NASDAQ$GTLB

GitLab · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Headline financials

Total Revenue

$66.8M

Previous: $106M-37.0%
EPS (adj)

-$0.34

Previous: -$1.45+76.6%
Customers >$5K ARR

6.5K

No prior period
Customers >$100K ARR

638

Previous: 247+158.3%
Dollar-Based Net Retention Rate

130.0%

Previous: 130.0%+0.0%
Free Cash Flow

-$41.2M

No prior period
Net Income

-$41.2M

Previous: -$28.6M-44.1%
Operating Income

-$32.5M

Previous: -$24.5M-33.1%
Gross Profit

$59.6M

Previous: $37.5M+58.9%
Cash & Equivalents

$825M

Previous: $283M+191.1%
Total Assets

$1.03B

No prior period
Stock-Based Comp

$8.58M

Previous: $5.68M+51.1%

Revenue & EPS history

GitLab · Revenue · Quarterly

$66.8M

Q3 2022-37%vs Q3 2021
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

Revenue by segment

GitLab · $66.8M total across 2 segments · Q3 2022

  • Subscription—self-managed and SaaS
    $59.8M+86.7%
  • License—self-managed and other
    $7.03M+86.0%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+2.6%

Avg return

Earnings day

+5.4%

Avg return

5 days after

+1.6%

Avg return

30 days after

52%

12 / 23 earnings

Positive

+37.7%

Q1 2024

Best reaction

-23.4%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-7.2%-7.9%-15.5%
Q3 2026-12.8%-9.9%-16.6%
Q2 2026-7.3%+2.7%+0.0%
Q1 2026-0.1%+2.7%+2.3%
Q4 2025+11.6%+0.2%-24.4%
Q3 2025+0.9%-7.5%-10.2%
Q2 2025+14.7%+12.0%+2.9%
Q1 2025-5.2%-7.6%+12.7%
Q4 2024-19.7%-21.3%-22.9%
Q3 2024+12.4%+12.8%+11.2%
Q2 2024+1.7%+6.5%-9.4%
Q1 2024+37.7%+39.9%+50.3%
Q4 2023-23.4%-16.8%-23.6%
Q3 2023+1.6%+12.4%+3.1%
Q2 2022+16.6%+30.2%+12.1%
Q2 2023+12.1%+20.0%+17.5%
Q1 2022+26.4%+12.8%+48.3%
Q1 2023+24.6%+9.8%+36.8%
Q1 2020-7.1%+2.0%-15.0%
Q4 2022+0.5%+76.9%+43.3%
Q4 2021-5.4%-15.9%-21.6%
Q3 2021-5.4%-15.9%-21.6%
Q3 2022-7.1%-14.8%-21.7%
Q2 2021
Q1 2021

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro