Similar companies
| Company | Revenue | |
|---|---|---|
 |
ZoomZM |
1.18B 1.3% |
 |
DocusignDOCU |
755M 2.6% |
 |
WorkdayWDAY |
2.16B 3.7% |
 |
IntuitINTU |
3.28B 2.2% |
 |
AutodeskADSK |
1.57B 4.3% |
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 196M | 7.4% |
| Gross Profit | 174M | 7.9% |
| Cost of Revenue | 22M | 3.5% |
| Operating expense | 203M | 0.2% |
| Net Income | 30M | 128.3% |
| EBITDA | -26M | 32.2% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.25B | 9% |
| Total Liabilities | 482M | 29.9% |
| Total Equity | 725M | 12.7% |
| Shares Outstanding | 161M | 1% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | -177M | 1613.4% |
| Cash from investing | -93M | 1697.3% |
| Cash from financing | 2.9M | 77.4% |
EPS
Financial Highlights for GitLab in Q4 '24
GitLab reported a revenue of 196M, which is a 7.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 174M, marking a 7.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 22M, a 3.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 203M, showing a 0.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 30M, showing a 128.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -26M, showing a 32.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for GitLab with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
