On December 5, 2024, GitLab announced its Q3 FY2025 financial results, reporting a 31% YoY increase in revenue to $196 million. The company also achieved significant GAAP and non-GAAP operating margin expansion. GitLab's non-GAAP net income rose to $39.1 million, with a non-GAAP net income per share of $0.23.In a major leadership change, Bill Staples was appointed as CEO and a board member, effective December 5, 2024. Co-founder Sid Sijbrandij transitioned to Executive Chair of the Board. Staples, previously CEO of New Relic, brings extensive experience from Adobe and Microsoft.GitLab's Q4 FY2025 revenue is projected between $205 million and $206 million, with a non-GAAP operating income of $28 million to $29 million. The company continues to focus on responsible growth and innovation in its AI-powered DevSecOps platform.

On December 5, 2024, GitLab announced its Q3 FY2025 financial results, reporting a 31% YoY increase in revenue to $196 million. The company also achieved significant GAAP and non-GAAP operating margin expansion. GitLab's non-GAAP net income rose to $39.1 million, with a non-GAAP net income per share of $0.23.In a major leadership change, Bill Staples was appointed as CEO and a board member, effective December 5, 2024. Co-founder Sid Sijbrandij transitioned to Executive Chair of the Board. Staples, previously CEO of New Relic, brings extensive experience from Adobe and Microsoft.GitLab's Q4 FY2025 revenue is projected between $205 million and $206 million, with a non-GAAP operating income of $28 million to $29 million. The company continues to focus on responsible growth and innovation in its AI-powered DevSecOps platform.