Gitlab (GTLB) Operating Expenses (2020 - 2026)

On a trailing twelve-month basis, Gitlab's Operating Expenses was $995.04 million through Jul 31, 2026, up 15.6% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $904.96 million, up 10.8% from FY2025.

• Operating Expenses has now increased for six consecutive fiscal years, with a five-year compound annual growth rate of 21.1% (FY2021 to FY2026).
• In earlier fiscal years, Operating Expenses was $816.82 million in FY2025 (+15.4%), $707.64 million in FY2024 (+21.2%), $584.07 million in FY2023 (+66.1%) and $351.63 million in FY2022 (+1.2%).
• The fiscal Q2 2027 figure marks the highest quarterly Operating Expenses in data going back to fiscal Q3 2021.
• Compared with a year earlier, Operating Expenses has increased for 18 straight quarters, with growth averaging 14.1% over the last eight quarters.
• The best year-over-year quarter for Operating Expenses over five years was fiscal Q2 2023 (growth of 89.8%); the worst was fiscal Q4 2022 (a decline of 35.2%).
• Per Business Quant data, GTLB's Operating Expenses in the three fiscal quarters before Q2 2027 was $242.42 million (Q1 2027), $230.58 million (Q4 2026) and $224.49 million (Q3 2026).