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| Date | Value |
|---|---|
| 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 |