GitLab (MEX:GTLB) Current Accrued Expense: MXN894 Mil (As of Jul. 2026)

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MEX:GTLB GitLab Inc MEX:GTLB
59 GF Score
Price MXN763.00
GF Value MXN1,067.65
Valuation Modestly Undervalued
! 3 Warning Signs
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What is GitLab Current Accrued Expense?

GitLab MEX:GTLB 59 Current Accrued Expense is MXN894 Mil as of Jul. 2026. GuruFocus rates MEX:GTLB with a GF Score™ of 59/100 and a GF Value™ of MXN1,067.65 (Modestly Undervalued). The stock has 3 warning signs investors should review.

GitLab's Current Accrued Expense for the quarter that ended in Jul. 2026 was MXN894 Mil.

GitLab's quarterly Current Accrued Expense increased from Jan. 2026 (MXN569 Mil) to Apr. 2026 (MXN1,273 Mil) but then declined from Apr. 2026 (MXN1,273 Mil) to Jul. 2026 (MXN894 Mil).

GitLab's annual Current Accrued Expense increased from Jan. 2024 (MXN419 Mil) to Jan. 2025 (MXN615 Mil) but then declined from Jan. 2025 (MXN615 Mil) to Jan. 2026 (MXN569 Mil).

GitLab Current Accrued Expense Historical Data

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The historical data trend for GitLab's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GitLab Current Accrued Expense Chart

GitLab Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Current Accrued Expense
Get a 7-Day Free Trial 240.09 365.83 419.46 615.36 569.25

GitLab Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 983.82 1,083.23 569.25 1,273.07 893.55
MEX:GTLB
59GF Score
GitLab Inc MEX:GTLB
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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GitLab Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of MXN894 Mil mean?
GitLab (MEX:GTLB) has a Current Accrued Expense of MXN894 Mil as of Jul. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on GitLab and its competitors.
Is GitLab's Current Accrued Expense too high?
GitLab's current Current Accrued Expense is MXN894 Mil. Overall, GitLab has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GitLab's Current Accrued Expense compare to ZETA and DBX?
GitLab's Current Accrued Expense of MXN894 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Software company?
A good Current Accrued Expense depends on the Software industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on GitLab and its competitors. GitLab's current Current Accrued Expense is MXN894 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GitLab stock overvalued right now?
Based on GuruFocus' analysis, GitLab (MEX:GTLB) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,067.65, compared to a current price of MXN763.00 — trading 28.5% below its estimated fair value. The current Current Accrued Expense is MXN894 Mil. GitLab's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For GitLab (MEX:GTLB), the current Current Accrued Expense is MXN894 Mil as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GitLab (MEX:GTLB) Overvalued in 2026?

Based on GuruFocus' analysis, GitLab stock appears to be undervalued. The current stock price of MXN763.00 is trading 28.5% below its estimated GF Value™ of MXN1,067.65. GuruFocus considers GitLab to be Modestly Undervalued.

Key valuation signals for MEX:GTLB:

  • Current Accrued Expense: MXN894 Mil
  • GF Value™: MXN1,067.65 vs. price of MXN763.00 (28.5% below fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the MEX:GTLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

GitLab Business Description

Address 268 Bush Street, Suite 350, San Francisco, CA, USA, 94104-3503
GitLab Inc operates on an all-remote model. GitLab is a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation, following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, & the Asia Pacific. It focused on accelerating innovation & broadening the distribution of its platform to companies across the world.
59GF Score

Get the complete analysis for MEX:GTLB

Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN763.00
Price
MXN1,067.65
GF Value