GitLab Past Earnings Performance
Past criteria checks 0/6
GitLab's earnings have been declining at an average annual rate of -25%, while the Software industry saw earnings growing at 10.8% annually. Revenues have been growing at an average rate of 40.7% per year.
Key information
-25.0%
Earnings growth rate
17.2%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 40.7% |
| Return on equity | -70.0% |
| Net Margin | -68.5% |
| Next Earnings Update | 03 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How GitLab makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Apr 24 | 622 | -426 | 533 | 205 |
| 31 Jan 24 | 580 | -424 | 501 | 199 |
| 31 Oct 23 | 539 | -426 | 483 | 190 |
| 31 Jul 23 | 502 | -190 | 471 | 182 |
| 30 Apr 23 | 464 | -199 | 455 | 173 |
| 31 Jan 23 | 424 | -172 | 428 | 156 |
| 31 Oct 22 | 379 | -179 | 397 | 141 |
| 31 Jul 22 | 333 | -172 | 350 | 125 |
| 30 Apr 22 | 290 | -153 | 295 | 108 |
| 31 Jan 22 | 253 | -155 | 254 | 97 |
| 31 Oct 21 | 221 | -229 | 294 | 117 |
| 31 Jul 21 | 196 | -217 | 269 | 112 |
| 30 Apr 21 | 170 | -198 | 250 | 109 |
| 31 Jan 21 | 152 | -192 | 241 | 107 |
| 31 Jan 20 | 81 | -131 | 141 | 59 |
Quality Earnings: 8K2 is currently unprofitable.
Growing Profit Margin: 8K2 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8K2 is unprofitable, and losses have increased over the past 5 years at a rate of 25% per year.
Accelerating Growth: Unable to compare 8K2's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8K2 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-4.4%).
Return on Equity
High ROE: 8K2 has a negative Return on Equity (-70%), as it is currently unprofitable.