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Jul 31, 2023
GitLab Q2 2024 Earnings Report
GitLab's Q2 2024 financial results were reported, showing revenue growth and continued business momentum.
Key Takeaways
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.
Total revenue reached $139.6 million.
GAAP operating margin was (39)%, while non-GAAP operating margin was (3)%.
GAAP net loss per share was $(0.33), while non-GAAP net income per share was $0.01.
Dollar-Based Net Retention Rate was 124%.
Revenue by Segment
Forward Guidance
GitLab expects revenue between $140.0 million and $141.0 million for Q3 FY2024. They also anticipate a non-GAAP operating loss between $(6.0) million and $(5.0) million and a non-GAAP net loss per share between $(0.02) and $(0.01).
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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