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.