v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 31, 2025
Jan. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents [1] $ 261,371 $ 227,649
Short-term investments [1] 903,806 764,728
Accounts receivable, net of allowance for doubtful accounts of $1,176 and $991 as of July 31, 2025 and January 31, 2025, respectively [1] 197,775 264,565
Deferred contract acquisition costs, current [1] 35,306 38,964
Prepaid expenses and other current assets [1] 37,912 40,411
Total current assets [1] 1,436,170 1,336,317
Property and equipment, net [1] 7,642 4,013
Operating lease right-of-use assets [1] 393 381
Goodwill [1] 16,634 16,139
Intangible assets, net [1] 13,804 17,834
Deferred contract acquisition costs, non-current [1] 18,961 20,142
Other non-current assets [1] 4,583 4,437
Total assets [1] 1,498,187 1,399,263
CURRENT LIABILITIES:    
Accounts payable [1] 11,395 7,519
Accrued expenses and other current liabilities [1] 52,339 54,680
Accrued compensation and benefits [1] 30,164 40,233
Deferred revenue, current [1] 459,459 442,599
Total current liabilities [1] 553,357 545,031
Deferred revenue, non-current [1] 25,749 26,369
Other non-current liabilities [1] 7,499 6,557
TOTAL LIABILITIES [1] 586,605 577,957
Commitments and contingencies (Note 13) [1]
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0000025 par value; 50,000 shares authorized as of July 31, 2025 and January 31, 2025; no shares issued and outstanding as of July 31, 2025 and January 31, 2025 [1] 0 0
Additional paid-in capital [1] 2,080,759 1,952,031
Accumulated deficit [1] (1,212,697) (1,167,614)
Accumulated other comprehensive loss [1] (1,511) (8,508)
Total GitLab stockholders’ equity [1] 866,551 775,909
Noncontrolling interests [1] 45,031 45,397
TOTAL STOCKHOLDERS’ EQUITY [1] 911,582 821,306
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY [1] 1,498,187 1,399,263
Class A Common Stock    
STOCKHOLDERS’ EQUITY:    
Common stock, value, issued [1] 0 0
Class B Common Stock    
STOCKHOLDERS’ EQUITY:    
Common stock, value, issued [1] $ 0 $ 0
[1]
(1) As of July 31, 2025 and January 31, 2025, the condensed consolidated balance sheet includes assets of the consolidated variable interest entity, GitLab Information Technology (Hubei) Co., LTD (“JiHu”), of $45.6 million and $46.5 million, respectively, and liabilities of $11.2 million and $10.3 million respectively. The assets of JiHu can be used only to settle obligations of JiHu and creditors of JiHu do not have recourse against the general credit of the Company. Refer to “Note 10. Joint Venture” for further discussion.