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
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%