GitLab Inc.

GitLab Inc.verified

GTLB

Price:

$59.83

Market Cap:

$9.71B

GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle. It helps organizations to plan, build, secure, and deploy software to drive business outcomes. The company also provides related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. The company was founded in 2011 and is headquartered in San Francisco, California.[Read more]

Industry

Software - Application

IPO Date

2021-10-14

Stock Exchange

NASDAQ

Ticker

GTLB

The Current Ratio as of December 2024 (TTM) for GitLab Inc. (GTLB) is 2.57

According to GitLab Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.57. This represents a change of 24.44% compared to the average of 2.06 of the last 4 quarters.

GitLab Inc. (GTLB) Historical Current Ratio (quarterly & annually)

How has GTLB Current Ratio performed in the past?

The mean historical Current Ratio of GitLab Inc. over the last ten years is 3.52. The current 2.57 Current Ratio has changed 7.18% with respect to the historical average. Over the past ten years (40 quarters), GTLB's Current Ratio was at its highest in in the October 2021 quarter at 5.66. The Current Ratio was at its lowest in in the April 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

3.52

Median

3.65

Minimum

1.93

Maximum

4.94

GitLab Inc. (GTLB) Current Ratio by Quarter and Year

Discovering the peaks and valleys of GitLab Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 58.89%

Maximum Annual Current Ratio = 4.94

Minimum Annual Increase = -46.99%

Minimum Annual Current Ratio = 1.93

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.93-46.99%
20233.65-16.16%
20224.3558.89%
20212.74-44.56%

GitLab Inc. (GTLB) Average Current Ratio

How has GTLB Current Ratio performed in the past?

The current Current Ratio of GitLab Inc. (GTLB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.31

5-year avg

3.52

10-year avg

3.52

GitLab Inc. (GTLB) Current Ratio vs. Peers

How is GTLB’s Current Ratio compared to its peers?

GitLab Inc.’s Current Ratio is greater than Bill.com Holdings, Inc. (1.53), greater than Datadog, Inc. (2.13), greater than Asana, Inc. (1.49), greater than Atlassian Corporation (1.18), greater than The Trade Desk, Inc. (1.85), greater than ServiceNow, Inc. (1.13), greater than Snowflake Inc. (1.88), greater than Unity Software Inc. (2.41), less than monday.com Ltd. (2.67), greater than ZoomInfo Technologies Inc. (0.63), greater than HubSpot, Inc. (1.64), greater than DocuSign, Inc. (0.83), greater than Workday, Inc. (2.05),

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