Gitlab (GTLB) Gross Margin (2020 - 2026)
Gitlab (GTLB) posted Gross Margin of 84.06% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 3.86 percentage points from 87.92% a year earlier and down 1.75 percentage points from the prior quarter.
Gitlab (GTLB) Gross Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Gross Margin at Gitlab was 85.75%, down 2.76 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 87.36%, down 1.43 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of -0.51 percentage points (FY2021 to FY2026).
- In prior fiscal years, Gitlab's Gross Margin was 88.79% in FY2025 (-0.92 pp), 89.70% in FY2024 (+1.88 pp), 87.82% in FY2023 (-0.31 pp) and 88.13% in FY2022 (+0.26 pp).
- The fiscal Q2 2027 figure stands as the lowest quarterly Gross Margin in data going back to fiscal Q3 2021.
- On a year-over-year basis, Gross Margin has declined in each of the last ten quarters, with an average year-over-year change of -1.76 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q3 2024, with a gain of 2.81 percentage points; the weakest was fiscal Q2 2027, with a drop of 3.86 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 85.81% (Q1 2027), 86.57% (Q4 2026) and 86.81% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 78.59% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 60.42% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 79.63% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 0.03% |
| 10 | Gitlab | 7.68 Bn | 2.65 Bn | 240.62 Mn | 84.06% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 84.06% |
| 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% |
Gitlab Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GTLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GTLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GTLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();