GTLB Q4 2023 Earnings — GitLab Inc. Revenue & Financial Results | Market Cap Arena

GTLBGitLab Inc.

$4B

Q4 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$123M+58.0% YoY

Gross Profit

$109M88.4% margin

Operating Income

-$48M-39.1% margin

Net Income

-$39M-31.5% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$13M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$344M

Stockholders' Equity

$771M

Cash & Equivalents

$295M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$123M	$78M	+58.0%
Gross Profit	$109M	$69M	+58.4%
Operating Income	-$48M	-$40M	-19.8%
Net Income	-$39M	-$46M	+15.4%

Revenue Segments

Subscription and Circulation

$76M62%

Subscription, Software As A Service

$29M24%

License

$15M13%

Professional Services and Other

$2M2%

Geographic Segments

UNITED STATES

$102M83%

Europe

$19M15%

Asia Pacific

$3M2%