Gitlab (GTLB) Asset Utilization Ratio (2022 - 2026)
Gitlab (GTLB) posted quarterly Asset Utilization Ratio of 0.58 for Q1 2026, up 1.3% year-over-year from 0.57 in Q1 2025, and down 1.78% quarter-over-quarter from 0.59 in Q4 2025.
Gitlab (GTLB) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Gitlab (GTLB) has reported Asset Utilization Ratio for 5 consecutive years, with 0.58 the latest figure, recorded in 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 retreated to 0.58 in Q1 2026 per GTLB's latest filing, from 0.59 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.59 in Q4 2025 and bottomed at 0.24 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.45 across 5 years, with a median of 0.46 in 2024.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio surged 55.54% — and 2026, when it climbed 1.3%.
- Gitlab's Asset Utilization Ratio stood at 0.34 in 2022, then surged by 31.53% to 0.45 in 2023, then grew by 21.32% to 0.54 in 2024, then increased by 9.09% to 0.59 in 2025, then slipped by 1.78% to 0.58 in 2026.
- Business Quant data shows GTLB's Asset Utilization Ratio at 0.58 in Q1 2026, 0.59 in Q4 2025, and 0.58 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 0.46 |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 0.56 |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 0.27 |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 0.30 |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 0.73 |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 0.40 |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 0.17 |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 0.11 |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 0.63 |
| 10 | Gitlab | 7.04 Bn | 5.69 Bn | 226.67 Mn | 0.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |