Gitlab (GTLB) Net Margin (2020 - 2026)
Gitlab (GTLB) posted quarterly Net Margin of 1.35% for Q1 2026, down 434.0% year-over-year from 0.4% in Q1 2025, and up 62.54% quarter-over-quarter from 3.6% in Q4 2025.
Gitlab (GTLB) Net Margin (2020 - 2026) Analysis & Trends
Gitlab (GTLB) has reported Net Margin for 7 consecutive years, with 1.35% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 434.0% year-over-year to 1.35%; the TTM figure through Jan 2026 stood at 6.13% (down 493.0% YoY), while the FY2026 annual figure was 6.13%, down 493.0% from the prior year.
- Net Margin improved to 1.35% in Q1 2026 per GTLB's latest filing, from 3.6% in the prior quarter.
- Across five years, Net Margin topped out at 14.21% in Q4 2024 and bottomed at 190.84% in Q4 2023.
- Historically, Net Margin has averaged 32.64% across 5 years, with a median of 30.22% in 2022.
- Annual changes were most pronounced in 2023 — Net Margin plunged 14684 bps — and 2024, when it surged 20505 bps.
- Gitlab's Net Margin stood at 44.0% in 2022, then tumbled by 334 bps to 190.84% in 2023, then soared by 107 bps to 14.21% in 2024, then plunged by 125 bps to 3.6% in 2025, then soared by 63 bps to 1.35% in 2026.
- Business Quant data shows GTLB's Net Margin at 1.35% in Q1 2026, 3.6% in Q4 2025, and 4.26% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 36.78% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 55.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 30.88% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -5.90% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 29.55% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -24.42% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 2.69% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -24.31% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 1.32% |
| 10 | Gitlab | 7.04 Bn | 5.69 Bn | 226.67 Mn | -2.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -2.11% |
| 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% |