Gitlab Inc. Income Statement
GTLB / Information Technology|7 years of annual SEC 10-K data (FY2019-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
Gitlab Inc. reported $955M in revenue and $56M in net loss for FY2025. Revenue has grown at a 50.8% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $955.2M | $759.2M | $579.9M | $424.3M | $252.7M | $152.2M | $81.2M |
| Cost of Revenue | $120.7M | $85.1M | $59.7M | $51.7M | $30.0M | $18.5M | $9.4M |
| Gross Profit | $834.5M | $674.1M | $520.2M | $372.7M | $222.7M | $133.7M | $71.9M |
| SG&A Expense | $195.7M | $192.9M | $150.4M | $117.9M | $63.7M | $86.9M | $41.6M |
| R&D Expense | $274.6M | $239.7M | $200.8M | $156.1M | $97.2M | $106.6M | $59.4M |
| Operating Income | -$70.5M | -$142.7M | -$187.4M | -$211.4M | -$129.0M | -$213.9M | -$128.4M |
| Income Tax | $10.5M | -$76.7M | $265.1M | $4.0M | -$1.5M | $2.8M | $1.2M |
| Net Income | -$56.0M | -$6.3M | -$425.7M | -$173.4M | -$155.1M | -$192.2M | -$130.7M |
| EPS (Basic) | -$1.17 | -$1.95 | -$3.82 | -$2.76 | -$1.95 | -$3.82 | -$2.76 |
| EPS (Diluted) | -$1.17 | -$1.95 | -$3.82 | -$2.76 | -$1.95 | -$3.82 | -$2.76 |
| Shares Outstanding | 148.4M | 79.8M | 50.3M | 47.3M | 79.8M | 50.3M | 47.3M |
| Gross Margin | 87.4% | 88.8% | 89.7% | 87.8% | 88.1% | 87.9% | 88.5% |
| Operating Margin | -7.4% | -18.8% | -32.3% | -49.8% | -51.0% | - | - |
| Profit Margin | -5.9% | -0.8% | -73.4% | -40.9% | -61.4% | -126.3% | -161.0% |