What is GitLab's total debt?

GitLab (GTLB) reported total debt of $400K in Q2 2025.

How has GitLab's total debt changed year-over-year?

GitLab's total debt decreased by 20.0% year-over-year, from $500K to $400K.

What is the long-term trend for GitLab's total debt?

Over 2 years (2023 to 2025), GitLab's total debt has grown at a -39.7% compound annual growth rate (CAGR), from $1.1M to $400K.

What does total debt mean?

Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.

GitLab GTLB Total debt

Discontinued — last reported Q2 '26

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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%

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 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

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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

Computed from long term debt + current portion long term debt + short term borrowings + operating lease liabilities + finance lease liabilities + financing obligations: $400K.

The official record: GitLab’s 10-Q, filed September 4, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is GitLab's total debt?: GitLab (GTLB) reported total debt of $400K in Q2 2025.
How has GitLab's total debt changed year-over-year?: GitLab's total debt decreased by 20.0% year-over-year, from $500K to $400K.
What is the long-term trend for GitLab's total debt?: Over 2 years (2023 to 2025), GitLab's total debt has grown at a -39.7% compound annual growth rate (CAGR), from $1.1M to $400K.
What does total debt mean?: Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.