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Gitlab Inc   (GTLB)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $53.5100 $-0.35 -0.650%
Day's High: $54.98 Week Perf: -7.92 %
Day's Low: $ 53.35 30 Day Perf: -2.3 %
Volume (M): 1,076 52 Wk High: $ 78.53
Volume (M$): $ 57,593 52 Wk Avg: $51.21
Open: $54.00 52 Wk Low: $26.24



 Market Capitalization (Millions $) 8,254
 Shares Outstanding (Millions) 154
 Employees 1,630
 Revenues (TTM) (Millions $) 424
 Net Income (TTM) (Millions $) -181
 Cash Flow (TTM) (Millions $) -10
 Capital Exp. (TTM) (Millions $) 2

Gitlab Inc
We believe in a software-powered, inventive world. To fulfill this ambition, we pioneered The DevOps Platform, a fundamentally new approach to DevOps comprised of a unified data architecture and a single codebase. The DevOps Platform enables anybody to participate to the speedy, efficient, and secure development of better software.
GitLab is The DevOps Platform, a unified platform that brings together development, operations, IT, security, and business teams to achieve specific business goals. Having all teams on a single application with a single interface is a significant step forward in how businesses design, create, secure, and deliver software.
The DevOps Platform accelerates our customers' ability to create business value and innovate by reducing their software development cycle times from weeks to minutes. It removes the need for point tools and delivers enhanced operational efficiency by eliminating manual work, increasing productivity, and creating a culture of innovation and velocity. The DevOps Platform also embeds security earlier into the development process, improving our customers' software security, quality, and overall compliance.
The DevOps Platform is available to any company, regardless of the size, scope, and complexity of their deployment. As a result, we have a large number of customers on paid trials or with single-digit users. For purposes of determining the number of our active customers, we look at our customers with more than $5,000 of Annual Recurring Revenue, or ARR, in a given period, who we refer to as our Base Customers. For purposes of determining our Base Customers, a single organization with separate subsidiaries, segments, or divisions that use The DevOps Platform is considered a single customer for determining each organization's ARR. Our company exists today in large part thanks to the vast and growing community of open source contributors around the world. We actively work to grow open source community engagement by operating with intentional transparency. We make our strategy, direction, and product roadmap available to the wider community, where we encourage and solicit their feedback. By making information public, we make it easier to solicit contributions and collaboration from our users and customers. See the section entitled 'Management's Discussion and Analysis of Financial Condition and Results of Operations'Key Business Metrics'Dollar-Based Net Retention Rate and ARR' below for additional information about how we define ARR.
GitLab has pioneered The DevOps Platform, a single application that brings together development, operations, IT, security, and business teams to deliver desired business outcomes through efficient software development. It represents a step change in how organizations plan, build, secure and deliver software.
The DevOps Platform is built on a single codebase, unified data model, and user interface. Organizations can deploy The DevOps Platform as a self-managed offering in their own multi-cloud, hybrid-cloud, or on-premises environments, and as a SaaS offering in our own public cloud. The DevOps Platform is designed in a way that enables our customers to move their DevOps workflow across any hybrid or multi-cloud environment while maintaining full feature parity and a single application experience.


   Company Address: 251 Little Falls Drive Wilmington 19808 DE
   Company Phone Number:    Stock Exchange / Ticker: NASDAQ GTLB
   


Customers Net Income grew by GTLB's Customers Net Profit Margin grew to

193.75 %

1.33 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CRM   -7.63%    
DBX   -2.94%    
MNDY   -7.71%    
NOW   -4.52%    
SQ   -8.18%    
TEAM   -9.12%    
• View Complete Report
   



Gitlab Inc

Strong Earnings Driven by $259.39 Million Tax Provisions

The recent financial performance of GitLab Inc has raised concerns among investors, signaling a bearish outlook for the company. While the company managed to turn a profit for the November to January 31, 2024 financial period, there are several red flags that point towards potential challenges in the future.
Firstly, although the company posted positive earnings per share of $1.55 compared to a loss of $0.26 the previous year, it is important to note that the earnings per share turned positive from a significant loss of $1.84 in the preceding financial period. This indicates that the company's profitability is not sustainable and may have been influenced by one-time factors.

Merger and Acquisition

GitLab Acquires Oxeye to Advance Application Security & Governance Capabilities

Published Wed, Mar 20 2024 8:45 PM UTC

GitLab, a leading company in the software development industry, has recently been recognized as the only Leader in Integrated Software Delivery Platforms by an independent research firm. This acknowledgement further solidifies GitLab's position as the go-to platform for organizations seeking efficient and secure software delivery.
One of the key strengths of GitLab's Dev...

Product Service News

Revolutionizing the Future: GitLab's Strategic Pricing and Revenue Growth in Q3 2023

Published Wed, Jan 17 2024 10:00 PM UTC

In a highly competitive tech industry marked by relentless innovation and dynamic shifts, GitLab is setting the pace. The company recently announced pricing for its GitLab Duo Pro AI add-on, made available to GitLab SaaS, self-managed, and dedicated customers for a competitive $19 per user per month. This move comes amidst significant insights from its Q3 2023 earnings repor...

Gitlab Inc

Gitlab Inc Faces Unforeseen Tax Blow, Records Massive $256.79 Million Charge

Gitlab Inc, a prominent Software & Programming company, recently announced its financial results for the three months ending October 31, 2023. Despite a shortfall per share of $-1.84, the company witnessed a substantial surge in revenue, which increased by 32.397% to $149.58 million compared to the same reporting period last year.
In comparison to its industry peers, GTLB's revenue growth in the third quarter of 2024 outperformed expectations. The Software & Programming industry as a whole experienced a 12.50% top-line advance during the same period. This indicates that Gitlab Inc's performance is strong and it has successfully positioned itself as a leader in the industry.

Gitlab Inc

Gitlab Inc Surpasses Expectations with Strong Financial Performance in Q2 of 2024

Gitlab Inc, the leading software development and collaboration platform, has shown significant improvement in its financial performance for the period from May to July 31, 2023. As a Wall Street journalist, it is essential to analyze and provide insights into these numbers to help investors make informed decisions.
Firstly, let's take a look at the company's earnings per share (EPS). Gitlab Inc experienced a decrease in loss per share, dropping from $-0.40 per share compared to the same period last year to $-0.33 per share in the current year. This indicates a positive trend in the company's profitability. Furthermore, the EPS also improved from the previous quarter, where it stood at $-0.35 per share. These figures suggest that Gitlab Inc has been successful in reducing its losses and achieving better financial performance.






 

Gitlab Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Gitlab Inc does not provide revenue guidance.

Earnings Outlook
Gitlab Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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