Gitlab (GTLB) Cost of Revenue (2020 - 2026)
Gitlab (GTLB) posted quarterly Cost of Revenue of $112.6 million for Q1 2026, up 392.29% YoY from $22.9 million in Q1 2025, and up 7.25% sequentially from $105.0 million in Q4 2025.
Gitlab (GTLB) Cost of Revenue (2020 - 2026) Analysis & Trends
Gitlab has disclosed Cost of Revenue across 7 years of filings, most recently posting $112.6 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 392.29% year-over-year to $112.6 million; the TTM figure through Jan 2026 stood at $352.2 million (up 122.39% YoY), while the FY2026 annual figure was $434.7 million, up 410.6% from the prior year.
- Cost of Revenue improved to $112.6 million in Q1 2026, from $105.0 million in the prior quarter.
- Over the last five years, Cost of Revenue for GTLB reached as high as $312.7 million in Q1 2024 and fell as low as $9.8 million in Q2 2022.
- The 5-year median for Cost of Revenue is $86.5 million (2023), against an average of $89.6 million.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 1021.93% — and 2025, when it sank 92.69%.
- 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.
- According to Business Quant data, Cost of Revenue over the past three periods registered $112.6 million, $105.0 million, and $109.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 215.80 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 823.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 463.58 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 636.30 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 184.16 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.15 Bn |
| 10 | Gitlab | 5.26 Bn | 4.04 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 |