Net Income (Loss) per Share

6 Months Ended

Jul. 31, 2025

12. Net Income (Loss) per Share

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,
	2025		2024		2025		2024
Numerator:
Net income (loss) attributable to GitLab	$	(9,208)	$	12,912	$	(45,083)	$	(42,321)

Denominator:
Weighted-average shares used to compute net income (loss) per share attributable to GitLab Class A and Class B common stockholders, basic	165,953		159,677		165,233		158,973
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	165,953		166,346		165,233		158,973
Net income (loss) per share attributable to GitLab Class A and Class B common stockholders, basic	$	(0.06)	$	0.08	$	(0.27)	$	(0.27)
Net income (loss) per share attributable to GitLab Class A and Class B common stockholders, diluted	$	(0.06)	$	0.08	$	(0.27)	$	(0.27)

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, 2025	July 31, 2024
Shares subject to outstanding common stock options	5,226	—
Unvested restricted stock in connection with business combination	—	2

Unvested RSUs and PSUs	9,944	6,917
Shares subject to the ESPP	66	222


Total	15,236	7,141