NASDAQ$GTLB
GitLab · Q1 2027 earnings
Q1 2027 earnings · · After market close · Investor relations
Briefing
GitLab announced a major restructuring and reaffirmed its Q1 and full year FY27 guidance in a letter to customers and investors.
CEO Bill Staples outlined structural changes including workforce reduction, reduced country footprint, flatter organization, and reorganized R&D to prepare for the agentic AI era. The company is making architectural bets on machine-scale infrastructure, orchestration, context, governance, and a flexible platform while maintaining customer commitments without disruption. Guidance for Q1 and FY27 was reaffirmed with final restructuring impacts to be detailed on the June 2 earnings call.
- GitLab initiated a transparent restructuring process with voluntary separation, targeting up to 30% reduction in countries with small teams and flattening management layers.
- R&D is being reorganized into roughly 60 smaller empowered teams nearly doubling independent teams, with AI agents rewiring internal processes.
- Ten core beliefs were introduced focusing on agentic software development, machine-scale infrastructure, full-lifecycle orchestration, and a flexible consumption-based business model.
- Q1 and full year FY27 guidance was reaffirmed; final scope and financial impact of restructuring will be shared on the June 2, 2026 earnings call.
Headline financials
Revenue & EPS history
GitLab · Revenue · Quarterly
$264M
Revenue by segment
GitLab · $150M total across 2 segments · Q3 2024
- Subscription—self-managed and SaaS$131M+33.1%87.5%
- License—self-managed and other$18.7M+28.4%12.5%
Forward guidance
GitLab reaffirmed its Q1 and full year FY27 guidance. The majority of restructuring savings are expected to be reinvested into growth and technological initiatives.
Tailwinds
- Reaffirmed existing guidance despite restructuring
- Majority of savings to accelerate agentic-era initiatives
- Next innovation roadmap to be shared at GitLab Transcend on June 10, 2026
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2027
+2.4%
Avg return
Earnings day
+5.0%
Avg return
5 days after
+1.6%
Avg return
30 days after
50%
12 / 24 earnings
Positive
+37.7%
Q1 2024
Best reaction
-23.4%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | -2.8% | -2.4% | — | |
| Q4 2026 | -7.2% | -7.9% | -15.5% | |
| Q3 2026 | -12.8% | -9.9% | -16.6% | |
| Q2 2026 | -7.3% | +2.7% | +0.0% | |
| Q1 2026 | -0.1% | +2.7% | +2.3% | |
| Q4 2025 | +11.6% | +0.2% | -24.4% | |
| Q3 2025 | +0.9% | -7.5% | -10.2% | |
| Q2 2025 | +14.7% | +12.0% | +2.9% | |
| Q1 2025 | -5.2% | -7.6% | +12.7% | |
| Q4 2024 | -19.7% | -21.3% | -22.9% | |
| Q3 2024 | +12.4% | +12.8% | +11.2% | |
| Q2 2024 | +1.7% | +6.5% | -9.4% | |
| Q1 2024 | +37.7% | +39.9% | +50.3% | |
| Q4 2023 | -23.4% | -16.8% | -23.6% | |
| Q3 2023 | +1.6% | +12.4% | +3.1% | |
| Q2 2022 | +16.6% | +30.2% | +12.1% | |
| Q2 2023 | +12.1% | +20.0% | +17.5% | |
| Q1 2022 | +26.4% | +12.8% | +48.3% | |
| Q1 2023 | +24.6% | +9.8% | +36.8% | |
| Q1 2020 | -7.1% | +2.0% | -15.0% | |
| Q4 2022 | +0.5% | +76.9% | +43.3% | |
| Q4 2021 | -5.4% | -15.9% | -21.6% | |
| Q3 2021 | -5.4% | -15.9% | -21.6% | |
| Q3 2022 | -7.1% | -14.8% | -21.7% | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — |
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