7.3)
Other Non-Cash Items 22.6 16.4 13.8 22.8 9.3 7.2 13.2 10.3 24.1 8.0 10.1 10.3 9.8 7.4 9.9 (7.2) 10.8 18.4 17.1 7.7 (4.5) 9.2 (14.9) (2.4)
Operating Cash Flow 45.8 31.4 49.4 106.3 63.2 (177.0) 11.7 38.1 24.9 (6.0) 27.1 (11.0) (11.7) (1.2) (36.3) (28.2) (1.1) (10.1) (17.1) (21.5) (7.4) (14.1) (26.0) (26.0)
Investing Activities
Capital Expenditure (4.0) (3.0) (2.9) (0.9) (1.2) (1.1) (0.9) (0.7) (0.3) (0.7) (0.3) (0.3) (1.1) (1.8) (1.4) (1.9) (3.5) 0 0 0 0 0 0 0
Acquisitions 0 0 0 0 0 0 0 (20.2) 0 0 0 0 0 4.1 22.1 35.5 (0.3) 0 0 0 0 0 0 0
Purchases of Investments (213.2) (314.4) (237.9) (246.0) (204.3) (240.1) (118.9) (144.4) (242.0) (238.7) (276.1) (58.9) (189.7) (111.3) (473.3) (47.4) 0 (100.0) (50) 0 0 0 0 0
Sales/Maturities of Investments 164.1 241.6 184.3 165.0 183.5 148.8 121.4 254.7 207.0 254.0 189.5 83.5 108.9 72.7 0 50.0 50 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 0 0.5 0 (0.5) 0 (2.5) 0 0 0 0 (9.6) 0 0 0 0 0.1 0 (0.5) (0.5)
Investing Cash Flow (53.0) (75.8) (56.6) (81.9) (21.9) (92.8) (5.2) 89.4 (35.8) 14.6 (89.4) 24.4 (81.8) (36.3) (452.5) 26.7 46.1 (100.0) (50) 0 0.1 0 (0.5) (0.5)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (2.9) 2.9 0 0 0 0 0 0 0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.6) (0.8) 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (0.4) (0.5) 0 0 0 (4.9) 0 0 0 0 0 0 0 (3.1) 0 0 3.4 (2.6) 21.7 11.6 7.1 4.7 0.9 0.9
Financing Cash Flow 11.5 7.7 12.4 3.3 11.7 2.9 12.9 5.1 15.0 4.7 18.0 7.5 11.9 3.0 12.7 8.2 9.6 658.9 21.7 11.0 6.3 4.7 0.9 0.9
Cash Position
Net Change in Cash 5.3 (37.1) 5.7 28.1 51.0 (262.0) 18.3 132.3 2.7 12.1 (45.2) 20.5 (76.8) (38.6) (474.2) 2.8 60.0 548.5 (46.0) (10.6) (0.4) (9.7) (25.6) (25.6)
Cash at Beginning 224.2 261.4 255.7 227.6 176.6 438.6 420.3 288.0 285.3 273.2 318.4 297.9 374.7 413.3 887.5 884.7 824.7 276.3 272.2 282.9 283.3 293.0 0 0
Cash at End 229.6 224.2 261.4 255.7 227.6 176.6 438.6 420.3 288.0 285.3 273.2 318.4 297.9 374.7 413.3 887.5 884.7 824.7 226.3 272.2 282.9 283.3 (25.6) (25.6)
Free Cash Flow 41.8 28.4 46.5 105.4 62.1 (178.1) 10.8 37.4 24.5 (6.7) 26.8 (11.2) (12.8) (3.0) (37.7) (30.0) (4.6) (10.1) (17.1) (21.5) (7.4) (14.1) (26.0) (26.0)
Key Metrics 2026 Q4 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Income Statement
Revenue 260.4 244.4 236.0 214.5 211.4 196.0 182.6 169.2 163.8 149.7 139.6 126.9 122.9 113.0 101.0 87.4 77.8 66.8 58.1 49.9 46.1 42.2 34.4 29.5
Gross Profit 225.4 212.1 207.5 189.5 188.6 173.9 161.2 150.4 147.8 134.6 124.9 112.9 108.7 98.4 88.0 77.6 68.6 59.6 50.9 43.5 39.9 37.5 30.6 25.7
Operating Income (5.2) (12.4) (18.4) (34.6) (19.3) (28.7) (41.0) (53.6) (34.9) (40.3) (54.1) (58.2) (46.3) (57.0) (65.3) (42.9) (40.6) (32.5) (29.8) (26.0) (128.5) (24.5) (28.9) (32.1)
Net Income (2.6) (8.3) (9.2) (35.9) 5.8 29.1 12.9 (55.2) (36.5) (285.2) (50.1) (52.5) (38.7) (48.5) (59.0) (26.1) (45.8) (41.2) (40.2) (27.9) (120.0) (28.6) (9.4) (34.2)
EPS (Diluted) -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 -0.21 -0.91 -0.22 -0.07 -0.26
Balance Sheet
Cash & Equivalents 229.6 224.2 261.4 255.7 227.6 176.6 438.6 420.3 288.0 285.3 273.2 315.9 295.4 372.2 410.8 887.5 884.7 824.7 276.3
Total Assets 1,722.7 1,570.8 1,498.2 1,442.0 1,399.3 1,252.6 1,376.3 1,321.6 1,321.4 1,226.9 1,189.1 1,164.1 1,169.2 1,120.2 1,115.4 1,099.0 1,091.4 1,028.8 366.4
Total Debt 0 0 0 0 0.4 0.3 0.3 0.4 0.4 0.6 0.8 1.4 1.1 0 0 0 0 0 0
Stockholders' Equity 990.7 922.7 866.6 808.3 775.9 724.7 642.8 567.8 559.8 546.6 783.7 765.5 771.0 763.6 778.5 782.1 774.9 784.4 (276.0)
Cash Flow
Operating Cash Flow 45.8 31.4 49.4 106.3 63.2 (177.0) 11.7 38.1 24.9 (6.0) 27.1 (11.0) (11.7) (1.2) (36.3) (28.2) (1.1) (10.1) (17.1) (21.5) (7.4) (14.1) (26.0) (26.0)
Capital Expenditure (4.0) (3.0) (2.9) (0.9) (1.2) (1.1) (0.9) (0.7) (0.3) (0.7) (0.3) (0.3) (1.1) (1.8) (1.4) (1.9) (3.5) 0 0 0 0 0 0 0
Free Cash Flow 41.8 28.4 46.5 105.4 62.1 (178.1) 10.8 37.4 24.5 (6.7) 26.8 (11.2) (12.8) (3.0) (37.7) (30.0) (4.6) (10.1) (17.1) (21.5) (7.4) (14.1) (26.0) (26.0)