XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Jul. 31, 2024
Jul. 31, 2023
Revenue $ 182,584 $ 139,581 $ 351,771 $ 266,459
Cost of revenue 21,370 14,696 40,146 28,635
Gross profit 161,214 124,885 311,625 237,824
Operating expenses:        
Sales and marketing 97,778 92,116 190,202 178,653
Research and development 61,273 49,007 115,413 99,394
General and administrative 43,168 37,819 100,655 72,067
Total operating expenses 202,219 178,942 406,270 350,114
Loss from operations (41,005) (54,057) (94,645) (112,290)
Interest income 12,827 9,112 24,857 16,427
Other income (expense), net 1,032 (1,330) 465 (1,077)
Loss before income taxes and loss from equity method investment (27,146) (46,275) (69,323) (96,940)
Loss from equity method investment, net of tax 0 (917) 0 (1,665)
Provision for (benefit from) income taxes (39,420) 4,016 (26,710) 5,502
Net income (loss) 12,274 (51,208) (42,613) (104,107)
Net loss attributable to noncontrolling interest (675) (1,128) (918) (1,558)
Net income (loss) attributable to GitLab $ 12,949 $ (50,080) $ (41,695) $ (102,549)
Net income (loss) per share attributable to GitLab Class A and Class B common stockholders:        
Basic (in USD per share) $ 0.08 $ (0.33) $ (0.26) $ (0.67)
Diluted (in USD per share) $ 0.08 $ (0.33) $ (0.26) $ (0.67)
Weighted-average shares used to compute net income (loss) per share attributable to GitLab Class A and Class B common stockholders:        
Basic (in shares) 159,677 153,644 158,973 152,683
Diluted (in shares) 166,346 153,644 158,973 152,683
Subscription—self-managed and SaaS        
Revenue $ 163,181 $ 122,096 $ 314,360 $ 233,287
Cost of revenue 16,630 10,871 30,469 21,762
License—self-managed and other        
Revenue 19,403 17,485 37,411 33,172
Cost of revenue $ 4,740 $ 3,825 $ 9,677 $ 6,873