Gitlab (GTLB) Net Margin (2020 - 2026)
Gitlab (GTLB) reported Net Margin of 18.84% for Q1 2026, down 38.0% year-over-year from 30.38% in Q1 2025, and down 422.37% quarter-over-quarter from 3.61% in Q4 2025.
Gitlab (GTLB) Net Margin (2020 - 2026) Analysis & Trends
Gitlab (GTLB) has 7 years of Net Margin data on file, last reported at 18.84% in Q1 2026.
- Net Margin for Q1 2026 came in at 18.84%, down 38.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 10.89% (up 1433.0% YoY), and the FY2026 annual result was 10.9%, down 372.0% from the prior year.
- Net Margin retreated to 18.84% in Q1 2026 per GTLB's latest filing, from 3.61% in the prior quarter.
- Over five years, Net Margin peaked at 3.61% in Q4 2025 and troughed at 221.98% in Q4 2023.
- A 5-year average of 59.72% and a median of 60.28% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin slumped 13272 bps in 2023, then surged 21297 bps in 2024.
- A 5-year view of Net Margin shows it stood at 89.25% in 2022, then sank 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 slumped by 422 bps to 18.84% in 2026.
- Business Quant data shows GTLB's Net Margin at 18.84% in Q1 2026, 3.61% in Q4 2025, and 4.22% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 38.34% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 5.06% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 21.52% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 53.68% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 16.65% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.71% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 28.90% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 2.69% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -3.58% |
| 10 | Gitlab | 5.06 Bn | 3.84 Bn | 225.42 Mn | -18.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |