Gitlab (GTLB) Operating Expenses (2020 - 2026)

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

  • Operating Expenses for Q1 2026 came in at $230.6 million, up 10.91% year-over-year; the trailing twelve-month figure through Jan 2026 was $905.0 million (up 10.79% YoY), and the FY2026 annual result was $905.0 million, up 10.79% from the prior year.
  • Operating Expenses improved to $230.6 million in Q1 2026 per GTLB's latest filing, from $224.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $230.6 million in Q1 2026 and troughed at $109.2 million in Q1 2022.
  • A 5-year average of $183.7 million and a median of $182.7 million in 2024 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 89.82% in 2022 and fell as far as 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.
  • 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.42 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 979.89 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 905.10 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 517.59 Mn
10 Gitlab 5.06 Bn 3.84 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