Gitlab (GTLB) Operating Expenses (2020 - 2026)
Gitlab (GTLB) posted quarterly Operating Expenses of $230.6 million for Q1 2026, up 10.91% year-over-year from $207.9 million in Q1 2025, and up 2.72% quarter-over-quarter from $224.5 million in Q4 2025.
Gitlab (GTLB) Operating Expenses (2020 - 2026) Analysis & Trends
Gitlab (GTLB) has reported Operating Expenses for 7 consecutive years, with $230.6 million the latest figure, recorded in 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 advanced to $230.6 million in Q1 2026 per GTLB's latest filing, from $224.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $230.6 million in Q1 2026 and bottomed at $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.
- Gitlab's Operating Expenses stood at $155.4 million in 2022, then increased by 12.53% to $174.9 million in 2023, then increased by 15.9% to $202.7 million in 2024, then climbed by 10.77% to $224.5 million in 2025, then advanced by 2.72% to $230.6 million in 2026.
- Business Quant data shows GTLB's Operating Expenses at $230.6 million in Q1 2026, $224.5 million in Q4 2025, and $225.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Gitlab | 7.04 Bn | 5.69 Bn | 226.67 Mn | 242.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 242.42 Mn |
| 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 |