GitLab Q2 revenue rises 21% to $286.3 million; GAAP net loss widens to $36.8 million
GitLab reported second-quarter fiscal 2027 revenue of $286.3 million, up 21% from a year earlier, while its GAAP net loss widened to $36.8 million from $9.2 million. The company also said Chief Accounting Officer Simon Mundy will resign effective September 16, 2026, and CFO Jessica Ross will take on the principal accounting officer role.
Key points
- Revenue of $286.3 million, up 21% year over year; non-GAAP operating income of $42.6 million, versus $39.6 million a year earlier
- GAAP net loss attributable to GitLab of $36.8 million, or $(0.22) per share, compared with a loss of $9.2 million, or $(0.06) per share, a year earlier
- Restructuring charges of $19.4 million were excluded from non-GAAP results; the restructuring was announced in May 2026
- Third-quarter revenue guidance of $281 million to $283 million; fiscal 2027 revenue guidance of $1,129 million to $1,133 million
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.