Gitlab Inc (GTLB) - Net Assets
Based on the latest financial reports, Gitlab Inc (GTLB) has net assets worth $1.04 Billion USD as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.72 Billion) and total liabilities ($686.50 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Gitlab Inc (GTLB) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.04 Billion |
| % of Total Assets | 60.15% |
| Annual Growth Rate | N/A |
| 5-Year Change | 29.65% |
| 10-Year Change | N/A |
| Growth Volatility | 23.9 |
Gitlab Inc - Net Assets Trend (2020–2026)
This chart illustrates how Gitlab Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Gitlab Inc for the complete picture of this company's asset base.
Annual Net Assets for Gitlab Inc (2020–2026)
The table below shows the annual net assets of Gitlab Inc from 2020 to 2026. For live valuation and market cap data, see GTLB market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | $1.04 Billion | +26.17% |
| 2025-01-31 | $821.31 Million | +35.44% |
| 2024-01-31 | $606.39 Million | -26.47% |
| 2023-01-31 | $824.73 Million | +3.18% |
| 2022-01-31 | $799.27 Million | +445.67% |
| 2021-01-31 | $-231.22 Million | -71.60% |
| 2020-01-31 | $-134.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gitlab Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 101756500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $6.88 Million | 0.69% |
| Other Components | $2.21 Billion | 222.82% |
| Total Equity | $990.67 Million | 100.00% |
Gitlab Inc Competitors by Market Cap
The table below lists competitors of Gitlab Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Garden Reach Shipbuilders & Engineers Limited
NSE:GRSE
|
$3.63 Billion |
|
Jiamei Food Packaging Chuzhou Co
SHE:002969
|
$3.63 Billion |
|
UCO Bank
NSE:UCOBANK
|
$3.63 Billion |
|
Benefit Systems SA
WAR:BFT
|
$3.63 Billion |
|
Enova International Inc
NYSE:ENVA
|
$3.63 Billion |
|
Rubis SCA
PA:RUI
|
$3.63 Billion |
|
Baytex Energy Corp
TO:BTE
|
$3.63 Billion |
|
Oceaneering International Inc
NYSE:OII
|
$3.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gitlab Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 775,909,000 to 990,668,000, a change of 214,759,000 (27.7%).
- Net loss of 55,959,000 reduced equity.
- Share repurchases of 13,975,000 reduced equity.
- Other comprehensive income increased equity by 15,385,000.
- Other factors increased equity by 269,308,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-55.96 Million | -5.65% |
| Share Repurchases | $13.97 Million | -1.41% |
| Other Comprehensive Income | $15.38 Million | +1.55% |
| Other Changes | $269.31 Million | +27.18% |
| Total Change | $- | 27.68% |
Book Value vs Market Value Analysis
This analysis compares Gitlab Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-01-31 | $-1.02 | $24.05 | x |
| 2021-01-31 | $-1.75 | $24.05 | x |
| 2022-01-31 | $5.35 | $24.05 | x |
| 2023-01-31 | $5.20 | $24.05 | x |
| 2024-01-31 | $3.63 | $24.05 | x |
| 2025-01-31 | $4.83 | $24.05 | x |
| 2026-01-31 | $5.98 | $24.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gitlab Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.85%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.74x
- Recent ROE (-5.65%) is above the historical average (-17.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -160.96% | 0.21x | 0.00x | $-117.27 Million |
| 2021 | 0.00% | -126.30% | 0.42x | 0.00x | $-169.07 Million |
| 2022 | -20.02% | -61.40% | 0.23x | 1.41x | $-232.62 Million |
| 2023 | -22.49% | -40.87% | 0.36x | 1.52x | $-250.51 Million |
| 2024 | -76.04% | -73.40% | 0.44x | 2.36x | $-481.65 Million |
| 2025 | -0.82% | -0.83% | 0.54x | 1.80x | $-83.92 Million |
| 2026 | -5.65% | -5.85% | 0.56x | 1.74x | $-155.03 Million |
Industry Comparison
This section compares Gitlab Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $569,632,955
- Average return on equity (ROE) among peers: -7638.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gitlab Inc (GTLB) | $1.04 Billion | 0.00% | 0.66x | $3.63 Billion |
| ACI Worldwide Inc (ACIW) | $122.87 Million | 11.66% | 1.15x | $4.34 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $228.44 Million | -65.37% | 0.13x | $821.47 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $25.09K | -76047.36% | 3.26x | $906.22 Million |
| Axe Compute Inc. (AGPU) | $-2.19 Million | 0.00% | 0.00x | $24.93 Million |
| C3 Ai Inc (AI) | $1.06 Billion | -5.25% | 0.13x | $1.26 Billion |
| iLearningEngines, Inc. (AILE) | $22.26 Million | -19.80% | 1.11x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $27.25 Million | -42.47% | 0.93x | $437.32 Million |
| Airship AI Holdings Inc (AISP) | $-17.49 Million | 0.00% | 0.00x | $83.39 Million |
| AIxCrypto Holdings, Inc. (AIXC) | $2.68 Million | -233.64% | 0.75x | $5.68 Million |
| Akamai Technologies Inc (AKAM) | $4.25 Billion | 13.10% | 0.83x | $15.05 Billion |
About Gitlab Inc
GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company provides GitLab, an intelligent orchestration platform for DevSecOps, which is a single application offering the entire software development lifecycle, including software, project plans, code, security scans, compliance checks, and d… Read more