FORM10-Q (Mark One)[X]QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedApril30, 2025or[ ]TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from toCommission File Number:001-40895GITLAB INC. (Exact name of registrant as specified in its charter) 47-1861035 (I.R.S. Employer Identification Number) (Registrant’s telephone number, including area code) Not Applicable(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 duringthe preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirementsfor the past 90 days.xYes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).xYesoNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” inRule 12b-2 of the Exchange Act. Large accelerated filer Non-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐YesxNo As of May27, 2025, the number of shares of the registrant’s Class A common stock outstanding was146.1million and the number of shares of theregistrant’s Class B common stock outstanding was19.1million. We are a remote-only company. Accordingly, we do not maintain a headquarters. For purposes of compliance with applicable requirements of the SecuritiesAct of 1933, as amended, or the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, any stockholdercommunication required to be sent to our principal executive offices may be directed to the agent for service of process at Corporation Service Company,251Little Falls Drive,Wilmington,Delaware19808, or to the email address: reach.gitlab@gitlab.com.1 TABLE OF CONTENTS Special Note Regarding Forward-Looking StatementsFinancial InformationFinancial Statements (Unaudited)Condensed Consolidated Balance SheetsCondensed Consolidated Statements of OperationsCondensed Consolidated Statements of ComprehensiveLossCondensed Consolidated Statements of Stockholders’ EquityCondensed Consolidated Statements of Cash FlowsNotes to Condensed Consolidated Financial StatementsManagement’s Discussion and Analysis of Financial Condition and Results ofOperationsQuantitative and Qualitative Disclosures about Market RiskControls and ProceduresOther InformationLegal ProceedingsRisk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresOther InformationExhibitsSignatures PART I.Item 1. Item 2.Item 3.Item 4.PART II.Item 1.Item 1A.Item 2.Item 3.Item 4.Item 5.Item 6. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q, or this Quarterly Report, contains forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933, as amended, or the Securities Act and Section 21E of the Securities Exchange Actof 1934, as amended, or the Exchange Act. All statements contained in this Quarterly Report other than statements ofhistorical fact, including statements regarding our future operating results and financial condition, our business strategy andplans, market growth, and our objectives for future operations, are forward-looking statements. The words “believe,” “may,”“will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” and similarexpressions are intended to identify forward-looking statements. Forward-looking statements contained in this Quarterly Reportinclude, but are not limited to, statements about: •our future financial performance, including our expectations regarding our total revenue, cost of revenue, gross profitor gross margin, operating expenses, including changes in operating expenses and our ability to achieve and maintainfuture profitability; •our business plan and our ability to effectively man