GitLab Inc. (NASDAQ: GTLB) reported impressive third quarter fiscal year 2026 results.
Revenue reached $244.4 million, marking a 25% year-over-year increase.
Key financial metrics showed positive growth, including an 18% non-GAAP operating margin.
Revenue Growth
Total revenue increased by 25% year-over-year to $244.4 million.
Operating Performance
Achieved an 18% non-GAAP operating margin, signaling operational efficiency.
Cash Flow Strength
Generated $31.4 million in operating cash flow and $27.2 million in non-GAAP adjusted free cash flow.
Customer Metrics
Notable customer growth with over 10,000 customers having more than $5,000 of ARR.
Financial Outlook
Provided optimistic guidance for the fourth quarter and fiscal year 2026, expecting continued growth.
- GitLab's revenue growth of 25% demonstrates strong market demand for its DevSecOps platform.
- The company's focus on operational efficiency is evident from the 18% non-GAAP operating margin.
- Positive cash flow generation highlights GitLab's financial resilience and sustainable growth strategy.
In conclusion, GitLab's third quarter financial performance indicates solid growth, operational efficiency, and promising future prospects. With strong customer metrics and a positive outlook, GitLab is well-positioned for continued success in the rapidly evolving tech landscape.