Gitlab Inc - Class A NASDAQ:GTLB Price, Chart, News & Insight

NASDAQ:GTLB

GitLab Falls 6% Despite Strong Revenue Growth as Restructuring Overshadows Results

Shares of GitLab (NASDAQ: GTLB) fell 6% in premarket trading despite reporting strong first-quarter fiscal 2027 results, as investors focused on the company's restructuring plan and softer profitability outlook.

GitLab reported revenue of $264.2 million, up 23% year-over-year, while non-GAAP operating income increased to $37.5 million from $26.1 million a year ago. Non-GAAP earnings rose to $0.23 per share, and adjusted free cash flow reached a strong $146.7 million.

The company continued to show healthy customer growth. Customers generating more than $100,000 in annual recurring revenue increased 18% year-over-year to 1,519, while the dollar-based net retention rate remained strong at 117%. Remaining performance obligations grew 18% to $1.1 billion, highlighting continued demand for GitLab's DevSecOps platform.

Management also highlighted growing adoption of its AI offerings, including GitLab Duo Agent Platform, expanded integrations with Anthropic's Claude models, and new collaborations with AWS and Google Cloud aimed at accelerating enterprise AI software development.

However, investors appeared focused on GitLab's announcement that it will reduce its workforce by approximately 14%, or 350 employees, and exit 22 countries as part of a broader restructuring effort. The company expects to incur $30 million to $35 million in restructuring charges, with most of the costs occurring over the coming quarters.

GitLab also guided fiscal 2027 revenue to $1.112 billion-$1.118 billion and non-GAAP operating income to $135 million-$141 million. While the outlook reflects continued growth, the combination of restructuring actions and cautious guidance appeared to weigh on investor sentiment.

Despite the stock's decline, the quarter demonstrated strong revenue growth, expanding profitability, robust cash generation, and increasing traction for GitLab's AI-powered software development platform.

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WS Investor 06-03-26

GitLab delivers strong Q3 FY2026 with 25 percent revenue growth and improved profitability

GitLab reported third-quarter FY2026 revenue of 244.4 million dollars, up 25 percent year over year, with non-GAAP operating margin rising to 18 percent and adjusted free cash flow reaching 27.2 million dollars. GAAP operating margin improved to minus 5 percent from minus 15 percent a year earlier. The company saw continued customer expansion, with ARR over 100,000 dollars accounts rising 23 percent and total RPO growing 27 percent to 1 billion dollars. GitLab also announced Jessica Ross as its new CFO effective January 2026 and highlighted advances in AI-driven DevSecOps, including enhancements to its Duo Agent Platform, new AI integrations, and stronger security capabilities.

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The Investor 12-03-25

GitLab Reports Q2 FY2026 Results, CFO Transition

San Francisco, Sept. 3, 2025 – GitLab Inc. (Nasdaq: GTLB) posted Q2 FY2026 revenue of $236 million, up 29% year-over-year. GAAP operating margin was (8)%, while non-GAAP operating margin reached 17%. Operating cash flow was $49.4 million, with non-GAAP adjusted free cash flow of $46.5 million.

CEO Bill Staples highlighted strong adoption of the GitLab Duo Agent Platform, emphasizing its AI-driven DevSecOps capabilities. CFO Brian Robins noted continued growth and margin expansion, underscoring the platform’s value in delivering enterprise-scale AI-enabled software development.

The company also announced a CFO transition alongside its quarterly results.

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Global Finance News 09-04-25

GitLab Posts Strong Q1 FY2026 Results with 27% Revenue Growth and Record Free Cash Flow

GitLab Inc. (NASDAQ: GTLB) reported robust financial results for the first quarter of fiscal year 2026, showcasing accelerated growth driven by its AI-native DevSecOps platform. The company posted total revenue of $214.5 million, a 27% increase year-over-year, alongside significant improvements in operating margins and cash flow.

GitLab’s GAAP operating margin improved to -16%, compared to -32% in the same quarter last year. On a non-GAAP basis, the company reported a positive operating margin of 12%. Operating cash flow reached $106.3 million, and non-GAAP adjusted free cash flow hit a record $104.1 million—up from $37.4 million in Q1 FY2025.

CEO Bill Staples emphasized GitLab’s leadership in embedding AI across software development, noting, “As AI transforms development practices, our unified platform enables organizations to integrate these capabilities with scalability and security.” CFO Brian Robins highlighted the momentum across the business, with strong contributions from the GitLab 18 release.

Key Performance Metrics:
Net loss (GAAP): $35.9 million vs. $55.2 million in Q1 FY2025

Non-GAAP net income: $29.4 million vs. $4.5 million

Net loss per share (GAAP): $(0.22); Non-GAAP EPS (diluted): $0.17

Customers with >$100K ARR: 1,288 (+26% YoY)

Dollar-based net retention rate: 122%

Total RPO: $955.1 million (+40% YoY)

Business Highlights:
Launched GitLab 18 with enhanced AI capabilities and security features.

Partnered with Amazon Q, integrating AWS autonomous agents into GitLab Duo.

Achieved FedRAMP Authority to Operate for GitLab Dedicated for Government.

Named a Leader in the Forrester Wave™: DevOps Platforms, Q2 2025.

Recognized as Google Cloud’s DevOps Partner of the Year for the fifth straight year.

Outlook:

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ME NEWS 06-11-25

GitLab reported strong financial results for the fourth quarter and full fiscal year 2025, with total revenue reaching $211.4 million for Q4, a 29% increase year-over-year, and $759.2 million for FY 2025, up 31% from the previous year. The company showed significant improvements in profitability, with a GAAP operating margin of (7)% for Q4, compared to (21)% in Q4 FY 2024, and a non-GAAP operating margin of 18%. Operating cash flow for Q4 was $63.2 million, and non-GAAP adjusted free cash flow was $62.1 million.

For the full fiscal year, GitLab's GAAP operating margin improved to (18)% from (32)% in the prior year, while its non-GAAP operating margin increased to 10% from (0.2)%. The company generated $120 million in non-GAAP adjusted free cash flow.

GitLab continues to see strong customer growth, with customers generating over $100,000 in annual recurring revenue (ARR) increasing by 29% to 1,229, and customers with over $1 million in ARR growing 28% year-over-year. The company's dollar-based net retention rate was 123%.

The company announced key leadership changes, with Ian Steward joining as Chief Revenue Officer, effective May 3, 2025, and the appointment of David Henshall to its Board of Directors. GitLab also launched GitLab Duo Self-Hosted and announced the private beta of GitLab Duo Workflow.

Looking ahead, GitLab expects Q1 FY 2026 revenue between $212 million and $213 million and full-year revenue between $936 million and $942 million. Non-GAAP operating income for FY 2026 is projected to be between $109 million and $114 million, with non-GAAP diluted net income per share expected to range between $0.68 and $0.72.

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European Investor 03-04-25

06-03-26Global Finance News

05-19-26WS Investor

03-04-25Global Finance News

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