Gitlab Inc.

Gitlab Inc.

GTLBProductivity

GitLab provides a single application for the entire software development lifecycle.

Key figures

Data as of Jul 2026 · Pills compare vs Apr 2026
ARR Multiple
7.6x
+2.5x
ARR
$1.1B
+8.4%
YoY Growth
21.3%
-1.8pp
Market Cap
$8.7B
+50.5%
Revenue (Q)
$286M
+8.4%
Gross Margin
84.1%
-1.8pp
Op. Margin
-19.9%
-13.9pp
Rule of 40
1.4
-12.3
Magic Number
0.74
+0.61

Revenue, margins & ratios from SEC filings; market cap & ARR multiple from market data. Market cap & ARR multiple use the close of 13 Oct 2026; their pills compare vs the Jul 2026 quarter-end (5.0x).

Valuation by quarter

Current ARR Multiple: 5.0x· Forward at Q3 FY2027 guidance: 5.1x

Calculated valuation

FRAMEWORK EST.
Valuation data is not available for this company.

Strategy recommendations

Levers ranked by valuation impact
No recommendations for this company.
AI Replacement RiskLOW
9/ 100
LowModerateElevatedHigh

Estimated likelihood that general-purpose AI replaces this product.

Open AI Risk Calculator →

Why this rating

From the AI Risk Calculator model

Structural moats (regulation, integration depth, or proprietary data) make AI-only replacement unlikely in the near term.

What's driving the score
DevOps & developer toolsCategory baseline
low base
Workflow complexity5/5
-12 risk
Data moat3/5
-1 risk
Integration depthHigh
-10 risk
SegmentEnterprise
-8 risk
IndustryOther
neutral
Own AI integration3/5
-1.6 risk

Company overview

GitLab provides a single application for the entire software development lifecycle. It covers project planning, source code management, CI/CD, security testing, and deployment monitoring. Sid Sijbrandij and Dmitriy Zaporozhets founded it in 2011 in San Francisco. The company runs as one of the world's largest all-remote organizations, with over 2,000 employees and no physical offices.

The One DevSecOps Platform consolidates tools that organizations typically piece together from dozens of separate products. GitLab provides project management with issues and roadmaps, source code management with Git repos and merge requests, CI/CD pipelines, container and package registries, security scanning (SAST, DAST, dependency scanning, container scanning, secret detection), compliance management, and deployment tools.

Three tiers are available: Free (open-source core), Premium (team productivity features), and Ultimate (enterprise security, compliance, and portfolio management). The open-source core drives massive adoption. Over 30 million registered users work on the platform. Premium and Ultimate monetize enterprise needs for advanced CI/CD, security scanning, and governance.

GitLab Duo is the AI assistant suite. It includes Code Suggestions for AI-generated completions, Duo Chat for natural language Q&A about code, vulnerability explanation, merge request summaries, root cause analysis for CI/CD failures, and value stream forecasting. GitLab Duo Enterprise adds more AI capabilities for larger organizations.

The company targets software teams of all sizes, with particular strength among enterprises wanting to consolidate their DevOps toolchains. Product-led growth starts with the free tier and expands as organizations adopt more GitLab features, replacing point solutions along the way.

Annual revenue is roughly $1.1 billion with gross margins around 86%. Revenue is subscription-based with annual contracts. Net revenue retention exceeds 116%. The company has made solid progress toward operating profitability.

The key differentiator is the single-platform architecture. GitHub, owned by Microsoft, dominates code hosting. But GitLab offers a more complete integrated solution with native CI/CD and security scanning built in. No third-party integrations needed. That means less context switching, simpler administration, and unified metrics for software development.

With its transparent, all-remote culture and a platform covering the complete DevSecOps lifecycle, GitLab is the open-core alternative for organizations wanting comprehensive developer platform consolidation.

Entity information

Industry7372: Services-Prepackaged Software
Fiscal YearJan 31
IncorporatedDelaware
Phone(650) 474-5175
Address268 BUSH STREET, #350, SAN FRANCISCO, CA, 94104
Mailing address268 BUSH STREET, #350, SAN FRANCISCO, CA, 94104
EIN47-1861035
Entity typeoperating
SEC industry framework06 Technology

SaaS KPIs

Reported in at least 3 quarters

Dollar-Based Net Retention Rate

20 quarters
117%
Q2 FY2027+0.0pp

Customers with more than $100,000 of ARR

16 quarters
1,405
Q3 FY2026+4.5%

Customers with more than $5,000 of ARR

14 quarters
10.5K
Q3 FY2026+1.3%

Non-GAAP Gross Margin

11 quarters
86%
Q2 FY2027-4.0pp

Non-GAAP Operating Margin

11 quarters
15%
Q2 FY2027-3.0pp

Total RPO

10 quarters
$1.20B
Q2 FY2027+9.1%

Management outlook

Given with Q2 FY2027 results (Jul 2026)
ReportedGuidance

Guided revenue, Q3 FY2027$281.0M – $283.0M
Midpoint$282.0M
Growth vs Q2 FY2027-1.5%
Growth vs Q3 FY2026+15.4%
Q3 FY 2027
Non-GAAP operating income$35 - $37
Non-GAAP diluted net income per share$0.19 - $0.20
FY 2027
Revenue$1,129 - $1,133
Non-GAAP operating income$148 - $152
Non-GAAP diluted net income per share$0.85 - $0.87

Quarterly financials

Left axis in $ (Revenue, Gross profit, Net income, S&M); right axis for ratios (Rule of 40, Magic number). Click a legend item to toggle it.

Recent news

More news →