Q3 25 EPS

$0.23

BEAT +44.38%

Est. $0.16

Q3 25 Revenue

$196.0M

BEAT +4.14%

Est. $188.3M

vs S&P Since Q3 25

-75.8%

TRAILING MARKET

GTLB -52.1% vs S&P +23.7%

Market Reaction

Did GTLB Beat Earnings? Q3 2025 Results

GitLab posted a decisive beat across the board in its fiscal third quarter of 2025, with non-GAAP diluted EPS of $0.23 clearing the $0.16 consensus estimate by 44.38% and revenue of $196.05 million topping expectations by 4.14% on 31% year-over-year … Read more GitLab posted a decisive beat across the board in its fiscal third quarter of 2025, with non-GAAP diluted EPS of $0.23 clearing the $0.16 consensus estimate by 44.38% and revenue of $196.05 million topping expectations by 4.14% on 31% year-over-year growth. The outperformance was powered by accelerating subscription demand for its AI-driven DevSecOps platform, reflected in a 31% year-over-year rise in customers spending more than $100,000 in ARR to 1,144, and a Dollar-Based Net Retention Rate of 124% signaling strong upsell momentum. Non-GAAP operating margin expanded sharply to 13%, compared to just 3% a year ago, underscoring improving operating leverage as the business scales. The quarter also brought a significant leadership change, with co-founder Sid Sijbrandij stepping down as CEO for health reasons and Bill Staples assuming the role effective December 5, 2024. Looking ahead, GitLab guided Q4 revenue to $205 million to $206 million and raised its full-year FY2025 revenue outlook to $753 million to $754 million, with non-GAAP EPS of $0.63 to $0.64.

Key Takeaways

  • 31% year-over-year revenue growth driven by platform approach to software development
  • Dollar-Based Net Retention Rate of 124%
  • Customers with more than $100,000 ARR grew 31% year-over-year to 1,144
  • Customers with more than $5,000 ARR grew 16% year-over-year to 9,519
  • Total RPO grew 48% year-over-year to $811.8 million
  • cRPO grew 39% year-over-year to $515.2 million
  • Non-GAAP operating margin expanded to 13% from 3% year-over-year
24/7 Wall St

GTLB YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

GTLB Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 27

“GitLab's growth at scale is a testament to the demand for a platform approach to software development. Our end-to-end DevSecOps platform addresses our customers' need to accelerate the pace of software development to remain competitive, innovate faster, and ship software more securely.”

— Sid Sijbrandij, Q3 2025 Earnings Press Release