GitLab Inc
NASDAQ:GTLB
Income Statement
Earnings Waterfall
GitLab Inc
Revenue
|
579.9m
USD
|
Cost of Revenue
|
-59.7m
USD
|
Gross Profit
|
520.2m
USD
|
Operating Expenses
|
-711.9m
USD
|
Operating Income
|
-191.7m
USD
|
Other Expenses
|
-232.4m
USD
|
Net Income
|
-424.2m
USD
|
Income Statement
GitLab Inc
Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
152
N/A
|
173
+13%
|
196
+14%
|
221
+13%
|
253
+14%
|
290
+15%
|
333
+15%
|
379
+14%
|
424
+12%
|
464
+9%
|
502
+8%
|
539
+7%
|
580
+8%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(19)
|
(21)
|
(24)
|
(27)
|
(30)
|
(33)
|
(39)
|
(47)
|
(52)
|
(55)
|
(57)
|
(57)
|
(60)
|
|
Gross Profit |
134
N/A
|
152
+13%
|
172
+13%
|
194
+13%
|
223
+15%
|
257
+15%
|
294
+14%
|
333
+13%
|
373
+12%
|
409
+10%
|
445
+9%
|
482
+8%
|
520
+8%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(348)
|
(360)
|
(381)
|
(411)
|
(352)
|
(403)
|
(475)
|
(538)
|
(584)
|
(628)
|
(653)
|
(672)
|
(712)
|
|
Selling, General & Administrative |
(241)
|
(250)
|
(269)
|
(294)
|
(254)
|
(295)
|
(351)
|
(397)
|
(430)
|
(455)
|
(471)
|
(483)
|
(509)
|
|
Research & Development |
(107)
|
(109)
|
(112)
|
(117)
|
(97)
|
(108)
|
(125)
|
(141)
|
(156)
|
(173)
|
(182)
|
(190)
|
(203)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
|
Operating Income |
(214)
N/A
|
(208)
+3%
|
(209)
0%
|
(217)
-4%
|
(129)
+40%
|
(146)
-13%
|
(181)
-24%
|
(206)
-14%
|
(211)
-3%
|
(219)
-4%
|
(208)
+5%
|
(191)
+8%
|
(192)
0%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
25
|
0
|
0
|
(10)
|
(28)
|
(17)
|
(14)
|
3
|
16
|
22
|
25
|
29
|
32
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
18
|
18
|
18
|
18
|
(8)
|
(8)
|
(8)
|
(5)
|
|
Total Other Income |
0
|
25
|
(5)
|
(2)
|
(2)
|
(11)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
|
Pre-Tax Income |
(189)
N/A
|
(183)
+4%
|
(214)
-17%
|
(228)
-7%
|
(159)
+30%
|
(156)
+2%
|
(178)
-14%
|
(186)
-4%
|
(178)
+4%
|
(205)
-15%
|
(191)
+7%
|
(170)
+11%
|
(164)
+3%
|
|
Net Income | ||||||||||||||
Tax Provision |
(3)
|
(4)
|
(4)
|
(3)
|
2
|
0
|
1
|
0
|
(3)
|
(2)
|
(6)
|
(263)
|
(264)
|
|
Income from Continuing Operations |
(192)
|
(186)
|
(218)
|
(231)
|
(158)
|
(156)
|
(177)
|
(185)
|
(181)
|
(207)
|
(197)
|
(433)
|
(428)
|
|
Income to Minority Interest |
0
|
0
|
1
|
1
|
2
|
3
|
5
|
6
|
8
|
8
|
7
|
6
|
4
|
|
Net Income (Common) |
(192)
N/A
|
(186)
+3%
|
(217)
-17%
|
(229)
-6%
|
(155)
+32%
|
(153)
+1%
|
(172)
-12%
|
(179)
-4%
|
(172)
+4%
|
(199)
-15%
|
(190)
+4%
|
(426)
-125%
|
(424)
+1%
|
|
EPS (Diluted) |
-1.34
N/A
|
-1.31
+2%
|
-1.52
-16%
|
-3.42
-125%
|
-1.95
+43%
|
-1.04
+47%
|
-1.16
-12%
|
-1.22
-5%
|
-1.16
+5%
|
-1.3
-12%
|
-1.23
+5%
|
-2.74
-123%
|
-2.75
0%
|