| Market Capitalization (Millions $) |
7,858 |
| Shares
Outstanding (Millions) |
169 |
| Employees |
13,975 |
| Revenues (TTM) (Millions $) |
1,054 |
| Net Income (TTM) (Millions $) |
-54 |
| Cash Flow (TTM) (Millions $) |
74 |
| Capital Exp. (TTM) (Millions $) |
10 |
Business Description
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
|
173.84 %