(GTLB) Gitlab - NASDAQ
Sector: Technology | Industry: Software - Infrastructure | Exchange: NASDAQ (USA) | Market Cap: 4.756m USD | Total Return: -33.7% in 12m
Avg Turnover: 175M
Qual. Beats: 0
Rev. Trend: 99.9%
Qual. Beats: 4
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
GitLab Inc. (NASDAQ: GTLB) is a U.S.-headquartered software company that provides a single DevSecOps platform covering the full software development lifecycle-from project planning and code creation to security scanning, compliance checks, and deployment. Its flagship GitLab product is designed to unify these traditionally siloed stages into one integrated application.
The company also offers the GitLab Duo Agent Platform, which layers AI-driven orchestration onto its core offering, enabling autonomous AI agents and conversational assistants to execute tasks across planning, development, security, and deployment. GitLab complements its software with training and professional services.
Founded in 2011 and based in San Francisco, GitLab operates in the Information Technology sector (GICS Sub Industry: Systems Software) and serves customers in the United States, Europe, and Asia Pacific. It went public on NASDAQ in October 2021 and is classified as a mid-cap stock.
- GitLab Duo AI platform drives premium tier upsells
- Operating losses persist as cloud spend pressures margins
- GitHub and Atlassian competition intensifies in DevSecOps
| Net Income: -25.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 15.43 > 1.0 |
| NWC/Revenue: 99.15% < 20% (prev 102.5%; Δ -3.31% < -1%) |
| CFO/TA 0.16 > 3% & CFO 275.8m > Net Income -25.1m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (169.9m) vs 12m ago 3.32% < -2% |
| Gross Margin: 86.74% > 18% (prev 88.64%; Δ -1.90% > 0.5%) |
| Asset Turnover: 63.85% > 50% (prev 55.80%; Δ 8.06% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.58 (Total Current Assets 1.64b - Total Current Liabilities 643.0m) / Total Assets 1.71b |
| B: -0.72 (Retained Earnings -1.23b / Total Assets 1.71b) |
| C: -0.03 (EBIT TTM -51.6m / Avg Total Assets 1.57b) |
| D: 1.46 (Book Value of Equity 985.2m / Total Liabilities 674.1m) |
| Altman-Z'' = 2.80 = A |
| DSRI: 0.80 (Receivables 200.3m/201.4m, Revenue 1.00b/804.6m) |
| GMI: 1.02 (GM 88.64% / 86.74%) |
| AQI: 0.80 (AQ_t 0.03 / AQ_t-1 0.04) |
| SGI: 1.25 (Revenue 1.00b / 804.6m) |
| TATA: -0.18 (NI -25.1m - CFO 275.8m) / TA 1.71b) |
| Beneish M = -3.13 (Cap -4..+1) = AA |
As of June 24, 2026, the stock is trading at USD 27.00 with a total of 4,600,258 shares traded. Over the past week, the price has changed by -4.63%, over one month by +0.86%, over three months by +21.24% and over the past year by -33.68%.
Current recommended Stop Loss: 24.70 (which is 8.5% or 1.4 ATR below the current price).
Gitlab has received a consensus analysts rating of 4.54. Therefore, it is recommended to buy GTLB.
- StrongBuy: 18
- Buy: 7
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 33.6 | 24.5% |
P/E Forward = 34.4828
P/S = 4.7332
P/B = 4.8534
Revenue TTM = 1.00b USD
EBIT TTM = -51.6m USD
EBITDA TTM = -39.5m USD
Long Term Debt = unknown (none)
Short Term Debt = 187k USD (from shortTermDebt, last fiscal year)
Debt = 187k USD (from shortLongTermDebtTotal, last fiscal year) (leases 187k already included)
Net Debt = -1.36b USD (calculated: Debt 187k - CCE 1.36b)
Enterprise Value = 3.40b USD (4.76b + Debt 187k - CCE 1.36b)
Interest Coverage Ratio = unknown (Ebit TTM -51.6m / Interest Expense TTM 0.0)
EV/FCF = 12.90x (Enterprise Value 3.40b / FCF TTM 263.4m)
FCF Yield = 7.75% (FCF TTM 263.4m / Enterprise Value 3.40b)
FCF Margin = 26.22% (FCF TTM 263.4m / Revenue TTM 1.00b)
Net Margin = -2.49% (Net Income TTM -25.1m / Revenue TTM 1.00b)
Gross Margin = 86.74% ((Revenue TTM 1.00b - Cost of Revenue TTM 133.2m) / Revenue TTM)
Gross Margin QoQ = 85.81% (prev 86.57%)
Tobins Q-Ratio = 1.99 (Enterprise Value 3.40b / Total Assets 1.71b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 187k)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -40.8m (EBIT -51.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.55 (Total Current Assets 1.64b / Total Current Liabilities 643.0m)
Debt / Equity = 0.00 (Debt 187k / totalStockholderEquity, last quarter 985.2m)
Debt / EBITDA = 34.33 (negative EBITDA) (Net Debt -1.36b / EBITDA -39.5m)
Debt / FCF = -5.15 (Net Debt -1.36b / FCF TTM 263.4m)
Total Stockholder Equity = 941.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.59% (Net Income -25.1m / Total Assets 1.71b)
RoE = -2.66% (Net Income TTM -25.1m / Total Stockholder Equity 941.3m)
RoCE = -4.86% (EBIT -51.6m / Capital Employed (Total Assets 1.71b - Current Liab 643.0m))
RoIC = -4.03% (negative operating profit) (NOPAT -40.8m / Invested Capital 1.01b)
WACC = 11.78% (E(4.76b)/V(4.76b) * Re(11.78%) + D(187k)/V(4.76b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 11.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 46.67 | Cagr: 3.70%
[DCF] Terminal Value 67.71% ; FCFF base≈158.2m ; Y1≈181.3m ; Y5≈266.8m
[DCF] Fair Price = 22.95 (EV 2.49b - Net Debt -1.36b = Equity 3.85b / Shares 167.8m; r=11.78% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.57 | # QB: 0
Revenue Correlation: 99.85 | Revenue CAGR: 28.88% | SUE: 3.77 | # QB: 4
EPS current Quarter (2026-07-31): EPS=0.18 | Chg30d=-4.72% | Revisions=-60% | Analysts=26
EPS next Quarter (2026-10-31): EPS=0.18 | Chg30d=-8.40% | Revisions=-77% | Analysts=26
EPS current Year (2027-01-31): EPS=0.81 | Chg30d=+2.76% | Revisions=+77% | GrowthEPS=-15.4% | GrowthRev=+17.0%
EPS next Year (2028-01-31): EPS=1.03 | Chg30d=+4.92% | Revisions=+67% | GrowthEPS=+26.7% | GrowthRev=+15.7%
[Analyst] Revisions Ratio: -77%