GitLab posted solid top-line growth and positive non-GAAP operating income, driven by new AI features and platform enhancements. The company also saw improvements in key customer metrics and cash generation.
GitLab achieved a 29% year-over-year increase in revenue, reaching $211.4 million. The company also reported a significant improvement in its operating margin, with non-GAAP operating income rising to $37.4 million. GAAP net income reached $10.8 million, while non-GAAP net income was $56.7 million. Free cash flow also saw strong growth.
GitLab reported a strong third quarter in fiscal year 2025, with revenue reaching $196.0 million, a 31% increase year-over-year. The company also saw significant expansion in both GAAP and Non-GAAP operating margins. Bill Staples was appointed as CEO and Board Member, succeeding co-founder Sid Sijbrandij, who transitioned to Executive Chair of the GitLab Board of Directors.
GitLab reported a 31% year-over-year increase in total revenue, reaching $182.6 million. The company also demonstrated significant GAAP and Non-GAAP operating margin expansion and generated $11.7 million in operating cash flow and $10.8 million in Non-GAAP adjusted free cash flow.
GitLab reported a 33% year-over-year increase in total revenue, reaching $169.2 million. The company also achieved significant GAAP and Non-GAAP operating margin expansion and generated positive operating cash flow for the first time in Q1.
GitLab reported a strong fourth quarter with revenue of $163.8 million, up 33% year-over-year. The company achieved significant non-GAAP operating margin expansion and breakeven cash flow, driven by enterprise customer standardization and AI integration in the DevSecOps platform.
GitLab reported a strong Q3 FY2024 with revenue of $149.7 million, up 32% year-over-year. The company achieved its first quarter of non-GAAP operating profit while continuing investments in key product areas.
GitLab reported Q2 FY2024 revenue of $139.6 million, a 38% increase year-over-year. The company's GAAP operating margin was (39)%, while the non-GAAP operating margin was (3)%. GAAP net loss per share was $(0.33), and non-GAAP net income per share was $0.01.
GitLab reported a 45% year-over-year increase in revenue, reaching $126.9 million for Q1 FY2024. The company's non-GAAP operating margin also improved significantly. GitLab is focusing on its AI-powered DevSecOps platform to drive efficiencies and innovation for customers.
GitLab reported Q4 revenue of $122.9 million, a 58% increase year-over-year. The company's non-GAAP operating margin improved significantly. GitLab is guiding for Q1 2024 revenue of $117.0 - $118.0 million and FY 2024 revenue of $529.0 - $533.0 million.
GitLab reported a 69% year-over-year increase in revenue, reaching $113.0 million in Q3 2023. The company's dollar-based net retention rate exceeded 130%, and non-GAAP operating margin improved significantly. GitLab also provided guidance for Q4 2023, projecting revenue between $119.0 and $120.0 million.
GitLab reported strong Q4 2022 financial results, with revenue increasing by 69% year-over-year. The company's Dollar-Based Net Retention Rate was above 152%. GitLab is focused on driving sustainable growth and improving profitability over the long term.