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
DateValue
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%