earnings
confidence high
sentiment positive
materiality 0.75
GitLab Q1 FY2026 revenue $214.5M (+27% YoY); non-GAAP operating margin 12%, record free cash flow
Gitlab Inc.
2026-Q1 EPS
reported -$0.22
vs consensus $0.23
▼ miss
(-193.9%)
- Total revenue $214.5M, up 27% YoY; GAAP net loss $35.9M ($0.22 loss per share).
- Non-GAAP operating income of $26.1M (12% margin) vs loss of $3.8M a year ago.
- Non-GAAP net income $29.4M ($0.18 EPS) vs $4.5M ($0.03 EPS) in Q1 FY2025.
- Operating cash flow of $106.3M and non-GAAP adjusted free cash flow of $104.1M, both records.
- CEO Bill Staples highlights AI-native DevSecOps platform momentum; CFO cites 27% growth and margin expansion.
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