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GitLab GTLB Net Income

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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%
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$6.98B-10.6%
P/S6.9×-2.2×

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

Reported directly by GitLab in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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

Filed
Jun 2, 2026, 4:11 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-039793
Line itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025
Other income (expense), net255(9,971)
Loss before income taxes(3,547)(33,719)
Provision for income taxes2,0322,539
Net loss$(5,579)$(36,258)
Net loss attributable to noncontrolling interest(607)(383)
Net loss attributable to GitLab$(4,972)$(35,875)
Net loss per share attributable to GitLab Class A and Class B common stockholders, basic and diluted:$(0.03)$(0.22)
Weighted-average shares used to compute net loss per share attributable to GitLab Class A and Class B common stockholders, basic and diluted:169,948164,491

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is GitLab's net income?
GitLab (GTLB) reported net income of -$4.97M in Q1 2026.
How has GitLab's net income changed year-over-year?
GitLab's net income increased by 86.1% year-over-year, from -$35.88M to -$4.97M.
What is the long-term trend for GitLab's net income?
Over 3 years (2022 to 2026), GitLab's net income has grown at a -28.8% compound annual growth rate (CAGR), from -$155.14M to -$55.96M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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