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GitLab GTLB Asset turnover

Asset turnover at other companies

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0.5×0.0×
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0.4×0.0×
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0.4×-0.1×
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0.0×

Other financials

Income statement

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Revenue$264.2M+23.1%
Gross profit$226.7M+19.6%
Operating income-$15.7M+54.5%
Net income-$5.0M+86.1%
EPS (diluted)-$0.03+86.4%

Balance sheet

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Cash & equivalents$335.4M+31.2%
Total debt$400.0K-20.0%
Total equity$985.2M+21.9%
Total assets$1.7B+18.3%

Cash flow

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Operating cash flow$149.2M+40.4%
CapEx$2.4M+162%
Free cash flow$146.8M+39.3%

Valuation

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Market cap$6.03B-16.6%
P/S-2.4×

Profitability

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Gross margin86.7%-1.9pp
Operating margin-5.1%-2.1pp
Net margin-2.5%
FCF margin26.2%

Returns & leverage

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Return on equity-2.8%
Debt / equity0.0×
Current ratio2.5×+0.1×

Where this comes from

Calculated from GitLab’s reported figures.

Based on trailing twelve months.

The source filing: GitLab’s 10-Q, filed June 2, 2026. Open the filing →

Filed
Jun 2, 2026, 4:11 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-039793

FAQ

What is GitLab's asset turnover?
GitLab (GTLB) reported asset turnover of 0.6× in Q1 2026.
How has GitLab's asset turnover changed year-over-year?
GitLab's asset turnover increased by 9.7% year-over-year, from 0.6× to 0.6×.
What is the long-term trend for GitLab's asset turnover?
Over 4 years (2022 to 2026), GitLab's asset turnover has grown at a 15.2% compound annual growth rate (CAGR), from 0.3× to 0.6×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

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