Gitlab Inc.

Gitlab Inc.GTLBEarnings & Financial Report

Nasdaq · Information Technology · Services-Prepackaged Software

GitLab Inc. is an American company that operates and develops GitLab, an open-core DevOps software package that can develop, secure, and operate software. GitLab includes a distributed version control system based on Git, including features such as access control, bug tracking, software feature requests, task management, and wikis for every project, as well as snippets.

GTLB Q3 FY2026 Key Financial Metrics

Revenue

$244.4M

Gross Profit

$212.1M

Operating Profit

$-12.4M

Net Profit

$-8.3M

Gross Margin

86.8%

Operating Margin

-5.1%

Net Margin

-3.4%

YoY Growth

24.6%

EPS

$-0.05

Gitlab Inc. Q3 FY2026 Financial Summary

Gitlab Inc. reported revenue of $244.4M (up 24.6% YoY) for Q3 FY2026, with a net profit of $-8.3M (down 128.0% YoY) (-3.4% margin). Cost of goods sold was $32.2M, operating expenses totaled $224.5M.

Key Financial Metrics

Total Revenue$244.4M
Net Profit$-8.3M
Gross Margin86.8%
Operating Margin-5.1%
Report PeriodQ3 FY2026

Revenue Breakdown

Gitlab Inc. Q3 FY2026 revenue of $244.4M breaks down across 4 segments, led by Subscription And Circulation at $146.4M (59.9% of total).

SegmentRevenue% of Total
Subscription And Circulation$146.4M59.9%
Subscription Software As A Service$76.9M31.5%
License$15.5M6.4%
Professional Services And Other$5.6M2.3%

Gitlab Inc. Revenue by Segment — Quarterly Trend

Gitlab Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription And Circulation and Subscription Software As A Service) has evolved quarter over quarter.

SegmentQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Subscription And Circulation$146.4M$140.7M$151.1M$125.1M
Subscription Software As A Service$76.9M$72.0M$60.4M
License$15.5M$18.1M$20.2M$21.1M
Professional Services And Other$5.6M$5.1M$6.0M$4.8M

Gitlab Inc. Annual Revenue by Year

Gitlab Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $759.2M).

YearAnnual Revenue
2025$759.2Mvs 2024
2024$579.9Mvs 2023
2023$424.3Mvs 2022

Gitlab Inc. Quarterly Revenue & Net Profit History

Gitlab Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q3 FY2026$244.4M+24.6%$-8.3M-3.4%
Q2 FY2026$236.0M+29.2%$-9.2M-3.9%
Q1 FY2026$214.5M+26.8%$-35.9M-16.7%
Q4 FY2025$211.4M+29.1%$5.8M2.7%
Q3 FY2025$196.0M+31.0%$29.6M15.1%
Q2 FY2025$182.6M+30.8%$12.9M7.1%
Q1 FY2025$169.2M+33.3%$-54.6M-32.3%
Q4 FY2024$163.8M+33.3%$-36.5M-22.3%

Income Statement

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$163.8M$169.2M$182.6M$196.0M$211.4M$214.5M$236.0M$244.4M
YoY Growth33.3%33.3%30.8%31.0%29.1%26.8%29.2%24.6%

Balance Sheet

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Assets$1.32B$1.32B$1.38B$1.25B$1.40B$1.44B$1.50B$1.57B
Liabilities$699.9M$707.3M$688.3M$482.4M$578.0M$589.4M$586.6M$602.8M
Equity$571.2M$567.8M$642.8M$724.7M$775.9M$808.3M$866.6M$922.7M

Cash Flow

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Operating CF$24.9M$38.1M$11.7M$-177.0M$63.2M$106.3M$49.4M$31.4M