GTLB Stock Price, GitLab Inc. Quote, Chart

Market Summary

USD59.22+0.15

Market Closed

0.25%

GTLB Alerts

2 major insider sales recently.
Big jump in Revenue (Y/Y)
Big fall in earnings (Y/Y)
Losses in recent quarter

GTLB Stock Price

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GTLB RSI Chart

GTLB Alerts

2 major insider sales recently.
Big jump in Revenue (Y/Y)
Big fall in earnings (Y/Y)
Losses in recent quarter

GTLB Valuation

Market Cap

9.1B

Price/Earnings (Trailing)

-21.34

Price/Sales (Trailing)

16.88

EV/EBITDA

-54.25

Price/Free Cashflow

-2.4K

GTLB Price/Sales (Trailing)

GTLB Profitability

Operating Margin

89.25%

EBT Margin

-30.95%

Return on Equity

-71.89%

Return on Assets

-34.76%

Free Cashflow Yield

-0.04%

GTLB Fundamentals

GTLB Revenue

Revenue (TTM)

539.0M

Revenue Y/Y

32.47%

Revenue Q/Q

7.23%

GTLB Earnings

Earnings (TTM)

-426.4M

Earnings Y/Y

-488.5%

Earnings Q/Q

-469.4%

Price Action

Last 7 days

12.9%

Last 30 days

32.4%

Last 90 days

13.1%

Trailing 12 Months

24.9%

How does GTLB drawdown profile look like?

GTLB Financial Health

Current Ratio

2.02

GTLB Investor Care

Shares Dilution (1Y)

3.96%

Diluted EPS (TTM)

-2.78

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	424.3M	463.8M	502.3M	539.0M
2022	252.7M	290.1M	333.0M	379.2M
2021	152.2M	174.3M	196.4M	221.0M
2020	81.2M	99.0M	116.7M	134.4M

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for GTLB

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Nov 15, 2023	sijbrandij sytse	acquired	-	-	159,433	chief executive officer
Nov 15, 2023	sijbrandij sytse	sold	-7,831,020	49.1179	-159,433	chief executive officer
Nov 13, 2023	robins brian g	sold	-454,900	45.49	-10,000	chief financial officer
Oct 16, 2023	sijbrandij sytse	sold	-7,281,490	46.9773	-155,000	chief executive officer
Oct 16, 2023	sijbrandij sytse	acquired	-	-	155,000	chief executive officer
Oct 11, 2023	robins brian g	sold	-482,000	48.2	-10,000	chief financial officer
Sep 25, 2023	sullivan godfrey	acquired	-	-	137,500	-
Sep 20, 2023	iconiq strategic partners iv, l.p.	sold	-2,689,790	48.3662	-55,613	-
Sep 20, 2023	iconiq strategic partners iv, l.p.	sold	-1,623,360	48.3662	-33,564	-
Sep 20, 2023	jacobson matthew	sold	-2,689,790	48.3662	-55,613	-

Which funds bought or sold GTLB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Dec 06, 2023	CITIGROUP INC	reduced	-37.64	-281,645	346,701	-%
Nov 24, 2023	DEUTSCHE BANK AG\	reduced	-99.78	-67,407,400	132,404	-%
Nov 22, 2023	Polar Capital Holdings Plc	new	-	7,558,430	7,558,430	0.06%
Nov 22, 2023	Graham Capital Management, L.P.	reduced	-14.4	-397,580	1,241,110	0.03%
Nov 21, 2023	COMERICA BANK	new	-	167,676	167,676	-%
Nov 15, 2023	JANE STREET GROUP, LLC	reduced	-83.55	-15,082,100	2,569,170	-%
Nov 15, 2023	Spouting Rock Asset Management, LLC	added	19.05	24,182	477,885	0.15%
Nov 15, 2023	Capital Impact Advisors, LLC	unchanged	-	-36,482	280,093	0.47%
Nov 15, 2023	Integrated Wealth Concepts LLC	sold off	-100	-255,397	-	-%
Nov 15, 2023	Tudor Investment Corp Et Al	reduced	-4.08	-880,624	4,938,250	0.05%

Latest Funds Activity

Are funds buying GTLB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GTLB

No. of Funds

Schedule 13G FIlings of GitLab Inc.

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 15, 2023	sijbrandij sytse	20.3%	23,190,901	SC 13G/A
Mar 31, 2023	hmi capital management, l.p.	5.2%	4,725,732	SC 13G
Mar 24, 2023	gv 2017, l.p.	8.9%	8,888,776	SC 13G/A
Feb 14, 2023	altimeter capital management, lp	0.67%	611,206	SC 13G/A
Feb 14, 2023	coatue management llc	1.8%	1,610,357	SC 13G/A
Feb 14, 2023	norges bank	1.86%	1,698,595	SC 13G/A
Feb 14, 2023	hmi capital management, l.p.	2.1%	1,897,619	SC 13G/A
Feb 14, 2023	khosla ventures seed c, l.p.	8.8%	8,788,186	SC 13G/A
Feb 14, 2023	august capital vii, l.p.	6.4%	5,835,371	SC 13G/A
Feb 14, 2023	d1 capital partners l.p.	0%	0	SC 13G/A

Recent SEC filings of GitLab Inc.

View All Filings

Date Filed	Form Type	Document
Dec 08, 2023	4	Insider Trading
Dec 08, 2023	4	Insider Trading
Dec 05, 2023	10-Q	Quarterly Report
Dec 05, 2023	144	Notice of Insider Sale Intent
Dec 04, 2023	8-K	Current Report
Nov 17, 2023	4	Insider Trading
Nov 15, 2023	4	Insider Trading
Nov 15, 2023	144	Notice of Insider Sale Intent
Nov 15, 2023	144	Notice of Insider Sale Intent
Nov 01, 2023	144	Notice of Insider Sale Intent

Peers (Alternatives to GitLab Inc.)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	244.5B	34.0B	18.57%	92.68%	94.31	7.2	12.08%	832.37%
UBER	126.8B	36.0B	24.71%	133.38%	120.32	3.53	23.77%	111.91%
ADSK	47.9B	5.3B	8.25%	13.92%	52.28	8.97	9.15%	48.14%
ANSS	24.9B	2.2B	0.09%	17.28%	51.49	11.53	6.50%	3.13%
ZM	21.9B	4.5B	18.20%	1.00%	93.18	4.86	3.50%	-66.41%
MID-CAP
APPF	6.5B	572.7M	-9.35%	65.72%	-138.18	11.4	29.15%	4.99%
LYFT	5.0B	4.4B	23.23%	24.15%	-5.59	1.16	11.93%	29.50%
AI	3.3B	284.7M	4.63%	118.99%	-12.46	11.48	5.51%	-9.92%
AYX	3.1B	920.0M	18.89%	-5.46%	-10.55	3.33	26.29%	10.26%
ALRM	2.8B	863.6M	9.54%	15.11%	43.27	3.29	4.08%	56.97%
AGYS	2.1B	217.5M	-2.44%	33.28%	151.7	9.81	19.98%	38.67%
SMALL-CAP
AVID	1.2B	413.5M	0.67%	10.41%	92.02	2.88	-1.65%	-71.35%
APPS	622.7M	592.1M	20.78%	-62.37%	-3.47	1.05	-22.55%	-433.99%
ASUR	193.3M	122.1M	-6.38%	-5.47%	-28.91	1.58	39.32%	62.24%
AEYE	50.0M	31.2M	-6.44%	-9.38%	-6.88	1.6	8.78%	46.25%

GitLab Inc. News

Latest updates

Financials for GitLab Inc.

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Revenue	7.2%	149,668,000	139,581,000	126,878,000	122,907,000	112,981,000	101,041,000	87,407,000	77,796,000	66,800,000	58,127,000	49,930,000	46,147,000	42,152,000	-	-	-
Cost Of Revenue	2.6%	15,084,000	14,696,000	13,939,000	14,238,000	14,564,000	13,030,000	9,848,000	9,173,000	7,195,000	7,192,000	6,425,000	6,225,000	4,637,000	-	-	-
Gross Profit	7.8%	134,584,000	124,885,000	112,939,000	108,669,000	98,417,000	88,011,000	77,559,000	68,623,000	59,605,000	50,935,000	43,505,000	39,922,000	37,515,000	-	-	-
Operating Expenses	-2.3%	174,851,000	178,942,000	171,172,000	154,943,000	155,379,000	153,313,000	120,432,000	109,180,000	92,146,000	80,766,000	69,533,000	168,378,000	61,969,000	-	-	-
S&GA Expenses	-5.6%	86,978,000	92,116,000	86,537,000	81,513,000	81,080,000	80,689,000	66,710,000	57,192,000	50,543,000	44,165,000	38,854,000	54,922,000	34,837,000	-	-	-
R&D Expenses	0.1%	49,058,000	49,007,000	50,387,000	43,680,000	41,113,000	39,520,000	31,830,000	28,610,000	24,664,000	22,603,000	21,340,000	48,701,000	19,042,000	-	-	-
EBITDA Margin	17.5%	-0.30	-0.37	-0.43	-0.41	-0.48	-0.53	-0.53	-0.63	-1.03	-1.09	-	-0.67	-0.67	-	-	-
Income Taxes	6320.0%	256,800,000	4,000,000	1,486,000	400,500	65,000	-100,000	2,511,000	-2,874,000	-900,000	1,000,000	1,256,000	1,650,000	246,000	-	-	-
Earnings Before Taxes	37.8%	-28,800,000	-46,275,000	-50,665,000	-41,080,000	-49,600,000	-60,700,000	-23,900,000	-49,658,000	-42,623,000	-39,777,000	-27,026,000	-118,388,000	-28,362,000	-	-	-
EBT Margin	17.1%	-0.31	-0.37	-0.44	-0.41	-0.48	-0.53	-0.54	-0.63	-1.03	-1.09	-	-0.67	-0.67	-	-	-
Net Income	-469.4%	-285,158,000	-50,080,000	-52,469,000	-38,733,000	-48,455,000	-59,024,000	-26,099,000	-45,785,000	-41,227,000	-40,189,000	-27,937,000	-120,038,000	-28,608,000	-	-	-
Net Income Margin	-109.5%	-0.79	-0.38	-0.43	-0.41	-0.47	-0.52	-0.53	-0.61	-1.04	-1.10	-	-0.68	-0.68	-	-	-
Free Cashflow	-125.0%	-6,697,000	26,832,000	-11,217,000	-12,772,000	-2,981,000	-37,695,000	-30,030,000	-1,979,250	-10,079,000	-17,120,000	-	-22,073,333	-22,073,333	-	-	-

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet												(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1
Assets	3.2%	1,227	1,189	1,164	1,169	1,120	1,115	1,099	1,091	1,029	807	585	363
Current Assets	3.4%	1,182	1,143	1,115	1,118	1,069	1,064	1,044	1,052	1,012	-	-	348
Cash Equivalents	4.4%	285	273	316	295	372	411	887	887	825	226	272	283
Net PPE	-9.6%	4.00	4.00	5.00	6.00	6.00	5.00	4.00	3.00	-	-	-	-
Goodwill	0%	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	-	-	-	-
Liabilities	77.1%	634	358	349	344	306	285	281	292	219	203	186	169
Current Liabilities	82.4%	586	321	311	306	264	247	235	242	179	-	-	127
Shareholder's Equity	-24.3%	593	784	816	771	764	830	818	799	809	-	-	-
Retained Earnings	-34.4%	-1,113	-828	-778	-725	-686	-638	-579	-553	-507	-	-	-398
Additional Paid-In Capital	3.0%	1,658	1,610	1,543	1,497	1,453	1,413	1,355	1,320	1,293	-	-	187
Accumulated Depreciation	16.6%	7.00	6.00	5.00	4.00	3.00	2.00	-	1.00	-	-	-	-
Shares Outstanding	-100.0%	-	154	152	148	149	148	147	80.00	67.00	53.00	53.00	50.00
Minority Interest	-2.0%	47.00	48.00	50.00	54.00	51.00	52.00	36.00	24.00	25.00	-	-	-

Cashflow (Last 12 Months)
(In Millions)

Cashflow (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Cashflow From Operations	-122.0%	-5,961,000	27,109,000	-10,961,000	-11,720,000	-1,197,000	-36,335,000	-28,156,000	-1,094,000	-10,079,000	-17,120,000	-21,521,000	-7,360,000	-	-	-	-
Share Based Compensation	-10.9%	41,334,000	46,368,000	32,330,000	33,641,000	33,708,000	37,747,000	17,471,000	12,767,000	8,579,000	5,232,000	3,431,000	106,168,000	-	-	-	-
Cashflow From Investing	116.3%	14,579,000	-89,425,000	24,380,000	-81,798,000	-40,401,000	-474,663,000	-8,824,000	46,136,000	-50,031,000	-50,000,000	-	91,000	-	-	-	-
Cashflow From Financing	-73.8%	4,715,000	18,015,000	7,513,000	11,885,000	7,059,000	34,815,000	43,723,000	9,597,000	658,901,000	21,657,000	11,030,000	6,326,000	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	590,000	820,000	-	-	-	-

GTLB Income Statement

2023-10-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2023	Oct. 31, 2022	Oct. 31, 2023	Oct. 31, 2022
Revenue	$ 149,668	$ 112,981	$ 416,127	$ 301,429
Cost of revenue	15,084	14,564	43,719	37,442
Gross profit	134,584	98,417	372,408	263,987
Operating expenses:
Sales and marketing	86,978	81,080	265,631	228,479
Research and development	49,058	41,113	148,452	112,463
General and administrative	38,815	33,186	110,882	88,182
Total operating expenses	174,851	155,379	524,965	429,124
Loss from operations	(40,267)	(56,962)	(152,557)	(165,137)
Interest income	10,874	4,657	27,301	8,247
Other income (expense), net	569	2,661	(508)	22,609
Loss before income taxes and loss from equity method investment	(28,824)	(49,644)	(125,764)	(134,281)
Loss from equity method investment, net of tax	(743)	(756)	(2,408)	(1,775)
Provision for income taxes	256,788	65	262,290	2,519
Net loss	(286,355)	(50,465)	(390,462)	(138,575)
Net loss attributable to noncontrolling interest	(1,197)	(2,010)	(2,755)	(4,997)
Net loss attributable to GitLab	$ (285,158)	$ (48,455)	$ (387,707)	$ (133,578)
Net loss per share attributable to GitLab Class A and Class B common stockholders, basic (in USD per share)	$ (1.84)	$ (0.33)	$ (2.53)	$ (0.90)
Net loss per share attributable to GitLab Class A and Class B common stockholders, diluted (in USD per share)	$ (1.84)	$ (0.33)	$ (2.53)	$ (0.90)
Weighted-average shares used to compute net loss per share attributable to GitLab Class A and Class B common stockholders, basic (in shares)	155,123	148,883	153,504	147,812
Weighted-average shares used to compute net loss per share attributable to GitLab Class A and Class B common stockholders, diluted (in shares)	155,123	148,883	153,504	147,812
Subscription—self-managed and SaaS
Revenue	$ 130,993	$ 98,435	$ 364,280	$ 264,294
Cost of revenue	11,559	11,113	33,321	29,717
License—self-managed and other
Revenue	18,675	14,546	51,847	37,135
Cost of revenue	$ 3,525	$ 3,451	$ 10,398	$ 7,725

GTLB Balance Sheet

2023-10-31

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands

Oct. 31, 2023

Jan. 31, 2023

CURRENT ASSETS:

Cash and cash equivalents

^[1]

$ 285,309

$ 295,402

Short-term investments

^[1]

704,325

641,249

Accounts receivable, net of allowance for doubtful accounts of $403 and $1,564 as of October 31, 2023 and January 31, 2023, respectively

^[1]

135,614

130,479

Deferred contract acquisition costs, current

^[1]

27,196

26,505

Prepaid expenses and other current assets

^[1]

29,892

24,327

Total current assets

^[1]

1,182,336

1,117,962

Property and equipment, net

^[1]

3,690

5,797

Operating lease right-of-use assets

533

^[1]

998

Equity method investment

^[1]

9,634

12,682

Goodwill

^[1]

8,145

Intangible assets, net

^[1]

2,254

3,901

Deferred contract acquisition costs, non-current

^[1]

15,104

15,628

Other non-current assets

^[1]

5,200

4,087

TOTAL ASSETS

^[1]

1,226,896

1,169,200

CURRENT LIABILITIES:

Accounts payable

^[1]

5,023

5,184

Accrued expenses and other current liabilities

^[1]

269,980

25,954

Accrued compensation and benefits

^[1]

23,272

20,776

Deferred revenue, current

^[1]

287,647

254,382

Total current liabilities

^[1]

585,922

306,296

Deferred revenue, non-current

^[1]

23,016

28,355

Other non-current liabilities

^[1]

24,776

9,824

TOTAL LIABILITIES

^[1]

633,714

344,475

Commitments and contingencies (Note 15)

^[1]

STOCKHOLDERS’ EQUITY:

Preferred stock, $0.0000025 par value; 50,000 shares authorized as of October 31, 2023 and January 31, 2023; no shares issued and outstanding as of October 31, 2023 and January 31, 2023

^[1]

0

Additional paid-in capital

^[1]

1,658,375

1,497,373

Accumulated deficit

^[1]

(1,113,355)

(725,648)

Accumulated other comprehensive income (loss)

^[1]

1,547

(705)

Total GitLab stockholders’ equity

^[1]

546,567

771,020

Noncontrolling interests

^[1]

46,615

53,705

TOTAL STOCKHOLDERS’ EQUITY

^[1]

593,182

824,725

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

^[1]

1,226,896

1,169,200

Class A Common Stock

STOCKHOLDERS’ EQUITY:

Common stock, value, issued

^[1]

0

Class B Common Stock

STOCKHOLDERS’ EQUITY:

Common stock, value, issued

^[1]

$ 0

[1]

(1) As of October 31, 2023 and January 31, 2023, the condensed consolidated balance sheet includes assets of the consolidated variable interest entity, GitLab Information Technology (Hubei) Co., LTD (“JiHu”), of $48.6 million and $62.8 million, respectively, and liabilities of $5.9 million and $8.9 million, respectively. The assets of JiHu can be used only to settle obligations of JiHu and creditors of JiHu do not have recourse against the general credit of the Company. Refer to “Note 12. Joint Venture and Equity Method Investment” for further discussion.

About GitLab Inc.

GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. It offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle. The company helps organizations to plan, build, secure, and deploy software to drive business outcomes. It also provides related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. GitLab Inc. was founded in 2011 and is headquartered in San Francisco, California.

CEO	Mr. Sytse Sijbrandij
WEBSITE	about.gitlab.com
EMPLOYEES	2170

GitLab Inc. Frequently Asked Questions

What is the ticker symbol for GitLab Inc.? What does GTLB stand for in stocks?

GTLB is the stock ticker symbol of GitLab Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of GitLab Inc. (GTLB)?

As of Fri Dec 08 2023, market cap of GitLab Inc. is 9.1 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GTLB stock?

You can check GTLB's fair value in chart. The fair value of GitLab Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of GitLab Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GTLB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is GitLab Inc. a good stock to buy?

The fair value guage provides a quick view whether GTLB is over valued or under valued. Whether GitLab Inc. is cheap or expensive depends on the assumptions which impact GitLab Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GTLB.

What is GitLab Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 08 2023, GTLB's PE ratio (Price to Earnings) is -21.34 and Price to Sales (PS) ratio is 16.88. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GTLB PE ratio will change depending on the future growth rate expectations of investors.

Market Summary

GTLB Alerts

GTLB Stock Price

GTLB RSI Chart

GTLB Alerts

GTLB Valuation

GTLB Price/Sales (Trailing)

GTLB Profitability

GTLB Fundamentals

GTLB Revenue

GTLB Earnings

Price Action

How does GTLB drawdown profile look like?

GTLB Financial Health

GTLB Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for GTLB

Which funds bought or sold GTLB recently?

Latest Funds Activity

Schedule 13G FIlings of GitLab Inc.

Recent SEC filings of GitLab Inc.

Peers (Alternatives to GitLab Inc.)

GitLab Inc. News

Financials for GitLab Inc.

Income Statement (Last 12 Months)

Balance Sheet.css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Cashflow (Last 12 Months)(In Millions)

GTLB Income Statement

GTLB Balance Sheet

About GitLab Inc.

GitLab Inc. Frequently Asked Questions

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Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)