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GitLab (GitLab) Profitability Rank : 1 (As of Jan. 2024)


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What is GitLab Profitability Rank?

GitLab has the Profitability Rank of 1. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

GitLab's Operating Margin % for the quarter that ended in Jan. 2024 was -21.30%. As of today, GitLab's Piotroski F-Score is 5.


Competitive Comparison of GitLab's Profitability Rank

For the Software - Infrastructure subindustry, GitLab's Profitability Rank, along with its competitors' market caps and Profitability Rank 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's Profitability Rank Distribution in the Software Industry

For the Software industry and Technology sector, GitLab's Profitability Rank distribution charts can be found below:

* The bar in red indicates where GitLab's Profitability Rank falls into.



GitLab Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

GitLab has the Profitability Rank of 1. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

GitLab's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=-34.883 / 163.779
=-21.30 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

GitLab has an F-score of 5 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


GitLab Profitability Rank Related Terms

Thank you for viewing the detailed overview of GitLab's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


GitLab (GitLab) Business Description

Traded in Other Exchanges
Address
268 Bush Street, Suite 350, San Francisco, CA, USA, 94104-3503
GitLab Inc operates on an all-remote model. The company is a technology company whose primary offering is GitLab, a complete DevOps platform delivered as a single application. GitLab is used by a wide range of organizations. The company also provides related training and professional services. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. The principal markets for GitLab are currently located in the United States, Europe, and Asia Pacific. The company is focused on accelerating innovation and broadening the distribution of its platform to companies across the world.
Executives
Robin Schulman officer: Chief Legal Officer & Corp Sec C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Sytse Sijbrandij director, officer: Chief Executive Officer C/O GITLAB, INC., 268 BUSH STREET, #350, SAN FRANCISCO CA 94104
Brian G Robins officer: Chief Financial Officer 21355 RIDGETOP CIRCLE, ATTN: GENERAL COUNSEL, DULLES VA 20166
Erin Mannix officer: Chief Accounting Officer 801 LAKEVIEW DRIVE, BLUE BELL PA 19422
Mark Porter director C/O MONGODB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Susan L Bostrom director
Iconiq Strategic Partners Iv, L.p. 10 percent owner 394 PACIFIC AVENUE, SECOND FLOOR, SAN FRANCISCO CA 94111
Matthew Jacobson director, 10 percent owner C/O DATADOG, INC., 45TH FLOOR, NEW YORK NY 10001
Iconiq Strategic Partners Iii, L.p. 10 percent owner 394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
Christopher Lee Weber officer: Chief Revenue Officer C/O UIPATH, INC., 452 5TH AVENUE, 22ND FLOOR, NEW YORK NY 10018
Michael Eugene Mcbride officer: Chief Revenue Officer C/O GITLAB, INC., 268 BUSH STREET, #350, SAN FRANCISCO CA 94104
Dale R Brown officer: Principal Accounting Officer 1060 E ARQUES AVE, SUNNYVALE CA 94085
Gv 2021 Gp, L.l.c. other: Member of 10% Group 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Divesh Makan 10 percent owner C/O ICONIQ CAPITAL, 394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
Howard Hartenbaum 10 percent owner 2480 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025