GitLab (MEX:GTLB) Tax Provision: MXN-179 Mil (TTM As of Apr. 2026)

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MEX:GTLB GitLab Inc MEX:GTLB
54 GF Score
Price MXN596.29
GF Value MXN1,405.44
Valuation Significantly Undervalued
! 1 Warning Sign
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What is GitLab Tax Provision?

GitLab MEX:GTLB 54 Tax Provision is MXN-179 Mil as of Apr. 2026. GuruFocus rates MEX:GTLB with a GF Score™ of 54/100 and a GF Value™ of MXN1,405.44 (Significantly Undervalued). The stock has 1 warning sign investors should review.

GitLab's tax provision for the three months ended in Apr. 2026 was MXN-36 Mil. Its tax provision for the trailing twelve months (TTM) ended in Apr. 2026 was MXN-179 Mil.

GitLab Tax Provision Historical Data

* Premium members only.

The historical data trend for GitLab's Tax Provision 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 Tax Provision Chart

GitLab Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Tax Provision
Get a 7-Day Free Trial 31.18 -75.76 -4,554.18 1,581.71 -182.15

GitLab Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Tax Provision 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 -49.74 -42.20 -33.59 -67.73 -35.59
MEX:GTLB
54GF Score
GitLab Inc MEX:GTLB
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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GitLab Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-179 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of MXN-179 Mil mean?
GitLab (MEX:GTLB) has a Tax Provision of MXN-179 Mil as of Apr. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on GitLab and its competitors.
Is GitLab's Tax Provision too high?
GitLab's current Tax Provision is MXN-179 Mil. Overall, GitLab has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GitLab's Tax Provision compare to ACIW and WEX?
GitLab's Tax Provision of MXN-179 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 Tax Provision for a Software company?
A good Tax Provision depends on the Software industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on GitLab and its competitors. GitLab's current Tax Provision is MXN-179 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 Significantly Undervalued. The stock's GF Value™ is MXN1,405.44, compared to a current price of MXN596.29 — trading 57.6% below its estimated fair value. The current Tax Provision is MXN-179 Mil. GitLab's overall GF Score™ is 54/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For GitLab (MEX:GTLB), the current Tax Provision is MXN-179 Mil 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 (MEX:GTLB) Overvalued in 2026?

Based on GuruFocus' analysis, GitLab stock appears to be undervalued. The current stock price of MXN596.29 is trading 57.6% below its estimated GF Value™ of MXN1,405.44. GuruFocus considers GitLab to be Significantly Undervalued.

Key valuation signals for MEX:GTLB:

  • Tax Provision: MXN-179 Mil
  • GF Value™: MXN1,405.44 vs. price of MXN596.29 (57.6% below fair value)
  • GF Score™: 54/100 with 1 warning sign

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.
54GF Score

Get the complete analysis for MEX:GTLB

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

MXN596.29
Price
MXN1,405.44
GF Value