Gitlab (GTLB) Net Margin (2020 - 2026)
Gitlab's (GTLB) quarterly Net Margin came in at 1.35% in Q1 2026, down 434.0% year-on-year from 0.4% in Q1 2025, and up 62.54% on a QoQ basis from 3.6% 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 1.35% in Q1 2026.
- On a quarterly basis, Net Margin fell 434.0% year-over-year to 1.35% in Q1 2026; TTM through Jan 2026 was 6.13%, a 493.0% decrease from a year earlier, with the FY2026 full-year figure at 6.13%, down 493.0% from the prior year.
- Net Margin for Q1 2026 stood at 1.35%, up from 3.6% in the prior quarter.
- Over the last five years, Net Margin for GTLB reached as high as 14.21% in Q4 2024 and fell as low as 190.84% in Q4 2023.
- Historically, Net Margin has averaged 32.64% across 5 years, with a median of 30.22% in 2022.
- Across the five-year window, Net Margin slumped 14684 bps in 2023 and soared 20505 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 44.0% in 2022, then tumbled by 334 bps to 190.84% in 2023, then surged by 107 bps to 14.21% in 2024, then plunged by 125 bps to 3.6% in 2025, then surged by 63 bps to 1.35% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 1.35% in Q1 2026, 3.6% in Q4 2025, and 4.26% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 38.34% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 13.90% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 30.88% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 53.68% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 16.65% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 4.71% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 28.90% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -3.58% |
| 10 | Gitlab | 5.50 Bn | 4.24 Bn | 225.42 Mn | -1.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -1.35% |
| Oct 31, 2025 | -3.60% |
| Jul 31, 2025 | -4.26% |
| Apr 30, 2025 | -16.88% |
| Jan 31, 2025 | 2.99% |
| Oct 31, 2024 | 14.21% |
| Jul 31, 2024 | 6.71% |
| 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 | -44.00% |
| Jul 31, 2022 | -60.02% |
| Apr 30, 2022 | -30.22% |
| Jan 31, 2022 | -60.11% |
| Oct 31, 2021 | -62.46% |
| Jul 31, 2021 | -70.13% |
| Apr 30, 2021 | -56.73% |