Gitlab (GTLB) Asset Utilization Ratio (2022 - 2026)
Gitlab's (GTLB) quarterly Asset Utilization Ratio came in at 0.63 in Q3 2026, up 7.39% year-over-year from 0.58 in Q3 2025, and up 6.9% quarter-over-quarter from 0.59 in Q2 2026.
Analysis
Gitlab (GTLB) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Gitlab (GTLB) has reported Asset Utilization Ratio for 5 consecutive years, with 0.63 the latest figure, recorded in Q3 2026.
- On a quarterly basis, Asset Utilization Ratio rose 7.39% year-over-year to 0.63 in Q3 2026; TTM through Jul 2026 was 0.63, a 7.39% increase from a year earlier, with the FY2026 full-year figure at 0.61, up 9.64% from the prior year.
- Asset Utilization Ratio was 0.63 for Q3 2026 at Gitlab, up from 0.59 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.63 in Q3 2026 and troughed at 0.24 in Q1 2022.
- A 5-year average of 0.47 and a median of 0.47 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio jumped 55.54% in 2023 and advanced 1.3% in 2026, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.34 in 2022, then soared by 31.53% to 0.45 in 2023, then advanced by 21.32% to 0.54 in 2024, then climbed by 9.09% to 0.59 in 2025, then climbed by 6.12% to 0.63 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.63 (Q3 2026), 0.59 (Q2 2026), and 0.58 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn | 0.31 |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn | 0.42 |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn | 0.63 |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn | 0.98 |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn | 0.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.63 |
| Apr 30, 2026 | 0.59 |
| 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 |