Gitlab (GTLB) Depreciation and Depletion (2022 - 2024)
Gitlab's (GTLB) quarterly Depreciation and Depletion came in at $1.1 million in Q1 2024, up 10.0% year-on-year from $1000000.0 in Q1 2023, and little changed on a QoQ basis from $1.1 million in Q4 2023.
Gitlab (GTLB) Depreciation and Depletion (2022 - 2024) Analysis & Trends
Gitlab (GTLB) has 3 years of Depreciation and Depletion data on file, last reported at $1.1 million in Q1 2024.
- On a quarterly basis, Depreciation and Depletion rose 10.0% year-over-year to $1.1 million in Q1 2024; TTM through Jan 2024 was $4.4 million, a 37.5% increase from a year earlier, with the FY2026 full-year figure at $3.3 million, up 13.79% from the prior year.
- Depreciation and Depletion for Q1 2024 stood at $1.1 million, roughly flat from $1.1 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for GTLB reached as high as $1.1 million in Q2 2023 and fell as low as $500000.0 in Q1 2022.
- Historically, Depreciation and Depletion has averaged $900000.0 across 3 years, with a median of $1.0 million in 2023.
- Across the five-year window, Depreciation and Depletion surged 100.0% in 2023 and climbed 10.0% in 2024, its largest moves.
- Year by year, Depreciation and Depletion stood at $900000.0 in 2022, then increased by 22.22% to $1.1 million in 2023, then changed by 0.0% to $1.1 million in 2024.
- Per Business Quant data, the three most recent Depreciation and Depletion figures were $1.1 million in Q1 2024, $1.1 million in Q4 2023, and $1.1 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 9.00 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 2.39 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | - |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 29.50 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 49.20 Mn |
| 10 | Gitlab | 5.50 Bn | 4.24 Bn | 225.42 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2024 | 1.10 Mn |
| Jan 31, 2024 | 1.10 Mn |
| Oct 31, 2023 | 1.10 Mn |
| Oct 31, 2023 | 1.10 Mn |
| Jul 31, 2023 | 1.10 Mn |
| Jul 31, 2023 | 1.10 Mn |
| Apr 30, 2023 | 1.10 Mn |
| Apr 30, 2023 | 1.10 Mn |
| Jan 31, 2023 | 1.00 Mn |
| Jan 31, 2023 | 1.00 Mn |
| Oct 31, 2022 | 900,000.00 |
| Oct 31, 2022 | 900,000.00 |
| Jul 31, 2022 | 700,000.00 |
| Jul 31, 2022 | 700,000.00 |
| Apr 30, 2022 | 600,000.00 |
| Apr 30, 2022 | 600,000.00 |
| Jan 31, 2022 | 500,000.00 |
| Jan 31, 2022 | 500,000.00 |