← Gitlab Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|
| Amortization of intangible assets | $0 | $222k | $665k | $2.4m | $2.2m | $8.1m | $8.1m | |
| Depreciation and amortization | $0 | $0 | $543k | $3.2m | $4.4m | $2.9m | $3.3m | |
| Amortization of deferred contract acquisition costs | $8.0m | $18.5m | $33.4m | $45.0m | $43.5m | $49.7m | $54.9m | |
| Net amortization of premiums or discounts on short-term investments | — | $0 | $0 | ($6.1m) | ($20.3m) | ($16.7m) | ($8.2m) | |
| Impairment of equity method investment | — | — | $0 | $0 | $8.9m | $0 | $0 | |
| Loss from equity method investment | — | $0 | $0 | $3.2m | $3.8m | $0 | $0 | |
| Stock-based compensation expense, net of amounts capitalized | $40.9m | $111.8m | $30.0m | $122.6m | $163.0m | $185.9m | $215.0m | |
| Change in fair value of acquisition related contingent consideration | — | $0 | $0 | ($1.7m) | $0 | $3.8m | $0 | |
| Charitable donation of common stock | — | — | $0 | $0 | $10.7m | $11.8m | $7.1m | |
| Unrealized foreign exchange loss (gain), net | $4.3m | ($24.3m) | $20.4m | ($3.7m) | $4.6m | ($9.5m) | $18.8m | |
| Other non-cash expense, net | $122k | $458k | $197k | $594k | $1.3m | $930k | $998k | |
| Accounts receivable | ($13.5m) | ($14.7m) | ($38.2m) | ($54.2m) | ($36.3m) | ($99.6m) | ($35.7m) | |
| Prepaid expenses and other current assets | ($5.7m) | $677k | ($8.2m) | ($8.9m) | ($23.9m) | $8.4m | ($8.1m) | |
| Deferred contract acquisition costs | ($15.2m) | ($34.1m) | ($42.6m) | ($48.6m) | ($53.1m) | ($58.1m) | ($59.3m) | |
| Other non-current assets | ($1.1m) | $252k | ($3.4m) | $3.0m | ($309k) | ($183k) | $809k | |
| Accounts payable | $914k | $1.5m | $1.9m | $287k | ($3.4m) | $5.5m | $1.6m | |
| Accrued expenses and other current liabilities | $3.4m | $733k | $14.0m | $4.6m | $258.3m | ($253.4m) | $1.2m | |
| Accrued compensation and benefits | $5.8m | $4.6m | $19.8m | ($11.7m) | $15.2m | $4.7m | ($2.1m) | |
| Deferred revenue | $42.0m | $52.4m | $79.1m | $73.0m | $79.3m | $108.7m | $93.3m | |
| Other non-current liabilities | $865k | $659k | $307k | ($2.4m) | $5.2m | ($7.8m) | ($127k) | |
| Additions to property and equipment | $0 | $0 | ($3.5m) | ($6.1m) | ($1.6m) | ($3.8m) | ($10.8m) | |
| Payments for asset acquisition | $0 | ($933k) | $0 | $0 | $0 | ($7.7m) | $0 | |
| Escrow payment related to business combination, after acquisition date | — | — | $0 | $0 | ($2.5m) | $0 | $0 | |
| Payments for taxes related to net share settlement of equity awards | — | — | — | — | $0 | $0 | ($945k) | |
| Settlement of acquisition related contingent cash consideration | — | $0 | $0 | ($3.1m) | $0 | ($4.9m) | $0 | |
| Acquisition measurement period adjustment | — | — | — | $0 | $0 | $310k | $0 | |
| Vesting of early exercised stock options | $671k | $2.8m | $7.2m | $4.7m | $1.2m | $341k | $56k | |
| Unpaid property and equipment in accounts payable and accrued expenses | — | — | — | — | $0 | $247k | ($189k) | |
| Stock-based compensation capitalized as internal-use software cost | — | — | — | — | $0 | $0 | $566k | |
| Net cash provided by (used in) operating activities | ($60.2m) | ($73.6m) | ($49.8m) | ($77.4m) | $35.0m | ($64.0m) | $232.9m | |
| Payments for business combination, net of cash acquired | $0 | $0 | ($323k) | $0 | $0 | ($20.2m) | $0 | |
| Purchases of short-term investments | $0 | $0 | ($100.0m) | ($821.6m) | ($815.7m) | ($707.7m) | ($1.0b) | |
| Proceeds from maturities of short-term investments | $0 | $0 | $50.0m | $231.6m | $734.0m | $708.4m | $753.7m | |
| Proceeds from sales of short-term investments | — | — | — | — | $0 | $0 | $1.4m | |
| Other investing activities | $0 | $91k | $0 | $0 | ($450k) | $457k | $0 | |
| Net cash used in investing activities | $0 | ($842k) | ($53.9m) | ($605.7m) | ($86.2m) | ($30.5m) | ($267.3m) | |
| Proceeds from the issuance of common stock upon exercise of stock options, including early exercises, net of repurchases | $3.1m | $13.8m | $25.4m | $24.5m | $32.3m | $24.0m | $21.8m | |
| Issuance of common stock under employee stock purchase plan | — | $0 | $0 | $14.4m | $12.9m | $13.6m | $14.0m | |
| Net loss, including amounts attributable to noncontrolling interest | ($130.7m) | ($192.2m) | ($157.6m) | ($180.7m) | ($428.0m) | ($9.1m) | ($58.6m) | |
| Net cash provided by financing activities | $271.3m | $12.9m | $701.2m | $97.5m | $45.2m | $32.6m | $34.8m | |
| Net increase (decrease) in cash and cash equivalents | $210.9m | ($60.5m) | $604.3m | ($589.3m) | ($9.9m) | ($60.3m) | $1.9m | |
| Impact of foreign exchange on cash and cash equivalents | ($226k) | $1.0m | $6.8m | ($3.7m) | ($3.9m) | $1.5m | $1.5m | |
| Cash and cash equivalents at beginning of period | $343.3m | $282.9m | $887.2m | $297.9m | $288.0m | $227.6m | $229.6m | |
| Cash paid (refunds) for income taxes related to the bilateral advance pricing agreement | $2.0m | $1.9m | $1.3m | $0 | $0 | $187.7m | ($2.5m) | |
| Other cash paid for income taxes | $2.0m | $1.9m | $1.3m | $838k | $6.9m | $3.1m | $4.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.