Companies /Technology

Gitlab Inc - Class A

NASDAQ: GTLB Software - Infrastructure
$44.81
â–² $3.50 (+8.47%) today
Markets closed · 4:39pm ET

Q3 2026 Earnings

Reported Dec 2, 2025, 4:08pm ET · SEC source
$0.25
Beat +24.01%
EPS · est. $0.20
$244.4M
Beat +2.11%
Revenue · est. $239.3M
−4.0%
Trailing market
GTLB vs S&P since report
10 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−12%−6%0+6%Dec 2Dec 3report 4:08pm ETearnings+0.4%−7.0%
−12%−6%0+6%Dec 2Dec 3earnings+0.4%−7.0%
GTLB −7.0%S&P 500 +0.4%
−12%−6%0+6%Dec 2Dec 3report 4:08pm ETearnings+0.2%−7.0%
−12%−6%0+6%Dec 2Dec 3earnings+0.2%−7.0%
GTLB −7.0%NASDAQ +0.2%
−6%0+6%Dec 1Dec 10report 4:08pm ETearnings+0.8%+0.8%
−6%0+6%Dec 1Dec 10earnings+0.8%+0.8%
GTLB +0.8%S&P 500 +0.8%
−6%0+6%Dec 1Dec 10report 4:08pm ETearnings+0.9%+0.8%
−6%0+6%Dec 1Dec 10earnings+0.9%+0.8%
GTLB +0.8%NASDAQ +0.9%
−12.77%
Day of report
−0.85%
Next session
+7.06%
One week
−2.88%
30 days

S&P 500 over the same 30 days: +1.16%.

Did GTLB Beat Earnings? Q3 2026 Results

GitLab delivered a convincing beat across the board in its fiscal third quarter of 2026, with non-GAAP EPS of $0.25 clearing the $0.2016 consensus by 24.01% and revenue of $244.35 million topping estimates by 2.11% while climbing 24.6% year over year — a result driven in large part by sustained subscription momentum and expanding enterprise adoption. The company's customer base with more than $100,000 in annual recurring revenue grew 23% to 1,405, and a Dollar-Based Net Retention Rate of 119% underscored the platform's upsell traction. Non-GAAP operating income more than doubled to $43.68 million, lifting the non-GAAP operating margin to 18% from 13% a year ago, while remaining performance obligations crossed $1 billion. The quarter also drew some scrutiny over softness in the small business segment and public sector headwinds, though the headline numbers told a largely constructive story. Looking ahead, GitLab guided Q4 revenue of $251–$252 million and full-year fiscal 2026 revenue of $946–$947 million, with investors already looking toward <a href="https://247wallst.com/investing/2026/03/03/live-gitlab-reports-q4-earnings-after-the-bell/">what comes next</a>.

Key Takeaways
  • 25% year-over-year revenue growth
  • Customers with >$100K ARR grew 23% year-over-year to 1,405
  • Dollar-Based Net Retention Rate of 119%
  • Total RPO grew 27% year-over-year to approximately $1.0 billion
  • Current RPO grew 28% to $659.1 million
  • Non-GAAP operating margin expanded to 18% from 13% year-over-year

“More code means more of a need for GitLab. Engagement is growing across our platform as we are a critical part of how our customers deliver high quality, secure software. We've architected GitLab and Duo Agent Platform to provide intelligent orchestration across the software lifecycle, facilitate trust and accuracy in an AI world, and help accelerate the end to end software delivery process required to win.”

GitLab CEO, on the earnings call

Forward Guidance & Outlook

For Q4 FY2026, GitLab expects revenue of $251.0–$252.0 million, non-GAAP operating income of $38.0–$39.0 million, and non-GAAP diluted EPS of $0.22–$0.23 (assuming approximately 172 million weighted average shares outstanding). For the full fiscal year 2026, the company expects revenue of $946–$947 million, non-GAAP operating income of $147–$148 million, and non-GAAP diluted EPS of $0.95–$0.96 (assuming approximately 171 million weighted average shares outstanding).

GTLB YoY Financials

Q3 2026 vs Q3 2025 · SEC filings Q3 2025 Q3 2026
$0$80.0M$160.0M$240.0M$196.0M$244.4MRevenue$173.9M$212.1MGross Profit$-7,870,064$-12,356,000Operating Income
$0$80.0M$160.0M$240.0MRevenueGross ProfitOperating Income

GTLB Revenue by Segment

Subscription—self-managed and SaaS$223.3M+27.4%
Subscription — self-managed and SaaS
Subscription - Self-Managed and SaaS
License—self-managed and other$21.1M+1.4%
License - Self-Managed and Other
License — self-managed and other

Figures from SEC filings and company reports. Not investment advice.