What is GitLab's gross margin?

GitLab (GTLB) reported gross margin of 86.7% in Q1 2026.

How has GitLab's gross margin changed year-over-year?

GitLab's gross margin decreased by 2.1% year-over-year, from 88.6% to 86.7%.

What is the long-term trend for GitLab's gross margin?

Over 4 years (2022 to 2026), GitLab's gross margin has grown at a -0.2% compound annual growth rate (CAGR), from 88.1% to 87.4%.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

GitLab GTLB Gross margin

Gross margin at other companies

MicrosoftMSFT

68.3%-0.8pp

AtlassianTEAM

84%+1.7pp

JFrog Ltd.FROG

77.5%+1.4pp

DigitalOceanDOCN

58.5%-1.8pp

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$4.49B-49.7%

P/S4.5×-6.6×

Profitability

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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 / equity0×0.0×

Current ratio2.5×+0.1×

Where this comes from

Calculated from GitLab’s reported figures.

gross profit/total revenue=86.7%

Based on trailing twelve months.

The official record: GitLab’s 10-Q, filed June 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GitLab's gross margin?: GitLab (GTLB) reported gross margin of 86.7% in Q1 2026.
How has GitLab's gross margin changed year-over-year?: GitLab's gross margin decreased by 2.1% year-over-year, from 88.6% to 86.7%.
What is the long-term trend for GitLab's gross margin?: Over 4 years (2022 to 2026), GitLab's gross margin has grown at a -0.2% compound annual growth rate (CAGR), from 88.1% to 87.4%.
What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.