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| 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 |