NASDAQ$GTLB

GitLab · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

GitLab reported Q2 fiscal 2026 total revenue of $236.0M with a net loss of $10.0M and diluted loss per share of $0.06.

Total revenue rose to $236.0 million for the quarter ended July 31, 2025, with a net loss of $10.0 million versus net income a year ago on higher operating investment. The DevSecOps platform and AI-assisted features support enterprise seat expansion.

  • Q2 total revenue $236.0M (+29% YoY); net loss $10.0M.
  • Subscription revenue $212.7M; gross margin remained strong.
  • R&D and sales investments weigh on near-term GAAP profitability.
  • Large-deal seasonality and seat expansion drive ARR growth.

Headline financials

Total Revenue

$236M

Previous: $183M+29.2%
EPS (adj)

-$0.06

Previous: $0.08-175.0%
Customers >$5K ARR

10.3K

Previous: 9.3K+11.0%
Customers >$100K ARR

1.3K

Previous: 1.1K+25.0%
Dollar-Based Net Retention Rate

121.0%

No prior period
Capital Expenditures

-$3.82M

Previous: -$1.55M-146.0%
Free Cash Flow

-$13M

Previous: $11.4M-214.3%
Net Income

-$9.21M

Previous: $12.9M-171.1%
Operating Income

-$18.4M

Previous: -$41M+55.2%
Gross Profit

$207M

Previous: $161M+28.7%

Revenue & EPS history

GitLab · Revenue · Quarterly

$236M

Q2 2026+29.2%vs Q2 2025
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Revenue by segment

GitLab · $150M total across 2 segments · Q3 2024

  • Subscription—self-managed and SaaS
    $131M+33.1%
  • License—self-managed and other
    $18.7M+28.4%

Forward guidance

The release discusses GitLab's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • ARR growth and enterprise adoption support the long-term model.
  • GitLab cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • GAAP profitability remained under pressure in Q2 2026.
  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.
  • Stock-based compensation and growth investments weigh on GAAP earnings.

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 Q2 2026

Historical avgQ2 2026

+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

Earnings price reactions
QuarterReport dateReaction (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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