Gitlab (GTLB) Cost of Revenue (2020 - 2026)

Gitlab's (GTLB) quarterly Cost of Revenue came in at $35.0 million in Q1 2026, up 52.97% year-on-year from $22.9 million in Q1 2025, and up 8.57% on a QoQ basis from $32.2 million in Q4 2025.

Gitlab (GTLB) Cost of Revenue (2020 - 2026) Analysis & Trends

Gitlab (GTLB) has 7 years of Cost of Revenue data on file, last reported at $35.0 million in Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 52.97% year-over-year to $35.0 million in Q1 2026; TTM through Jan 2026 was $120.7 million, a 41.82% increase from a year earlier, with the FY2026 full-year figure at $120.7 million, up 41.82% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $35.0 million, up from $32.2 million in the prior quarter.
  • Over the last five years, Cost of Revenue for GTLB reached as high as $35.0 million in Q1 2026 and fell as low as $9.2 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $19.2 million across 5 years, with a median of $16.0 million in 2024.
  • Across the five-year window, Cost of Revenue jumped 102.42% in 2022 and gained 3.57% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $14.6 million in 2022, then increased by 3.57% to $15.1 million in 2023, then soared by 46.68% to $22.1 million in 2024, then jumped by 45.63% to $32.2 million in 2025, then increased by 8.57% to $35.0 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $35.0 million in Q1 2026, $32.2 million in Q4 2025, and $28.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 26.83 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 71.28 Mn
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 215.80 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 685.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 311.70 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 364.50 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 184.16 Mn
10 Gitlab 5.50 Bn 4.24 Bn 225.42 Mn 34.98 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 34.98 Mn
Jan 31, 2026 34.98 Mn
Oct 31, 2025 32.22 Mn
Oct 31, 2025 32.22 Mn
Jul 31, 2025 28.51 Mn
Jul 31, 2025 28.51 Mn
Apr 30, 2025 25.04 Mn
Apr 30, 2025 25.04 Mn
Jan 31, 2025 22.87 Mn
Jan 31, 2025 22.87 Mn
Oct 31, 2024 22.13 Mn
Oct 31, 2024 22.13 Mn
Jul 31, 2024 21.37 Mn
Jul 31, 2024 21.37 Mn
Apr 30, 2024 18.78 Mn
Apr 30, 2024 18.78 Mn
Jan 31, 2024 15.99 Mn
Jan 31, 2024 15.99 Mn
Oct 31, 2023 15.08 Mn
Oct 31, 2023 15.08 Mn