Gitlab (GTLB) Net Margin (2020 - 2026)
Gitlab (GTLB) reported Net Margin of -12.87% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 8.97 percentage points from -3.90% a year earlier and down 10.99 percentage points from the prior quarter.
Gitlab (GTLB) Net Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Gitlab's Net Margin came in at -4.99%, down 3.93 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at -5.86%, down 5.02 percentage points from FY2025.
- Net Margin has a five-year change of +120.44 percentage points (FY2021 to FY2026).
- By fiscal year, Net Margin came in at -0.83% in FY2025 (+72.57 pp), -73.40% in FY2024 (-32.54 pp), -40.87% in FY2023 (+20.54 pp) and -61.40% in FY2022 (+64.89 pp).
- The fiscal Q2 2027 figure ranks as the lowest quarterly Net Margin since fiscal Q1 2026.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of +27.52 percentage points.
- The high point for year-over-year Net Margin in five years was fiscal Q3 2025 (a gain of 205.37 percentage points); the low point was fiscal Q3 2024 (a drop of 147.64 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at -1.88% (Q1 2027), -1.00% (Q4 2026) and -3.39% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | -8.27% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 0.36% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 29.61% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -12.39% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 3.97% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 3.25% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 14.41% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 7.38% |
| 10 | Gitlab | 7.68 Bn | 2.65 Bn | 240.62 Mn | -12.87% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -12.87% |
| Apr 30, 2026 | -1.88% |
| Jan 31, 2026 | -1.00% |
| Oct 31, 2025 | -3.39% |
| Jul 31, 2025 | -3.90% |
| Apr 30, 2025 | -16.72% |
| Jan 31, 2025 | 3.26% |
| Oct 31, 2024 | 14.84% |
| Jul 31, 2024 | 7.07% |
| Apr 30, 2024 | -32.65% |
| Jan 31, 2024 | -23.18% |
| Oct 31, 2023 | -190.53% |
| Jul 31, 2023 | -35.88% |
| Apr 30, 2023 | -41.35% |
| Jan 31, 2023 | -32.41% |
| Oct 31, 2022 | -42.89% |
| Jul 31, 2022 | -58.42% |
| Apr 30, 2022 | -29.86% |
| Jan 31, 2022 | -58.85% |
| Oct 31, 2021 | -61.72% |
Gitlab Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=GTLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "GTLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=GTLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();