earnings
confidence high
sentiment positive
materiality 0.75
GitLab Q2 FY27 revenue $286.3M (+21% YoY); net ARR growth >40% YoY
Gitlab Inc.
- Revenue $286.3M, up 21% YoY; GAAP net loss per share $0.22, non-GAAP diluted EPS $0.24.
- GAAP operating margin (20)%, non-GAAP 15%; operating cash flow -$3.1M, adj. FCF $9.8M.
- Net ARR growth >40% YoY; record gross bookings; dollar-based net retention accelerated sequentially.
- CAO Simon Mundy resigns eff. Sept 16; CFO Jessica Ross adds principal accounting officer role.
- Launched GitLab Flex, Secrets Manager, Orbit; named Leader in Gartner Magic Quadrant for DevSecOps.