GTLB Q3 2023 Earnings — GitLab Inc. Revenue & Financial Results | Market Cap Arena

GTLBGitLab Inc.

$4B

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$113M+69.1% YoY

Gross Profit

$98M87.1% margin

Operating Income

-$55M-48.6% margin

Net Income

-$48M-42.9% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

+11.8%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$3M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$306M

Stockholders' Equity

$764M

Cash & Equivalents

$372M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$113M	$67M	+69.1%
Gross Profit	$98M	$60M	+65.1%
Operating Income	-$55M	-$33M	-68.6%
Net Income	-$48M	-$41M	-17.5%

Revenue Segments

Subscription and Circulation

$73M64%

Subscription, Software As A Service

$26M23%

License

$12M10%

Professional Services and Other

$3M2%

Geographic Segments

UNITED STATES

$95M84%

Europe

$16M14%

Asia Pacific

$2M2%