December 3, 2025 — Leads & Copy —
GitLab Inc. (NASDAQ: GTLB) has released its third quarter fiscal year 2026 financial results, ended October 31, 2025, and updated its financial outlook for the fourth quarter and fiscal year 2026. The company reported total revenue of $244.4 million, a 25% increase year-over-year. GAAP operating margin was (5)%, while non-GAAP operating margin was 18%. Operating cash flow was $31.4 million, and non-GAAP adjusted free cash flow was $27.2 million.
Bill Staples, GitLab chief executive officer, stated that GitLab is a critical part of how its customers deliver high quality, secure software. He added that the company has architected GitLab and Duo Agent Platform to provide intelligent orchestration across the software lifecycle, facilitate trust and accuracy in an AI world, and help accelerate the end-to-end software delivery process.
James Shen, GitLab interim chief financial officer, expressed satisfaction with GitLab’s strong third quarter results for fiscal year 2026, which resulted in 25% year-over-year revenue growth. He noted that the company is investing strategically while delivering free cash flow, positioning GitLab for long-term success in a rapidly transforming market.
GitLab also announced that Jessica Ross will join the company as Chief Financial Officer (CFO), effective January 15, 2026. Ross joins from Frontdoor, where she served as CFO. She has more than 25 years of experience in finance, accounting, and operational leadership at companies like Salesforce and Stitch Fix, and spent 12 years in public accounting at Arthur Andersen and Deloitte.
For the fourth quarter and fiscal year 2026, GitLab Inc. expects:
- Revenue: $251.0 – $252.0 million (Q4 FY 2026 Guidance); $946 – $947 million (FY 2026 Guidance)
- Non-GAAP operating income: $38.0 – $39.0 million (Q4 FY 2026 Guidance); $147 – $148 million (FY 2026 Guidance)
- Non-GAAP diluted net income per share: $0.22 – $0.23 (Q4 FY 2026 Guidance); $0.88 – $0.89 (FY 2026 Guidance)
Other third quarter fiscal year 2026 financial highlights include:
- Customers with more than $5,000 of ARR reached 10,475, an increase of 10% year-over-year.
- Customers with more than $100,000 of ARR reached 1,405, an increase of 23% year-over-year.
- Dollar-Based Net Retention Rate was 119%.
- Total RPO grew 27% year-over-year to $1.0 billion, while cRPO grew 28% to $659.1 million.
The company has not provided the most directly comparable GAAP financial guidance measures because certain items are out of their control or cannot be reasonably predicted.
GitLab believes non-GAAP measures are useful in evaluating its operating performance. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures and not rely on any single financial measure to evaluate GitLab’s business.
GitLab is the most comprehensive, intelligent DevSecOps platform for software innovation. More than 50 million registered users and more than 50% of the Fortune 100 trust GitLab to ship better, more secure software faster.
Jessica Ross will join the company as Chief Financial Officer (CFO), effective January 15, 2026.
GitLab will host a conference call today, December 2, 2025, at 1:30 p.m. (PT) / 4:30 p.m. (ET) to discuss its third quarter fiscal year 2026 financial results and its guidance for the fourth quarter and full fiscal year 2026. Interested parties may register for the call in advance by visiting https://bit.ly/4p4MoT0. A live webcast of this conference call will be available on GitLab’s investor relations website (ir.gitlab.com), and a replay will also be archived on the website for one year.
Contact:
James Shen, Interim Chief Financial Officer
Source: GitLab Inc.
