GTLB on Nasdaq

GitLab

Logo: GitLab B.V., MIT, via Wikimedia Commons4

Open-source Git software package

GitLab is a software forge primarily developed by GitLab Inc. It is available as either a free software "Community" edition or a proprietary software "Enterprise" edition.3 It is headquartered in San Francisco, California.1 Its shares trade on Nasdaq under the symbol GTLB.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$955.2MRevenue, fiscal 20265
-$56.0MNet income, fiscal 20265
Sep 10, 2014Founded1

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  • TickerGTLB on Nasdaq1
  • IndustryServices-Prepackaged Software1
  • HeadquartersSan Francisco, California1
  • Websiteabout.gitlab.com
  • Incorporated inDE6
  • Business address268 Bush Street, #350, San Francisco, Ca 941046
  • Filer categoryLarge accelerated filer6
GitLab running 14.3.0-pre (2021-08)
Photo: İsmail Arılık, CC BY-SA 4.0, via Wikimedia Commons9

GitLab is a software forge primarily developed by GitLab Inc. It is available as either a free software "Community" edition or a proprietary software "Enterprise" edition.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

87.4%Gross margin5
-7.4%Operating margin5
-5.9%Net margin5
25.8%Revenue growth, 20265
-5.6%Return on equity5
$222.0MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Subscription and Circulation brought in 60% of the revenue GitLab broke down this way in fiscal 2026.

  1. Subscription and Circulation$568.5M560%up 24% from 2025
  2. Subscription, Software As A Service$296.2M531%up 37% from 2025
  3. License$68.9M57%up 1% from 2025
  4. Professional services and other$21.6M52%up 38% from 2025
Products and services by year
Products and services202420252026
Subscription and Circulation$355.7M$458.9M$568.5M
Subscription, Software As A Service$150.6M$216.3M$296.2M
License$63.1M$68.4M$68.9M
Professional services and other$10.5M$15.7M$21.6M

Regions

United States brought in 82% of the revenue GitLab broke down this way in fiscal 2026.

  1. United States$787.3M582%up 27% from 2025
  2. Europe$145.6M515%up 19% from 2025
  3. Asia Pacific$22.2M52%up 24% from 2025
Regions by year
Regions202420252026
United States$473.0M$618.7M$787.3M
Europe$93.3M$122.7M$145.6M
Asia Pacific$13.6M$17.9M$22.2M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue13¢$120.7M
  • Research and development29¢$274.6M
  • Other costs58¢$549.4M
  • Income tax1¢$10.5M

Out of $955.2M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2026

  • Capital spending5¢$10.8M
  • Kept or used elsewhere95¢$222.0M

Out of $232.9M of cash from operations.5

Financial statements

Revenue101112135$955.2M in 2026+1076% since 2020
0$250.0M$500.0M$750.0M$1.0B2020: $81.2M$81.2M20202021: $152.2M$152.2M2021+87%2022: $252.7M$252.7M2022+66%2023: $424.3M$424.3M2023+68%2024: $579.9M$579.9M2024+37%2025: $759.2M$759.2M2025+31%2026: $955.2M$955.2M2026+26%
Gross profit101112135$834.5M in 2026+1061% since 2020
0$250.0M$500.0M$750.0M$1.0B2020: $71.9M$71.9M20202021: $133.7M$133.7M2021+86%2022: $222.7M$222.7M2022+67%2023: $372.7M$372.7M2023+67%2024: $520.2M$520.2M2024+40%2025: $674.1M$674.1M2025+30%2026: $834.5M$834.5M2026+24%
Operating income101112135-$70.5M in 2026−45% since 2020
-$300.0M-$200.0M-$100.0M02020: -$128.4M-$128.4M20202021: -$213.9M-$213.9M2021+67%2022: -$129.0M-$129.0M2022−40%2023: -$211.4M-$211.4M2023+64%2024: -$187.4M-$187.4M2024−11%2025: -$142.7M-$142.7M2025−24%2026: -$70.5M-$70.5M2026−51%
Net income101112135-$56.0M in 2026−57% since 2020
-$600.0M-$400.0M-$200.0M02020: -$130.7M-$130.7M20202021: -$192.2M-$192.2M2021+47%2022: -$155.1M-$155.1M2022−19%2023: -$173.4M-$173.4M2023+12%2024: -$425.7M-$425.7M2024+145%2025: -$6.3M-$6.3M2025−99%2026: -$56.0M-$56.0M2026+785%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2026-01-312025-01-312024-01-31
Revenue$955.2M$759.2M$579.9M
Cost of revenue$120.7M$85.1M$59.7M
Gross profit$834.5M$674.1M$520.2M
Sales and marketing$434.7M$384.3M$356.4M
Research and development$274.6M$239.7M$200.8M
General and administrative$195.7M$192.9M$150.4M
Total operating expenses$905.0M$816.8M$707.6M
Loss from operations-$70.5M-$142.7M-$187.4M
Interest income$45.7M$47.7M$39.1M
Other income (expense), net-$23.3M$9.2M-$12.2M
Loss before income taxes-$48.1M-$85.8M-$160.6M
Loss from equity method investment, net of tax$0$0-$3.8M
Provision for (benefit from) income taxes$10.5M-$76.7M$265.1M
Net loss-$58.6M-$9.1M-$429.5M
Net loss attributable to noncontrolling interest-$2.6M-$2.8M-$3.9M
Net loss attributable to GitLab-$56.0M-$6.3M-$425.7M
Net loss per share attributable to Class A and Class B common stockholders, basic (in USD per share)-$0.34-$0.04-$2.76
Net loss per share attributable to Class A and Class B common stockholders, diluted (in USD per share)-$0.34-$0.04-$2.76
Weighted-average shares used to compute net loss per share attributable to Gitlab Class A and Class B common stockholders, basic (in shares)166.8M shares160.6M shares154.3M shares
Weighted-average shares used to compute net loss per share attributable to Gitlab Class A and Class B common stockholders, diluted (in shares)166.8M shares160.6M shares154.3M shares

Compare GitLab with another company

Corporate structure

GitLab sits at the top of its group. 21 entities, 14 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of GitLab

  • GitLab San Francisco, California
    • GITLAB CANADA CORP. – Subsidiary · Canada
    • GitLab France SAS – Subsidiary · France
    • GitLab GK – Subsidiary · Japan
    • GitLab Iberia, S.L. - Subsidiary · Spain
    • GitLab India Private Limited - Subsidiary · India
    • GitLab Information Technology (Hubei) Co., Ltd. – Subsidiary · China
    • GITLAB IRELAND LIMITED – Subsidiary · Ireland
    • GitLab Israel Ltd. - Subsidiary · Israel
    • GitLab IT B.V. – Subsidiary · Netherlands
    • GitLab Korea Limited – Subsidiary · South Korea
    • GITLAB SINGAPORE HOLDING PTE. LTD. – Subsidiary · Singapore
    • GITLAB SINGAPORE PTE. LTD. – Subsidiary · Singapore
    • GitLab UK Limited – Subsidiary · United Kingdom
    • JiHu Effective (Shanghai) Information Technology Co., Ltd. - Subsidiary · China
    • JiHu GitLab Technology Limited - Subsidiary · Hong Kong
    • JiHu Information and Technology Hefei Co., Ltd. - Subsidiary · China
    • JiHu Information Technology (Chongqing) Co., Ltd - Subsidiary · China
    • JiHu Innovation (Beijing) Information Technology Co., Ltd - Subsidiary · China
    • JiHu Innovation (Shenzhen) Information Technology Co., Ltd. - Subsidiary · China
    • JiHu Yuansheng (Beijing) Internet Technology Co. Ltd. - Subsidiary · China

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What GitLab reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$16.7M5 Jan 31, 2026$7.1M5 Jan 31, 2025+136.0%
Accumulated depreciation$4.9M5 Jan 31, 2026$3.1M5 Jan 31, 2025+59.9%
Property and equipment, net$11.8M5 Jan 31, 2026$4.0M5 Jan 31, 2025+194.4%
Operating-lease assets (leased space)$381.0K13 Jan 31, 2025$405.0K13 Jan 31, 2024−5.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$229.6M5 Jan 31, 2026$227.6M5 Jan 31, 2025+0.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$17.4M5 Jan 31, 2026$16.1M5 Jan 31, 2025+7.7%
Intangible assets, net (excluding goodwill)$9.8M5 Jan 31, 2026$17.8M5 Jan 31, 2025−45.2%
Finite-lived intangibles, gross$24.4M5 Jan 31, 2026$30.6M5 Jan 31, 2025−20.3%
Accumulated amortization$14.6M5 Jan 31, 2026$12.7M5 Jan 31, 2025+14.6%
Finite-lived intangibles, net$9.8M5 Jan 31, 2026$17.8M5 Jan 31, 2025−45.2%

Properties, in its own words

We are a remote-only company. Accordingly, we do not maintain a headquarters.

Item 2 of the 10-K filed Mar 17, 2026.18

The story

GitLab was created in 2011 by Ukrainian programmer Dmytro Zaporozhets. It was a side project, written in Ruby on Rails.

From Wikipedia’s article on GitLab, shared under CC BY-SA 4.0.7

Leadership

Who has led GitLab, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (20)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • GITLAB CANADA CORP. – Canada8
  • GITLAB IRELAND LIMITED – Ireland8
  • GITLAB PTY LTD – Australia8
  • GITLAB SINGAPORE HOLDING PTE. LTD. – Singapore8
  • GITLAB SINGAPORE PTE. LTD. – Singapore8
  • GitLab B.V. – Netherlands8
  • GitLab France SAS – France8
  • GitLab GK – Japan8
  • GitLab GmbH – Germany8
  • GitLab IT B.V. – Netherlands8
  • GitLab Iberia, S.L. - Spain8
  • GitLab India Private Limited - India8
  • GitLab Information Technology (Hubei) Co., Ltd. – China8
  • GitLab Israel Ltd. - Israel8
  • GitLab Korea Limited – South Korea8
  • GitLab UK Limited – United Kingdom8
  • JiHu Effective (Shanghai) Information Technology Co., Ltd. - China8
  • JiHu GitLab Technology Limited - Hong Kong8
  • JiHu Information Technology (Chongqing) Co., Ltd - China8
  • JiHu Information and Technology Hefei Co., Ltd. - China8
  • JiHu Innovation (Beijing) Information Technology Co., Ltd - China8
  • JiHu Innovation (Shenzhen) Information Technology Co., Ltd. - China8
  • JiHu Yuansheng (Beijing) Internet Technology Co. Ltd. - China8

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Sep 1, 20268-K Results of operations; Executive or director change; Regulation FD disclosure43
  2. Jul 8, 20268-K Regulation FD disclosure44
  3. Jun 24, 20268-K Executive or director change; Shareholder vote45
  4. Jun 2, 20268-K Results of operations; Exit or restructuring costs; Regulation FD disclosure46
  5. May 19, 20268-K Regulation FD disclosure47
  6. May 11, 20268-K Results of operations; Regulation FD disclosure48
  7. Apr 16, 20268-K Executive or director change49
  8. Mar 3, 20268-K Results of operations; Regulation FD disclosure; Other events50
  9. Jan 12, 20268-K Executive or director change; Regulation FD disclosure51
  10. Jan 5, 20268-K Executive or director change52
  11. Dec 3, 20258-K Results of operations53
  12. Dec 2, 20258-K Results of operations; Executive or director change; Regulation FD disclosure54
  13. Dec 16, 2024New chief executive Bill Staples becomes CEO19
  14. Oct 13, 2021New chief executive Sytse Sijbrandij becomes CEO20
  15. Sep 10, 2014Founded Founded1

Calendar

Coming up

  1. Dec 1, 2026Reports results for the quarter ending Oct/202655

When it reported results

  1. Sep 1, 2026Reported quarterly or annual results43
  2. Jun 2, 2026Reported quarterly or annual results46
  3. May 11, 2026Reported quarterly or annual results48
  4. Mar 3, 2026Reported quarterly or annual results50
  5. Dec 3, 2025Reported quarterly or annual results53
  6. Dec 2, 2025Reported quarterly or annual results54
  7. Sep 3, 2025Reported quarterly or annual results56
  8. Jun 10, 2025Reported quarterly or annual results57

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

653 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 42 major events, 366 insider forms, 78 large holders, 147 other. The latest 20:

  1. Oct 9, 2026144 EDGAR
  2. Oct 1, 2026144 EDGAR
  3. Oct 1, 20264 EDGAR
  4. Sep 28, 2026144 EDGAR
  5. Sep 28, 20264 EDGAR
  6. Sep 28, 20264 EDGAR
  7. Sep 24, 2026144 EDGAR
  8. Sep 18, 2026144 EDGAR
  9. Sep 18, 20264 EDGAR
  10. Sep 18, 20264 EDGAR
  11. Sep 18, 20264 EDGAR
  12. Sep 18, 20264 EDGAR
  13. Sep 17, 20264 EDGAR
  14. Sep 2, 2026144 EDGAR
  15. Sep 2, 202610-Q EDGAR
  16. Sep 1, 20268-K EDGAR
  17. Aug 25, 20264 EDGAR
  18. Aug 11, 20264 EDGAR
  19. Aug 7, 2026144 EDGAR
  20. Jul 28, 2026SCHEDULE 13G/A EDGAR

The 653 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

202 open-market trades by officers, directors and large owners since October 2021: 32 buys and 170 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 28, 2026Padisetty SivaprasadChief Technology OfficerSale51,915$45.78$2.4MForm 4
Sep 28, 2026Sijbrandij SytseDirectorSale430,000$45.84$19.7MForm 4
Sep 25, 2026Sijbrandij SytseDirectorSale705,490$47.75$33.7MForm 4
Sep 24, 2026Sijbrandij SytseDirectorSale980,710$48.63$47.7MForm 4
Aug 7, 2026Mundy SimonChief Accounting OfficerSale8,725$38.00$331.6KForm 4
Jun 30, 2026Staples WilliamChief Executive OfficerBuy4,188$29.36$123.0KForm 4
Jun 15, 2026Sijbrandij SytseDirectorSale116,200$28.44$3.3MForm 4
May 18, 2026Sijbrandij SytseDirectorSale116,200$24.85$2.9MForm 4
Apr 15, 2026Sijbrandij SytseDirectorSale116,200$20.77$2.4MForm 4
Mar 31, 2026Staples WilliamChief Executive OfficerBuy6,010$21.35$128.3KForm 4
Mar 27, 2026BOSTROM SUSAN LDirectorSale32,500$20.36$661.7KForm 4
Mar 20, 2026Jacobson MatthewDirectorSale459,799$22.37$10.3MForm 4
Mar 19, 2026Jacobson MatthewDirectorSale700,109$22.95$16.1MForm 4
Feb 17, 2026Sijbrandij SytseDirectorSale54,300$28.41$1.5MForm 4
Jan 14, 2026Sijbrandij SytseDirectorSale54,300$35.96$2.0MForm 4
Dec 31, 2025Staples WilliamChief Executive OfficerBuy3,276$38.08$124.8KForm 4
Dec 31, 2025Shen JamesInterim CFOSale2,538$38.08$96.6KForm 4
Dec 19, 2025Jacobson MatthewDirectorSale334,827$38.08$12.8MForm 4
Dec 18, 2025Mundy SimonChief Accounting OfficerSale2,756$38.42$105.9KForm 4
Dec 16, 2025Mundy SimonChief Accounting OfficerSale723$38.00$27.5KForm 4

All 202 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2026Ian StewardChief Revenue Officer38$352.7K$13.6M82
2026James ShenFormer Interim Chief Financial Officer$345.6K$1.7M82
2026Jessica RossChief Financial Officer49$23.0K$185.9K82
2026Sivaprasad PadisettyChief Technology Officer57$20.9K$30.9K82

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Aqr Capital Management LLC10,338,016$310.2M0.1%+1,669,078
Vanguard Portfolio Management LLC8,910,927$272.1M0.0%+231,026
BlackRock, Inc.8,847,331$270.1M0.0%+210,271
Primecap Management Co/ca/7,683,350$234.6M0.1%+384,300
Vanguard Capital Management LLC6,461,038$197.3M0.0%+376,185
D. E. Shaw & Co., Inc.4,190,123$127.9M0.1%+2,990,457
Impactive Capital LP4,157,224$126.9M9.1%+242,228
Atreides Management, LP3,373,169$103.0M0.9%New
Disciplined Growth Investors Inc /mn3,308,421$101.0M1.7%+2,398,874
Goldman Sachs Group Inc3,109,371$94.9M0.0%+1,041,994
Menora Mivtachim Holdings Ltd.2,975,033$90.8M0.4%New
Neuberger Berman Group LLC2,904,522$88.5M0.1%+1,256,457
Franklin Resources Inc2,740,714$83.7M0.0%+65,325
Squarepoint Ops LLC2,737,138$83.6M0.2%−945,622
Alphabet Inc.2,724,712$83.2M0.1%No change
Geode Capital Management, LLC2,638,717$80.6M0.0%−213,815
State Street Corp2,632,173$80.4M0.0%+81,807
Point72 Asset Management, L.P.2,351,909$71.8M0.1%New
Two Sigma Investments, LP2,333,536$71.2M0.1%−932,439
Norges Bank2,253,628$68.8M0.0%New
Morgan Stanley2,241,743$68.4M0.0%+252,010
Edmond De Rothschild Holding S.a.2,127,893$65.0M0.9%+45,270
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1,987,553$60.7M0.0%+1,558,625
Bank Of America Corp /de/1,987,140$60.7M0.0%+31,492
First Trust Advisors LP1,970,928$60.2M0.0%+77,002

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jun 11, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000−0.6%Report
Jun 3, 2025Robert P. Bresnahan, Jr.Republican, HousePartial sale$1,001 - $15,000+9.6%Report
Apr 10, 2023Daniel S. GoldmanDemocratic, HouseSale$1,001 - $15,000+21.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How GitLab is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGitlab Inc.2
  • CIK0001653482
  • Employer ID (EIN)47-186103518
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
  • Incorporated inDelaware18
  • Fiscal year endsJanuary 312
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address268 Bush Street, #350, San Francisco, CA 941042
  • Phone650-474-51752
  • Shares outstanding153,400,000 Common Class A shares; 16,700,000 Common Class B shares as of Mar 3, 202618
  • Public float$6.4B as of Jul 31, 202518
  • AuditorKPMG LLP, Pittsburgh, Pennsylvania PCAOB ID 185; it also attests to the company’s internal control over financial reporting18
  • On EDGAR sinceSep 24, 20152
  • Filings675 in all: 4 (337), 144 (107), 8-K (41), SC 13G/A (39), 3 (34), SC 13G (26), 10-Q (15), CORRESP (8)2
    All 33 form types

    SCHEDULE 13G/A (8), S-8 (7), UPLOAD (6), 10-K (5), DEF 14A (5), DEFA14A (5), SCHEDULE 13G (5), 4/A (4), ARS (4), S-1/A (3), D (2), 3/A (1), 424B4 (1), 5 (1), 8-A12B (1), 8-K/A (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), EFFECT (1), NT 10-Q (1), PRE 14A (1), S-1 (1), S-3ASR (1)

  • Latest filingsAnnual report (10-K) Mar 17, 2026
    Quarterly report (10-Q) Sep 2, 2026
    Proxy statement (DEF 14A) May 1, 2026
    Latest 8-K (8-K) Sep 1, 2026

Securities registered for trading

ClassSymbolExchange
Class A common stock, par value $0.0000025per shareGTLBThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Mar 17, 2026 (Section 12(b) of the Exchange Act).18

Risk factors and legal proceedings

The risks GitLab names in Item 1A of its 10-K filed Mar 17, 2026: 64 risks under these headings, as written.18

  • Risks Related to Our Business and Financial Position
  • Our business and operations have experienced rapid growth, and if we do not appropriately and effectively manage future growth, if any, or are unable to improve our systems, processes and controls, our business, financial condition, results of operations, and prospects will be adversely affected.
  • Our recent growth may not be indicative of our future growth, and we may not be able to sustain our revenue growth rate in the future. Our growth also makes it difficult to evaluate our future prospects and may increase the risk that we will not be successful.
  • We have a history of losses, anticipate increases in our operating expenses in the future, and may not achieve or sustain profitability on a consistent basis. If we cannot achieve and sustain profitability, our business, financial condition, and operating results may be adversely affected.
  • Security and privacy breaches may hurt our business.
  • We face heightened risk of security breaches because we use third-party open source technologies and incorporate a substantial amount of open source and community contributed code in our products.
  • We face intense competition and could lose market share to our competitors, which would adversely affect our business, operating results, and financial condition.
  • We may not be able to respond to rapid technological changes with new solutions, which could have a material adverse effect on our operating results.
  • If our services fail to perform properly, whether due to material defects with the software or external issues, our reputation could be adversely affected, our market share could decline, and we could be subject to liability claims.
  • The market for our services is rapidly evolving with uncertain growth expectations which would adversely affect our future results and the trading price of our Class A common stock.
  • We are dependent on sales and marketing strategies to drive our growth in our revenue. These sales and marketing strategies may not be successful in continuing to generate sufficient sales opportunities. Any decline in our customer renewals and expansions could harm our future operating results.
  • Our operating results may fluctuate significantly, which could make our future results difficult to predict and could adversely affect the trading price of our Class A common stock.
The other 53 risks
  • As our product offerings mature and expand, our pricing and packaging for new and existing products may result in customers purchasing products on terms less favorable to us in order to replace the products they currently purchase or subscribe for from us.
  • The implementation of AI and machine learning technologies in our services may result in reputational harm, liability, increased expenditures, or other adverse consequences to our business operations.
  • Transparency is one of our core values. While we will continue to prioritize transparency, we must also promote "responsible" transparency as transparency can have unintended negative consequences.
  • The publicly available GitLab Handbook, or Handbook, may not be up to date or accurate, which may result in negative third-party scrutiny or be used in ways that adversely affects our business.
  • Customers may choose to stay on our free self-managed or SaaS product offerings instead of converting into a paying customer.
  • Failure to effectively expand our marketing and sales capabilities could harm our ability to increase our customer base and achieve broader market acceptance of our services.
  • Any failure to offer high-quality technical support services, including success tiers, or adequately sell such services, may adversely affect our relationships with our customers and our financial results.
  • Customers may demand more customized configuration and integration services, or custom features and functions that we do not offer, which could adversely affect our business and operating results.
  • If we fail to adapt and respond effectively to rapidly changing technology, evolving industry standards, and changing customer needs, requirements, or preferences, our services may become less competitive.
  • Our channel partners may provide a poor experience to customers putting our brand or company growth at risk. Channel partners may deliver poor services or a poor selling experience delaying customer purchase or hurting the company brand.
  • We track certain performance metrics with internal tools and data models and do not independently verify such metrics. Certain of our performance metrics are subject to inherent challenges in measurement, and real or perceived inaccuracies in such metrics may harm our reputation and negatively affect our business.
  • We rely to a significant degree on a number of independent open source contributors, to develop and enhance the open source technologies we use to provide our products and services.
  • Our failure or inability to protect our intellectual property rights, or claims by others that we are infringing upon or unlawfully using their intellectual property, could diminish the value of our brand and weaken our competitive position, and adversely affect our business, financial condition, operating results, and prospects.
  • Our open source and source code-available business model makes our software vulnerable to authorized and unauthorized distribution and sale.
  • We are or may be the defendant in lawsuits or other claims that could cause us to incur substantial liabilities.
  • We have been and could in the future be subject to securities class action litigation and shareholder derivative suits.
  • We may engage in merger and acquisition activities and joint ventures, which could require significant management attention, disrupt our business, dilute stockholder value, and adversely affect our operating results.
  • If our estimates or judgments relating to our critical accounting policies prove to be incorrect, our operating results could be adversely affected.
  • Adverse tax laws or regulations could be enacted or existing laws could be applied to us or our customers, which could increase the costs of our services and adversely impact our business.
  • The termination of our relationship with our payment solutions providers could have a severe, negative impact on our ability to collect revenue from customers.
  • We process, store and use personal data and other data, which subjects us to governmental regulation and other legal obligations, including in the United States, the European Union, or the E.U., the United Kingdom, or the U.K., Canada, and Australia, related to privacy, and our actual or perceived failure to comply with such laws, regulations and contractual obligations could result in significant liability and reputational harm.
  • We are subject to various governmental export controls, trade sanctions, and import laws and regulations that could impair our ability to compete in international markets or subject us to liability if we violate these controls.
  • Failure to comply with anti-bribery, anti-corruption, anti-money laundering laws, and similar laws, could subject us to penalties and other adverse consequences.
  • A portion of our revenue is generated by sales to government entities, which are subject to a number of challenges and risks.
  • One of our competitive advantages is our ability to provide users of our products and services with access to an abundance of useful, efficient, high-quality code which in turn depends on the quality and volume of code contributed by our open source contributors.
  • Seasonality may cause fluctuations in our sales and results of operations.
  • The length of our sales cycle can be unpredictable, particularly with respect to sales to large customers, and our sales efforts may require considerable time and expense.
  • Risks Related to our People and Culture
  • We rely on our management team and other key team members and will need additional personnel to grow our business, and the loss of one or more key team members or our inability to hire, integrate, train and retain qualified personnel, could harm our business.
  • Our corporate culture has contributed to our success, and if we cannot maintain this culture as we grow, we could lose the innovation, creativity, and teamwork fostered by our culture, and our business may be harmed.
  • We engage our team members in various ways, including direct hires, through PEOs and as independent contractors. As a result of these methods of engagement, we face certain challenges and risks that can affect our business, operating results, and financial condition.
  • If we do not effectively hire, integrate, and train additional sales personnel, and expand our sales and marketing capabilities, we may be unable to increase our customer base and increase sales to our existing customers.
  • We are a remote-only company, meaning that our team members work remotely which poses a number of risks and challenges that can affect our business, operating results, and financial condition. We are highly dependent on technology in our operations and if our technology fails, our business could be adversely affected.
  • Unfavorable media coverage could negatively impact our business.
  • Our brand, reputation, and business may be harmed if our customers, partners, team members, contributors or the public at large disagrees with, or finds objectionable, our policies and practices or organizational decisions that we make or with the actions of members of our management team.
  • Risks Related to Our International Operations
  • We plan to continue expanding our international operations which could subject us to additional costs and risks, and our continued expansion internationally may not be successful.
  • We have a limited operating history in China and we face risks with respect to conducting business in connection with our joint venture in China due to certain legal, political, economic and social uncertainties relating to China. Our ability to monetize our joint venture in China may be limited.
  • We are exposed to fluctuations in currency exchange rates and interest rates, which could negatively affect our results of operations and our ability to invest and hold our cash.
  • Risks Related to Financial and Accounting Matters
  • Failure to maintain effective systems of internal controls and disclosure controls could have a material adverse effect on our business, operating results, and financial condition.
  • We incur significant costs and devote management resources as a result of operating as a public company.
  • We may in the future need to raise additional capital to grow our business, and we may not be able to raise capital on terms acceptable to us or at all. In addition, any inability to generate or obtain such capital may adversely affect our operating results and financial condition.
  • Changes in tax laws or other tax guidance could adversely affect our effective tax rates, financial condition, and results of operations.
  • We may have exposure to greater than anticipated tax liabilities.
  • Our cash and cash equivalents could be adversely affected if the financial institutions in which we hold our cash and cash equivalents fail.
  • Risks Related to Ownership of Our Class A Common Stock
  • The market price of our Class A common stock may be volatile, and you could lose all or part of your investment.
  • Sales of substantial amounts of our Class A common stock in the public markets, or the perception that they might occur, could cause the market price of our Class A common stock to decline.
  • We cannot guarantee that our stock repurchase program will be fully consummated or that it will preserve or enhance long-term stockholder value.
  • The dual class structure of our common stock will have the effect of concentrating voting control with those stockholders who hold our Class B capital stock, including our directors, executive officers, and beneficial owners of 5% or greater of our outstanding capital stock who hold in the aggregate a majority of the voting power of our capital stock, which will limit or preclude your ability to influence corporate matters, including the election of directors and the approval of any change of control transaction.
  • The dual class structure of our common stock may adversely affect the trading market for our Class A common stock.
  • If industry or financial analysts do not continue to publish research or reports about our business, or if they issue inaccurate or unfavorable research regarding our Class A common stock, our stock price and trading volume could decline.
  • We do not intend to pay dividends in the foreseeable future. As a result, your ability to achieve a return on your investment will depend on appreciation in the price of our Class A common stock.
  • Provisions in our organizational documents and under Delaware law could make an acquisition of us, which could be beneficial to our stockholders, more difficult and may limit attempts by our stockholders to replace or remove our current management.
  • Our restated certificate of incorporation and amended and restated bylaws contain exclusive forum provisions for certain claims, which may limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, or team members.
  • General Risk Factors
  • We may be adversely affected by natural disasters, pandemics and other catastrophic events, and by man-made problems such as acts of war, terrorism, that could disrupt our business operations and our business continuity and disaster recovery plans may not adequately protect us from a serious disaster.

Legal proceedings

On September 4, 2024, a putative class action was filed in the United States District Court for the Northern District of California, captioned Dolly v. GitLab et al., Case No. 24-cv-06244-EKL (“Dolly”), naming GitLab and certain of our officers. The complaint purported to assert claims under Section 10(b) of the Securities Exchange Act of 1934 (“1934 Act”), SEC Rule 10b-5, and Section 20(a) of the 1934 Act, on behalf of persons and entities who acquired our common stock between June 5, 2023 and June 3, 2024 (the “Class Period”). Plaintiff alleged that, during the Class Period, defendants made material misrepresentations or omissions regarding, among other things, our use of AI features and ability to monetize our AI capabilities that artificially inflated our stock price. Plaintiff sought, among other things, damages in an unspecified amount, as well as fees and costs. Plaintiff amended his complaint on February 5, 2025 and March 7, 2025, and we moved to dismiss the second amended complaint in April 2025. On August 14, 2025, the court granted our motion to dismiss with leave for the plaintiff to amend

and refile a third amended complaint. On September 8, 2025, the plaintiff filed a stipulation stating that he had decided not to file an amended complaint or to appeal the motion to dismiss order. The case was dismissed with prejudice and final judgment was entered on behalf of GitLab on January 26, 2026.

The opening of Item 3, Legal Proceedings.18

Sources

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