Skip to main content
GitLabEarnings

GitLab stock reports 21.3 percent revenue growth in Q2

What happened

GitLab reported a non-GAAP operating income of USD 42.57 million for Q2 fiscal 2027, an increase of 7.6% year-over-year.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

GitLab stock (ISIN US37637K1088) closed at USD 49.78 on Nasdaq on October 2, 2026, after the company reported Q2 fiscal 2027 revenue of USD 286.25 million, up 21.3 percent year over year. Yahoo Finance reported the figures on October 1, 2026, highlighting stronger customer demand alongside lower cash generation. GitLab's adjusted EPS reached USD 0.24 in Q2 fiscal 2027, compared with the USD 0.18 consensus estimate. The result was 33.33 percent above expectations, while revenue exceeded the consensus mark by 4.74 percent, according to Yahoo Finance. The operating picture was more mixed. Non-GAAP gross margin fell to 86 percent from 90 percent in the year-ago quarter, while non-GAAP operating income rose 7.6 percent to USD 42.57 million. Operating cash flow was negative USD 3.09 million, compared with positive cash flow of USD 49.37 million in the year-ago quarter, according to Yahoo Finance. For fiscal 2027, GitLab guides to revenue of USD 1.129 billion to USD 1.133 billion, implying 18 percent to 19 percent growth. Third-quarter revenue guidance is USD 281 million to USD 283 million, with adjusted EPS of USD 0.19 to USD 0.20. The consumption strategy is becoming a larger part of the story. Paid consumption reached a run rate above USD 40 million at the end of Q2, up from USD 15 million after the first quarter, while management targets more than USD 100 million by fiscal...

Keep reading with a free account

The rest of this article, and every signal for GitLab, is in your free account.

Extracted by Autobound

From the Signal API record
Event
Earnings

What this signalsEarnings results often set the next budget cycle.

Amount named
$42.6M
Stories
2

The full record

From the Signal API record

Numbers

Amount named in the story
$42.6M
Stories about this event
2

Extraction

Confidence
90%
Detected
Oct 5, 2026
signal_type
news
signal_subtype
has_earnings

Use this data

Get every earnings signal for GitLab and the companies you sell to, in the tools you already use.

  1. Ask Claude about it

    Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at GitLab this week?”

  2. Send it to your own tools

    The Signal API returns earnings signals for any list of companies as JSON, for your CRM, warehouse or app.

  3. Try it free

    Sign up and spend your free credits on the companies you sell to.

    Start Free1,000 free credits

The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/1318dc30-83f5-0458-3102-08f8d4949753 returns this record as JSON. POST /v1/companies/enrich returns every signal for gitlab.com.

{
  "signal_id": "1318dc30-83f5-0458-3102-08f8d4949753",
  "signal_type": "news",
  "signal_subtype": "has_earnings",
  "detected_at": "2026-10-05T10:11:18+00:00",
  "company": {
    "name": "GitLab",
    "domain": "gitlab.com"
  },
  "data": {
    "url": "https://www.ad-hoc-news.de/boerse/news/corporate-news/gitlab-stock-reports-21-3-percent-revenue-growth-in-q2/70232082",
    "title": "GitLab stock reports 21.3 percent revenue growth in Q2 - AD HOC NEWS",
    "excerpt": "GitLab stock (ISIN US37637K1088) closed at USD 49.78 on Nasdaq on October 2, 2026, after the company reported Q2 fiscal 2027 revenue of USD 286.25 million, up 21.3 percent year over year. Yahoo Finance reported the figures on October 1, 2026, highlighting stronger customer demand alongside lower cash generation. GitLab's adjusted EPS reached USD 0.24 in Q2 fiscal 2027, compared with the USD 0.18 consensus estimate. The result was 33.33 percent above expectations, while revenue exceeded the consensus mark by 4.74 percent, according to Yahoo Finance . The operating picture was more mixed. Non-GAAP gross margin fell to 86 percent from 90 percent in the year-ago quarter, while non-GAAP operating income rose 7.6 percent to USD 42.57 million. Operating cash flow was negative USD 3.09 million, compared with positive cash flow of USD 49.37 million in the year-ago quarter, according to Yahoo Finance . For fiscal 2027, GitLab guides to revenue of USD 1.129 billion to USD 1.133 billion, implying 18 percent to 19 percent growth. Third-quarter revenue guidance is USD 281 million to USD 283 million, with adjusted EPS of USD 0.19 to USD 0.20. The consumption strategy is becoming a larger part of the story. Paid consumption reached a run rate above USD 40 million at the end of Q2, up from USD 15 million after the first quarter, while management targets more than USD 100 million by fiscal...",
    "summary": "GitLab reported a non-GAAP operating income of USD 42.57 million for Q2 fiscal 2027, an increase of 7.6% year-over-year.",
    "planning": false,
    "image_url": "https://mdb.ad-hoc-news.de/bild/bild-2404990_1920_1080.webp",
    "confidence": 0.9,
    "published_at": "2026-10-05T10:11:18Z",
    "article_sentence": "Non-GAAP gross margin fell to 86 percent from 90 percent in the year-ago quarter, while non-GAAP operating income rose 7.6 percent to USD 42.57 million.",
    "amount_normalized": 42570000
  }
}

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.