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

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

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

Gitlab has disclosed Depreciation and Depletion across 3 years of filings, most recently posting $1.1 million for 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 was little changed at $1.1 million in Q1 2024, 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.
  • The 3-year median for Depreciation and Depletion is $1.0 million (2023), against an average of $900000.0.
  • Annual changes were most pronounced in 2023 — Depreciation and Depletion jumped 100.0% — and 2024, when it increased 10.0%.
  • A 3-year view of Depreciation and Depletion shows it stood at $900000.0 in 2022, then advanced by 22.22% to $1.1 million in 2023, then changed by 0.0% to $1.1 million in 2024.
  • According to Business Quant data, Depreciation and Depletion over the past three periods registered $1.1 million, $1.1 million, and $1.1 million for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 9.00 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.42 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 29.50 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 49.20 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn -
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 Gitlab 5.26 Bn 4.04 Bn 225.42 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