Gitlab Inc. (GTLB) intrinsic value & 10-year financials
Gitlab Inc. (GTLB) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 50.8% a year to $955.2M, with an average return on invested capital of 12.1%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $52.76
- Market cap
- $8.8B
- Revenue (FY2026)
- $955.2M
- Revenue growth (8-yr CAGR)
- 50.8%
- ROIC (10-yr avg)
- 12.1%
- Free cash flow (FY2026)
- $222.0M
GTLB 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $955.2M | -$56.0M | -$0.34 | $222.0M | -7.4% | -12.9% |
| FY2025 | $759.2M | -$6.3M | -$0.04 | -$67.7M | -18.8% | -17.2% |
| FY2024 | $579.9M | -$424.2M | -$2.75 | $33.4M | -32.3% | -49.4% |
| FY2023 | $424.3M | -$172.3M | -$1.16 | -$83.5M | -49.8% | -44.4% |
| FY2022 | $252.7M | -$155.1M | -$1.95 | -$53.4M | -51.0% | -47.0% |
| FY2021 | $152.2M | -$192.2M | -$3.82 | -$73.6M | -140.6% | 116.9% |
| FY2020 | $81.2M | -$130.7M | -$2.76 | -$60.2M | -158.0% | 138.6% |
| FY2019 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Gitlab Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Gitlab Inc. returns on capital have been average, hovering around 12.1% ROIC over the decade.
Gitlab Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Gitlab Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-11.29 per share.