What is GitLab's operating margin?

GitLab (GTLB) reported operating margin of -5.1% in Q1 2026.

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

GitLab's operating margin increased by 66.6% year-over-year, from -15.4% to -5.1%.

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

Over 4 years (2022 to 2026), GitLab's operating margin has grown at a -38.3% compound annual growth rate (CAGR), from -51% to -7.4%.

What does operating margin mean?

Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

GitLab GTLB Operating margin

Operating margin at other companies

MicrosoftMSFT

46.8%+1.6pp

AtlassianTEAM

-3.7%+0.3pp

JFrog Ltd.FROG

-14.5%-3.6pp

DigitalOceanDOCN

16.4%+1.9pp

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$149.2M+40.4%

CapEx$2.4M+162%

Free cash flow$146.8M+39.3%

Valuation

See full

Market cap$4.49B-49.7%

P/S4.5×-6.6×

Profitability

See full

Gross margin86.7%-1.9pp

Net margin-2.5%—

FCF margin26.2%—

Returns & leverage

See full

Return on equity-2.8%—

Debt / equity0×0.0×

Current ratio2.5×+0.1×

Where this comes from

Calculated from GitLab’s reported figures.

operating income/total revenue=-5.1%

Based on trailing twelve months.

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

Ask your AI about GitLab's operating margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is GitLab's operating margin?: GitLab (GTLB) reported operating margin of -5.1% in Q1 2026.
How has GitLab's operating margin changed year-over-year?: GitLab's operating margin increased by 66.6% year-over-year, from -15.4% to -5.1%.
What is the long-term trend for GitLab's operating margin?: Over 4 years (2022 to 2026), GitLab's operating margin has grown at a -38.3% compound annual growth rate (CAGR), from -51% to -7.4%.
What does operating margin mean?: Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.