Gitlab Inc.GTLBEarnings & Financial Report
GitLab Inc. is an American company that operates and develops GitLab, an open-core DevOps software package that can develop, secure, and operate software. GitLab includes a distributed version control system based on Git, including features such as access control, bug tracking, software feature requests, task management, and wikis for every project, as well as snippets.
Revenue
$236.0M
Gross Profit
$207.5M
Operating Profit
$-18.4M
Net Profit
$-9.2M
Gross Margin
87.9%
Operating Margin
-7.8%
Net Margin
-3.9%
YoY Growth
29.2%
EPS
$-0.06
Gitlab Inc. Q2 FY2026 Financial Summary
Gitlab Inc. reported revenue of $236.0M (up 29.2% YoY) for Q2 FY2026, with a net profit of $-9.2M (down 171.1% YoY) (-3.9% margin). Cost of goods sold was $28.5M, operating expenses totaled $225.8M.
Key Financial Metrics
| Total Revenue | $236.0M |
|---|---|
| Net Profit | $-9.2M |
| Gross Margin | 87.9% |
| Operating Margin | -7.8% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
Gitlab Inc. Q2 FY2026 revenue of $236.0M breaks down across 4 segments, led by Subscription And Circulation at $140.7M (59.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription And Circulation | $140.7M | 59.6% |
| Subscription Software As A Service | $72.0M | 30.5% |
| License | $18.1M | 7.7% |
| Professional Services And Other | $5.1M | 2.2% |
Gitlab Inc. Revenue by Segment — Quarterly Trend
Gitlab Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription And Circulation and Subscription Software As A Service) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Subscription And Circulation | $146.4M | $140.7M | $151.1M | $125.1M |
| Subscription Software As A Service | $76.9M | $72.0M | — | $60.4M |
| License | $15.5M | $18.1M | $20.2M | $21.1M |
| Professional Services And Other | $5.6M | $5.1M | $6.0M | $4.8M |
Gitlab Inc. Annual Revenue by Year
Gitlab Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $759.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $759.2M |
| 2024 | $579.9M |
| 2023 | $424.3M |
Gitlab Inc. Quarterly Revenue & Net Profit History
Gitlab Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $244.4M | +24.6% | $-8.3M | -3.4% |
| Q2 FY2026 | $236.0M | +29.2% | $-9.2M | -3.9% |
| Q1 FY2026 | $214.5M | +26.8% | $-35.9M | -16.7% |
| Q4 FY2025 | $211.4M | +29.1% | $5.8M | 2.7% |
| Q3 FY2025 | $196.0M | +31.0% | $29.6M | 15.1% |
| Q2 FY2025 | $182.6M | +30.8% | $12.9M | 7.1% |
| Q1 FY2025 | $169.2M | +33.3% | $-54.6M | -32.3% |
| Q4 FY2024 | $163.8M | +33.3% | $-36.5M | -22.3% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $163.8M | $169.2M | $182.6M | $196.0M | $211.4M | $214.5M | $236.0M | $244.4M |
| YoY Growth | 33.3% | 33.3% | 30.8% | 31.0% | 29.1% | 26.8% | 29.2% | 24.6% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.32B | $1.32B | $1.38B | $1.25B | $1.40B | $1.44B | $1.50B | $1.57B |
| Liabilities | $699.9M | $707.3M | $688.3M | $482.4M | $578.0M | $589.4M | $586.6M | $602.8M |
| Equity | $571.2M | $567.8M | $642.8M | $724.7M | $775.9M | $808.3M | $866.6M | $922.7M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $24.9M | $38.1M | $11.7M | $-177.0M | $63.2M | $106.3M | $49.4M | $31.4M |