Gitlab, Inc. Class A ( (GTLB) ) has released its Q3 earnings. Here is a breakdown of the information Gitlab, Inc. Class A presented to its investors.
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GitLab Inc., a leading DevSecOps platform provider, enables organizations to enhance software development efficiency and security through its comprehensive solutions.
In its third-quarter fiscal year 2026 financial results, GitLab reported a significant 25% year-over-year increase in total revenue, reaching $244.4 million. The company also achieved a non-GAAP operating margin of 18% and generated an operating cash flow of $31.4 million.
Key financial highlights include a GAAP operating loss reduction to $12.4 million from $28.7 million the previous year, and an improvement in non-GAAP operating income to $43.7 million. The company also reported a 10% increase in customers with over $5,000 in annual recurring revenue (ARR) and a 23% increase in those with over $100,000 in ARR. GitLab’s strategic advancements include the expansion of its AI-driven Duo Agent Platform and enhancements in application security features.
Looking ahead, GitLab’s management remains optimistic about continued growth, projecting fourth-quarter revenue between $251 million and $252 million, and full fiscal year 2026 revenue between $946 million and $947 million. The company is positioning itself for long-term success by leveraging its strengths in a rapidly evolving market.