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
DateValue
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