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| 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 |