The call reflected strong revenue growth and significant advancements in AI integration and product innovation. However, concerns about slower customer additions, a back-end weighted quarter, and a cautious macro environment balance the positive aspects.

Company Guidance -

Q2 2026

In the GitLab First Quarter Fiscal Year 2026 conference call, the company reported a 27% year-over-year revenue increase to $215 million and achieved a non-GAAP operating margin of 12%. They guided for the second quarter with expected revenue between $226 million and $227 million, representing 24% growth year-over-year, and a non-GAAP operating income of $23 million to $24 million. For the full fiscal year 2026, GitLab anticipates revenue between $936 million and $942 million, marking approximately 24% growth from the previous year. The company also highlighted its success in free cash flow, generating $104.1 million in adjusted free cash flow in Q1, resulting in a record adjusted free cash flow margin of 49%. This strong performance underscores the effectiveness of GitLab’s AI-native DevSecOps platform and its commitment to expanding its AI capabilities and customer engagement.

Strong Revenue Growth

First quarter revenue increased 27% year-over-year to $215 million, with non-GAAP operating margin reaching 12%.

AI Integration and Adoption

Momentum with GitLab Duo continues to grow, particularly with Duo Enterprise. In Q1, the number of customers who purchased GitLab Duo for the first time increased 35% quarter-over-quarter.

R&D and Product Innovation

GitLab 18 launch introduced new product capabilities across the platform, including AI, security enhancements, and DevOps optimizations.

Operating Leverage and Cash Flow

Non-GAAP operating income was $26.1 million compared to a loss of $3.8 million in Q1 of last year. Record adjusted free cash flow of $104.1 million was achieved.

Partnerships and Market Expansion

Partnership with AWS and integration with Amazon Q, expanding enterprise reach and customer engagement.

Gitlab (GTLB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GTLB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 09, 2025	2026 (Q2)	0.16 / -	0.15	―	―	―
Jun 10, 2025	2026 (Q1)	0.15 / 0.17	0.03	466.67% (+0.14)
Mar 03, 2025	2025 (Q4)	0.23 / 0.33	0.15	120.00% (+0.18)
Dec 05, 2024	2025 (Q3)	0.15 / 0.23	0.09	155.56% (+0.14)
Sep 03, 2024	2025 (Q2)	0.10 / 0.15	0.01	1400.00% (+0.14)
Jun 03, 2024	2025 (Q1)	-0.04 / 0.03	-0.06	150.00% (+0.09)
Mar 04, 2024	2024 (Q4)	0.08 / 0.15	-0.03	600.00% (+0.18)
Dec 04, 2023	2024 (Q3)	>-0.01 / 0.09	-0.1	190.00% (+0.19)
Sep 05, 2023	2024 (Q2)	-0.03 / 0.01	-0.15	106.67% (+0.16)
Jun 05, 2023	2024 (Q1)	-0.14 / -0.06	-0.18	66.67% (+0.12)

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 10, 2025	$48.51	$43.37	-10.60%
Mar 03, 2025	$56.25	$62.80	+11.64%
Dec 05, 2024	$66.04	$67.19	+1.74%
Sep 03, 2024	$44.68	$54.35	+21.64%

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.