GitLab (MEX:GTLB) Total Assets: MXN29,874 Mil (As of Apr. 2026)


MEX:GTLB GitLab Inc MEX:GTLB
54 GF Score
Price MXN565.00
GF Value MXN1,351.63
Valuation Significantly Undervalued
! 1 Warning Sign
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What is GitLab Total Assets?

GitLab MEX:GTLB 54 Total Assets is MXN29,874 Mil as of Apr. 2026. GuruFocus rates MEX:GTLB with a GF Score™ of 54/100 and a GF Value™ of MXN1,351.63 (Significantly Undervalued). The stock has 1 warning sign investors should review.

GitLab's Total Assets for the quarter that ended in Apr. 2026 was MXN29,874 Mil.

Warning Sign:

If a company builds assets at 40.3% a year, faster than its revenue growth rate of 31.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, GitLab's average Total Assets Growth Rate was 3.20% per year. During the past 3 years, the average Total Assets Growth Rate was 25.80% per year. During the past 5 years, the average Total Assets Growth Rate was 40.30% per year.

During the past 7 years, GitLab's highest 3-Year average Total Assets Growth Rate was 68.60%. The lowest was 25.80%. And the median was 45.15%.

Total Assets is connected with ROA %. GitLab's annualized ROA % for the quarter that ended in Apr. 2026 was -1.17%. Total Assets is also linked to Revenue through Asset Turnover. GitLab's Asset Turnover for the quarter that ended in Apr. 2026 was 0.15.


GitLab  (MEX:GTLB) Total Assets Explanation

Total Assets is connected with ROA %.

GitLab's annualized ROA % for the quarter that ended in Apr. 2026 is

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=-348.36/( (29888.455+29874.287)/ 2 )
=-348.36/29881.371
=-1.17 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

GitLab's Asset Turnover for the quarter that ended in Apr. 2026 is

Asset Turnover
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=4627.018/( (29888.455+29874.287)/ 2 )
=4627.018/29881.371
=0.15

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

GitLab Total Assets Related Terms


GitLab Total Assets Historical Data

* Premium members only.

The historical data trend for GitLab's Total Assets 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 Total Assets Chart

GitLab Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Total Assets
Get a 7-Day Free Trial 22,524.01 21,978.62 22,696.68 28,865.40 29,888.46

GitLab Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Total Assets 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 28,250.60 28,161.42 29,133.57 29,888.46 29,874.29
MEX:GTLB
54GF Score
GitLab Inc MEX:GTLB
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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GitLab Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

GitLab's Total Assets for the fiscal year that ended in Jan. 2026 is calculated as

Total Assets=Total Equity (A: Jan. 2026 )+Total Liabilities (A: Jan. 2026 )
=17978.177+11910.277
=29,888

GitLab's Total Assets for the quarter that ended in Apr. 2026 is calculated as

Total Assets=Total Equity (Q: Apr. 2026 )+Total Liabilities (Q: Apr. 2026 )
=18065.86+11808.426
=29,874

* 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 Total Assets →
What does a Total Assets of MXN29,874 Mil mean?
GitLab (MEX:GTLB) has a Total Assets of MXN29,874 Mil as of Apr. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on GitLab and its competitors.
Is GitLab's Total Assets too high?
GitLab's current Total Assets is MXN29,874 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 Total Assets compare to ACIW and WEX?
GitLab's Total Assets of MXN29,874 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 Total Assets for a Software company?
A good Total Assets depends on the Software industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on GitLab and its competitors. GitLab's current Total Assets is MXN29,874 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 MXN1,351.63, compared to a current price of MXN565.00 — trading 58.2% below its estimated fair value. The current Total Assets is MXN29,874 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For GitLab (MEX:GTLB), the current Total Assets is MXN29,874 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 MXN565.00 is trading 58.2% below its estimated GF Value™ of MXN1,351.63. GuruFocus considers GitLab to be Significantly Undervalued.

Key valuation signals for MEX:GTLB:

  • Total Assets: MXN29,874 Mil
  • GF Value™: MXN1,351.63 vs. price of MXN565.00 (58.2% 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

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

MXN565.00
Price
MXN1,351.63
GF Value