GitLab Inc. (GTLB) income statement
NASDAQ · Technology · Software - Application · 2,580 employees · CEO William Staples
- Price
- $54.09 -4.52%
- Market cap
- $9.01B
- Enterprise value
- $8.79B
- Last report
- Q2 '27 filed 2026-09-02
- Next report
- 2026-12-01 EPS est. $0.20
GitLab Inc. (GTLB) reported revenue of $286M for Q2 '27 (+21.3% year on year), operating income of -$56.9M (-19.9% of revenue) and net income of -$36.8M. Over the last four quarters revenue was $1.06B.
Income statement
| Income statement | Trend | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $150M | $164M | $169M | $183M | $196M | $211M | $215M | $236M | $244M | $260M | $264M | $286M | |
| Cost of revenue | $15.1M | $16M | $18.8M | $21.4M | $22.1M | $22.9M | $25M | $28.5M | $32.2M | $35M | $37.5M | $45.6M | |
| Gross profit | $135M | $148M | $150M | $161M | $174M | $189M | $189M | $207M | $212M | $225M | $227M | $241M | |
| Research & development | $49.1M | $52.4M | $54.1M | $61.3M | $61.4M | $62.9M | $65.4M | $71.5M | $68.7M | $69M | $71.5M | $95M | |
| Sales & marketing | $87M | $90.8M | $92.4M | $97.8M | $95.3M | $98.8M | $108M | $110M | $105M | $113M | $119M | $134M | |
| General & administrative | $38.8M | $39.5M | $57.5M | $43.2M | $46M | $46.3M | $51.1M | $44.7M | $50.8M | $49M | $51.6M | $68.2M | |
| Operating expenses | $175M | $183M | $204M | $202M | $203M | $208M | $224M | $226M | $224M | $231M | $242M | $298M | |
| Operating income | -$40.3M | -$34.9M | -$53.6M | -$41M | -$28.7M | -$19.3M | -$34.6M | -$18.4M | -$12.4M | -$5.16M | -$15.7M | -$56.9M | |
| Interest income | $10.9M | $11.8M | $12M | $12.8M | $12.6M | $10.3M | $10.9M | $11.5M | $11.7M | $11.6M | $11.9M | $12.2M | |
| Other non-operating income (gains on investments, FX ...) | -$10.7M | $921K | -$11.1M | -$14.1M | -$17.4M | -$14M | -$891K | -$10.6M | -$5.37M | -$5.56M | -$12.2M | -$17.6M | |
| Total non-operating income | $10.7M | -$921K | $11.1M | $14.1M | $17.4M | $14M | $891K | $10.6M | $5.37M | $5.56M | $12.2M | $17.6M | |
| Income before tax | -$29.6M | -$35.8M | -$42.5M | -$26.9M | -$11.3M | -$5.32M | -$33.7M | -$7.75M | -$6.99M | $391K | -$3.55M | -$39.3M | |
| Income tax | $257M | $1.77M | $13M | -$39.2M | -$39.2M | -$10.5M | $2.54M | $2.25M | $1.81M | $3.9M | $2.03M | -$3.2M | |
| Net income | -$285M | -$36.5M | -$55.2M | $12.9M | $29.1M | $5.8M | -$35.9M | -$9.21M | -$8.28M | -$2.6M | -$4.97M | -$36.8M | |
| EPS (basic) | -$1.84 | -$0.24 | -$0.35 | $0.08 | $0.18 | $0.04 | -$0.22 | -$0.06 | -$0.05 | -$0.02 | -$0.03 | -$0.22 | |
| EPS (diluted) | -$1.84 | -$0.24 | -$0.35 | $0.08 | $0.18 | $0.06 | -$0.22 | -$0.06 | -$0.05 | -$0.02 | -$0.03 | -$0.22 | |
| Shares (basic, weighted) | 155M | 157M | 158M | 160M | 164M | 163M | 164M | 166M | 166M | 166M | 170M | 169M | |
| Shares (diluted, weighted) | 155M | 157M | 158M | 166M | 164M | 170M | 164M | 166M | 166M | 166M | 170M | 169M | |
| Depreciation & amortization | $1.64M | $1.56M | $2.02M | $3.08M | $3.19M | $2.69M | $2.58M | $2.77M | $2.88M | $3.11M | $3.31M | $3.36M | |
| EBITDA | -$27.9M | -$34.2M | -$40.5M | -$23.8M | -$8.16M | -$2.62M | -$31.1M | -$4.98M | -$4.1M | $3.5M | -$240K | -$36M |
| Income statement | Trend | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $81.2M | $152M | $253M | $424M | $580M | $759M | $955M | |
| Cost of revenue | $9.38M | $18.5M | $30M | $51.7M | $59.7M | $85.1M | $121M | |
| Gross profit | $71.9M | $134M | $223M | $373M | $520M | $674M | $834M | |
| Research & development | $59.4M | $107M | $97.2M | $156M | $201M | $240M | $275M | |
| Sales & marketing | $99.2M | $154M | $191M | $310M | $356M | $384M | $435M | |
| General & administrative | $41.6M | $86.9M | $63.7M | $118M | $150M | $193M | $196M | |
| Operating expenses | $200M | $348M | $352M | $584M | $708M | $817M | $905M | |
| Operating income | -$128M | -$214M | -$129M | -$211M | -$187M | -$143M | -$70.5M | |
| Interest income | $3.63M | $1.07M | $736K | $14.5M | $39.1M | $47.7M | $45.7M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $30.1M | -$33.6M | -$23M | -$56.9M | -$22.4M | |
| Total non-operating income | -$1.17M | $24.5M | -$30.1M | $33.6M | $23M | $56.9M | $22.4M | |
| Income before tax | -$130M | -$189M | -$159M | -$178M | -$164M | -$85.8M | -$48.1M | |
| Income tax | $1.2M | $2.83M | -$1.51M | $4.03M | $265M | -$76.7M | $10.5M | |
| Net income | -$131M | -$192M | -$155M | -$173M | -$426M | -$6.33M | -$56M | |
| EPS (basic) | -$0.99 | -$1.45 | -$1.06 | -$1.16 | -$2.75 | -$0.04 | -$0.35 | |
| EPS (diluted) | -$0.99 | -$1.45 | -$1.06 | -$1.16 | -$2.75 | -$0.04 | -$0.35 | |
| Shares (basic, weighted) | 132M | 132M | 145M | 148M | 154M | 161M | 166M | |
| Shares (diluted, weighted) | 132M | 132M | 145M | 148M | 154M | 161M | 166M | |
| Depreciation & amortization | $0 | $222K | $1.21M | $5.59M | $6.54M | $11M | $11.3M | |
| EBITDA | -$128M | -$214M | -$158M | -$172M | -$158M | -$74.8M | -$36.7M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-07-31, 10-Q 2026-04-30, 10-K 2026-01-31, 10-Q 2025-10-31, 10-Q 2025-07-31, 10-Q 2025-04-30, 10-K 2025-01-31, 10-Q 2024-10-31, 10-Q 2024-07-31
Data as of 2026-11-02