Gitlab (GTLB) Net Margin (2020 - 2026)
Gitlab (GTLB) posted quarterly Net Margin of 18.84% for Q1 2026, down 38.0% YoY from 30.38% in Q1 2025, and down 422.37% sequentially from 3.61% in Q4 2025.
Gitlab (GTLB) Net Margin (2020 - 2026) Analysis & Trends
Gitlab has disclosed Net Margin across 7 years of filings, most recently posting 18.84% for Q1 2026.
- In Q1 2026, Net Margin fell 38.0% year-over-year to 18.84%; the TTM figure through Jan 2026 stood at 10.89% (up 1433.0% YoY), while the FY2026 annual figure was 10.9%, down 372.0% from the prior year.
- Net Margin eased to 18.84% in Q1 2026, from 3.61% in the prior quarter.
- Over the last five years, Net Margin for GTLB reached as high as 3.61% in Q4 2025 and fell as low as 221.98% in Q4 2023.
- The 5-year median for Net Margin is 60.28% (2024), against an average of 59.72%.
- Annual changes were most pronounced in 2023 — Net Margin plunged 13272 bps — and 2024, when it surged 21297 bps.
- A 5-year view of Net Margin shows it stood at 89.25% in 2022, then tumbled 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 plunged by 422 bps to 18.84% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 18.84%, 3.61%, and 4.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 38.34% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 22.44% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 53.68% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 16.65% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 4.71% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 28.90% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -3.58% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 2.69% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -5.10% |
| 10 | Gitlab | 5.26 Bn | 4.04 Bn | 225.42 Mn | -18.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |