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

Gitlab (GTLB) reported Cost of Revenue of $112.6 million for Q1 2026, up 392.29% year-over-year from $22.9 million in Q1 2025, and up 7.25% quarter-over-quarter from $105.0 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 $112.6 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $112.6 million, up 392.29% year-over-year; the trailing twelve-month figure through Jan 2026 was $352.2 million (up 122.39% YoY), and the FY2026 annual result was $434.7 million, up 410.6% from the prior year.
  • Cost of Revenue advanced to $112.6 million in Q1 2026 per GTLB's latest filing, from $105.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $312.7 million in Q1 2024 and troughed at $9.8 million in Q2 2022.
  • A 5-year average of $89.6 million and a median of $86.5 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue jumped 1021.93% in 2022, then tumbled 92.69% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $14.6 million in 2022, then soared by 497.21% to $87.0 million in 2023, then advanced by 9.61% to $95.3 million in 2024, then climbed by 10.1% to $105.0 million in 2025, then gained by 7.25% to $112.6 million in 2026.
  • Business Quant data shows GTLB's Cost of Revenue at $112.6 million in Q1 2026, $105.0 million in Q4 2025, and $109.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,957.81 Bn 2,879.54 Bn 56.06 Bn 6.81 Bn
2 Alarum Technologies 1,062.12 Bn 1,047.96 Bn 7.23 Mn 4.48 Mn
3 Oracle 576.96 Bn 538.38 Bn 15.14 Bn 2.05 Bn
4 Palantir Technologies 312.40 Bn 304.48 Bn 1.42 Bn 215.80 Mn
5 Palo Alto Networks 182.37 Bn 177.84 Bn 1.91 Bn 823.00 Mn
6 CrowdStrike Holdings 162.52 Bn 159.46 Bn 993.68 Mn 463.58 Mn
7 Fortinet 102.63 Bn 99.33 Bn 1.49 Bn 636.30 Mn
8 Synopsys 87.41 Bn 87.29 Bn 1.77 Bn 396.38 Mn
9 Cloudflare 77.39 Bn 76.44 Bn 455.60 Mn 184.16 Mn
10 Gitlab 4.75 Bn 3.53 Bn 225.42 Mn 112.58 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 112.58 Mn
Jan 31, 2026 112.58 Mn
Oct 31, 2025 104.97 Mn
Oct 31, 2025 104.97 Mn
Jul 31, 2025 109.58 Mn
Jul 31, 2025 109.58 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 95.34 Mn
Oct 31, 2024 95.34 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 312.67 Mn
Jan 31, 2024 312.67 Mn
Oct 31, 2023 86.98 Mn
Oct 31, 2023 86.98 Mn