GitLab Inc. (NASDAQ: GTLB) reported total revenue of $236.0 million, showing a 29% year-over-year increase in the second quarter of fiscal year 2026.
The company achieved a non-GAAP operating margin of 17% with robust operating cash flow of $49.4 million and non-GAAP adjusted free cash flow of $46.5 million.
Noteworthy highlights include the continued growth in the number of customers with significant ARR and the successful public beta launch of GitLab Duo Agent Platform, reinforcing the company's commitment to AI-driven development processes.
Revenue Growth
Total revenue for the quarter reached $236.0 million, representing a 29% increase year-over-year.
CFO Transition
Brian Robins will step down as CFO on September 19, 2025, with James Shen expected to take over as interim CFO.
Strategic Collaborations
GitLab signed a three-year collaboration agreement with Amazon Web Services, expanding access to GitLab Dedicated for organizations in highly regulated industries.
- GitLab's financial results reflect strong revenue growth and improved operating margins, showcasing the effectiveness of their AI-native DevSecOps platform.
- The successful CFO transition and strategic collaborations indicate GitLab's focus on leadership stability and expanding market reach through key partnerships.
Overall, GitLab's second quarter performance demonstrates continued momentum in revenue growth, operational efficiency, and strategic partnerships, positioning the company for sustained success in the competitive DevSecOps market.