Gitlab, Inc. Class A (GTLB)
NASDAQ:GTLB
Want to see GTLB full AI Analyst Report?
Earnings Data
Report Date
Sep 08, 2026After Close (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
0.18Last Year’s EPS
0.24Same Quarter Last Year
Based on 24 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presented a constructive operating and product momentum picture: revenue grew 23% with a guide beat, profitability improved, large customer counts and platform usage accelerated, Duo Agent Platform showed strong early demand, SaaS and Dedicated offerings scaled, and the company raised full-year guidance. Offsetting these positives are meaningful near-term risks: a significant workforce restructuring (Act 2) with $30–$35M of charges and potential short-term disruption, continued pressure in a price-sensitive ~20% ARR cohort driven by customer layoffs and M&A, conservative assumptions about DAP revenue in FY27 despite early signals, and some contract-duration caution from customers. On balance, the highlights notably outweigh the lowlights due to strong top-line performance, cash generation, customer metrics, and strategic positioning for AI/agentic tailwinds, while management is proactively addressing cost structure and investing in long-term architectural bets.Company Guidance
Revenue Beat and Strong Growth
Q1 revenue of $264 million, up 23% year-over-year and 4 percentage points ahead of guidance.
Profitability Improvement
Non-GAAP operating income of $38 million and non-GAAP operating margin of 14%, up roughly 200 basis points year-over-year (Q1 NGOI $38M vs $26M prior year).
Large Customer Growth and Retention
Customers paying >$100k grew 18% year-over-year to 1,519 and now represent just over 75% of ARR; dollar-based net retention was 117%.
Platform Usage Acceleration
Paid SaaS customer activity: code pushes up 49% year-over-year and CI pipeline growth accelerated to 38% in April (from mid-20s in late FY26).
Duo Agent Platform Early Traction
Duo Agent Platform (DAP) reached general availability prior to the quarter, was attached to 4 of the top 10 deals, contributed more net new ARR in its first quarter than Duo Pro and Duo Enterprise combined in any prior quarter, and reported a paid consumption run rate near $20 million.
SaaS and Dedicated Momentum
SaaS now ~1/3 of revenue and grew 37% year-over-year; GitLab Dedicated crossed $70 million in ARR and contributed meaningfully to growth.
New Logo and First Order Acceleration
New logo / first order growth: 30% higher new logo growth versus the same period last year and the highest absolute first order count in 10 quarters.
Solid RPO and Cash Generation
Total RPO grew 18% year-over-year to $1.1 billion; Current RPO grew 24% to $724 million. Adjusted free cash flow was $147 million (56% free cash flow margin). Cash & investments totaled $1.36 billion and the company repurchased ~2.4 million shares ($350 million remaining authorization).
Raised Full-Year Guidance
Company raised FY27 guidance to $1.112–$1.118 billion in revenue (16%–17% year-over-year growth) and non-GAAP operating income of $135–$141 million.
Strategic Architectural Roadmap
Announced Act 2 and five architectural bets (machine-scale Git rebuild, orchestration, context/Orbit, governance, unified platform) to capture AI/agentic engineering tailwinds and expand monetization vectors (GitLab Flex and Credits).
GTLB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GTLB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 02, 2026 | $31.82 | $30.93 | -2.80% |
Mar 03, 2026 | $26.70 | $25.05 | -6.18% |
Dec 02, 2025 | $43.37 | $37.83 | -12.77% |
Sep 03, 2025 | $46.91 | $43.46 | -7.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Gitlab, Inc. Class A (GTLB) report earnings?
Gitlab, Inc. Class A (GTLB) is schdueled to report earning on Sep 08, 2026, After Close (Confirmed).
What is Gitlab, Inc. Class A (GTLB) earnings time?
Gitlab, Inc. Class A (GTLB) earnings time is at Sep 08, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GTLB EPS forecast?
GTLB EPS forecast for the fiscal quarter 2027 (Q2) is 0.18.
