GTLBGitLab Inc.

$4B

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$87M+75.1% YoY

Gross Profit

$78M88.7% margin

Operating Income

-$43M-49.0% margin

Net Income

-$26M-29.9% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+12.4%

Cash Flow

Operating Cash Flow

-$28M

Free Cash Flow

-$30M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$281M

Stockholders' Equity

$782M

Cash & Equivalents

$887M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$87M	$50M	+75.1%
Gross Profit	$78M	$44M	+78.3%
Operating Income	-$43M	-$26M	-64.7%
Net Income	-$26M	-$28M	+6.6%

Revenue Segments

Subscription and Circulation

$60M68%

Subscription, Software As A Service

$17M20%

License

$9M10%

Professional Services and Other

$2M2%

Geographic Segments

UNITED STATES

$72M83%

Europe

$13M15%

Asia Pacific

$2M2%

GTLB Q1 2023 Earnings — GitLab Inc. Revenue & Financial Results | Market Cap Arena