GitLab Inc.
Financial Performance
GitLab Revenue & Financials
Revenue
$955.2M (FY2026)
Market Cap
$8.2B
Employees
2,580
What is GitLab's revenue?
GitLab had $955.2M in revenue for fiscal year 2026, up 25.8% from 2025. It reported a net loss of $56M.
- Latest revenue
- $955.2M (FY2026)
- Year-over-year
- +25.8%
- Growth rate (CAGR)
- 50.8% over 6 years
- Peak revenue
- $955.2M (FY2026)
- Years of data
- 7
- Employees
- 2,580
Financial Analysis
GitLab revenue grew from $81.2 million in FY2020 to $955.2 million in FY2026, with growth slowing from 87% to 26% as the company scaled. GAAP net loss narrowed from $425.7 million in FY2024 to $6.3 million in FY2025 before widening to $56.0 million in FY2026, while operating cash flow reached $232.9 million and non-GAAP adjusted free cash flow $219.6 million. In FY2027 the company guided to $1.129-$1.133 billion in revenue after Q2 (18-19% growth), which would be its first year above $1 billion. Q2 FY2027 non-GAAP operating margin was 15% and non-GAAP gross margin 86%, down from 90% a year earlier as AI and hosting costs rose. The board authorized a $400 million share repurchase program alongside FY2026 results. GitLab Inc. is a major publicly traded software development platform, maintaining a market valuation generally exceeding $8 billion.
Revenue Trend Analysis
YoY Change
+25.8%
6-Year CAGR
+50.8%
Peak Year
2026
Trend
Consistent Growth
GitLab Inc. has 7 full fiscal year figures on this page, compounding at +50.8% annually over 6 years. The most recent year saw a 25.8% increase versus the prior year. Annual revenue peaked in fiscal year 2026 at $955.2M. Of 6 comparable year-over-year steps, 6 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Operating Income | Net Income | YoY Change | Source |
|---|---|---|---|---|---|
| FY2026 | $955.2M | -$70.5M | -$56M | +25.8% | GITLAB INC. annual report (Form 10-K, SEC EDGAR, filed 2026-03-17) Fiscal year ended 2026-01-31. |
| FY2025 | $759.2M | -$142.7M | -$6.3M | +30.9% | GITLAB INC. annual report (Form 10-K, SEC EDGAR, filed 2026-03-17) Fiscal year ended 2025-01-31. |
| FY2024 | $579.9M | -$187.4M | -$425.7M | +36.7% | GITLAB INC. annual report (Form 10-K, SEC EDGAR, filed 2026-03-17) Fiscal year ended 2024-01-31. |
| FY2023 | $424.3M | -$211.4M | -$173.4M | +68.0% | GITLAB INC. annual report (Form 10-K, SEC EDGAR, filed 2025-03-21) Fiscal year ended 2023-01-31. |
| FY2022 | $252.7M | -$129M | -$155.1M | +66.0% | GITLAB INC. annual report (Form 10-K, SEC EDGAR, filed 2024-03-26) Fiscal year ended 2022-01-31. |
| FY2021 | $152.2M | -$213.9M | -$192.2M | +87.3% | GITLAB INC. annual report (Form 10-K, SEC EDGAR, filed 2023-03-30) Fiscal year ended 2021-01-31. |
| FY2020 | $81.2M | -$128.4M | -$130.7M | — | GITLAB INC. annual report (Form 10-K, SEC EDGAR, filed 2022-04-08) Fiscal year ended 2020-01-31. |
Click any row to see year details.
GitLab Inc. balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2026ended Jan 31, 2026 | $232.9M | $10.8M | $1.7B | $686.5M | $990.7M | $222M | Form 10-K |
| FY2025ended Jan 31, 2025 | -$64M | $3.8M | $1.4B | $578M | $775.9M | -$67.7M | Form 10-K |
| FY2024ended Jan 31, 2024 | $35M | $1.6M | $1.3B | $715M | $559.8M | $33.4M | Form 10-K |
| FY2023ended Jan 31, 2023 | -$77.4M | $6.1M | $1.2B | $344.5M | $771M | -$83.5M | Form 10-K |
| FY2022ended Jan 31, 2022 | -$49.8M | $3.5M | $1.1B | $292.2M | $774.9M | -$53.4M | Form 10-K |
| FY2021ended Jan 31, 2021 | -$73.6M | $0 | $362.6M | $168.9M | -$231.2M | -$73.6M | Form 10-K |
Keep researching GitLab
GitLab Revenue and Financial FAQ
What is the annual revenue magnitude and growth trajectory of GitLab Inc.?
GitLab Inc. reported revenue of $955 million for fiscal year 2026, up from $759 million in fiscal 2025.
How many large customers does GitLab have?
At the end of FY2026 GitLab had 10,682 base customers, 1,456 customers with more than $100,000 in ARR and 155 customers with more than $1 million in ARR.
What is GitLab's typical dollar-based net retention rate (DBNRR)?
GitLab's dollar-based net retention rate was 117% in Q1 FY2027, and management reported sequential acceleration in Q2 FY2027. It was above 130% in earlier years.
How does GitLab manage operating expenses and cash flow generation?
GitLab generated $232.9 million in operating cash flow and $219.6 million in non-GAAP adjusted free cash flow in FY2026, and the board authorized a $400 million share repurchase program in 2026.
What proportion of GitLab's customer base generates over $100,000 in ARR?
GitLab reported 1,456 customers with more than $100,000 in ARR and 155 with more than $1 million in ARR as of January 31, 2026.
How do cloud hosting and infrastructure costs affect GitLab's cost of goods sold (COGS)?
Hosting on Google Cloud and AWS and the cost of AI model usage are major components of cost of revenue; non-GAAP gross margin was 86% in Q2 FY2027.
What capital allocation priorities does GitLab's management team emphasize?
GitLab prioritizes reinvesting operational cash flow into core product R&D (particularly GitLab Duo AI agents and security governance), expanding enterprise sales capacity across EMEA and APAC, and pursuing selective tuck-in technology acquisitions.
How does GitLab report revenue between SaaS cloud subscriptions and self-managed licenses?
GitLab disaggregates revenue into SaaS (recognized ratably over the subscription term) and Self-Managed/Licensed software (recognized in accordance with ASC 606 with an upfront license component and ratable post-contract support), with SaaS growing as the fastest proportion of total bookings.
When did GitLab go public?
In late 2021, GitLab executed a massive IPO on the Nasdaq, achieving a highly inflated peak valuation of over $15 billion during the tech boom. While they generate massive, rapidly growing revenue, they historically burned massive amounts of cash on sales and marketing to aggressively fight Microsoft (GitHub) for enterprise contracts.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "GitLab Revenue & Financials." CorpDigest, https://corpdigest.com/company/gitlab/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>GitLab reported $955.2M in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/gitlab/financials" target="_blank" rel="noopener">CorpDigest — GitLab financials</a></div>Related Financial Audits
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