Here's What Key Metrics Tell Us About Gitlab (GTLB) Q2 Earnings

Core Insights - GitLab Inc. reported revenue of $235.96 million for the quarter ended July 2025, reflecting a year-over-year increase of 29.2% and exceeding the Zacks Consensus Estimate of $226.57 million by 4.14% [1] - The company's EPS for the quarter was $0.24, up from $0.15 in the same quarter last year, representing a surprise of 50% compared to the consensus estimate of $0.16 [1] Revenue Breakdown - Revenue from License-self-managed and other was $23.28 million, surpassing the average estimate of $21.89 million by analysts, marking a year-over-year increase of 20% [4] - Subscription revenue from self-managed and SaaS totaled $212.68 million, exceeding the average estimate of $204.64 million, with a year-over-year growth of 30.3% [4] - Subscription revenue from SaaS was reported at $72.03 million, compared to the estimated $68.85 million [4] - License revenue from self-managed was $18.14 million, above the average estimate of $17.17 million [4] - Subscription revenue from self-managed was $140.65 million, exceeding the estimated $135.95 million [4] - License revenue from professional services and other was $5.13 million, surpassing the average estimate of $4.78 million [4] Stock Performance - GitLab's shares have returned +7.2% over the past month, outperforming the Zacks S&P 500 composite's +3.6% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]