Gitlab Inc.

For the period ended Apr 30, 2025. Filed Jun 11, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Apr 30, 2025 · Filed Jun 11, 2025

GTLB$47.12-2.0%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except per share data)

	Three Months Ended April 30,
	2025	2024
Revenue:
Subscription—self-managed and SaaS	$194,481	$151,179
License—self-managed and other	20,028	18,008
Total revenue	214,509	169,187
Cost of revenue:
Subscription—self-managed and SaaS	19,268	13,839
License—self-managed and other	5,767	4,937
Total cost of revenue	25,035	18,776
Gross profit	189,474	150,411
Operating expenses:
Sales and marketing	107,587	92,424
Research and development	65,410	54,140
General and administrative	51,087	57,487
Total operating expenses	224,084	204,051
Loss from operations	(34,610)	(53,640)
Interest income	10,862	12,030
Other expense, net	(9,971)	(889)
Loss before income taxes	(33,719)	(42,499)
Provision for income taxes	2,539	12,977
Net loss	$(36,258)	$(55,476)
Net loss attributable to noncontrolling interest	(383)	(243)
Net loss attributable to GitLab	$(35,875)	$(55,233)
Net loss per share attributable to GitLab Class A and Class B common stockholders, basic and diluted:	$(0.22)	$(0.35)
Weighted-average shares used to compute net loss per share attributable to GitLab Class A and Class B common stockholders, basic and diluted:	164,491	158,157

ContentsView on SEC.gov

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