What is GitLab's price / book?

GitLab (GTLB) reported price / book of 3.8× in Q1 2026.

How has GitLab's price / book changed year-over-year?

GitLab's price / book decreased by 58.7% year-over-year, from 9.3× to 3.8×.

What is the long-term trend for GitLab's price / book?

Over 4 years (2022 to 2026), GitLab's price / book has grown at a -16.3% compound annual growth rate (CAGR), from 12.1× to 5.9×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

GitLab GTLB Price / book

Price / book at other companies

MicrosoftMSFT

6.6×-2.0×

AtlassianTEAM

20.5×-20.1×

JFrog Ltd.FROG

6.1×+1.6×

DigitalOceanDOCN

10×—

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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Gross margin86.7%-1.9pp

Operating margin-5.1%-2.1pp

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.

market cap/total stockholders equity=3.8×

Based on the most recent quarter.

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 price / book?: GitLab (GTLB) reported price / book of 3.8× in Q1 2026.
How has GitLab's price / book changed year-over-year?: GitLab's price / book decreased by 58.7% year-over-year, from 9.3× to 3.8×.
What is the long-term trend for GitLab's price / book?: Over 4 years (2022 to 2026), GitLab's price / book has grown at a -16.3% compound annual growth rate (CAGR), from 12.1× to 5.9×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.