Superworth

GitLab profit margin GTLB

Gross, operating and net profit as a share of revenue over the last twelve months, from 2022.

Net margin, 12 months
−5.0%
Operating margin, 12 months
−8.5%
Net margin on a year earlier
−3.9 pts
Peer median
16.4%

Over the twelve months to Jul 31, 2026, GitLab kept −5.0% of its revenue as net profit, with an operating margin of −8.5% and a gross margin of 85.8%.

The median for 10 infrastructure software stocks of a similar size is 16.4%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2026−5.9%−7.4%87.4%
FY2025−0.8%−18.8%88.8%
FY2024−73.4%−32.3%89.7%
FY2023−40.6%−49.8%87.8%
FY2022−61.4%−51.0%88.1%
FY2021n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY27−5.0%−3.9 pts−8.5%
Q1 FY27−2.5%−4.1 pts−5.1%
Q4 FY26−5.9%−5.0 pts−7.4%
Q3 FY26−5.1%+2.1 pts−9.3%
Q2 FY26−1.1%+53.9 pts−11.8%
Q1 FY261.6%+70.5 pts−15.4%
Q4 FY25−0.8%+72.6 pts−18.8%
Q3 FY25−7.2%+71.9 pts−22.2%
Q2 FY25−54.9%−17.2 pts−25.5%
Q1 FY25−68.9%−26.0 pts−29.4%
Q4 FY24−73.4%−32.8 pts−32.3%
Q3 FY24−79.1%−31.8 pts−36.9%

Against its peers

Companies in Software - Infrastructure nearest GitLab's size, closest first, today.

CompanyProfit margin
GTLBGitLab−5.0%
PCTYPaylocity15.2%
DBXDropbox17.5%
QLYSQualys29.4%
APPFAppfolio15.1%
PATHUiPath21.0%
BSYBentley Systems18.1%
PAYCPaycom Software22.8%
CVLTCommvault Systems5.6%
OTEXOpen Text12.3%
AKAMAkamai Technologies9.5%
Peer median16.4%

Where GitLab ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on GitLab

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.