Gitlab (GTLB) Operating Expenses (2020 - 2026)

Gitlab's (GTLB) quarterly Operating Expenses came in at $230.6 million in Q1 2026, up 10.91% year-on-year from $207.9 million in Q1 2025, and up 2.72% on a QoQ basis from $224.5 million in Q4 2025.

Gitlab (GTLB) Operating Expenses (2020 - 2026) Analysis & Trends

Gitlab (GTLB) has 7 years of Operating Expenses data on file, last reported at $230.6 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 10.91% year-over-year to $230.6 million in Q1 2026; TTM through Jan 2026 was $905.0 million, a 10.79% increase from a year earlier, with the FY2026 full-year figure at $905.0 million, up 10.79% from the prior year.
  • Operating Expenses for Q1 2026 stood at $230.6 million, up 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.
  • Historically, Operating Expenses has averaged $183.7 million across 5 years, with a median of $182.7 million in 2024.
  • On a YoY basis, Operating Expenses climbed as much as 89.82% in 2022 and fell as far as 35.16% in 2022.
  • Year by year, Operating Expenses stood at $155.4 million in 2022, then gained by 12.53% to $174.9 million in 2023, then gained by 15.9% to $202.7 million in 2024, then increased by 10.77% to $224.5 million in 2025, then grew by 2.72% to $230.6 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $230.6 million in Q1 2026, $224.5 million in Q4 2025, and $225.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -363.49 Mn
3 Oracle 344.13 Bn 312.24 Bn - 13.05 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 979.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 517.59 Mn
10 Gitlab 5.50 Bn 4.24 Bn 225.42 Mn 230.58 Mn

Historic Data

Download Data
DateValue
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