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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2025
Jan. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents [1] $ 227,649 $ 287,996
Short-term investments [1] 764,728 748,289
Accounts receivable, net of allowance for doubtful accounts of $991 and $673 as of January 31, 2025 and January 31, 2024, respectively [1] 264,565 166,731
Deferred contract acquisition costs, current [1] 38,964 32,300
Prepaid expenses and other current assets [1] 40,411 49,143
Total current assets [1] 1,336,317 1,284,459
Property and equipment, net [1] 4,013 2,954
Operating lease right-of-use assets 381 [1] 405
Goodwill [1] 16,139 8,145
Intangible assets, net [1] 17,834 1,733
Deferred contract acquisition costs, non-current [1] 20,142 19,317
Other non-current assets [1] 4,437 4,390
TOTAL ASSETS [1] 1,399,263 1,321,403
CURRENT LIABILITIES:    
Accounts payable [1] 7,519 1,738
Accrued expenses and other current liabilities [1] 54,680 301,262
Accrued compensation and benefits [1] 40,233 35,809
Deferred revenue, current [1] 442,599 338,348
Total current liabilities [1] 545,031 677,157
Deferred revenue, non-current [1] 26,369 23,794
Other non-current liabilities [1] 6,557 14,060
TOTAL LIABILITIES [1] 577,957 715,011
Commitments and contingencies (Note 14) [1]
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0000025 par value; 50,000 shares authorized as of January 31, 2025 and January 31, 2024; no shares issued and outstanding as of January 31, 2025 and January 31, 2024 [1] 0 0
Additional paid-in capital [1] 1,952,031 1,718,661
Accumulated deficit [1] (1,167,614) (1,161,288)
Accumulated other comprehensive income (loss) [1] (8,508) 2,398
Total GitLab stockholders’ equity [1] 775,909 559,771
Noncontrolling interests [1] 45,397 46,621
TOTAL STOCKHOLDERS’ EQUITY [1] 821,306 606,392
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY [1] 1,399,263 1,321,403
Class A Common Stock    
STOCKHOLDERS’ EQUITY:    
Common stock, value, issued [1] 0 0
Class B Common Stock    
STOCKHOLDERS’ EQUITY:    
Common stock, value, issued [1] $ 0 $ 0
[1]
(1) As of January 31, 2025 and January 31, 2024, the consolidated balance sheet includes assets of the consolidated variable interest entity, GitLab Information Technology (Hubei) Co., LTD (“JiHu”), of $46.5 million and $51.2 million, respectively, and liabilities of $10.3 million and $10.1 million respectively. The assets of JiHu can be used only to settle obligations of JiHu and creditors of JiHu do not have recourse against the general credit of the Company. Refer to “Note 11. Joint Venture and Equity Method Investment” for further discussion.