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GTLB

GTLB - GitLab Inc. Stock Price, Fair Value and News

56.26USD-0.24 (-0.42%)Delayed

Market Summary

GTLB
USD56.26-0.24
Delayed
-0.42%

GTLB Alerts

  • 2 major insider sales recently.

GTLB Stock Price

View Fullscreen

GTLB RSI Chart

GTLB Valuation

Market Cap

8.7B

Price/Earnings (Trailing)

-20.46

Price/Sales (Trailing)

14.97

EV/EBITDA

-53.86

Price/Free Cashflow

259.55

GTLB Price/Sales (Trailing)

GTLB Profitability

Operating Margin

89.70%

EBT Margin

-27.62%

Return on Equity

-74.26%

Return on Assets

-32.19%

Free Cashflow Yield

0.39%

GTLB Fundamentals

GTLB Revenue

Revenue (TTM)

579.9M

Rev. Growth (Yr)

33.25%

Rev. Growth (Qtr)

9.43%

GTLB Earnings

Earnings (TTM)

-424.2M

Earnings Growth (Yr)

5.85%

Earnings Growth (Qtr)

87.21%

Breaking Down GTLB Revenue

Last 7 days

6.4%

Last 30 days

5.1%

Last 90 days

-23.3%

Trailing 12 Months

72.8%

How does GTLB drawdown profile look like?

GTLB Financial Health

Current Ratio

1.93

GTLB Investor Care

Shares Dilution (1Y)

3.96%

Diluted EPS (TTM)

-2.75

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024579.9M000
2023424.3M463.8M502.3M539.0M
2022252.7M290.1M333.0M379.2M
2021152.2M177.3M202.4M227.5M
202081.2M00116.7M
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Tracking the Latest Insider Buys and Sells of GitLab Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 01, 2024
robins brian g
sold
-1,598,080
53.2695
-30,000
chief financial officer
Apr 15, 2024
sijbrandij sytse
sold
-3,075,460
54.9189
-56,000
chief executive officer
Apr 15, 2024
sijbrandij sytse
acquired
-
-
56,000
chief executive officer
Apr 09, 2024
jacobson matthew
acquired
-
-
1,145,140
-
Apr 09, 2024
jacobson matthew
acquired
-
-
691,141
-
Apr 01, 2024
robins brian g
sold
-3,365,040
56.084
-60,000
chief financial officer
Mar 28, 2024
schulman robin
acquired
-
-
56,218
chief legal officer & corp sec
Mar 28, 2024
farmer sabrina
acquired
-
-
223,168
chief technology officer
Mar 28, 2024
robins brian g
acquired
-
-
89,437
chief financial officer
Mar 27, 2024
bedi sundeep
sold
-527,770
58.6411
-9,000
-

1–10 of 50

Which funds bought or sold GTLB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Grandeur Peak Global Advisors, LLC
reduced
-16.26
-130,116
449,997
0.04%
May 16, 2024
Tidal Investments LLC
new
-
921,689
921,689
0.01%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.64
-521,147
4,786,380
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-79.21
-13,965,700
3,330,830
-%
May 16, 2024
COMERICA BANK
added
2,076
3,678,770
3,870,840
0.02%
May 15, 2024
CITADEL ADVISORS LLC
reduced
-24.97
-33,139,400
75,510,700
0.01%
May 15, 2024
ADAGE CAPITAL PARTNERS GP, L.L.C.
added
66.67
2,054,400
5,832,000
0.01%
May 15, 2024
ALGERT GLOBAL LLC
reduced
-35.19
-1,501,000
2,254,000
0.09%
May 15, 2024
Altshuler Shaham Ltd
new
-
125,388
125,388
-%
May 15, 2024
Voya Investment Management LLC
added
1,584
35,295,200
37,712,500
0.04%

1–10 of 32

Are Funds Buying or Selling GTLB?

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

Unveiling GitLab Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
iconiq strategic partners iii, l.p.
2.0%
2,153,434
SC 13G/A
Feb 14, 2024
august capital vii, l.p.
0.0%
0
SC 13G/A
Feb 14, 2024
khosla ventures seed c, l.p.
3.9%
4,483,201
SC 13G/A
Feb 14, 2024
hmi capital management, l.p.
4.1%
4,403,101
SC 13G/A
Feb 13, 2024
vanguard group inc
8.70%
9,388,440
SC 13G/A
Feb 12, 2024
sijbrandij sytse
16.2%
20,721,185
SC 13G/A
Feb 09, 2024
invesco ltd.
5.4%
5,851,100
SC 13G
Feb 09, 2024
gv 2017, l.p.
7.6%
8,888,776
SC 13G/A
Feb 08, 2024
morgan stanley
4.8%
5,175,251
SC 13G/A
May 15, 2023
sijbrandij sytse
20.3%
23,190,901
SC 13G/A

Recent SEC filings of GitLab Inc.

View All Filings
Date Filed Form Type Document
May 17, 2024
4
Insider Trading
May 15, 2024
144
Notice of Insider Sale Intent
May 03, 2024
4
Insider Trading
Apr 30, 2024
ARS
ARS
Apr 30, 2024
DEF 14A
DEF 14A
Apr 30, 2024
DEFA14A
DEFA14A
Apr 19, 2024
PRE 14A
PRE 14A
Apr 17, 2024
4
Insider Trading
Apr 15, 2024
144
Notice of Insider Sale Intent
Apr 11, 2024
4
Insider Trading

Peers (Alternatives to GitLab Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
277.0B
34.9B
3.35% 33.87%
66.98
7.95
11.18% 1888.46%
137.2B
38.6B
-8.72% 67.31%
98.72
3.56
14.01% 141.26%
47.3B
5.3B
2.96% 8.03%
51.62
8.85
9.15% 48.14%
28.6B
2.2B
0.65% 6.79%
65.84
12.85
3.59% -21.47%
19.3B
4.5B
8.62% -7.71%
30.27
4.26
3.06% 514.65%
MID-CAP
8.7B
671.8M
11.01% 66.39%
113.53
12.92
33.64% 185.98%
6.7B
4.7B
-3.99% 99.28%
-36.23
1.43
10.90% 88.31%
3.5B
895.2M
7.46% 35.00%
38.7
3.87
5.72% 46.94%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.2B
296.4M
28.11% -1.60%
-11.7
10.73
11.14% -3.59%
2.7B
228.1M
21.43% 43.87%
31.34
11.99
18.99% 599.09%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
256.1M
31.6M
76.57% 260.07%
-43.61
8.1
2.76% 43.72%
253.0M
572.4M
33.33% -82.31%
-1.28
0.44
-19.38% -489.49%
193.1M
117.7M
5.95% -44.01%
-19.58
1.64
12.54% 11.24%

GitLab Inc. News

Latest updates
Benzinga24 hours ago
Seeking Alpha09 May 202406:51 am
Yahoo Finance08 May 202407:00 am
Zacks Investment Research01 May 202409:55 pm
Simply Wall St22 Apr 202407:00 am

GitLab Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q1
Revenue9.4%163,779,000149,668,000139,581,000126,878,000122,907,000112,981,000101,041,00087,407,00077,796,00066,800,00058,127,00049,930,00046,041,00042,152,000-
Cost Of Revenue6.0%15,989,00015,084,00014,696,00013,939,00014,238,00014,564,00013,030,0009,848,0009,173,0007,195,0007,192,0006,425,000-4,637,000-
Gross Profit9.8%147,790,000134,584,000124,885,000112,939,000108,669,00098,417,00088,011,00077,559,00068,623,00059,605,00050,935,00043,505,000-37,515,000-
Operating Expenses4.5%182,673,000174,851,000178,942,000171,172,000154,943,000155,379,000153,313,000120,432,000109,180,00092,146,00080,766,00069,533,000-61,969,000-
  S&GA Expenses4.4%90,762,00086,978,00092,116,00086,537,00081,513,00081,080,00080,689,00066,710,00057,192,00050,543,00044,165,00038,854,000-34,837,000-
  R&D Expenses6.8%52,388,00049,058,00049,007,00050,387,00043,680,00041,113,00039,520,00031,830,00028,610,00024,664,00022,603,00021,340,000-19,042,000-
EBITDA Margin10.9%-0.27-0.30-0.37-0.43-0.41-0.48-0.53-0.53-0.63-0.83-0.94-1.07-1.24-1.11-1.59
Income Taxes-99.3%1,754,000256,800,0004,016,0001,500,000367,000100,000-57,0002,500,000-2,905,500-900,000989,0001,300,000-200,000-
Earnings Before Taxes-19.3%-34,375,500-28,824,000-46,300,000-50,665,000-41,048,500-49,644,000-60,738,000-23,900,000-49,633,500-42,623,000-39,800,000-27,026,000--28,362,000-
EBT Margin10.8%-0.28-0.31-0.37-0.44-0.41-0.48-0.53-0.54-0.63-0.83-0.94-1.07-1.24-1.11-1.59
Net Income87.2%-36,467,000-285,158,000-50,080,000-52,469,000-38,733,000-48,455,000-59,024,000-26,099,000-45,785,000-41,227,000-40,189,000-27,937,000--28,608,000-
Net Income Margin7.5%-0.73-0.79-0.38-0.43-0.41-0.47-0.52-0.53-0.61-0.84-0.95-1.08-1.26-1.12-1.61
Free Cashflow466.2%24,524,000-6,697,00026,832,000-11,217,000-12,772,000-2,981,000-37,695,000-30,030,000-4,635,000-10,079,000-17,120,000-21,521,000---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q1
Assets7.4%1,3181,2271,1891,1641,1691,1201,1151,0991,0911,029363
  Current Assets8.3%1,2811,1821,1431,1151,1181,0691,0641,0441,0521,012348
    Cash Equivalents0.9%288285273316295372411887885825283
  Net PPE-19.9%3.004.004.005.006.006.005.004.003.00--
  Goodwill0%8.008.008.008.008.008.008.008.008.00--
Liabilities10.4%700634358349344306285281292219169
  Current Liabilities13.0%662586321311306264247235242179127
Shareholder's Equity4.5%571547831816771815830818799809-231
  Retained Earnings-3.3%-1,149-1,113-828-778-725-686-638-579-553-507-398
  Additional Paid-In Capital3.6%1,7191,6581,6101,5431,4971,4531,4131,3551,3201,293187
Accumulated Depreciation2.0%7.007.006.005.004.003.002.00-1.00--
Shares Outstanding-0.5%15415515415214814914714780.0067.0050.00
Minority Interest0.3%47.0047.0048.0050.0054.0051.0052.0036.0024.0025.00-
Float---6,300---5,000----
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q1
Cashflow From Operations516.9%25.00-5.9627.00-10.96-11.72-1.20-36.33-28.16-1.09-10.08-17.12-21.52---
  Share Based Compensation4.1%43.0041.0046.0032.0034.0034.0038.0017.0013.009.005.003.00---
Cashflow From Investing-345.4%-35.7715.00-89.4224.00-81.80-40.40-474-8.8246.00-50.03-50.00----
Cashflow From Financing218.0%15.005.0018.008.0012.007.0035.0044.0010.0065922.0011.00---
  Buy Backs------------1.00---
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GTLB Income Statement

2024-01-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2022
Revenue$ 579,906$ 424,336$ 252,653
Cost of revenue59,70851,68029,985
Gross profit520,198372,656222,668
Operating expenses:   
Sales and marketing356,393309,992190,754
Research and development200,840156,14397,217
General and administrative150,405117,93263,654
Total operating expenses707,638584,067351,625
Loss from operations(187,440)(211,411)(128,957)
Interest income39,11414,496736
Other income (expense), net(11,826)21,585(30,850)
Loss before income taxes and loss from equity method investment(160,152)(175,330)(159,071)
Loss from equity method investment, net of tax(3,824)(2,468)0
Provision for (benefit from) income taxes264,0572,898(1,511)
Net loss(428,033)(180,696)(157,560)
Net loss attributable to noncontrolling interest(3,859)(8,385)(2,422)
Net loss attributable to GitLab$ (424,174)$ (172,311)$ (155,138)
Net loss per share attributable to GitLab Class A and Class B common stockholders, basic (in USD per share)$ (2.75)$ (1.16)$ (1.95)
Net loss per share attributable to GitLab Class A and Class B common stockholders, diluted (in USD per share)$ (2.75)$ (1.16)$ (1.95)
Weighted-average shares used to compute net loss per share attributable to GitLab Class A and Class B common stockholders, basic (in shares)154,283148,40779,755
Weighted-average shares used to compute net loss per share attributable to GitLab Class A and Class B common stockholders, diluted (in shares)154,283148,40779,755
Subscription—self-managed and SaaS   
Revenue$ 506,306$ 369,349$ 226,163
Cost of revenue45,48640,84123,668
License—self-managed and other   
Revenue73,60054,98726,490
Cost of revenue$ 14,222$ 10,839$ 6,317

GTLB Balance Sheet

2024-01-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2024
Jan. 31, 2023
CURRENT ASSETS:  
Cash and cash equivalents[1]$ 287,996$ 295,402
Short-term investments[1]748,289641,249
Accounts receivable, net of allowance for doubtful accounts of $673 and $1,564 as of January 31, 2024 and January 31, 2023, respectively[1]166,731130,479
Deferred contract acquisition costs, current[1]32,30026,505
Prepaid expenses and other current assets[1]45,60124,327
Total current assets[1]1,280,9171,117,962
Property and equipment, net[1]2,9545,797
Operating lease right-of-use assets405[1]998
Equity method investment, net of impairment of $8,858 and $0 as of January 31, 2024 and January 31, 2023, respectively[1]012,682
Goodwill[1]8,1458,145
Intangible assets, net[1]1,7333,901
Deferred contract acquisition costs, non-current[1]19,31715,628
Other non-current assets[1]4,3904,087
TOTAL ASSETS[1]1,317,8611,169,200
CURRENT LIABILITIES:  
Accounts payable[1]1,7385,184
Accrued expenses and other current liabilities[1]286,17825,954
Accrued compensation and benefits[1]35,80920,776
Deferred revenue, current[1]338,348254,382
Total current liabilities[1]662,073306,296
Deferred revenue, non-current[1]23,79428,355
Other non-current liabilities[1]14,0609,824
TOTAL LIABILITIES[1]699,927344,475
Commitments and contingencies (Note 15)[1]
STOCKHOLDERS’ EQUITY:  
Preferred stock, $0.0000025 par value; 50,000 shares authorized as of January 31, 2024 and January 31, 2023; no shares issued and outstanding as of January 31, 2024 and January 31, 2023[1]00
Additional paid-in capital[1]1,718,6611,497,373
Accumulated deficit[1](1,149,822)(725,648)
Accumulated other comprehensive income (loss)[1]2,335(705)
Total GitLab stockholders’ equity[1]571,174771,020
Noncontrolling interests[1]46,76053,705
TOTAL STOCKHOLDERS’ EQUITY[1]617,934824,725
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY[1]1,317,8611,169,200
Class A Common Stock  
STOCKHOLDERS’ EQUITY:  
Common stock, value, issued[1]00
Class B Common Stock  
STOCKHOLDERS’ EQUITY:  
Common stock, value, issued[1]$ 0$ 0
[1]
(1) As of January 31, 2024 and January 31, 2023, the consolidated balance sheet includes assets of the consolidated variable interest entity, GitLab Information Technology (Hubei) Co., LTD (“JiHu”), of $47.6 million and $62.8 million, respectively, and liabilities of $6.1 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.
GTLB
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
 WEBSITEhttps://about.gitlab.com
 INDUSTRYSoftware - Apps
 EMPLOYEES2170

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 May 17 2024, market cap of GitLab Inc. is 8.68 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 for subscribers.

What is the fair value of GTLB stock?

You can check GTLB's fair value in chart for subscribers. 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 May 17 2024, GTLB's PE ratio (Price to Earnings) is -20.46 and Price to Sales (PS) ratio is 14.97. 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.