Cash flow GitLab Inc.

Equities

GTLB

US37637K1088

Software

Market Closed - Nasdaq Other stock markets 04:00:00 2026-01-16 pm EST			5-day change	1st Jan Change
34.14 ^USD	-1.76%		-3.53%	-9.03%

Jan. 07	Cantor Fitzgerald Downgrades Gitlab to Neutral From Overweight, Adjusts Price Target to $40 From $60	MT
Jan. 05	Gitlab Chief Technology Officer Sabrina Farmer Resigns	MT

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Published financial data: GITLAB INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2021	2022	2023	2024	2025
Revenues	152M	253M	424M	580M	759M
Total Revenues	152M	253M	424M	580M	759M
Cost of Goods Sold, Total	18.46M	29.98M	51.68M	59.24M	85.14M
Gross Profit	134M	223M	373M	521M	674M
Selling General & Admin Expenses, Total	241M	254M	428M	501M	570M
R&D Expenses	107M	97.22M	156M	199M	239M
Other Operating Expenses, Total	348M	351M	584M	700M	809M
Operating Income	-214M	-128M	-211M	-179M	-135M
Interest And Investment Income	1.07M	736K	14.5M	39.11M	47.74M
Net Interest Expenses	1.07M	736K	14.5M	39.11M	47.74M
Income (Loss) On Equity Invest.	-	-	-2.47M	-3.82M	-
Currency Exchange Gains (Loss)	23.45M	-30.85M	4.36M	-3.16M	9.42M
Other Non Operating Income (Expenses)	-	-	-577K	189K	-229K
EBT, Excl. Unusual Items	-189M	-159M	-196M	-147M	-78.45M
Restructuring Charges	-	-	-	-8.03M	-1.9M
Merger & Related Restructuring Charges	-	-500K	-	-	-1.7M
Gain (Loss) On Sale Of Investments	-	-	-	-8.86M	-
Gain (Loss) On Sale Of Assets	-	-	17.8M	-	-
Other Unusual Items	-	-	-	-	-3.75M
EBT, Incl. Unusual Items	-189M	-159M	-178M	-164M	-85.79M
Income Tax Expense	2.83M	-1.51M	2.9M	264M	-76.67M
Earnings From Continuing Operations	-192M	-158M	-181M	-428M	-9.12M
Net Income to Company	-192M	-158M	-181M	-428M	-9.12M
Minority Interest	-	2.42M	8.38M	3.86M	2.79M
Net Income - (IS)	-192M	-155M	-172M	-424M	-6.33M
Net Income to Common Incl Extra Items	-192M	-155M	-172M	-424M	-6.33M
Net Income to Common Excl. Extra Items	-192M	-155M	-172M	-424M	-6.33M
Per Share Items
Net EPS - Basic	-3.82	-1.95	-1.16	-2.75	-0.04
Basic EPS - Continuing Operations	-3.82	-1.95	-1.16	-2.75	-0.04
Basic Weighted Average Shares Outstanding	50.34M	79.76M	148M	154M	161M
Net EPS - Diluted	-3.82	-1.95	-1.16	-2.75	-0.04
Diluted EPS - Continuing Operations	-3.82	-1.95	-1.16	-2.75	-0.04
Diluted Weighted Average Shares Outstanding	50.34M	79.76M	148M	154M	161M
Normalized Basic EPS	-2.35	-1.21	-0.77	-0.57	-0.29
Normalized Diluted EPS	-2.35	-1.21	-0.77	-0.57	-0.29
Supplemental Items
EBITDA	-214M	-127M	-208M	-175M	-132M
EBITA	-214M	-128M	-211M	-179M	-135M
EBIT	-214M	-128M	-211M	-179M	-135M
EBITDAR	-	-	-208M	-174M	-132M
Total Revenues (As Reported)	152M	253M	424M	580M	759M
Effective Tax Rate - (Ratio)	-1.5	0.95	-1.63	-161.03	89.37
Current Domestic Taxes	2.52M	-863K	1.43M	-1.77M	2.03M
Current Foreign Taxes	315K	671K	822K	256M	-68.02M
Total Current Taxes	2.83M	-192K	2.25M	255M	-65.99M
Deferred Domestic Taxes	-	-1.44M	614K	-810K	-3K
Deferred Foreign Taxes	-	124K	30K	10.34M	-10.68M
Total Deferred Taxes	-	-1.32M	644K	9.53M	-10.68M
Normalized Net Income	-118M	-96.68M	-114M	-88.07M	-46.24M
Supplemental Operating Expense Items
Advertising Expense	-	21.4M	27.3M	32.5M	34.5M
Selling and Marketing Expenses	154M	191M	310M	353M	383M
General and Administrative Expenses	86.87M	63.15M	118M	149M	187M
Research And Development Expense From Footnotes	107M	97.22M	156M	201M	240M
Net Rental Expense, Total	-	-	600K	600K	400K
Stock-Based Comp., COGS (Total)	1.18M	1.3M	5.08M	6.4M	7.92M
Stock-Based Comp., R&D Exp. (Total)	31.52M	8.3M	36.32M	50.8M	58.31M
Stock-Based Comp., S&M Exp. (Total)	21.5M	10.55M	48M	68.77M	72.95M
Stock-Based Comp., G&A Exp. (Total)	57.64M	9.85M	33.16M	37.08M	46.71M
Total Stock-Based Compensation	112M	30.01M	123M	163M	186M

Fiscal Period: January	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	283M	885M	295M	288M	228M
Short Term Investments	-	50.03M	641M	748M	765M
Total Cash And Short Term Investments	283M	935M	937M	1.04B	992M
Accounts Receivable, Total	39.65M	77.23M	132M	169M	267M
Other Receivables	-	-	2.31M	12.62M	11.54M
Total Receivables	39.65M	77.23M	134M	181M	279M
Prepaid Expenses	5.67M	11.08M	15.73M	29.63M	24.85M
Restricted Cash	-	-	2.5M	-	-
Other Current Assets, Total	20.32M	28.83M	28.76M	33.75M	40.55M
Total Current Assets	348M	1.05B	1.12B	1.28B	1.34B
Gross Property Plant And Equipment	-	3.81M	10.79M	10.74M	7.47M
Accumulated Depreciation	-	-543K	-3.99M	-7.38M	-3.08M
Net Property Plant And Equipment	-	3.27M	6.8M	3.36M	4.39M
Long-term Investments	-	-	12.68M	-	-
Goodwill	-	8.14M	8.14M	8.14M	16.14M
Other Intangibles, Total	797K	6.28M	4.5M	2.07M	17.98M
Deferred Charges Long-Term	11.78M	14.74M	15.63M	19.32M	20.14M
Other Long-Term Assets, Total	1.5M	7.15M	3.49M	4.05M	4.29M
Total Assets	363M	1.09B	1.17B	1.32B	1.4B
Liabilities
Accounts Payable, Total	3.11M	4.98M	5.18M	1.74M	7.52M
Accrued Expenses, Total	19.1M	52.03M	38.93M	54.06M	75.26M
Current Portion of Leases	-	-	716K	410K	275K
Current Income Taxes Payable	206K	319K	859K	261M	13.11M
Unearned Revenue Current, Total	104M	179M	254M	338M	443M
Other Current Liabilities	1.22M	5.05M	6.23M	6.63M	6.27M
Total Current Liabilities	127M	242M	306M	662M	545M
Long-Term Leases	-	-	413K	-	117K
Unearned Revenue Non Current	30.62M	32.57M	28.36M	23.79M	26.37M
Deferred Tax Liability Non Current	-	-	849K	10.56M	44K
Other Non Current Liabilities	11.08M	18M	8.56M	3.5M	6.4M
Total Liabilities	169M	292M	344M	700M	578M
Preferred Stock Convertible	425M	-	-	-	-
Total Preferred Equity	425M	-	-	-	-
Additional Paid In Capital	187M	1.32B	1.5B	1.72B	1.95B
Retained Earnings	-398M	-553M	-726M	-1.15B	-1.17B
Comprehensive Income and Other	-19.92M	7.72M	-705K	2.34M	-8.51M
Total Common Equity	-231M	775M	771M	571M	776M
Minority Interest	-	24.4M	53.7M	46.76M	45.4M
Total Equity	194M	799M	825M	618M	821M
Total Liabilities And Equity	363M	1.09B	1.17B	1.32B	1.4B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	53.62M	148M	152M	159M	164M
ECS Total Common Shares Outstanding	53.62M	147M	151M	158M	164M
Book Value / Share	-4.31	5.28	5.1	3.63	4.73
Tangible Book Value	-232M	760M	758M	561M	742M
Tangible Book Value Per Share	-4.33	5.18	5.02	3.56	4.53
Total Debt	0	0	1.13M	410K	392K
Net Debt	-283M	-935M	-936M	-1.04B	-992M
Debt Equivalent Oper. Leases	-	-	4.8M	4.8M	3.2M
Minority Interest, Total (Incl. Fin. Div)	-	24.4M	53.7M	46.76M	45.4M
Equity Method Investments, Total	-	-	12.68M	-	-
Account Code - Inventory Valuation	-	3	3	3	3
Machinery, Total	-	3.05M	8.58M	9.18M	7.01M
Full Time Employees	1.3K	1.63K	2.17K	2.13K	2.38K
Accumulated Allowance for Doubtful Accounts (Supple)	1.02M	1.1M	1.56M	673K	991K

Fiscal Period: January	2021	2022	2023	2024	2025
Net Income	-192M	-155M	-172M	-424M	-6.33M
Depreciation & Amortization - CF	-	543K	3.23M	4.37M	2.86M
Amortization of Goodwill and Intangible Assets - (CF)	222K	665K	-38K	-33K	26K
Depreciation & Amortization, Total	222K	1.21M	3.19M	4.34M	2.89M
Amortization of Deferred Charges, Total - (CF)	18.47M	33.37M	47.36M	45.66M	57.81M
(Gain) Loss From Sale Of Asset	-91K	-	-17.8M	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-6.08M	-11.49M	-16.75M
(Income) Loss On Equity Investments - (CF)	-	-	3.19M	3.82M	-
Stock-Based Compensation (CF)	112M	30.01M	123M	163M	186M
Provision and Write-off of Bad Debts	549K	-	-	-	-
Other Operating Activities, Total	-24.32M	18.16M	-12.68M	12.82M	4.19M
Change In Accounts Receivable	-14.74M	-38.22M	-54.17M	-36.34M	-99.65M
Change In Accounts Payable	1.47M	1.88M	287K	-3.44M	5.5M
Change in Unearned Revenues	52.38M	79.07M	73M	79.35M	109M
Change in Other Net Operating Assets	-27.17M	-20.15M	-63.97M	201M	-306M
Cash from Operations	-73.58M	-49.81M	-77.41M	35.04M	-63.97M
Capital Expenditure	-	-3.54M	-6.07M	-1.6M	-11.42M
Sale of Property, Plant, and Equipment	91K	-	-	-	-
Cash Acquisitions	-	-323K	-	-	-20.21M
Divestitures	-	-	-9.62M	-	-
Sale (Purchase) of Intangible assets	-933K	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-50.03M	-590M	-81.69M	684K
Other Investing Activities, Total	-	-	-	-2.95M	457K
Cash from Investing	-842K	-53.9M	-606M	-86.24M	-30.49M
Issuance of Common Stock	13.76M	680M	38.89M	45.24M	37.52M
Repurchase of Common Stock	-820K	-590K	-	-	-
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-	21.78M	58.59M	-	-4.9M
Cash from Financing	12.94M	701M	97.48M	45.24M	32.62M
Foreign Exchange Rate Adjustments	1M	6.85M	-3.66M	-3.94M	1.5M
Net Change in Cash	-60.48M	604M	-589M	-9.91M	-60.35M
Supplemental Items
Cash Income Tax Paid (Refund)	1.9M	1.31M	838K	6.9M	191M
Levered Free Cash Flow	20.83M	43.68M	34.73M	392M	-77.19M
Unlevered Free Cash Flow	20.83M	43.68M	34.73M	392M	-77.19M
Change In Net Working Capital	-24.9M	-62.92M	190K	-293M	228M

Fiscal Period: January	2021	2022	2023	2024	2025
Profitability
Return on Assets	-35.44	-11.04	-11.69	-9.02	-6.22
Return on Total Capital	-55.23	-16.17	-16.26	-15.53	-11.85
Return On Equity %	-79.41	-31.74	-22.25	-59.34	-1.28
Return on Common Equity	105.03	-57.07	-22.29	-63.21	-0.95
Margin Analysis
Gross Profit Margin %	87.87	88.13	87.82	89.78	88.79
SG&A Margin	158.34	100.5	100.85	86.45	75.1
EBITDA Margin %	-140.4	-50.37	-49.07	-30.19	-17.45
EBITA Margin %	-140.4	-50.58	-49.83	-30.94	-17.83
EBIT Margin %	-140.55	-50.84	-49.82	-30.94	-17.83
Income From Continuing Operations Margin %	-126.3	-62.36	-42.58	-73.81	-1.2
Net Income Margin %	-126.3	-61.4	-40.61	-73.15	-0.83
Net Avail. For Common Margin %	-126.3	-61.4	-40.61	-73.15	-0.83
Normalized Net Income Margin	-77.77	-38.27	-26.83	-15.19	-6.09
Levered Free Cash Flow Margin	13.69	17.29	8.18	67.61	-10.17
Unlevered Free Cash Flow Margin	13.69	17.29	8.18	67.61	-10.17
Asset Turnover
Asset Turnover	0.4	0.35	0.38	0.47	0.56
Fixed Assets Turnover	-	-	84.31	114.22	195.86
Receivables Turnover (Average Receivables)	4.72	4.32	4.06	3.86	3.49
Short Term Liquidity
Current Ratio	2.74	4.35	3.65	1.93	2.45
Quick Ratio	2.54	4.19	3.5	1.84	2.33
Operating Cash Flow to Current Liabilities	-0.58	-0.21	-0.25	0.05	-0.12
Days Sales Outstanding (Average Receivables)	77.48	84.43	89.99	94.62	105
Average Days Payable Outstanding	47.42	49.27	35.91	21.32	19.9
Long Term Solvency
Total Debt/Equity	-	-	0.14	0.07	0.05
Total Debt / Total Capital	-	-	0.14	0.07	0.05
LT Debt/Equity	-	-	0.05	-	0.01
Long-Term Debt / Total Capital	-	-	0.05	-	0.01
Total Liabilities / Total Assets	46.58	26.77	29.46	53.11	41.3
Total Debt / EBITDA	-	-	-0.01	-0	-0
Net Debt / EBITDA	1.32	7.35	4.51	5.94	7.51
Total Debt / (EBITDA - Capex)	-	-	-0.01	-0	-0
Net Debt / (EBITDA - Capex)	1.32	7.15	4.38	5.88	6.91
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	87.35	66.03	67.95	36.66	30.93
Gross Profit, 1 Yr. Growth %	86.1	66.53	67.36	39.72	29.47
EBITDA, 1 Yr. Growth %	-	-40.44	62.1	-15.92	-24.33
EBITA, 1 Yr. Growth %	66.45	-40.19	63.92	-15.14	-24.58
EBIT, 1 Yr. Growth %	66.62	-39.94	63.94	-15.14	-24.55
Earnings From Cont. Operations, 1 Yr. Growth %	47	-18.02	14.68	136.88	-97.88
Net Income, 1 Yr. Growth %	47	-19.28	11.07	146.17	-98.51
Normalized Net Income, 1 Yr. Growth %	46.18	-18.31	17.39	-22.65	-47.66
Diluted EPS Before Extra, 1 Yr. Growth %	38.14	-49.05	-40.31	136.79	-98.57
Accounts Receivable, 1 Yr. Growth %	60.04	94.78	70.93	27.75	58.32
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	107.73	-50.57	30.81
Total Assets, 1 Yr. Growth %	-7.47	201.03	7.12	12.71	5.89
Tangible Book Value, 1 Yr. Growth %	72.19	-427.75	-0.14	-26.03	34.98
Common Equity, 1 Yr. Growth %	71.6	-435.12	-0.5	-25.92	38.61
Cash From Operations, 1 Yr. Growth %	22.29	-32.3	55.39	-145.27	-282.57
Capital Expenditures, 1 Yr. Growth %	-	-	71.42	-73.67	614.96
Levered Free Cash Flow, 1 Yr. Growth %	-	100.75	-19.92	1.03K	-119.12
Unlevered Free Cash Flow, 1 Yr. Growth %	-	100.75	-19.92	1.03K	-119.12
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	76.36	66.99	51.5	33.76
Gross Profit, 2 Yr. CAGR %	-	76.04	66.94	52.91	34.5
EBITDA, 2 Yr. CAGR %	-	-	-1.33	16.75	-20.23
EBITA, 2 Yr. CAGR %	-	-0.22	-0.57	17.95	-20
EBIT, 2 Yr. CAGR %	-	0.04	-0.58	17.95	-19.98
Earnings From Cont. Operations, 2 Yr. CAGR %	-	9.78	-3.04	64.82	-77.6
Net Income, 2 Yr. CAGR %	-	8.93	-5.31	65.35	-80.9
Normalized Net Income, 2 Yr. CAGR %	-	9.28	-1.91	-4.71	-36.27
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-16.1	-44.85	18.89	-81.64
Accounts Receivable, 2 Yr. CAGR %	-	76.56	82.46	47.77	42.22
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	1.34	-19.59
Total Assets, 2 Yr. CAGR %	-	66.89	79.58	9.88	9.4
Tangible Book Value, 2 Yr. CAGR %	-	137.56	80.79	-14.06	-1.1
Common Equity, 2 Yr. CAGR %	-	139.8	82.61	-14.14	0.32
Cash From Operations, 2 Yr. CAGR %	-	-9.01	2.57	-16.13	-9.09
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-32.82	37.19
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	29.13	200.68	49.09
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	29.13	200.68	49.09
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	73.51	56.2	44.31
Gross Profit, 3 Yr. CAGR %	-	-	73.1	57.32	44.66
EBITDA, 3 Yr. CAGR %	-	-	-	-6.45	1.04
EBITA, 3 Yr. CAGR %	-	-	18.1	-5.68	1.61
EBIT, 3 Yr. CAGR %	-	-	18.09	-5.69	1.63
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	11.39	30.59	-61.32
Net Income, 3 Yr. CAGR %	-	-	9.64	30.2	-65.58
Normalized Net Income, 3 Yr. CAGR %	-	-	12.04	-9.38	-21.88
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-25.1	-10.37	-72.74
Accounts Receivable, 3 Yr. CAGR %	-	-	74.66	62.02	51.21
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-	10.34
Total Assets, 3 Yr. CAGR %	-	-	43.96	53.75	8.63
Tangible Book Value, 3 Yr. CAGR %	-	-	77.88	34.22	-0.78
Common Equity, 3 Yr. CAGR %	-	-	78.86	35.18	0.04
Cash From Operations, 3 Yr. CAGR %	-	-	8.76	-21.91	8.7
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	47.77
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	166.03	21.19
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	166.03	21.19
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	56.36
Gross Profit, 5 Yr. CAGR %	-	-	-	-	56.48
EBITA, 5 Yr. CAGR %	-	-	-	-	1.06
EBIT, 5 Yr. CAGR %	-	-	-	-	1.07
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-41.29
Net Income, 5 Yr. CAGR %	-	-	-	-	-45.43
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	-10.6
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-57.26
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	60.88
Total Assets, 5 Yr. CAGR %	-	-	-	-	28.99
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	40.65
Common Equity, 5 Yr. CAGR %	-	-	-	-	41.92
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	1.23