Gitlab Inc - Class A
Q4 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: −6.96%.
Did GTLB Beat Earnings? Q4 2025 Results
GitLab closed out its fiscal fourth quarter with a decisive beat on both the top and bottom lines, posting non-GAAP EPS of $0.33 against a consensus estimate of $0.23, a 44.67% beat, while revenue of $211.43 million grew 29.1% year over year and edged past the $206.48 million estimate by 2.40%. The standout driver behind the profitability swing was a sharp non-GAAP operating margin expansion to 18% from just 8% a year ago, alongside GAAP net income of $10.78 million compared to a loss of $36.87 million in Q4 FY2024. Enterprise momentum reinforced the headline numbers, with customers spending more than $100,000 in ARR growing 29% to 1,229 and total RPO climbing 40% to $945 million. The strong quarter arrives, however, as the company navigates investor lawsuits alleging it overstated adoption of its GitLab Duo AI features. Looking ahead, GitLab guided full-year FY2026 revenue of $936 to $942 million and non-GAAP diluted EPS of $0.68 to $0.72, incorporating a new 22% long-term non-GAAP tax rate following an intellectual property relocation to the U.S.
- 29% year-over-year revenue growth driven by enterprise customer demand
- Non-GAAP operating margin expansion to 18% from 8% year-over-year
- Customers with more than $100,000 ARR grew 29% to 1,229
- Customers with more than $1M ARR increased 28% to 123
- Dollar-Based Net Retention Rate of 123%
- Total RPO grew 40% year-over-year to $945.0 million
- Current RPO grew 35% to $579.2 million
“This quarter's results demonstrate the power of GitLab's innovative DevSecOps platform. AI is fundamentally changing the software development landscape. With the GitLab platform and GitLab Duo, customers can leverage AI that fully takes advantage of the GitLab platform which ensures their software quality, security, privacy, compliance, and governance requirements are met to deliver secure software faster.”
GitLab CEO, on the earnings call
Forward Guidance & Outlook
For Q1 FY2026, GitLab guided revenue of $212.0–$213.0 million, non-GAAP operating income of $21.0–$22.0 million, and non-GAAP diluted EPS of $0.14–$0.15 (assuming ~172 million weighted average shares). For full fiscal year 2026, the company guided revenue of $936–$942 million, non-GAAP operating income of $109–$114 million, and non-GAAP diluted EPS of $0.68–$0.72 (assuming ~173 million weighted average shares). The outlook applies a new 22% long-term non-GAAP projected tax rate reflecting the relocation of intellectual property to the U.S. following the conclusion of the bilateral advance pricing agreement.
GTLB YoY Financials
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Figures from SEC filings and company reports. Not investment advice.