GitLab reports Q2 EPS 15c, consensus 10c

Reports Q2 revenue $182.6M , consensus $177M. “Organizations need to deliver software faster to accelerate performance and respond to intense competition,” said Sid Sijbrandij, GitLab CEO and co-founder. “Our results show the combination of our end-to-end platform and AI solutions are driving results for our customers by aligning to business goals, providing measurable benefits, and improving security.” “Our second quarter fiscal year 2025 results validate the value that customers gain from GitLab’s integrated platform,” said Brian Robins, GitLab chief financial officer. “We delivered another quarter of better than 30% top-line growth and significant year-over-year operating margin expansion. As we enter the second half of fiscal year 2025, I’m confident in our ability to continue to exceed customer expectations and in the opportunity we have with AI to further accelerate tangible business outcomes.”