GTLB Q2 2023 Earnings — GitLab Inc. Revenue & Financial Results | Market Cap Arena

GTLBGitLab Inc.

$4B

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$101M+73.8% YoY

Gross Profit

$88M87.1% margin

Operating Income

-$65M-64.6% margin

Net Income

-$59M-58.4% margin

EPS (Diluted)

$-0.40

QoQ Revenue Growth

+15.6%

Cash Flow

Operating Cash Flow

-$36M

Free Cash Flow

-$38M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$285M

Stockholders' Equity

$778M

Cash & Equivalents

$411M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$101M	$58M	+73.8%
Gross Profit	$88M	$51M	+72.8%
Operating Income	-$65M	-$30M	-118.9%
Net Income	-$59M	-$40M	-46.9%

Revenue Segments

Subscription and Circulation

$67M66%

Subscription, Software As A Service

$22M22%

License

$10M10%

Professional Services and Other

$2M2%

Geographic Segments

UNITED STATES

$84M83%

Europe

$15M15%

Asia Pacific

$2M2%