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Gitlab Q2 Adjusted EPS Flat, Revenue Rises; Q3 Guidance Set

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Gitlab (GTLB) reported Tuesday Q2 adjusted earnings of $0.24 per diluted share, unchanged from a year earlier.

Analysts polled by FactSet expected $0.18.

Revenue for the quarter ended July 31 was $286.3 million, up from $236.0 million a year ago.

Analysts expected $273.1 million.

GitLab expects Q3 adjusted EPS of $0.19 to $0.20 on revenue of $281 million to $283 million. Analysts expect $0.18 and $280.9 million, respectively.

For fiscal 2027, the company currently expects adjusted EPS of $0.85 to $0.87 on revenue between $1.129 billion and $1.133 billion. Analysts expect $0.81 and $1.12 billion, respectively.

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