GitLab Q3 revenue $196M (+31% YoY); GAAP net income $29.6M; CEO Sid Sijbrandij steps down, Bill Staples appointed

Gitlab Inc.

2025-Q3 EPS reported -$0.08 vs consensus $0.17 ▼ miss (-147.8%)

Revenue $196.0M (31% YoY growth); GAAP net income $29.6M vs ($285.2M) loss in Q3 FY24.
Non-GAAP operating income $25.9M, margin 13% vs 3% YoY; non-GAAP net income $39.1M vs $14.4M.
CEO Sid Sijbrandij resigns as CEO, becomes Executive Chair; Bill Staples (ex-New Relic CEO) appointed CEO.
Non-GAAP EPS $0.23 diluted vs $0.09 YoY; adjusted free cash flow $9.7M vs ($6.7M) YoY.

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