Q2 25 EPS
$0.15
BEAT +50.00%
Est. $0.10
Q2 25 Revenue
$182.6M
BEAT +3.22%
Est. $176.9M
vs S&P Since Q2 25
-74.6%
TRAILING MARKET
GTLB -37.5% vs S&P +37.0%
Market Reaction
Did GTLB Beat Earnings? Q2 2025 Results
GitLab delivered a standout second quarter for fiscal 2025, posting non-GAAP diluted EPS of $0.15 against a consensus estimate of $0.10, a 50% beat, while revenue climbed 30.8% year-over-year to $182.58 million, topping the $176.89 million Wall Stree… Read more GitLab delivered a standout second quarter for fiscal 2025, posting non-GAAP diluted EPS of $0.15 against a consensus estimate of $0.10, a 50% beat, while revenue climbed 30.8% year-over-year to $182.58 million, topping the $176.89 million Wall Street had expected. The result was driven by broad operating leverage, with non-GAAP operating margin expanding sharply to 10% from negative 3% a year ago, as sales, R&D, and G&A expenses all grew more slowly than revenue. Customer momentum reinforced the top-line strength; clients spending more than $100,000 in ARR grew 33% year-over-year to 1,076, and a Dollar-Based Net Retention Rate of 126% underscored healthy expansion within the existing base. The quarter also drew attention beyond the numbers, with shares jumping after the report as investors welcomed the raised full-year outlook. Management now guides fiscal 2025 revenue of $742 million to $744 million with non-GAAP EPS of $0.45 to $0.47, while Q3 revenue is expected in the $187 million to $188 million range.
Key Takeaways
- • 31% year-over-year revenue growth driven by platform adoption and AI solutions
- • Dollar-Based Net Retention Rate of 126%
- • Customers with more than $100,000 ARR grew 33% year-over-year to 1,076
- • Total RPO grew 51% year-over-year to $747.9 million; cRPO grew 42% to $475.0 million
- • Significant year-over-year GAAP and non-GAAP operating margin expansion
GTLB YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
GTLB Revenue by Segment
With YoY comparisons, source: SEC Filings
“Organizations need to deliver software faster to accelerate performance and respond to intense competition. Our results show the combination of our end-to-end platform and AI solutions are driving results for our customers by aligning to business goals, providing measurable benefits, and improving security.”
— Sid Sijbrandij, Q2 2025 Earnings Press Release
GTLB Earnings Trends
GTLB vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
GTLB EPS Trend
Earnings per share: estimate vs actual
GTLB Revenue Trend
Quarterly revenue: estimate vs actual
GTLB Quarterly Results
10 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $0.20 | $0.23 | +12.30% | $264.2M | +3.79% |
| Q4 26 BEAT FY | $0.23 | $0.30 | +29.98% | $260.4M | +3.24% |
| FY Full Year | $0.89 | $0.96 | +7.29% | $955.2M | +0.86% |
| Q3 26 BEAT | $0.20 | $0.25 | +24.01% | $244.4M | +2.11% |
| Q2 26 BEAT | $0.16 | $0.24 | +46.25% | $236.0M | +3.86% |
| Q1 26 BEAT | $0.15 | $0.17 | +11.77% | $214.5M | +0.61% |
| Q4 25 BEAT FY | $0.23 | $0.33 | +44.67% | $211.4M | +2.40% |
| FY Full Year | — | $0.74 | — | $759.2M | — |
| Q3 25 BEAT | $0.16 | $0.23 | +44.38% | $196.0M | +4.14% |
| Q2 25 BEAT | $0.10 | $0.15 | +50.00% | $182.6M | +3.22% |
| Q3 24 BEAT | $-0.01 | $0.09 | +1,000.00% | $149.7M | +5.78% |
| Q3 23 BEAT | $-0.15 | $-0.10 | +33.33% | $113.0M | +6.54% |