GitLab Past Earnings Performance
Past criteria checks 0/6
GitLab's earnings have been declining at an average annual rate of -21.9%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 43.1% per year.
Key information
-21.9%
Earnings growth rate
22.1%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 43.1% |
| Return on equity | -69.3% |
| Net Margin | -73.1% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
Recent updates
GitLab: Not Cheap But Worth A Premium Valuation
Apr 01GitLab Presents A Great Buying Opportunity Post Earnings Sell-Off (Rating Upgrade)
Mar 17GitLab: FY 2024 Was Strong, But Guidance Was Lower Than Expected
Mar 06Investors Appear Satisfied With GitLab Inc.'s (NASDAQ:GTLB) Prospects As Shares Rocket 25%
Feb 10
GitLab: Staying On The Sidelines As Growth Is Fully Priced In
Jan 22Estimating The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)
Jan 06We're Not Worried About GitLab's (NASDAQ:GTLB) Cash Burn
Nov 07A Look At The Intrinsic Value Of GitLab Inc. (NASDAQ:GTLB)
Jul 24Companies Like GitLab (NASDAQ:GTLB) Can Afford To Invest In Growth
Jul 03GitLab Inc.'s (NASDAQ:GTLB) Price In Tune With Revenues
Apr 17GitLab Q2 Earnings: Staggering Results Justify The Price Tag
Sep 08GitLab receives Neutral rating from JPMorgan on stretched valuations
Sep 01GitLab: Verticalizing The DevOps Stack
Jul 19Analysts Are Updating Their GitLab Inc. (NASDAQ:GTLB) Estimates After Its First-Quarter Results
Jun 10GitLab: Too Much Competition, Little Differentiation, And Elevated Valuation; Sell For A Better Entry Point
May 31GitLab: Taking On Microsoft's GitHub And Holding Its Own
Apr 28GitLab: An Underrated Emerging DevOps Leader To Watch
Apr 08Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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: GTLB is currently unprofitable.
Growing Profit Margin: GTLB is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GTLB is unprofitable, and losses have increased over the past 5 years at a rate of 21.9% per year.
Accelerating Growth: Unable to compare GTLB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GTLB is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.5%).
Return on Equity
High ROE: GTLB has a negative Return on Equity (-69.27%), as it is currently unprofitable.