Gitlab (GTLB) Operating Expenses (2020 - 2026)
Gitlab (GTLB) posted quarterly Operating Expenses of $230.6 million for Q1 2026, up 10.91% YoY from $207.9 million in Q1 2025, and up 2.72% sequentially from $224.5 million in Q4 2025.
Gitlab (GTLB) Operating Expenses (2020 - 2026) Analysis & Trends
Gitlab has disclosed Operating Expenses across 7 years of filings, most recently posting $230.6 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 10.91% year-over-year to $230.6 million; the TTM figure through Jan 2026 stood at $905.0 million (up 10.79% YoY), while the FY2026 annual figure was $905.0 million, up 10.79% from the prior year.
- Operating Expenses grew to $230.6 million in Q1 2026, from $224.5 million in the prior quarter.
- Over the last five years, Operating Expenses for GTLB reached as high as $230.6 million in Q1 2026 and fell as low as $109.2 million in Q1 2022.
- The 5-year median for Operating Expenses is $182.7 million (2024), against an average of $183.7 million.
- The widest YoY moves for Operating Expenses: up 89.82% in 2022, down 35.16% in 2022.
- A 5-year view of Operating Expenses shows it stood at $155.4 million in 2022, then grew by 12.53% to $174.9 million in 2023, then grew by 15.9% to $202.7 million in 2024, then advanced by 10.77% to $224.5 million in 2025, then gained by 2.72% to $230.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $230.6 million, $224.5 million, and $225.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.05 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.08 Bn |
| 10 | Gitlab | 5.26 Bn | 4.04 Bn | 225.42 Mn | 230.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 230.58 Mn |
| Oct 31, 2025 | 224.49 Mn |
| Jul 31, 2025 | 225.81 Mn |
| Apr 30, 2025 | 224.08 Mn |
| Jan 31, 2025 | 207.90 Mn |
| Oct 31, 2024 | 202.65 Mn |
| Jul 31, 2024 | 202.22 Mn |
| Apr 30, 2024 | 204.05 Mn |
| Jan 31, 2024 | 182.67 Mn |
| Oct 31, 2023 | 174.85 Mn |
| Jul 31, 2023 | 178.94 Mn |
| Apr 30, 2023 | 171.17 Mn |
| Jan 31, 2023 | 154.94 Mn |
| Oct 31, 2022 | 155.38 Mn |
| Jul 31, 2022 | 153.31 Mn |
| Apr 30, 2022 | 120.43 Mn |
| Jan 31, 2022 | 109.18 Mn |
| Oct 31, 2021 | 92.15 Mn |
| Jul 31, 2021 | 80.77 Mn |
| Apr 30, 2021 | 69.53 Mn |