GitLab Inc (GTLB) Tops Q1 EPS by 2c, Beats on Revenue; Offers FY Guidance

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GitLab Reports First Quarter Fiscal Year 2027 Financial Results

June 2, 2026 4:05 PM EDT

First Quarter Fiscal Year 2027 Highlights:

Total revenue of $264.2 million, up 23% year-over-year GAAP operating margin of (6)%; non-GAAP operating margin of 14% Operating cash flow of $149.2 million and non-GAAP adjusted free cash flow of $146.7 million

SAN FRANCISCO--(BUSINESS WIRE)-- All-Remote-GitLab Inc. (NASDAQ: GTLB), the intelligent orchestration platform for DevSecOps, today reported financial results for its first quarter fiscal year of 2027, ended April 30, 2026.

The agentic era is creating structural tailwinds for GitLab, and Q1 showed it clearly with accelerating platform activity and promising traction from... More