Gitlab (GTLB) Gross Margin (2020 - 2026)
Gitlab (GTLB) posted quarterly Gross Margin of 86.57% for Q1 2026, down 262.0% YoY from 53.44% in Q1 2025, and little changed sequentially from 86.81% in Q4 2025.
Gitlab (GTLB) Gross Margin (2020 - 2026) Analysis & Trends
Gitlab has disclosed Gross Margin across 7 years of filings, most recently posting 86.57% for Q1 2026.
- In Q1 2026, Gross Margin fell 262.0% year-over-year to 86.57%; the TTM figure through Jan 2026 stood at 87.36% (down 143.0% YoY), while the FY2026 annual figure was 87.36%, down 143.0% from the prior year.
- Gross Margin was little changed at 86.57% in Q1 2026, from 86.81% in the prior quarter.
- Over the last five years, Gross Margin for GTLB reached as high as 90.24% in Q1 2024 and fell as low as 86.57% in Q1 2026.
- The 5-year median for Gross Margin is 88.42% (2023), against an average of 88.41%.
- Annual changes were most pronounced in 2023 — Gross Margin surged 281 bps — and 2026, when it tumbled 262 bps.
- A 5-year view of Gross Margin shows it stood at 87.11% in 2022, then increased by 3 bps to 89.92% in 2023, then fell by 1 bps to 88.71% in 2024, then fell by 2 bps to 86.81% in 2025, then decreased by 0 bps to 86.57% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 86.57%, 86.81%, and 87.92% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 67.63% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 89.22% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 86.78% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 73.59% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 76.12% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 80.29% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 71.21% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 73.54% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 48.03% |
| 10 | Gitlab | 5.26 Bn | 4.04 Bn | 225.42 Mn | 86.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 86.57% |
| Oct 31, 2025 | 86.81% |
| Jul 31, 2025 | 87.92% |
| Apr 30, 2025 | 88.33% |
| Jan 31, 2025 | 89.18% |
| Oct 31, 2024 | 88.71% |
| Jul 31, 2024 | 88.30% |
| Apr 30, 2024 | 88.90% |
| Jan 31, 2024 | 90.24% |
| Oct 31, 2023 | 89.92% |
| Jul 31, 2023 | 89.47% |
| Apr 30, 2023 | 89.01% |
| Jan 31, 2023 | 88.42% |
| Oct 31, 2022 | 87.11% |
| Jul 31, 2022 | 87.10% |
| Apr 30, 2022 | 88.73% |
| Jan 31, 2022 | 88.21% |
| Oct 31, 2021 | 89.23% |
| Jul 31, 2021 | 87.63% |
| Apr 30, 2021 | 87.13% |