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