GitLabFRA:8K2 +6.47%73 Net Margin % is -1.88% as of Apr. 2026. GuruFocus rates FRA:8K2 with a GF Score™ of 73/100 and a GF Value™ of €67.58 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,827 Software companies, GitLab ranks worse than 63.28% on this metric.
Net margin is calculated as Net Income divided by its Revenue. GitLab's Net Income for the
three
months ended in Apr. 2026 was €-4.3 Mil. GitLab's Revenue for the
three
months ended in Apr. 2026 was €225.9 Mil. Therefore, GitLab's net margin for the quarter that ended in Apr. 2026 was -1.88%.
The historical rank and industry rank for GitLab's Net Margin % or its related term are showing as below:
FRA:8K2'
s Net Margin % Range Over the Past 10 Years
Min: -160.96 Med: -61.4 Max: -0.83
Current: -2.49
FRA:8K2's Net Margin % is ranked worse than 63.28% of 2827
companies
in the Software industry
Industry Median: 2.54
vs FRA:8K2: -2.49
GitLab (FRA:8K2) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
GitLab Net Margin % Related Terms
GitLab Net Margin % Historical Data
* Premium members only.
The historical data trend for GitLab's Net Margin % 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.
FRA:8K2 vs BLSH, WEX, NTSK: Net Margin % Comparison
For the Software - Infrastructure subindustry, GitLab's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
GitLab Net Margin % vs Software Industry
For the Software industry and Technology sector, GitLab's Net Margin % distribution charts can be found below:
* The bar in red indicates where GitLab's Net Margin % falls into.
* 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 (FRA:8K2) has a Net Margin % of -1.88% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on GitLab and its competitors. According to the industry distribution chart, GitLab ranks #1789 out of 2827 companies in the Software industry, placing it in the top 63.3%.
Is GitLab's Net Margin % too high?
GitLab's current Net Margin % is -1.88%. Based on the distribution chart, GitLab ranks #1789 out of 2827 companies in the Software industry, which is below the industry midpoint. Overall, GitLab has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GitLab's Net Margin % compare to BLSH and WEX?
According to the Software industry distribution chart, GitLab ranks #1789 out of 2827 companies for Net Margin %. This places GitLab in the lower half of its industry. The industry median Net Margin % is 2.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,827 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on GitLab and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GitLab's current Net Margin % is -1.88%. 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 (FRA:8K2) is currently considered Significantly Undervalued. The stock's GF Value™ is €67.58, compared to a current price of €24.28 — trading 64.1% below its estimated fair value. The current Net Margin % is -1.88%. GitLab's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For GitLab (FRA:8K2), the current Net Margin % is -1.88% as of Apr. 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 (FRA:8K2) Overvalued in 2026?
Based on GuruFocus' analysis, GitLab stock appears to be undervalued.
The current stock price of €24.28 is trading 64.1% below its estimated GF Value™ of €67.58.
GuruFocus considers GitLab to be Significantly Undervalued.
Key valuation signals for FRA:8K2:
Net Margin %: -1.88%
GF Value™: €67.58 vs. price of €24.28 (64.1% below fair value)
No single metric tells the full story. See the FRA:8K2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
73GF Score
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