GTLB Q3 2024 Earnings — GitLab Inc. Revenue & Financial Results | Market Cap Arena

GTLBGitLab Inc.

$4B

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$150M+32.5% YoY

Gross Profit

$135M89.9% margin

Operating Income

-$40M-26.9% margin

Net Income

-$285M-190.5% margin

EPS (Diluted)

$-1.84

QoQ Revenue Growth

+7.2%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$7M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$634M

Stockholders' Equity

$547M

Cash & Equivalents

$285M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$150M	$113M	+32.5%
Gross Profit	$135M	$98M	+36.7%
Operating Income	-$40M	-$55M	+26.6%
Net Income	-$285M	-$48M	-488.5%

Revenue Segments

Subscription and Circulation

$92M61%

Subscription, Software As A Service

$39M26%

License

$16M11%

Professional Services and Other

$3M2%

Geographic Segments

UNITED STATES

$122M82%

Europe

$24M16%

Asia Pacific

$4M2%