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GitLab GTLB Return on invested capital

Return on invested capital at other companies

Microsoft logo
MicrosoftMSFT
25.6%-2.0pp
Atlassian logo
AtlassianTEAM
40%+22.4pp
JFrog Ltd. logo
JFrog Ltd.FROG
-9.9%-2.1pp
DigitalOcean logo
DigitalOceanDOCN
10.8%0.0pp
Grid Dynamics Holdings, Inc. logo
Grid Dynamics Holdings, Inc.GDYN
-0.3%-2.5pp
Brand Engagement Network, Inc. logo
Brand Engagement Network, Inc.BNAI
-208.7%-49.5pp

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$6.11B-15.5%
P/S6.1×-2.3×

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

Calculated from GitLab’s reported figures.

Based on trailing twelve months.

The source filing: GitLab’s 10-Q, filed September 4, 2025. Open the filing →

Filed
Sep 4, 2025
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2025
Accession
0001653482-25-000010

FAQ

What is GitLab's return on invested capital?
GitLab (GTLB) reported return on invested capital of -24.9% in Q2 2025.
How has GitLab's return on invested capital changed year-over-year?
GitLab's return on invested capital increased by 47.4% year-over-year, from -47.4% to -24.9%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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