NASDAQ$GTLB

GitLab · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

GitLab reported Q3 results with strong revenue growth and continued investment in AI-driven DevSecOps tools.

GitLab delivered solid Q3 results with $244.4M in revenue and positive free cash flow. Despite a GAAP net loss, non-GAAP profitability remained strong. The company continued expanding its customer base and enhancing its AI-driven product suite.

  • Total revenue reached $244.4 million, marking a 25% increase year-over-year.
  • Non-GAAP operating margin improved significantly to 18%, up from 13% in the prior year.
  • Operating cash flow was $31.4 million, a substantial improvement from a negative cash flow in the previous year.
  • The company announced Jessica Ross as the new Chief Financial Officer, effective January 15, 2026.

Headline financials

Total Revenue

$244M

Previous: $196M+24.6%
EPS

-$0.05

Previous: $0.23-121.7%
Customers >$5K ARR

10.5K

No prior period
Customers >$100K ARR

1.4K

No prior period
Current RPO

$659M

No prior period
Dollar-Based Net Retention Rate

119.0%

No prior period
Remaining Performance Obligations

$1B

No prior period
Capital Expenditures

-$6.85M

Previous: -$2.61M-162.8%
Free Cash Flow

-$15.1M

Previous: $27M-156.1%
Net Income

-$8.28M

Previous: $29.6M-128.0%
Operating Income

-$12.4M

Previous: -$28.7M+57.0%
Gross Profit

$212M

Previous: $174M+22.0%

Revenue & EPS history

GitLab · Revenue · Quarterly

$244M

Q3 2026+24.6%vs Q3 2025
Beat estimate in 14 of 15 quarters(93%)
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

GitLab expects continued revenue growth and strong non-GAAP profitability in Q4 FY26 and full-year FY26.

Tailwinds

  • Q4 FY26 revenue guidance of $251M–$252M
  • FY26 total revenue expected between $946M–$947M
  • Non-GAAP operating income forecasted at $38M–$39M for Q4
  • Non-GAAP EPS expected at $0.22–$0.23 in Q4
  • Ongoing investment in AI and DevSecOps product expansion

Headwinds

  • GAAP net losses expected to continue in Q4
  • Macro uncertainty may impact IT spending
  • Competitive pressures in the DevOps space
  • Fluctuations in operating margins between GAAP and non-GAAP
  • No GAAP net income guidance provided due to variability

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

+2.6%

Avg return

Earnings day

+5.4%

Avg return

5 days after

+1.6%

Avg return

30 days after

52%

12 / 23 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
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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