GitLab Inc. reported strong financial results for fiscal year 2025, with total revenue increasing 31% year-over-year to $759.2 million. The company significantly narrowed its net loss to $6.3 million from $425.7 million in the previous year, while maintaining a robust gross margin of 89%. Dollar-Based Net Retention Rate was 123%, and the number of customers with Annual Recurring Revenue (ARR) over $100,000 grew to 1,229, up from 955 last year.The company made strategic progress in expanding its AI capabilities, completing key acquisitions including Oxeye and Rezilion to strengthen its security offerings. GitLab announced a partnership with AWS to develop GitLab Duo with Amazon Q, combining AWS's AI capabilities with GitLab's DevSecOps platform. The company also successfully resolved its Bilateral Advanced Pricing Agreement with U...Show More

GitLab Inc. reported strong financial results for fiscal year 2025, with total revenue increasing 31% year-over-year to $759.2 million. The company significantly narrowed its net loss to $6.3 million from $425.7 million in the previous year, while maintaining a robust gross margin of 89%. Dollar-Based Net Retention Rate was 123%, and the number of customers with Annual Recurring Revenue (ARR) over $100,000 grew to 1,229, up from 955 last year.The company made strategic progress in expanding its AI capabilities, completing key acquisitions including Oxeye and Rezilion to strengthen its security offerings. GitLab announced a partnership with AWS to develop GitLab Duo with Amazon Q, combining AWS's AI capabilities with GitLab's DevSecOps platform. The company also successfully resolved its Bilateral Advanced Pricing Agreement with U.S. and Dutch tax authorities, resulting in a $187.7 million tax payment.Management executed key leadership changes, with William Staples appointed as CEO following Sytse Sijbrandij's transition to Executive Chair. The company remediated its previously disclosed material weakness in internal controls and maintained strong cash position with $992.4 million in cash, cash equivalents, and short-term investments at fiscal year-end.