GitLab Inc. (GTLB) Stock Price & Analysis
GitLab Inc. (GTLB) closed at USD 54.53 on Thursday, October 22, 2026, down 1.66% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 55.45; the Oct 22, 2026 session ranged USD 54.04–56.65 on volume of 4,316,341 shares. Market capitalization is $9.09B, with a 52-week range of USD 18.73–57.89 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:15 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GTLB.md
Key facts (GTLB)
- Last four reported quarters (through Jul 31, 2026): revenue $1.06B, net income -$52.7M (-5.0% margin), free cash flow $214M (SEC filings).
- Analysts: Hold (mean 2.71 on a 1–5 scale) (28 analysts), mean target USD 55.71 (range 45–70).
- Total return with dividends: 1Y +13.3% vs S&P 500 +14.9%; 5Y -54.6% vs S&P 500 +80.3%.
- Next earnings: 2026-12-01, EPS estimate USD 0.2, revenue estimate $283M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (GTLB)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $253M | $424M | $580M | $759M | $955M | $1.06B |
| Gross profit | $223M | $373M | $520M | $674M | $834M | — |
| Operating income | -$129M | -$211M | -$187M | -$143M | -$70.5M | -$90.2M |
| Net income | -$155M | -$173M | -$426M | -$6.3M | -$56.0M | -$52.7M |
| EPS (diluted) | -$1.95 | -$1.17 | -$2.76 | -$0.04 | -$0.34 | — |
| Free cash flow | -$53.4M | -$83.5M | $33.4M | -$67.7M | $222M | $214M |
| Gross margin | 88.1% | 87.8% | 89.7% | 88.8% | 87.4% | — |
| Operating margin | -51.0% | -49.8% | -32.3% | -18.8% | -7.4% | -8.5% |
| Net margin | -61.4% | -40.9% | -73.4% | -0.8% | -5.9% | -5.0% |
| Revenue growth | +66.0% | +68.0% | +36.7% | +30.9% | +25.8% | — |
| Cash + short-term investments | $935M | $937M | $1.04B | $992M | $1.26B | — |
Fiscal years end Jan. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jul 31, 2026) (GTLB)
P/S 8.6x · P/FCF 42.5x · P/B 9.8x · FCF yield 2.35% · Earnings yield -0.58%
Analysts (GTLB)
Consensus Hold (mean 2.71 on a 1–5 scale), 28 analysts; mean target USD 55.71 (low 45, high 70).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-02 | William Blair | Upgrade | Underperform → Market Perform | |
| 2026-09-02 | DA Davidson | Target raised | Neutral | $45 → $55 |
| 2026-09-02 | Canaccord Genuity | Target raised | Buy | $40 → $70 |
| 2026-09-02 | Truist Securities | Target raised | Hold | $40 → $48 |
| 2026-09-02 | Macquarie | Target raised | Neutral | $28 → $45 |
| 2026-09-02 | Wells Fargo | Target raised | Equal-Weight | $40 → $50 |
| 2026-09-02 | UBS | Target raised | Neutral | $40 → $50 |
| 2026-09-02 | Mizuho | Target raised | Neutral | $34 → $47 |
| 2026-09-02 | Barclays | Target raised | Underweight | $25 → $47 |
| 2026-09-02 | RBC Capital | Target raised | Sector Perform | $46 → $60 |
| 2026-09-02 | Guggenheim | Reiterated | Neutral | |
| 2026-09-02 | Morgan Stanley | Target raised | Equal-Weight | $30 → $57 |
Total return (dividends reinvested) (GTLB)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +13.3% | -54.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +13.4% | -14.6% |
| Volatility (annualized) | 59.5% | 71.8% |
| Max drawdown | -62.0% (Nov 2025→Apr 2026) | -84.5% (Nov 2021→Apr 2026) |
GTLB revenue by product line (quarter ended Jul 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Subscription—self-managed and SaaS | $258.3M | 90.2% | +21.5% |
| — Subscription—self-managed (part of Subscription—self-managed and SaaS) | $160.7M | 56.1% | +14.3% |
| — SaaS (part of Subscription—self-managed and SaaS) | $97.6M | 34.1% | +35.5% |
| License—self-managed and other | $27.9M | 9.8% | +20.1% |
| — License—self-managed (part of License—self-managed and other) | $20.7M | 7.2% | +13.9% |
| — Professional services and other (part of License—self-managed and other) | $7.3M | 2.5% | +41.8% |
| Total revenue | $286.3M | 100% | — |
GTLB revenue by region (quarter ended Jul 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $239.2M | 83.5% | +22.9% |
| Europe | $39.8M | 13.9% | +10.2% |
| Asia Pacific | $7.2M | 2.5% | +38.9% |
| Total revenue | $286.3M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
GTLB suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Alphabet (Google) (GOOGL) | “We have been investing in our global partner ecosystem, composed of hyperscalers and cloud providers, including Google Cloud and AWS, technology and independent software vendor partners, global resellers, and system integrators.” |
| Partner | Amazon (AMZN) | “We have been investing in our global partner ecosystem, composed of hyperscalers and cloud providers, including Google Cloud and AWS, technology and independent software vendor partners, global resellers, and system integrators.” |
| Competitor | Microsoft (MSFT) | “Our principal competitor is Microsoft Corporation, which owns GitHub.” |
Quoted from the company's 10-K filed Mar 17, 2026.
GTLB company outlook (results filed Sep 1, 2026)
- “(ET) to discuss its second quarter fiscal year 2027 financial results and its guidance for the third quarter and full fiscal year 2027 .”
Quoted word-for-word from the SEC 8-K results press release.
GTLB analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Oct 2026) | $0.20 | $0.18 | +13.0% | $282.7M | 27 |
| Next quarter (ends Jan 2027) | $0.19 | $0.23 | -15.0% | $299.3M | 27 |
| Current fiscal year (ends Jan 2027) | $0.87 | $0.81 | +6.6% | $1.13B | 27 |
| Next fiscal year (ends Jan 2028) | $1.04 | $1.03 | +0.9% | $1.31B | 27 |
GTLB options: expected move
Options price a move of about ±19.9% (±$10.75) by Dec 4, 2026, which includes earnings on Dec 1, 2026; the earnings reaction alone is priced at about ±11.5%. Over the last 8 reports the stock moved ±7.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 67.7% | ±8.1% |
| Nov 6, 2026 | 14 | 55.9% | ±9.1% |
| Nov 13, 2026 | 21 | 57.5% | ±11.4% |
| Nov 20, 2026 | 28 | 62.2% | ±14.1% |
| Nov 27, 2026 | 35 | 59.2% | ±14.9% |
| Dec 4, 2026 | 42 | 71.9% | ±19.9% |
| Dec 18, 2026 | 56 | 63.8% | ±20.3% |
| Jan 15, 2027 | 84 | 63.6% | ±24.7% |
30-day implied volatility 56.4% vs 46.9% realized over the last 30 trading days. Put/call ratio (volume) 0.31. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:15 UTC)
| Price | USD 54.53 |
|---|---|
| Change | ▼ 1.66% (down) |
| Previous Close | USD 55.45 |
| Open | USD 55.9 |
| Day Range | USD 54.04 – 56.65 |
| 52-Week Range | USD 18.73 – 57.89 |
| Volume | 4,316,341 shares |
| Market Cap | $9.09B |
| Exchange | NMS |
Technical Analysis (GTLB)
Nexqual's technical model rates GTLB "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 09:15 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 56.66 (neutral) |
| vs SMA50 | Above (USD 48.37) |
| MACD | 2.04 (positive) |
Analyst Ratings (GTLB)
Wall Street analysts rate GTLB "Hold" based on 28 analysts, with a mean price target of USD 55.71 (range USD 45–70), per Nexqual as of October 23, 2026 at 09:15 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 28 |
| Mean Target | USD 55.71 |
| High Target | USD 70 |
| Low Target | USD 45 |
| Buy / Hold / Sell | 9 / 18 / 1 |
Earnings (GTLB)
| Next Earnings Date | 2026-12-01 |
|---|---|
| EPS Estimate | USD 0.2 |
| Revenue Estimate | $282.74M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-07-31 | USD 0.24 vs est 0.18 ▲ beat |
| 2026-04-30 | USD 0.23 vs est 0.2 ▲ beat |
| 2026-01-31 | USD 0.3 vs est 0.23 ▲ beat |
| 2025-10-31 | USD 0.25 vs est 0.2 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:15 UTC.
Financials & Fundamentals (GTLB)
| Total Revenue | $1.06B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +21.30% |
| Gross Margin | +85.90% |
| Operating Margin | -11.54% |
| Profit Margin | -4.99% |
| ROE | -5.74% |
| Current Ratio | 2.41 |
| Total Cash | $1.26B |
| Total Debt | $0 |
| Free Cash Flow (last four quarters to Jul 2026, SEC 10-Q / 10-K) | $213.67M (20.3% of revenue) |
Source: Nexqual, October 23, 2026 at 09:15 UTC.
Financial Health Score (GTLB)
Nexqual rates GitLab Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:15 UTC.
| Growth | Strong — Revenue +26% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 86%, operating -12% (last 12 months) |
| Balance Sheet | Mixed — $1.26B cash, no debt |
| Cash Flow | Strong — FCF $214M (last 4 quarters to Jul 2026, SEC), 20% margin |
| Efficiency | Critical — ROE -6%, ROA -2.5% |
Ownership (GTLB)
| Insider Ownership | +2.17% |
|---|---|
| Institutional Ownership | +90.49% |
| Shares Outstanding | 165.50M |
| Float | 138.10M |
| Short % of Float | +8.27% |
Source: Nexqual, October 23, 2026 at 09:15 UTC.
Leadership (GTLB)
GitLab Inc. is led by William Staples, CEO & Director, per Nexqual as of October 23, 2026 at 09:15 UTC.
| CEO & Director | William Staples |
|---|---|
| Co-Founder & Executive Chairman | Sytse Sijbrandij |
| CFO & Principal Accounting Officer | Jessica P. Ross |
| Chief Technology Officer | Sivaprasad Padisetty |
| Chief Revenue Officer | Ian Steward |
Major Backers & Investors (GTLB)
Notable institutional backers of GitLab Inc. include AQR Capital Management, LLC, Primecap Management Company, Shaw D.E. & Co., Inc., according to Nexqual as of October 23, 2026 at 09:15 UTC.
Active Investors
| Investor | Stake |
|---|---|
| AQR Capital Management, LLC | 6.25% |
| Primecap Management Company | 4.64% |
| Shaw D.E. & Co., Inc. | 2.53% |
| Impactive Capital, LP | 2.51% |
| Atreides Management, LP | 2.04% |
| Disciplined Growth Investors, Inc. | 2% |
| Goldman Sachs | 1.88% |
| First Trust Exchange-Traded Fund II-First Trust Cloud Computing ETF | 1.06% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 9.28% |
| BlackRock | 5.35% |
Source: Nexqual, October 23, 2026 at 09:15 UTC.
From GitLab Inc.'s Latest SEC 10-K Filing (filed 2026-03-17)
Key Strengths & Strategy (as disclosed to the SEC)
- We have been investing in our global partner ecosystem, composed of hyperscalers and cloud providers, including Google Cloud and AWS, technology and independent software vendor partners, global resellers, and system integrators.
- Our platform runs seamlessly whether fully managed as SaaS, self-managed in cloud or on-premises environments, or as single-tenant dedicated instances, enabling customers to maintain full control over their data, workflows, and security policies. •GitLab Service Level Agreement ("SLA") for SaaS Deployments.
- GitLab features and services covered under this SLA include Issues and Merge Requests, Git Operations (push, pull, clone via HTTPS and SSH), Container Registry operations, Package Registry operations, and API Requests (limited to the features and services otherwise available under the SLA). •Open Core Platform for Ecosystem Innovation.
- We generally enter into confidentiality agreements and invention or work product assignment agreements with our officers, team members, agents, contractors, and business partners to control access to, and clarify ownership of, our proprietary information.
Legal & Regulatory Risks (Item 1A, quoted)
- Our AI features may also generate output or perform actions, as applicable, that are misleading, insecure, inaccurate, harmful, or otherwise flawed, which may harm our reputation, business, or customers, or expose us to legal liability.
- Our failure or inability to protect our intellectual property rights, or claims by others that we are infringing upon or unlawfully using their intellectual property, could diminish the value of our brand and weaken our competitive position, and adversely affect our business, financial condition, operating results, and prospects.
- We are or may be the defendant in lawsuits or other claims that could cause us to incur substantial liabilities.
- We have been and could in the future be subject to securities class action litigation and shareholder derivative suits.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NTSK | Netskope, Inc. | USD 22.2 | ▲ 1.79% |
| ZETA | Zeta Global Holdings Corp. | USD 33.52 | ▼ 1.73% |
| PAYP | PayPay Corporation - American D | USD 15.21 | ▼ 0.91% |
| DBX | Dropbox, Inc. | USD 37.48 | ▲ 2.43% |
| S | SentinelOne, Inc. | USD 22.5 | ▼ 1.19% |
| SAIL | SailPoint, Inc. | USD 20.06 | ▲ 1.93% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:15 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt