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
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