Gitlab GTLB
NASDAQ GTLB
$41.49 +0.97 (+2.41%)
At close: Aug 18, 2026 · 3:59 PM UTC

Gitlab (GTLB) Depreciation and Depletion (2022 - 2024)

Gitlab (GTLB) posted quarterly Depreciation and Depletion of $1.1 million for Q1 2024, up 10.0% year-over-year from $1000000.0 in Q1 2023, and little changed quarter-over-quarter from $1.1 million in Q4 2023.

Gitlab (GTLB) Depreciation and Depletion (2022 - 2024) Analysis & Trends

Gitlab (GTLB) has reported Depreciation and Depletion for 3 consecutive years, with $1.1 million the latest figure, recorded in Q1 2024.

  • In Q1 2024, Depreciation and Depletion rose 10.0% year-over-year to $1.1 million; the TTM figure through Jan 2024 stood at $4.4 million (up 37.5% YoY), while the FY2026 annual figure was $3.3 million, up 13.79% from the prior year.
  • Depreciation and Depletion held at $1.1 million in Q1 2024 per GTLB's latest filing, from $1.1 million in the prior quarter.
  • Across five years, Depreciation and Depletion topped out at $1.1 million in Q2 2023 and bottomed at $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.
  • Annual changes were most pronounced in 2023 — Depreciation and Depletion jumped 100.0% — and 2024, when it increased 10.0%.
  • Gitlab's Depreciation and Depletion stood at $900000.0 in 2022, then climbed by 22.22% to $1.1 million in 2023, then changed by 0.0% to $1.1 million in 2024.
  • Business Quant data shows GTLB's Depreciation and Depletion at $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 3,576.39 Bn 3,443.64 Bn 60.48 Bn 10.30 Bn
2 Palantir Technologies 412.58 Bn 403.17 Bn 1.64 Bn -
3 Oracle 407.66 Bn 375.77 Bn - 2.39 Bn
4 Palo Alto Networks 299.27 Bn 296.16 Bn 2.03 Bn -
5 Fortinet 115.83 Bn 111.76 Bn 1.64 Bn 31.50 Mn
6 Cloudflare 106.65 Bn 102.48 Bn 499.52 Mn 51.50 Mn
7 Synopsys 76.61 Bn 74.41 Bn 1.77 Bn -
8 CoreWeave 51.53 Bn 45.99 Bn 1.70 Bn 1.40 Bn
9 Block 47.55 Bn 41.12 Bn 3.17 Bn -
10 Gitlab 7.04 Bn 5.69 Bn 226.67 Mn -

Historic Data

Download Data
DateValue
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