Gitlab (GTLB) Net Margin (2020 - 2026)
Gitlab's (GTLB) quarterly Net Margin came in at 12.62% in Q3 2026, down 836.0% year-over-year from 1.71% in Q3 2025, and down 497.57% quarter-over-quarter from 2.11% in Q2 2026.
Analysis
Gitlab (GTLB) Net Margin (2020 - 2026) Analysis & Trends
Gitlab (GTLB) has reported Net Margin for 7 consecutive years, with 12.62% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Net Margin fell 836.0% year-over-year to 12.62% in Q3 2026; TTM through Jul 2026 was 5.12%, a 371.0% decrease from a year earlier, with the FY2026 full-year figure at 6.13%, down 493.0% from the prior year.
- Net Margin was 12.62% for Q3 2026 at Gitlab, down from 2.11% in the prior quarter.
- Over five years, Net Margin peaked at 14.21% in Q4 2024 and troughed at 190.84% in Q4 2023.
- A 5-year average of 29.98% and a median of 22.97% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin plunged 14681 bps in 2023 and jumped 20505 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 44.03% in 2022, then sank by 333 bps to 190.84% in 2023, then soared by 107 bps to 14.21% in 2024, then sank by 125 bps to 3.61% in 2025, then slumped by 250 bps to 12.62% in 2026.
- The last three Net Margin figures came in at 12.62% (Q3 2026), 2.11% (Q2 2026), and 1.33% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn | -4.15% |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn | -2.54% |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn | -12.62% |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn | 2.24% |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn | 8.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -12.62% |
| Apr 30, 2026 | -2.11% |
| Jan 31, 2026 | -1.33% |
| Oct 31, 2025 | -3.61% |
| Jul 31, 2025 | -4.26% |
| Apr 30, 2025 | -16.90% |
| Jan 31, 2025 | 3.00% |
| Oct 31, 2024 | 14.21% |
| Jul 31, 2024 | 6.73% |
| Apr 30, 2024 | -32.80% |
| Jan 31, 2024 | -22.97% |
| Oct 31, 2023 | -190.84% |
| Jul 31, 2023 | -36.05% |
| Apr 30, 2023 | -41.14% |
| Jan 31, 2023 | -34.58% |
| Oct 31, 2022 | -44.03% |
| Jul 31, 2022 | -60.01% |
| Apr 30, 2022 | -30.22% |
| Jan 31, 2022 | -60.07% |
| Oct 31, 2021 | -62.46% |