Gitlab Posts Rise in Fiscal Q4 Earnings, Revenue; Initiates Fiscal 2026 Outlook

MT Newswires Live
03-04

Gitlab (GTLB) reported fiscal Q4 non-GAAP diluted earnings Monday of $0.33 per share, up from $0.15 a year earlier.

Analysts polled by FactSet expected $0.23.

Revenue for the quarter ended Jan. 31 was $211.4 million, up from $163.8 million a year earlier.

Analysts surveyed by FactSet expected $206.2 million.

The company said it expects fiscal Q1 non-GAAP diluted earnings of $0.14 to $0.15 per share on revenue of $212 million to $213 million.

Analysts surveyed by FactSet expect $0.15 on revenue of $212.5 million.

Meanwhile, the company expects fiscal 2026 non-GAAP diluted earnings of $0.68 to $0.72 on revenue of $936 million to $942 million.

Analysts polled by FactSet expect $0.80 on revenue of $938.9 million.

Meanwhile, the company said it appointed Ian Steward as its chief revenue officer, starting May 3. Steward will join GitLab from Tricentis where he served in the same position.

The company said interim chief revenue officer, and chief marketing and strategy officer Ashley Kramer will remain in her roles through the end of fiscal Q1.

Shares of Gitlab were up nearly 3% in after-hours trading.

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