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GitLab Inc. (GTLB)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US37637K1088
CUSIP
37637K108
IPO Date
Oct 14, 2021

Highlights

Market Cap
$3.66B
Enterprise Value
$3.43B
EPS (TTM)
-$0.34
Total Revenue (TTM)
$955.22M
Gross Profit (TTM)
$834.48M
EBITDA (TTM)
-$62.25M
Year Range
$20.20 - $54.08
Target Price
$41.31
ROA (TTM)
-3.25%
ROE (TTM)
-5.65%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in GitLab Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

GitLab Inc. (GTLB) has returned -42.34% so far this year and -53.96% over the past 12 months.


GitLab Inc.

1D
4.04%
1M
-17.72%
YTD
-42.34%
6M
-52.00%
1Y
-53.96%
3Y*
-14.22%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 14, 2021, GTLB's average daily return is -0.03%, while the average monthly return is -1.78%.

Historically, 37% of months were positive and 63% were negative. The best month was Jun 2023 with a return of +38.3%, while the worst month was Jan 2022 at -26.4%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 7 months.

On a daily basis, GTLB closed higher 49% of trading days. The best single day was Jun 6, 2023 with a return of +31.2%, while the worst single day was Mar 14, 2023 at -23.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-6.79%-24.81%-17.72%-42.34%
202529.12%-17.25%-21.94%-0.70%-2.49%-0.88%-2.88%9.61%-6.12%8.14%-15.77%-8.60%-33.40%
202412.94%1.42%-19.13%-10.03%-10.06%5.36%3.04%-7.48%8.73%4.29%18.60%-11.61%-10.50%
20238.74%-10.87%-22.14%-11.46%21.74%38.28%-2.90%-4.55%-4.54%-4.29%11.69%30.24%38.56%
2022-26.43%-8.97%-6.56%-11.97%-18.76%36.47%8.02%4.30%-14.45%-5.39%-18.39%14.89%-47.77%
20218.00%-13.96%-9.88%-16.26%

Benchmark Metrics

GitLab Inc. has an annualized alpha of -25.28%, beta of 2.07, and R² of 0.23 versus S&P 500 Index. Calculated based on daily prices since October 15, 2021.

  • This stock participated in 172.65% of S&P 500 Index downside but only 15.77% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.23 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-25.28%
Beta
2.07
0.23
Upside Capture
15.77%
Downside Capture
172.65%

Return for Risk

Risk / Return Rank

GTLB ranks 5 for risk / return — in the bottom 5% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


GTLB Risk / Return Rank: 55
Overall Rank
GTLB Sharpe Ratio Rank: 55
Sharpe Ratio Rank
GTLB Sortino Ratio Rank: 66
Sortino Ratio Rank
GTLB Omega Ratio Rank: 77
Omega Ratio Rank
GTLB Calmar Ratio Rank: 77
Calmar Ratio Rank
GTLB Martin Ratio Rank: 11
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for GitLab Inc. (GTLB) and compare them to a chosen benchmark (S&P 500 Index).


GTLBBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.95

0.90

-1.85

Sortino ratio

Return per unit of downside risk

-1.46

1.39

-2.84

Omega ratio

Gain probability vs. loss probability

0.83

1.21

-0.39

Calmar ratio

Return relative to maximum drawdown

-0.89

1.40

-2.29

Martin ratio

Return relative to average drawdown

-2.05

6.61

-8.65

Explore GTLB risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


GitLab Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the GitLab Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the GitLab Inc. was 84.45%, occurring on Mar 27, 2026. The portfolio has not yet recovered.

The current GitLab Inc. drawdown is 83.47%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-84.45%Nov 9, 20211099Mar 27, 2026
-13.69%Oct 26, 20212Oct 27, 20217Nov 5, 20219
-8.24%Oct 18, 20211Oct 18, 20214Oct 22, 20215

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of GitLab Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how GitLab Inc. is priced in the market compared to other companies in the Software - Application industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for GTLB relative to other companies in the Software - Application industry. Currently, GTLB has a P/S ratio of 3.8. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for GTLB in comparison with other companies in the Software - Application industry. Currently, GTLB has a P/B value of 3.7. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items