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.1Wikipedia text CC BY-SA 4.0
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.
Revenue101112135$955.2M in 2026+1076% since 2020Gross profit101112135$834.5M in 2026+1061% since 2020Operating income101112135-$70.5M in 2026−45% since 2020Net income101112135-$56.0M in 2026−57% since 2020
Revenue141516$286.3M in Q2 FY2026+21% since Q2 FY2025Gross profit141516$240.6M in Q2 FY2026+16% since Q2 FY2025Operating income141516-$56.9M in Q2 FY2026+210% since Q2 FY2025Net income141516-$36.8M in Q2 FY2026+300% since Q2 FY2025
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
Period ending
2026-01-31
2025-01-31
2024-01-31
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 shares
160.6M shares
154.3M 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 shares
160.6M shares
154.3M shares
No quarter-by-quarter statement was filed.
Total assets101112135$1.7B in 2026+375% since 2021Total liabilities101112135$686.5M in 2026+306% since 2021Shareholders’ equity101112135$990.7M in 2026Cash101112135$229.6M in 2026+73% since 2019
Total assets17151614$1.7B in Q2 FY2026+11% since Q2 FY2025Total liabilities17151614$690.3M in Q2 FY2026+18% since Q2 FY2025Shareholders’ equity17151614$925.5M in Q2 FY2026+7% since Q2 FY2025Cash17151614$226.5M in Q2 FY2026−13% since Q2 FY2025
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.5
Period ending
2026-01-31
2025-01-31
2024-01-31
2023-01-31
2021-10-31
Cash and cash equivalents
$229.6M
$227.6M
Short-term investments
$1.0B
$764.7M
Accounts receivable, net of allowance for doubtful accounts of $967 and $991 as of January 31, 2026 and January 31, 2025, respectively
$304.3M
$264.6M
Deferred contract acquisition costs, current
$42.7M
$39.0M
Prepaid expenses and other current assets
$48.9M
$40.4M
Total current assets
$1.7B
$1.3B
Property and equipment, net
$11.8M
$4.0M
Goodwill
$17.4M
$16.1M
Intangible assets, net
$9.8M
$17.8M
Deferred contract acquisition costs, non-current
$23.7M
$20.1M
Other non-current assets
$4.3M
$4.8M
Accounts payable
$9.2M
$7.5M
Accrued expenses and other current liabilities
$58.2M
$54.7M
Accrued compensation and benefits
$39.7M
$40.2M
Deferred revenue, current
$545.1M
$442.6M
Total current liabilities
$652.1M
$545.0M
Deferred revenue, non-current
$27.0M
$26.4M
Other non-current liabilities
$7.4M
$6.6M
Preferred stock, $0.0000025 par value; 50,000 shares authorized; no shares issued and outstanding as of January 31, 2026 and January 31, 2025
$0
$0
Additional paid-in capital
$2.2B
$2.0B
Accumulated deficit
-$1.2B
-$1.2B
Accumulated other comprehensive income (loss)
$6.9M
-$8.5M
Total GitLab stockholders equity
$990.7M
$775.9M
Noncontrolling interests
$45.6M
$45.4M
TOTAL STOCKHOLDERS EQUITY
$1.0B
$821.3M
$606.4M
$814.5M
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
$1.7B
$1.4B
Allowance for doubtful accounts
$967.0K
$991.0K
Preferred stock, par value (in USD per share)
$0.00
$0.00
$0.00
Preferred stock, shares authorized (in shares)
50.0M shares
50.0M shares
50.0M shares
Preferred stock, shares issued (in shares)
0 shares
0 shares
Preferred stock, shares outstanding (in shares)
0 shares
0 shares
Assets of consolidated variable interest entity
$1.7B
$1.4B
Liabilities of consolidated variable interest entity
$686.5M
$578.0M
Period ending
2026-01-31
2025-01-31
2024-01-31
2023-01-31
2021-10-31
Cash and cash equivalents
$229.6M
$227.6M
Short-term investments
$1.0B
$764.7M
Accounts receivable, net of allowance for doubtful accounts of $967 and $991 as of January 31, 2026 and January 31, 2025, respectively
$304.3M
$264.6M
Deferred contract acquisition costs, current
$42.7M
$39.0M
Prepaid expenses and other current assets
$48.9M
$40.4M
Total current assets
$1.7B
$1.3B
Property and equipment, net
$11.8M
$4.0M
Goodwill
$17.4M
$16.1M
Intangible assets, net
$9.8M
$17.8M
Deferred contract acquisition costs, non-current
$23.7M
$20.1M
Other non-current assets
$4.3M
$4.8M
Accounts payable
$9.2M
$7.5M
Accrued expenses and other current liabilities
$58.2M
$54.7M
Accrued compensation and benefits
$39.7M
$40.2M
Deferred revenue, current
$545.1M
$442.6M
Total current liabilities
$652.1M
$545.0M
Deferred revenue, non-current
$27.0M
$26.4M
Other non-current liabilities
$7.4M
$6.6M
Preferred stock, $0.0000025 par value; 50,000 shares authorized; no shares issued and outstanding as of January 31, 2026 and January 31, 2025
$0
$0
Additional paid-in capital
$2.2B
$2.0B
Accumulated deficit
-$1.2B
-$1.2B
Accumulated other comprehensive income (loss)
$6.9M
-$8.5M
Total GitLab stockholders equity
$990.7M
$775.9M
Noncontrolling interests
$45.6M
$45.4M
TOTAL STOCKHOLDERS EQUITY
$1.0B
$821.3M
$606.4M
$814.5M
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY
$1.7B
$1.4B
Allowance for doubtful accounts
$967.0K
$991.0K
Preferred stock, par value (in USD per share)
$0.00
$0.00
$0.00
Preferred stock, shares authorized (in shares)
50.0M shares
50.0M shares
50.0M shares
Preferred stock, shares issued (in shares)
0 shares
0 shares
Preferred stock, shares outstanding (in shares)
0 shares
0 shares
Assets of consolidated variable interest entity
$1.7B
$1.4B
Liabilities of consolidated variable interest entity
$686.5M
$578.0M
Cash from operations101112135$232.9M in 2026Capital spending101112135$10.8M in 2026Free cash flow101112135$222.0M in 2026Share buybacks101112$0 in 2024
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
Period ending
2026-01-31
2025-01-31
2024-01-31
Net loss, including amounts attributable to noncontrolling interest
-$58.6M
-$9.1M
-$429.5M
Stock-based compensation expense, net of amounts capitalized
$215.0M
$185.9M
$163.0M
Change in fair value of acquisition related contingent consideration
$0
$3.8M
$0
Charitable donation of common stock
$7.1M
$11.8M
$10.7M
Amortization of intangible assets
$8.1M
$8.1M
$2.2M
Depreciation and amortization
$3.3M
$2.9M
$4.4M
Amortization of deferred contract acquisition costs
$54.9M
$49.7M
$43.5M
Loss from equity method investment
$0
$0
$3.8M
Impairment of equity method investment
$0
$0
$8.9M
Net amortization of premiums or discounts on short-term investments
-$8.2M
-$16.7M
-$20.3M
Unrealized foreign exchange loss (gain), net
$18.8M
-$9.5M
$4.8M
Other non-cash expense, net
$998.0K
$930.0K
$1.3M
Accounts receivable
-$35.7M
-$99.6M
-$36.3M
Prepaid expenses and other current assets
-$8.1M
$8.4M
-$23.7M
Deferred contract acquisition costs
-$59.3M
-$58.1M
-$53.1M
Other non-current assets
$809.0K
-$183.0K
-$309.0K
Accounts payable
$1.6M
$5.5M
-$3.4M
Accrued expenses and other current liabilities
$1.2M
-$253.4M
$259.4M
Accrued compensation and benefits
-$2.1M
$4.7M
$15.2M
Deferred revenue
$93.3M
$108.7M
$79.3M
Other non-current liabilities
-$127.0K
-$7.8M
$5.2M
Net cash provided by (used in) operating activities
$232.9M
-$64.0M
$35.0M
Purchases of short-term investments
-$1.0B
-$707.7M
-$815.7M
Proceeds from maturities of short-term investments
$753.7M
$708.4M
$734.0M
Proceeds from sales of short-term investments
$1.4M
$0
$0
Additions to property and equipment
-$10.8M
-$3.8M
-$1.6M
Payments for business combination, net of cash acquired
$0
-$20.2M
$0
Payments for asset acquisition
$0
-$7.7M
$0
Escrow payment related to business combination, after acquisition date
$0
$0
-$2.5M
Other investing activities
$0
$457.0K
-$450.0K
Net cash used in investing activities
-$267.3M
-$30.5M
-$86.2M
Proceeds from the issuance of common stock upon exercise of stock options, including early exercises, net of repurchases
$21.8M
$24.0M
$32.3M
Issuance of common stock under employee stock purchase plan
$14.0M
$13.6M
$12.9M
Payments for taxes related to net share settlement of equity awards
-$945.0K
$0
$0
Settlement of acquisition related contingent cash consideration
$0
-$4.9M
$0
Net cash provided by financing activities
$34.8M
$32.6M
$45.2M
Impact of foreign exchange on cash and cash equivalents
$1.5M
$1.5M
-$3.9M
Net increase (decrease) in cash and cash equivalents
$1.9M
-$60.3M
-$9.9M
Cash paid (refunds) for income taxes related to the bilateral advance pricing agreement
-$2.5M
$187.7M
$0
Other cash paid for income taxes
$4.8M
$3.1M
$6.9M
Acquisition measurement period adjustment
$0
$310.0K
$0
Vesting of early exercised stock options
$56.0K
$341.0K
$1.2M
Unpaid property and equipment in accounts payable and accrued expenses
-$189.0K
$247.0K
$0
Stock-based compensation capitalized as internal-use software cost
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
BlackRockFiled SCHEDULE 13G/A on GitLab, latest Jul 28, 2026 (10 filings since Nov 10, 2021)
EMINENCE CAPITAL, LPFiled SCHEDULE 13G/A on GitLab, latest May 15, 2026 (2 filings since Feb 17, 2026)
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.
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:
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.
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.
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.
Class A common stock, par value $0.0000025per share
GTLB
The 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.