Gitlab (GTLB) Asset Utilization Ratio (2022 - 2026)
Gitlab (GTLB) posted quarterly Asset Utilization Ratio of 0.58 for Q1 2026, up 1.3% YoY from 0.57 in Q1 2025, and down 1.78% sequentially from 0.59 in Q4 2025.
Gitlab (GTLB) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Gitlab has disclosed Asset Utilization Ratio across 5 years of filings, most recently posting 0.58 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 1.3% year-over-year to 0.58; the TTM figure through Jan 2026 stood at 0.58 (up 1.3% YoY), while the FY2026 annual figure was 0.61, up 9.64% from the prior year.
- Asset Utilization Ratio fell to 0.58 in Q1 2026, 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.
- The 5-year median for Asset Utilization Ratio is 0.46 (2024), against an average of 0.45.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio surged 55.54% — and 2026, when it climbed 1.3%.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.34 in 2022, then jumped by 31.53% to 0.45 in 2023, then climbed by 21.32% to 0.54 in 2024, then grew by 9.09% to 0.59 in 2025, then decreased by 1.78% to 0.58 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.58, 0.59, and 0.58 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 0.47 |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 0.27 |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 0.55 |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 0.41 |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 0.46 |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 0.70 |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 0.38 |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 0.17 |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 0.62 |
| 10 | Gitlab | 5.26 Bn | 4.04 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 |