Gitlab (GTLB) Gross Margin (2020 - 2026)
Gitlab (GTLB) posted quarterly Gross Margin of 86.57% for Q1 2026, down 262.0% year-over-year from 53.44% in Q1 2025, and little changed quarter-over-quarter from 86.81% in Q4 2025.
Gitlab (GTLB) Gross Margin (2020 - 2026) Analysis & Trends
Gitlab (GTLB) has reported Gross Margin for 7 consecutive years, with 86.57% the latest figure, recorded in 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 held at 86.57% in Q1 2026 per GTLB's latest filing, from 86.81% in the prior quarter.
- Across five years, Gross Margin topped out at 90.24% in Q1 2024 and bottomed at 86.57% in Q1 2026.
- Historically, Gross Margin has averaged 88.41% across 5 years, with a median of 88.42% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin surged 281 bps — and 2026, when it sank 262 bps.
- Gitlab's Gross Margin stood at 87.11% in 2022, then rose by 3 bps to 89.92% in 2023, then retreated by 1 bps to 88.71% in 2024, then retreated by 2 bps to 86.81% in 2025, then slipped by 0 bps to 86.57% in 2026.
- Business Quant data shows GTLB's Gross Margin at 86.57% in Q1 2026, 86.81% in Q4 2025, and 87.92% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | Gitlab | 7.04 Bn | 5.69 Bn | 226.67 Mn | 85.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 85.81% |
| 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% |