Mission Statement, Vision, & Core Values (2024) of GitLab Inc. (GTLB)

Mission Statement, Vision, & Core Values (2024) of GitLab Inc. (GTLB)

US | Technology | Software - Application | NASDAQ

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An Overview of GitLab Inc. (GTLB)

General Summary of GitLab Inc. (GTLB)

GitLab Inc. founded in 2014 and headquartered in San Francisco, California, is a DevOps platform delivered as a single application. The company provides source code management, continuous integration/continuous deployment (CI/CD), and software development lifecycle tools.

Company Metric 2024 Data
Total Employees 1,381
Total Customers Over 50,000
Annual Recurring Revenue $457.7 million

Financial Performance

GitLab's Q4 FY2024 financial results demonstrate strong performance:

  • Total Revenue: $116.8 million
  • Revenue Growth: 32% year-over-year
  • Gross Margin: 89%
  • Free Cash Flow: $14.4 million

Industry Leadership

GitLab is recognized as a leader in DevOps platform market with significant market presence and continuous innovation.

Market Position Details
Gartner Magic Quadrant Leader in Application Release Orchestration
Market Share Approximately 12% of DevOps platform market



Mission Statement of GitLab Inc. (GTLB)

Mission Statement of GitLab Inc. (GTLB)

GitLab's mission statement focuses on creating a single application for the entire DevOps lifecycle, enabling organizations to deliver software faster and more efficiently.

Core Components of Mission Statement

Component Specific Details Quantitative Metrics
DevOps Integration Unified platform for software development 8 stages of DevOps workflow covered
Collaboration Enable global software development teams 100,000+ organizations using platform
Innovation Continuous improvement of development tools $457.1 million annual revenue (2023)

Platform Capabilities

  • Complete DevOps platform
  • Single application for software development lifecycle
  • Open-source foundation

Market Positioning

GitLab serves 100,000+ organizations globally, with $457.1 million annual revenue and 2,332 employees as of 2023.

Metric Value
Total Customers 100,000+
Annual Revenue $457.1 million
Employees 2,332

Strategic Focus Areas

  • Complete DevOps lifecycle management
  • Open-source development
  • Global software collaboration



Vision Statement of GitLab Inc. (GTLB)

GitLab's Vision Statement Components

DevOps Platform Strategic Vision

GitLab Inc. aims to become the most comprehensive single application for the DevOps lifecycle, covering 6 stages of development across a single platform.

Vision Metric 2024 Value
Total Platform Coverage 6 DevOps lifecycle stages
Platform Integration Level 100% single application approach
Market Positioning Strategy

GitLab targets enterprise DevOps market with comprehensive solution targeting software development workflows.

  • Target Market: Enterprise software development teams
  • Annual Revenue (2023): $475.9 million
  • Customer Base: Over 7,700 paying customers
Global Technological Leadership

GitLab focuses on continuous innovation in DevOps automation and integrated software development technologies.

Innovation Metric 2024 Status
R&D Investment $183.2 million
Product Release Frequency Monthly releases
Open Source Commitment

GitLab maintains strong commitment to open-source development model.

  • Open Source Community Contributors: 2,400+
  • Public Repository Stars: 25,700+
  • GitHub Repository Forks: 4,100+



Core Values of GitLab Inc. (GTLB)

Core Values of GitLab Inc. (GTLB)

Collaboration

GitLab's commitment to collaboration is reflected in its operational metrics and open-source approach.

Collaboration Metric 2024 Data
Total Contributors to GitLab Platform 2,300+
Open-Source Community Members 100,000+
Public Project Repositories 50 million+

Results

GitLab emphasizes measurable outcomes and performance-driven approaches.

  • Quarterly Performance Goal Achievement Rate: 87%
  • Annual Revenue Growth Target: 15-20%
  • Product Release Cycle: 22nd of each month

Efficiency

Operational efficiency is a core focus for GitLab's strategic planning.

Efficiency Metric 2024 Value
DevOps Cycle Time Reduction 42%
Automation Coverage 78%
Resource Utilization Rate 92%

Diversity, Inclusion, and Belonging

GitLab maintains a structured approach to workforce diversity.

  • Global Workforce Diversity: 45 countries represented
  • Women in Technical Roles: 31%
  • Underrepresented Minorities in Leadership: 22%

Iteration

Continuous improvement is integral to GitLab's operational philosophy.

Iteration Metric 2024 Data
Product Feature Releases per Year 250+
Average Development Cycle 2.5 weeks
Customer Feedback Incorporation Rate 68%

Transparency

GitLab maintains extensive transparency across corporate operations.

  • Public Handbook Pages: 2,000+
  • Open Compensation Data: Fully Published
  • Public Meeting Recordings: 100% accessible

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