Gitlab (GTLB) Asset Utilization Ratio (2022 - 2026)
Gitlab's (GTLB) quarterly Asset Utilization Ratio came in at 0.58 in Q1 2026, up 1.3% year-on-year from 0.57 in Q1 2025, and down 1.78% on a QoQ basis from 0.59 in Q4 2025.
Gitlab (GTLB) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Gitlab (GTLB) has 5 years of Asset Utilization Ratio data on file, last reported at 0.58 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 1.3% year-over-year to 0.58 in Q1 2026; TTM through Jan 2026 was 0.58, a 1.3% increase from a year earlier, with the FY2026 full-year figure at 0.61, up 9.64% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.58, down from 0.59 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for GTLB reached as high as 0.59 in Q4 2025 and fell as low as 0.24 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.45 across 5 years, with a median of 0.46 in 2024.
- Across the five-year window, Asset Utilization Ratio soared 55.54% in 2023 and gained 1.3% in 2026, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.34 in 2022, then jumped by 31.53% to 0.45 in 2023, then rose by 21.32% to 0.54 in 2024, then gained by 9.09% to 0.59 in 2025, then declined by 1.78% to 0.58 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.58 in Q1 2026, 0.59 in Q4 2025, and 0.58 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 0.47 |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 0.27 |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 0.27 |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 0.55 |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 0.41 |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 0.46 |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 0.70 |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 0.38 |
| 10 | Gitlab | 5.50 Bn | 4.24 Bn | 225.42 Mn | 0.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 0.58 |
| Oct 31, 2025 | 0.59 |
| Jul 31, 2025 | 0.58 |
| Apr 30, 2025 | 0.57 |
| Jan 31, 2025 | 0.57 |
| Oct 31, 2024 | 0.54 |
| Jul 31, 2024 | 0.49 |
| Apr 30, 2024 | 0.47 |
| Jan 31, 2024 | 0.46 |
| Oct 31, 2023 | 0.45 |
| Jul 31, 2023 | 0.43 |
| Apr 30, 2023 | 0.40 |
| Jan 31, 2023 | 0.37 |
| Oct 31, 2022 | 0.34 |
| Jul 31, 2022 | 0.30 |
| Apr 30, 2022 | 0.26 |
| Jan 31, 2022 | 0.24 |