Gitlab (GTLB) Net Margin (2020 - 2026)

Gitlab (GTLB) posted quarterly Net Margin of 18.84% for Q1 2026, down 38.0% YoY from 30.38% in Q1 2025, and down 422.37% sequentially from 3.61% in Q4 2025.

Gitlab (GTLB) Net Margin (2020 - 2026) Analysis & Trends

Gitlab has disclosed Net Margin across 7 years of filings, most recently posting 18.84% for Q1 2026.

  • In Q1 2026, Net Margin fell 38.0% year-over-year to 18.84%; the TTM figure through Jan 2026 stood at 10.89% (up 1433.0% YoY), while the FY2026 annual figure was 10.9%, down 372.0% from the prior year.
  • Net Margin eased to 18.84% in Q1 2026, from 3.61% in the prior quarter.
  • Over the last five years, Net Margin for GTLB reached as high as 3.61% in Q4 2025 and fell as low as 221.98% in Q4 2023.
  • The 5-year median for Net Margin is 60.28% (2024), against an average of 59.72%.
  • Annual changes were most pronounced in 2023 — Net Margin plunged 13272 bps — and 2024, when it surged 21297 bps.
  • A 5-year view of Net Margin shows it stood at 89.25% in 2022, then tumbled by 149 bps to 221.98% in 2023, then jumped by 96 bps to 9.01% in 2024, then soared by 60 bps to 3.61% in 2025, then plunged by 422 bps to 18.84% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 18.84%, 3.61%, and 4.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 38.34%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 22.44%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 53.68%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 16.65%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 4.71%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 28.90%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -3.58%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 2.69%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -5.10%
10 Gitlab 5.26 Bn 4.04 Bn 225.42 Mn -18.84%

Historic Data

Download Data
DateValue
Jan 31, 2026 -18.84%
Oct 31, 2025 -3.61%
Jul 31, 2025 -4.22%
Apr 30, 2025 -16.90%
Jan 31, 2025 -18.45%
Oct 31, 2024 -9.01%
Jul 31, 2024 -18.00%
Apr 30, 2024 -60.28%
Jan 31, 2024 -51.43%
Oct 31, 2023 -221.98%
Jul 31, 2023 -70.13%
Apr 30, 2023 -80.63%
Jan 31, 2023 -78.29%
Oct 31, 2022 -89.25%
Jul 31, 2022 -111.31%
Apr 30, 2022 -71.51%
Jan 31, 2022 -91.48%
Oct 31, 2021 -62.50%
Jul 31, 2021 -70.19%
Apr 30, 2021 -56.68%