GTLB: Gitlab Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Gitlab Inc (GTLB).

OverviewDividends

$11.81B Market Cap.

As of 06/11/2025 5:00 PM ET (MRY) • Disclaimer

GTLB Market Cap. (MRY)


GTLB Shares Outstanding (MRY)


GTLB Assets (MRY)


Total Assets

$1.40B

Total Liabilities

$577.96M

Total Investments

$764.73M

GTLB Income (MRY)


Revenue

$759.25M

Net Income

-$6.33M

Operating Expense

$816.82M

GTLB Cash Flow (MRY)


CF Operations

-$63.97M

CF Investing

-$30.49M

CF Financing

$32.62M

GTLB Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$1,399,263,000 (5.89%)

$1,321,403,000 (13.02%)

$1,169,200,000 (7.12%)

$1,091,438,000 (201.03%)

Assets Current

$1,336,317,000 (4.04%)

$1,284,459,000 (14.89%)

$1,117,962,000 (6.29%)

$1,051,843,000 (201.83%)

Assets Non-Current

$62,946,000 (70.38%)

$36,944,000 (-27.90%)

$51,238,000 (29.41%)

$39,595,000 (181.35%)

Goodwill & Intangible Assets

$33,973,000 (243.93%)

$9,878,000 (-18.00%)

$12,046,000 (-16.52%)

$14,430,000 (1710.54%)

Shareholders Equity

$775,909,000 (38.61%)

$559,771,000 (-27.40%)

$771,020,000 (-0.50%)

$774,866,000 (435.12%)

Property Plant & Equipment Net

$4,394,000 (30.81%)

$3,359,000 (-50.57%)

$6,795,000 (107.73%)

$3,271,000 (0%)

Cash & Equivalents

$227,649,000 (-20.95%)

$287,996,000 (-2.51%)

$295,402,000 (-66.61%)

$884,672,000 (212.77%)

Accumulated Other Comprehensive Income

-$8,508,000 (-454.80%)

$2,398,000 (440.14%)

-$705,000 (-109.13%)

$7,724,000 (138.78%)

Deferred Revenue

$468,968,000 (29.50%)

$362,142,000 (28.08%)

$282,737,000 (33.50%)

$211,792,000 (57.86%)

Total Investments

$764,728,000 (2.20%)

$748,289,000 (14.43%)

$653,931,000 (1207.05%)

$50,031,000 (0%)

Investments Current

$764,728,000 (2.20%)

$748,289,000 (16.69%)

$641,249,000 (1181.70%)

$50,031,000 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$12,682,000 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$264,565,000 (58.68%)

$166,731,000 (27.78%)

$130,479,000 (68.94%)

$77,233,000 (94.78%)

Trade & Non-Trade Payables

$7,519,000 (332.62%)

$1,738,000 (-66.47%)

$5,184,000 (4.01%)

$4,984,000 (60.21%)

Accumulated Retained Earnings (Deficit)

-$1,167,614,000 (-0.54%)

-$1,161,288,000 (-60.03%)

-$725,648,000 (-31.14%)

-$553,337,000 (-38.96%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Debt Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Debt Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Liabilities

$577,957,000 (-19.17%)

$715,011,000 (107.57%)

$344,475,000 (17.90%)

$292,169,000 (73.00%)

Liabilities Current

$545,031,000 (-19.51%)

$677,157,000 (121.08%)

$306,296,000 (26.78%)

$241,599,000 (89.96%)

Liabilities Non-Current

$32,926,000 (-13.02%)

$37,854,000 (-0.85%)

$38,179,000 (-24.50%)

$50,570,000 (21.26%)

GTLB Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$759,249,000 (30.93%)

$579,906,000 (36.66%)

$424,336,000 (67.95%)

$252,653,000 (66.03%)

Cost of Revenue

$85,140,000 (42.59%)

$59,708,000 (15.53%)

$51,680,000 (72.35%)

$29,985,000 (62.41%)

Selling General & Administrative Expense

$577,172,000 (13.89%)

$506,798,000 (18.43%)

$427,924,000 (68.20%)

$254,408,000 (5.58%)

Research & Development Expense

$239,652,000 (19.32%)

$200,840,000 (28.63%)

$156,143,000 (60.61%)

$97,217,000 (-8.84%)

Operating Expenses

$816,824,000 (15.43%)

$707,638,000 (21.16%)

$584,067,000 (66.11%)

$351,625,000 (1.16%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Income Tax Expense

-$76,674,000 (-128.92%)

$265,145,000 (6479.28%)

$4,030,000 (366.71%)

-$1,511,000 (-153.35%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$9,119,000 (97.88%)

-$429,536,000 (-136.28%)

-$181,792,000 (-15.38%)

-$157,560,000 (18.02%)

Net Income to Non-Controlling Interests

-$2,793,000 (27.62%)

-$3,859,000 (53.98%)

-$8,385,000 (-246.20%)

-$2,422,000 (0%)

Net Income

-$6,326,000 (98.51%)

-$425,677,000 (-145.48%)

-$173,407,000 (-11.78%)

-$155,138,000 (19.28%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$6,326,000 (98.51%)

-$425,677,000 (-145.48%)

-$173,407,000 (-11.78%)

-$155,138,000 (19.28%)

Weighted Average Shares

$160,580,000 (4.08%)

$154,283,000 (3.96%)

$148,407,000 (86.08%)

$79,755,000 (58.42%)

Weighted Average Shares Diluted

$160,580,000 (4.08%)

$154,283,000 (3.96%)

$148,407,000 (86.08%)

$79,755,000 (58.42%)

Earning Before Interest & Taxes (EBIT)

-$83,000,000 (48.30%)

-$160,532,000 (5.22%)

-$169,377,000 (-8.13%)

-$156,649,000 (17.28%)

Gross Profit

$674,109,000 (29.59%)

$520,198,000 (39.59%)

$372,656,000 (67.36%)

$222,668,000 (66.53%)

Operating Income

-$142,715,000 (23.86%)

-$187,440,000 (11.34%)

-$211,411,000 (-63.94%)

-$128,957,000 (39.71%)

GTLB Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$30,494,000 (64.64%)

-$86,238,000 (85.76%)

-$605,686,000 (-1023.83%)

-$53,895,000 (-6300.83%)

Net Cash Flow from Financing

$32,620,000 (-27.89%)

$45,235,000 (-53.60%)

$97,482,000 (-86.10%)

$701,185,000 (5316.65%)

Net Cash Flow from Operations

-$63,971,000 (-282.57%)

$35,040,000 (145.27%)

-$77,408,000 (-55.39%)

-$49,814,000 (32.30%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$60,347,000 (-509.20%)

-$9,906,000 (98.32%)

-$589,270,000 (-197.51%)

$604,322,000 (1099.26%)

Net Cash Flow - Business Acquisitions and Disposals

-$27,870,000 (-1014.80%)

-$2,500,000 (74.01%)

-$9,620,000 (-2878.33%)

-$323,000 (65.38%)

Net Cash Flow - Investment Acquisitions and Disposals

$684,000 (100.84%)

-$81,690,000 (86.15%)

-$589,996,000 (-1079.26%)

-$50,031,000 (0%)

Capital Expenditure

-$3,765,000 (-135.61%)

-$1,598,000 (73.67%)

-$6,070,000 (-71.42%)

-$3,541,000 (0%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

$37,520,000 (-17.06%)

$45,235,000 (16.31%)

$38,893,000 (-94.28%)

$679,402,000 (5148.37%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$1,498,000 (137.99%)

-$3,943,000 (-7.79%)

-$3,658,000 (-153.43%)

$6,846,000 (584.60%)

Share Based Compensation

$185,899,000 (14.01%)

$163,049,000 (33.03%)

$122,567,000 (308.43%)

$30,009,000 (-73.17%)

Depreciation Amortization & Accretion

$10,986,000 (68.11%)

$6,535,000 (16.84%)

$5,593,000 (363.00%)

$1,208,000 (444.14%)

GTLB Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

88.80% (-1.00%)

89.70% (2.16%)

87.80% (-0.34%)

88.10% (0.23%)

Profit Margin

-0.80% (98.91%)

-73.40% (-79.46%)

-40.90% (33.39%)

-61.40% (51.39%)

EBITDA Margin

-9.50% (64.29%)

-26.60% (31.09%)

-38.60% (37.24%)

-61.50% (50.52%)

Return on Average Equity (ROAE)

-0.90% (98.60%)

-64.10% (-186.16%)

-22.40% (60.77%)

-57.10% (-154.38%)

Return on Average Assets (ROAA)

-0.50% (98.56%)

-34.70% (-125.32%)

-15.40% (27.70%)

-21.30% (58.24%)

Return on Sales (ROS)

-10.90% (60.65%)

-27.70% (30.58%)

-39.90% (35.65%)

-62.00% (50.16%)

Return on Invested Capital (ROIC)

-20.80% (41.74%)

-35.70% (24.36%)

-47.20% (-114.69%)

321.20% (-34.25%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0%

Price to Earnings Ratio (P/E)

-1,819 (-6960.24%)

-25.76 (38.99%)

-42.23 (-28.65%)

-32.83

Price to Sales Ratio (P/S)

15.39 (-18.66%)

18.92 (9.48%)

17.28 (-14.48%)

20.21

Price to Book Ratio (P/B)

15.22 (-22.60%)

19.66 (104.99%)

9.59 (-19.80%)

11.96

Debt to Equity Ratio (D/E)

0.74 (-41.66%)

1.28 (185.68%)

0.45 (18.57%)

0.38 (151.64%)

Earnings Per Share (EPS)

-0.04 (98.55%)

-2.76 (-135.90%)

-1.17 (40.00%)

-1.95 (48.95%)

Sales Per Share (SPS)

4.73 (25.78%)

3.76 (31.48%)

2.86 (-9.75%)

3.17 (4.80%)

Free Cash Flow Per Share (FCFPS)

-0.42 (-294.47%)

0.22 (138.61%)

-0.56 (15.99%)

-0.67 (54.24%)

Book Value Per Share (BVPS)

4.83 (33.19%)

3.63 (-30.16%)

5.2 (-46.53%)

9.72 (311.54%)

Tangible Assets Book Value Per Share (TABVPS)

8.5 (0.01%)

8.5 (9.03%)

7.8 (-42.26%)

13.5 (87.92%)

Enterprise Value Over EBIT (EV/EBIT)

-140 (-108.96%)

-67 (-63.41%)

-41 (24.07%)

-54

Enterprise Value Over EBITDA (EV/EBITDA)

-161.53 (-131.99%)

-69.63 (-62.34%)

-42.89 (21.05%)

-54.32

Asset Turnover

0.57 (20.08%)

0.47 (25.46%)

0.38 (8.33%)

0.35 (-13.65%)

Current Ratio

2.45 (29.26%)

1.9 (-48.03%)

3.65 (-16.17%)

4.35 (58.91%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$67,736,000 (-302.55%)

$33,442,000 (140.06%)

-$83,478,000 (-56.46%)

-$53,355,000 (27.49%)

Enterprise Value (EV)

$11,632,316,000 (8.48%)

$10,722,519,000 (52.64%)

$7,024,508,000 (-16.81%)

$8,443,933,936

Earnings Before Tax (EBT)

-$83,000,000 (48.30%)

-$160,532,000 (5.22%)

-$169,377,000 (-8.13%)

-$156,649,000 (17.28%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$72,014,000 (53.24%)

-$153,997,000 (5.98%)

-$163,784,000 (-5.37%)

-$155,441,000 (17.82%)

Invested Capital

$592,610,000 (71.09%)

$346,372,000 (-37.64%)

$555,456,000 (1227.53%)

-$49,263,000 (-2.07%)

Working Capital

$791,286,000 (30.30%)

$607,302,000 (-25.18%)

$811,666,000 (0.18%)

$810,244,000 (266.11%)

Tangible Asset Value

$1,365,290,000 (4.10%)

$1,311,525,000 (13.34%)

$1,157,154,000 (7.44%)

$1,077,008,000 (197.71%)

Market Capitalization

$11,808,948,000 (7.28%)

$11,007,828,000 (48.82%)

$7,396,677,000 (-20.20%)

$9,268,647,936

Average Equity

$677,823,500 (2.10%)

$663,871,000 (-14.21%)

$773,790,250 (184.67%)

$271,822,000 (248.55%)

Average Assets

$1,337,447,750 (9.15%)

$1,225,369,000 (8.83%)

$1,125,953,250 (54.88%)

$727,002,000 (92.73%)

Invested Capital Average

$398,855,750 (-11.42%)

$450,256,000 (25.58%)

$358,546,750 (835.29%)

-$48,762,500 (-25.79%)

Shares

162,300,000 (4.84%)

154,800,000 (3.41%)

149,700,000 (3.38%)

144,799,999