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Gitlab | 8-K: GitLab Reports Third Quarter Fiscal Year 2026 Financial Results

SEC ·  Dec 3, 2025 05:08

Summary by Futu AI

GitLab reported strong Q3 FY2026 results with revenue reaching $244.4 million, up 25% YoY. The company achieved a non-GAAP operating margin of 18% and generated operating cash flow of $31.4 million. Key metrics showed solid growth with customers having more than $100,000 ARR increasing 23% YoY to 1,405, while maintaining a Dollar-Based Net Retention Rate of 119%.The company announced the appointment of Jessica Ross as Chief Financial Officer, effective January 15, 2026. Ross, who joins from Frontdoor where she served as CFO, brings over 25 years of finance experience from companies including Salesforce and Stitch Fix. She will receive an annual base salary of $505,000, a signing bonus of $150,000, and RSUs worth $15 million.For Q4 FY2026, GitLab expects revenue between $251-252 million and non-GAAP operating income of $38-39 million. The company's full-year FY2026 guidance projects revenue of $946-947 million with non-GAAP diluted net income per share of $0.95-0.96.
GitLab reported strong Q3 FY2026 results with revenue reaching $244.4 million, up 25% YoY. The company achieved a non-GAAP operating margin of 18% and generated operating cash flow of $31.4 million. Key metrics showed solid growth with customers having more than $100,000 ARR increasing 23% YoY to 1,405, while maintaining a Dollar-Based Net Retention Rate of 119%.The company announced the appointment of Jessica Ross as Chief Financial Officer, effective January 15, 2026. Ross, who joins from Frontdoor where she served as CFO, brings over 25 years of finance experience from companies including Salesforce and Stitch Fix. She will receive an annual base salary of $505,000, a signing bonus of $150,000, and RSUs worth $15 million.For Q4 FY2026, GitLab expects revenue between $251-252 million and non-GAAP operating income of $38-39 million. The company's full-year FY2026 guidance projects revenue of $946-947 million with non-GAAP diluted net income per share of $0.95-0.96.

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