Net Income (Loss) per Share (Tables)

6 Months Ended

Jul. 31, 2024

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth basic and diluted income (loss) per share for each of the periods presented (in thousands, except per share data):


	Three Months Ended July 31,				Six Months Ended July 31,
	2024		2023		2024		2023
Numerator:
Net income (loss) attributable to GitLab	$	12,949	$	(50,080)	$	(41,695)	$	(102,549)

Denominator:
Weighted-average shares used to compute net income (loss) per share attributable to GitLab Class A and Class B common stockholders, basic	159,677		153,644		158,973		152,683
Dilutive impact of Stock Options	5,452		—		—		—
Dilutive impact of RSUs	1,166		—		—		—
Dilutive impact of ESPP	51		—		—		—
Weighted-average shares used to compute net income (loss) per share attributable to GitLab Class A and Class B common stockholders, diluted	166,346		153,644		158,973		152,683
Net income (loss) per share attributable to GitLab Class A and Class B common stockholders, basic	$	0.08	$	(0.33)	$	(0.26)	$	(0.67)
Net income (loss) per share attributable to GitLab Class A and Class B common stockholders, diluted	$	0.08	$	(0.33)	$	(0.26)	$	(0.67)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows (in thousands):


	As of

	July 31, 2024	July 31, 2023
Shares subject to outstanding common stock options	—	9,933
Unvested restricted stock in connection with business combination	2	3
Unvested early exercised stock options	—	63
Unvested RSUs and PSUs	6,917	11,465
Shares subject to the ESPP	222	71


Total	7,141	21,535