Current Ratio: 2.55
Is the current ratio high or low?
The current ratio of 2.55 is 13% below its 5-year average of 2.92, around the middle of its 5-year range (0.00–5.55).
As of Monday, June 29, 2026. 0.64% below its 12-month average of 2.57.
GTLB Current Ratio
Reported quarterly current ratio; no daily interpolation.
GTLB Average Current Ratio Chart
GTLB Current vs Average Current Ratio Chart
GTLB Current Ratio Metrics
CURRENT RATIO
2.55
CURRENT RATIO AVG TTM
2.57
CURRENT RATIO AVG 3Y
2.33
CURRENT RATIO AVG 5Y
3.07
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-0.64%
CURRENT VS 3Y AVG
+9.52%
CURRENT VS 5Y AVG
-16.99%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
GTLB Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GitLab Inc. (GTLB) | $4.91B | 2.55 | 2.57 | 2.33 | 3.07 |
| Genpact Limited (G)vs › | $4.84B | 1.66 | 1.91 | 1.72 | 1.63 |
| SentinelOne, Inc. (S)vs › | $5.36B | 1.39 | 1.56 | 1.81 | 2.89 |
| Klaviyo, Inc. (KVYO)vs › | $4.45B | 4.27 | 4.58 | 5.09 | 5.00 |
| Lyft, Inc. (LYFT)vs › | $5.42B | 0.65 | 0.71 | 0.78 | 0.91 |
| Veeco Instruments Inc. (VECO)vs › | $4.33B | 4.75 | 4.37 | 3.64 | 3.58 |
| UiPath Inc. (PATH)vs › | $5.60B | 2.48 | 2.71 | 3.20 | 3.19 |
| EPAM Systems, Inc. (EPAM)vs › | $4.22B | 2.59 | 2.77 | 3.51 | 3.52 |
| Duolingo, Inc. (DUOL)vs › | $5.66B | 2.61 | 2.61 | 3.07 | 3.32 |
| monday.com Ltd. (MNDY)vs › | $3.76B | 2.50 | 2.58 | 2.77 | 2.69 |
Liquidity Analysis
Current Ratio
2.55
Quick Ratio
2.54
Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Current Ratio FAQ
- What is the current ratio for GitLab Inc. (GTLB)?
- The current ratio for GTLB stock is 2.55.
- Is GitLab Inc.'s current ratio high or low?
- The current ratio of 2.55 is 13% below its 5-year average of 2.92, around the middle of its 5-year range (0.00–5.55).
- What is the TTM average current ratio for GitLab Inc. (GTLB)?
- The TTM average current ratio for GTLB stock is 2.57.
- What is the 3Y average current ratio for GitLab Inc. (GTLB)?
- The 3Y average current ratio for GTLB stock is 2.33.
- What is the 5Y average current ratio for GitLab Inc. (GTLB)?
- The 5Y average current ratio for GTLB stock is 3.07.
GTLB Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2026-04-30 | 2.55 |
| 2026-01-31 | 2.54 |
| 2025-10-31 | 2.66 |
| 2025-07-31 | 2.60 |
| 2025-04-30 | 2.48 |
| 2025-01-31 | 2.45 |
| 2024-10-31 | 2.57 |
| 2024-07-31 | 1.97 |
| 2024-04-30 | 1.87 |
| 2024-01-31 | 1.90 |
| 2023-10-31 | 2.02 |
| 2023-07-31 | 3.56 |
| 2023-04-30 | 3.59 |
| 2023-01-31 | 3.65 |
| 2022-10-31 | 4.04 |
| 2022-07-31 | 4.31 |
| 2022-04-30 | 4.45 |
| 2022-01-31 | 4.35 |
| 2021-10-31 | 5.55 |
| 2021-07-31 | 2.32 |
| 2021-04-30 | 0.00 |
| 2021-01-31 | 0.00 |
| 2020-10-31 | 0.00 |
| 2020-07-31 | 0.00 |
| 2020-04-30 | 0.00 |
Related Metrics
About GitLab Inc.
GitLab Inc., through its various operating entities, specializes in developing software solutions that facilitate the entire software development lifecycle. The company's operations span the United States, Europe, and the Asia Pacific regions. Its primary offering is GitLab, a unified DevOps platform. This single application is engineered to boost development speed, offering extensive visibility and precise command over every phase of the DevOps workflow. The platform's objective is to enable businesses to effectively plan, build, secure, and release software, thereby driving positive business results. Additionally, GitLab Inc. provides a range of associated training and expert consultation services. Founded in 2011, the enterprise was initially known as GitLab B.V. before officially adopting the name GitLab Inc. in July 2015. The firm's main offices are located in San Francisco, California.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- William Staples