Gitlab (GTLB) Operating Margin (2020 - 2026)
Gitlab's (GTLB) quarterly Operating Margin came in at 19.89% in Q3 2026, down 1211.0% year-over-year from 1.79% in Q3 2025, and down 233.61% quarter-over-quarter from 5.96% in Q2 2026.
Analysis
Gitlab (GTLB) Operating Margin (2020 - 2026) Analysis & Trends
Gitlab (GTLB) has reported Operating Margin for 7 consecutive years, with 19.89% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Operating Margin fell 1211.0% year-over-year to 19.89% in Q3 2026; TTM through Jul 2026 was 8.55%, a 323.0% increase from a year earlier, with the FY2026 full-year figure at 7.38%, up 1142.0% from the prior year.
- Operating Margin was 19.89% for Q3 2026 at Gitlab, down from 5.96% in the prior quarter.
- Over five years, Operating Margin peaked at 1.98% in Q1 2026 and troughed at 64.63% in Q3 2022.
- A 5-year average of 27.45% and a median of 22.46% in 2024 frame the typical range for Operating Margin.
- The widest YoY moves for Operating Margin: up 22623 bps in 2022, down 1331 bps in 2022.
- Over 5 years, Operating Margin stood at 50.42% in 2022, then jumped by 47 bps to 26.9% in 2023, then jumped by 46 bps to 14.66% in 2024, then jumped by 65 bps to 5.06% in 2025, then sank by 293 bps to 19.89% in 2026.
- The last three Operating Margin figures came in at 19.89% (Q3 2026), 5.96% (Q2 2026), and 1.98% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn | -5.90% |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn | -8.09% |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn | -19.89% |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn | 1.61% |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn | 17.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -19.89% |
| Apr 30, 2026 | -5.96% |
| Jan 31, 2026 | -1.98% |
| Oct 31, 2025 | -5.06% |
| Jul 31, 2025 | -7.78% |
| Apr 30, 2025 | -16.13% |
| Jan 31, 2025 | -9.15% |
| Oct 31, 2024 | -14.66% |
| Jul 31, 2024 | -22.46% |
| Apr 30, 2024 | -31.70% |
| Jan 31, 2024 | -21.30% |
| Oct 31, 2023 | -26.90% |
| Jul 31, 2023 | -38.73% |
| Apr 30, 2023 | -45.90% |
| Jan 31, 2023 | -37.65% |
| Oct 31, 2022 | -50.42% |
| Jul 31, 2022 | -64.63% |
| Apr 30, 2022 | -49.05% |
| Jan 31, 2022 | -52.13% |
| Oct 31, 2021 | -48.71% |