GitLab
GTLB
#1717
Rank
ยฃ7.60 B
Marketcap
ยฃ47.43
Share price
-2.09%
Change (1 day)
21.00%
Change (1 year)

Operating Margin for GitLab (GTLB)

Operating Margin as of November 2024 (TTM): -25.52%

According to GitLab's latest financial reports and stock price the company's current Operating Margin is -25.52%. At the end of 2023 the company had an Operating Margin of -41.32%.

Operating Margin history for GitLab from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-41.32%-34.37%
2022-62.96%-49.4%
2021-124.44%-21.97%
2020-159.48%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.