GitLab
GTLB
#1741
Rank
$9.24 B
Marketcap
$58.32
Share price
-0.73%
Change (1 day)
72.04%
Change (1 year)

Operating Margin for GitLab (GTLB)

Operating Margin as of March 2024 (TTM): -48.89%

According to GitLab's latest financial reports and stock price the company's current Operating Margin is -48.89%. At the end of 2023 the company had an Operating Margin of -41.90%.

Operating Margin history for GitLab from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-41.90%-33.45%
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.