What is GitLab's gross profit?

GitLab (GTLB) reported gross profit of $226.67M in Q1 2026.

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

GitLab's gross profit increased by 19.6% year-over-year, from $189.47M to $226.67M.

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

Over 4 years (2022 to 2026), GitLab's gross profit has grown at a 39.1% compound annual growth rate (CAGR), from $222.67M to $834.48M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

GitLab GTLB Gross Profit

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Other financials

Income statement

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Revenue$264.2M+23.1%

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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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 / equity0×0.0×

Current ratio2.5×+0.1×

Where this comes from

Calculated from GitLab’s reported figures.

$264.2Mtotal revenue−$37.5Mtotal cost of revenue=$226.67M

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 profit?: GitLab (GTLB) reported gross profit of $226.67M in Q1 2026.
How has GitLab's gross profit changed year-over-year?: GitLab's gross profit increased by 19.6% year-over-year, from $189.47M to $226.67M.
What is the long-term trend for GitLab's gross profit?: Over 4 years (2022 to 2026), GitLab's gross profit has grown at a 39.1% compound annual growth rate (CAGR), from $222.67M to $834.48M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.