GitLab
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. GitLab's past years’ income statements indicate that its last revenue has increased compared to the previous period by 37% to $579,906,000. Profit margin reached -73%. Total operating expenses were $707,638,000.

Profit Margin

GitLab Inc. (NASDAQ:GTLB): Profit margin
2020 81.22M -130.74M -160.96%
2021 152.17M -192.19M -126.3%
2022 252.65M -157.56M -62.36%
2023 424.33M -180.69M -42.58%
2024 579.90M -424.17M -73.15%

GTLB Income Statement (2020 – 2024)

2024 2023 2022 2021 2020
Revenue
Revenue
579.90M424.33M252.65M152.17M81.22M
Cost of revenue
59.70M51.68M29.98M18.46M9.37M
Gross profit
520.19M372.65M222.66M133.71M71.85M
Operating exp.
Research and development
200.84M156.14M97.21M106.64M59.36M
Selling and marketing
356.39M309.99M190.75M154.08M99.22M
Total operating expenses
707.63M584.06M351.62M347.59M200.21M
Operating income
-187.44M-211.41M-128.95M-213.88M-128.36M
Other income (expenses), net
23.46M33.61M-30.11M24.52M-1.17M
Income before tax
-163.97M-177.79M-159.07M-189.36M-129.54M
Income tax expense
264.05M2.89M-1.51M2.83M1.2M
Net income
-424.17M-180.69M-157.56M-192.19M-130.74M
Earnings per share
Basic EPS
-2.75-1.22-1.98-1.45-0.99
Diluted EPS
-2.75-1.22-1.98-1.45-0.99
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