Core Insights - GitLab (GTLB) shares have declined by 16.8% year-to-date, underperforming the broader Zacks Computer & Technology sector, which has risen by 7%, and the Zacks Internet - Software industry, which has increased by 16.2% [1][2][10] - The underperformance is attributed to macroeconomic uncertainties and heightened competition in AI-enabled DevSecOps, particularly from larger competitors like Microsoft [2][10] - Despite challenges, GitLab is experiencing strong demand for its DevSecOps platform, with significant growth in its customer base [4][5] Stock Performance - GitLab's stock has lagged behind Microsoft, which has gained 19.4% year-to-date [2][10] - The company reported a 13% year-over-year increase in customers with over $5K in Annual Recurring Revenue (ARR) and a 26% increase in customers with over $100K in ARR in Q1 FY26 [5][10] Product and Portfolio Expansion - GitLab launched GitLab 18 in May 2025, introducing AI-native features and integrated tools for Premium and Ultimate customers at no additional cost [6][7] - The company achieved FedRAMP Moderate Authority to Operate status for GitLab Dedicated for Government, enhancing its offerings for federal agencies [8] Partnerships and Collaborations - GitLab is leveraging partnerships with major cloud platforms like Google Cloud and Amazon to expand its reach among large enterprise customers [11][12] - The integration of Amazon Q's AI agents into GitLab's platform aims to accelerate development and streamline security processes [11] Financial Guidance - For Q2 FY26, GitLab expects revenues between $226 million and $227 million, reflecting a growth of approximately 24% year-over-year [13] - For the full fiscal year 2026, the revenue forecast is between $936 million and $942 million, indicating a similar growth rate [14] Earnings Estimates - The Zacks Consensus Estimate for GTLB's Q2 FY26 earnings is 16 cents per share, with a year-over-year increase of 6.67% [15] - The consensus for fiscal 2026 earnings is pegged at 75 cents per share, reflecting a year-over-year increase of 1.35% [16] Valuation Metrics - GTLB is currently trading at a forward price/sales ratio of 7.57X, which is higher than the sector average of 6.57X, indicating a stretched valuation [17]

Key Takeaways GitLab is gaining from strong demand for its DevSecOps platform and enterprise customer expansion. New releases, such as GitLab 18 and Duo with Amazon Q, are enhancing security, AI, and DevOps workflows. GTLB's partnerships with major cloud providers are boosting its footprint among large enterprises.GitLab (GTLB) is benefiting from strong demand for its DevSecOps platform. Its solutions, such as GitLab Ultimate, Dedicated, and GitLab Duo, play a significant role in driving customer adoption ...

GitLab Inc. (GTLB -10.45%) reported Q1 FY2026 results on June 10, 2025, posting revenue grew 27% year-over-year to $214.5 million and a non-GAAP operating margin reached 12%. The earnings call highlighted accelerated AI adoption, strategic customer wins, record adjusted free cash flow, and reaffirmed its guidance of approximately 24% top-line growth for FY2026, delineating critical platform initiatives and market expansion opportunities for long-term investors.Accelerated AI-Driven Product Adoption and Key ...

Key Takeaways GTLB posted Q1 non-GAAP earnings of 17 cents per share, topping estimates and up from 3 cents a year earlier. Revenue rose 27% to $214.4M, driven by strong DevSecOps demand and SaaS growth of 35% Y/Y. GTLB shares fell 13% post-earnings on AI competition worries and uncertainty in the public sector.GitLab (GTLB) reported first-quarter fiscal 2026 non-GAAP earnings of 17 cents per share, beating the Zacks Consensus Estimate by 13.33%. The company reported earnings of 3 cents per share in the y ...

Key Takeaways GTLB expects Q1 fiscal 2026 revenues of $212M-$213M, up 25-26% year over year. Investments in AI, GitLab Duo, and GitLab Dedicated likely supported customer growth and adoption. Expanding use by Delta, NatWest, and Amazon may have driven recurring revenues and platform momentum.GitLab (GTLB) is set to release its first-quarter fiscal 2026 results on June 10, 2025.The company expects first-quarter fiscal 2026 revenues between $212 million and $213 million, indicating 25-26% year-over-year gro ...

GitLab (GTLB) shares have lost 27.1% year to date, underperforming the broader Zacks Computer & Technology sector’s 21% decline and the Zacks Internet Software industry’s 18.3% drop.GitLab’s recent share price decline reflects intensifying competition in the AI-driven code generation space, particularly from Microsoft's (MSFT) leading code repository platform, GitHub. With its vast developer base, GitHub has gained significant traction through GitHub Copilot, an AI-powered coding assistant developed in coll ...

GitLab (GTLB) Q4 2025 Earnings Call March 03, 2025 04:30 PM ET Company Participants Kelsey Turcotte - VP of Investor RelationsBill Staples - CEOBrian Robins - Chief Financial OfficerKarl Keirstead - Managing Director - Software Equity ResearchMatthew Hedberg - Managing Director, Software ResearchJoel Fishbein - Managing DirectorDerrick Wood - Managing DirectorKoji Ikeda - Director - Enterprise Software Equity ResearchPinjalim Bora - Executive DirectorNicholas Altmann - Director - U.S. Software Equity Resear ...