Added to YB: 2026-09-04
Pitch date: 2026-09-02
GTLB [neutral]
GitLab Inc.
-1.34%
current return
Author Info
No bio for this author
Company Info
GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific.
Market Cap
$7.5B
Pitch Price
$49.98
Price Target
N/A
Dividend
N/A
EV/EBITDA
-106.58
P/E
-144.48
EV/Sales
6.00
Sector
Software
Category
growth
Razor's Edge: $GTLB
GTLB (earnings): GitLab delivered its strongest operational quarter versus consensus of the Bill Staples era, led by the core Ultimate/governance thesis rather than direct AI consumption: revenue rose 21% to $286.3M, billings growth accelerated to 24%, and Ultimate ARR grew 35% to 59% of ARR. However, subscription COGS rose 76%, gross margin fell 400 basis points, and Flex commitments may obscure retention and organic consumption trends.
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