Gitlab (US:GTLB) The Motley Fool·2025-12-21 00:08Core Insights - TFJ Management has increased its investment in GitLab by purchasing an additional 116,490 shares, raising its total holdings to 221,259 shares valued at approximately $9.97 million as of September 30 [2][3] - GitLab's stock price is currently at $38.00, reflecting a 32% decline over the past year, contrasting with the S&P 500's increase of 16.5% during the same period [3] - GitLab reported a revenue of $244.4 million for the latest quarter, marking a 25% year-over-year growth, alongside an adjusted free cash flow of $27.2 million and a non-GAAP operating margin of 18% [10] Company Overview - GitLab is a leading provider of DevOps lifecycle software, enabling organizations to efficiently plan, build, secure, and deploy applications through a unified platform [6][8] - The company operates on a subscription-based model, which contributes to predictable and recurring revenue streams [6][13] - GitLab serves a diverse international client base, focusing on streamlining software delivery, security, and collaboration [8] Financial Metrics - GitLab's total revenue for the trailing twelve months (TTM) is $906.25 million, with a net income of -$46.47 million [4] - The company's market capitalization stands at $6.40 billion [4] - Dollar-based net retention rate is strong at 119%, with a 23% increase in customers spending over $100,000 annually [10] Investment Perspective - TFJ Management's investment in GitLab represents 6.72% of its 13F assets under management, indicating a significant but not dominant position [3][11] - The investment strategy appears to favor volatile growth names, suggesting a tolerance for market fluctuations while recognizing GitLab's stabilizing fundamentals [11] - The disconnect between GitLab's stock performance and its underlying business growth presents potential long-term investment opportunities [11]