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GitLab GTLB Q1 2027 earnings

Reported June 2, 2026 · After market close

Revenue$264.2MBeat by $9.9M
EPS-$0.03Miss by $0.23
Revenue estimate$254.2M
EPS estimate$0.20
The agentic era is creating structural tailwinds for GitLab, and Q1 showed it clearly with accelerating platform activity and promising traction from GitLab Duo Agent Platform, GitLab is the only platform that spans the full software lifecycle with one control plane, one data model, and cloud and AI model neutrality. As our largest customers come to us with new needs around security, governance, and orchestration at machine scale, we are evolving GitLab to be the trusted enterprise platform for software creation in the AI era.
Bill Staples

Next report

Sep 1, 2026 (In 4 days)
Revenue estimate$273.1M
EPS estimate$0.18

Financials

Q1 2027

Income statement

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Revenue$264.2M+23.1%
Gross profit$226.7M+19.6%
Operating income-$15.7M+54.5%
Net income-$5.0M+86.1%
EPS (diluted)-$0.03+86.4%

Balance sheet

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Cash & equivalents$335.4M+31.2%
Total equity$985.2M+21.9%
Total assets$1.7B+18.3%

Cash flow

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Operating cash flow$149.2M+40.4%
CapEx$2.4M+162%
Free cash flow$146.8M+39.3%

Valuation & ratios

Valuation

as of 08/27/26
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Market cap$6.98B-10.6%
P/S6.9×-2.2×

Profitability

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Gross margin86.7%-1.9pp
Operating margin-5.1%-2.1pp
Net margin-2.5%
FCF margin26.2%

Returns & leverage

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Return on equity-2.8%
Current ratio2.5×+0.1×

Segments

By product

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Subscription—self-managed$151.1M+16.0%
SaaS$88.2M+37.5%
License—self-managed$18.2M+21.0%
Professional services and other$6.7M+33.2%

By geography

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Europe$39.9M+20.7%
Asia Pacific$6.6M+45.0%

FAQ

When did GitLab report Q1 2027 earnings?
GitLab (GTLB) reported Q1 2027 earnings on June 2, 2026 after market close.
What were GitLab's Q1 2027 revenue and EPS?
GitLab reported revenue of $264.2M and eps of $-0.03 for Q1 2027.
Did GitLab beat estimates in Q1 2027?
Revenue beat the consensus estimate of $254.2M by $9.9M. EPS missed the consensus estimate of $0.20 by $0.23.
How did GitLab's Q1 2027 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 23.1% from $214.5M a year earlier.
Where can I find GitLab's Q1 2027 SEC filings?
You can read the 8-K earnings release (0001628280-26-039805) and the 10-Q periodic report (0001628280-26-039793) directly on SEC EDGAR. The filing index links above go to sec.gov.