GitLab Inc. (GTLB) Stock

GitLab Inc. (GTLB) is a Technology stock trading at $42.07 (as of 2026-08-20), with a market capitalization of $7.15B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

GitLab Inc. develops software for the software development lifecycle and offers GitLab, a DevOps platform designed as a single application to provide visibility and control across stages of the DevOps workflow. The company serves organizations that plan, build, secure, and deploy software, and it also provides related training and professional services.

Understand GitLab Inc.: how it makes money

GitLab builds a DevOps platform for the software development lifecycle, and it makes money mainly from subscription revenue (self-managed and software as a service) plus license revenue (self-managed and other).

GitLab is a subscription business where customer spending tends to expand, as shown by Dollar-Based Net Retention Rate, and forward revenue visibility is reflected in Remaining Performance Obligations.

Revenue by segment (latest quarter)
Sub$0.2B
License$0.0B

Business quality (Weak): High gross margin (85.8%) but negative operating margin (-6.0%) suggests revenue is not yet converting into operating profit.

Bull case

  • Dollar-Based Net Retention Rate is 119%, indicating customer value is not just retained, it expands: For a subscription platform, retention and expansion usually support durable revenue.
  • Remaining Performance Obligations are USD 1.0B, providing some visibility into future revenue: This can help reduce the uncertainty of near-term demand.

Bear case

  • Operating margin is -6.0%: Despite strong gross margin (85.8%), the company is not converting revenue into operating profit in this period.
  • Software as a Service Share of Annual Recurring Revenue is 25%: A smaller SaaS mix can mean a bigger share of revenue tied to self-managed delivery models.
Valuation — source: SEC EDGAR (first-party)
Price$42.07
Market Cap$7.15B
Price / Book6.93
Price / Sales7.12
FCF Yield3.7%
DCF Value (model)$26.85
DCF Upside vs Price-36.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$955.22M
Net Margin-5.9%
Revenue Growth (YoY)23.1%
EPS Growth (YoY)-86.4%
FCF Growth (YoY)39.3%
Financial Health — source: SEC EDGAR
Altman Z-Score6.26 (safe)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Business Services)30.0
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($565.68M)
Institutional Holders Tracked10
Congressional Trades (recent)3
Company
SectorTechnology
IndustryBusiness Services
CEOWilliam Staples
Employees2,375
CountryUS
IPO Date2021-10-14

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GTLB earnings history · GTLB institutional & insider holders · GTLB KPIs & operating metrics · GTLB financials · GTLB investor presentations & press releases · GTLB SEC filings · GTLB peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.