GTLB Reported this cycle

GitLab

Remote-only (incorporated in Delaware, USA) Founded 2014 Enterprise SaaS & Cloud

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Latest analysis

Updated Sep 2, 2026

GitLab Q2 FY2027: 21% revenue growth accompanied by gross margin compression and a restructuring-driven cost spike that tripled operating losses YoY

GitLab delivered $286.3 million in Q2 FY2027 revenue, up 21% year-over-year, but operating losses widened sharply to $56.9 million from $18.4 million in the prior-year quarter as third-party cloud hosting costs surged and restructuring charges hit all three operating expense lines simultaneously. Gross margin compressed 400 basis points to 84%, driven by an $11.0 million increase in SaaS hosting costs in the quarter alone — a direct consequence of the Duo AI platform scaling on third-party infrastructure. The June 2026 launch of GitLab Flex, a consumption-flexible purchasing model, introduces new revenue recognition complexity and signals a structural shift away from pure seat-based contracts toward a hybrid commitment model that could temporarily obscure ARR trajectory.

Tone: mixed

Revenue

$955.2M

GTLB 10-K · FY 2026

Employees

2,580

Revenue growth YoY

+26%

Founded

2014

Profile

GTLB 10-K Item 1 · Mar 17, 2026

GitLab is the intelligent orchestration platform for DevSecOps, unifying development, operations, security, and IT teams across the entire software development lifecycle on a single codebase with a unified data model. The platform enables teams to orchestrate AI agents that execute tasks autonomously across planning, development, security, and deployment, eliminating fragmented toolchain bottlenecks. GitLab serves organizations of all sizes globally, operating on an open-core business model with flexible deployment options including self-managed, SaaS, and single-tenant Dedicated instances.

Read filing description ↓

GitLab is the intelligent orchestration platform for DevSecOps, where software teams and their Artificial Intelligence ('AI') agents stay in flow to ship software faster. Built with a unified data model, our platform brings together development, operations, Information Technology ('IT'), security, and business teams across the entire software development lifecycle to deliver better, more secure software faster. AI has accelerated individual coding, but teams lose momentum coordinating across planning, testing, security, deployment, and operations. Fragmented toolchains and tool-specific AI agents create bottlenecks that slow software delivery. GitLab's intelligent orchestration helps solve this by enabling teams to orchestrate AI agents to execute tasks autonomously across the software lifecycle while maintaining quality, security, and speed. GitLab accelerates customer innovation by reducing software development cycles from weeks to minutes. The platform eliminates the need for point tools, increases productivity, and embeds security into development workflows with automated enforcement to improve software security, quality, and compliance while enabling faster delivery. We serve teams of all sizes, scopes, and complexities. As a result, we have more than 50 million registered users, and more than 50% of the Fortune 100 companies are GitLab customers. GitLab is the only intelligent orchestration platform for DevSecOps built on an open-core business model. Any customer or contributor can add or enhance functionality by contributing code to the core product or extending our Continuous Integration ('CI')/Continuous Delivery ('CD') Catalog and AI Catalog. GitLab offers flexible deployment options. Customers can install self-managed GitLab instances in their own on-premises or hybrid cloud environments, use our fully managed SaaS offering in public or private clouds, or deploy GitLab Dedicated, our single-tenant SaaS solution for organizations with complex security and compliance requirements.

Primary products

GitLab DevSecOps Platform
GitLab Duo Agent Platform
GitLab Duo Pro
GitLab Duo Enterprise
GitLab.com (Cloud-Hosted)
Self-Managed

Business segments

Subscription—self-managed and SaaS License—self-managed and other

End markets

financial services technology healthcare government telecommunications manufacturing public sector

Geographies

United States international

Named competitors

Microsoft Corporation GitHub Atlassian JFrog Harness

“We differentiate from GitHub through flexible deployment options that work within enterprise security and compliance requirements, LLM neutrality with self-hosted gateway support, hyperscaler infrastructure flexibility, and our open core business model.” Competitive position, as stated in the filing

Revenue commentary · FY 2026

Total revenue grew 26% year-over-year in fiscal year 2026, driven primarily by growth in subscription revenue from self-managed and SaaS offerings.

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