Business
CORRECTING and REPLACING GitLab Reports Third Quarter Fiscal Year 2026 Financial Results
Third Quarter Fiscal Year 2026 Highlights: Total revenue of $244.4 million, up 25% year-over-year GAAP operating margin of (5)%; non-GAAP operating margin of
About this update from Gitlab Inc.
[{"type":"text","content":"\nThird Quarter Fiscal Year 2026 Highlights:\n\n\nTotal revenue of $244.4 million, up 25% year-over-year\n\n\nGAAP operating margin of (5)%; non-GAAP operating margin of 18%\n\n\nOperating cash flow of $31.4 million and non-GAAP adjusted free cash flow of $27.2 million\n\n\n SAN FRANCISCO--(BUSINESS WIRE)--\nIn the Fourth Quarter and Fiscal Year 2026 Financial Outlook table, the FY 2026 Guidance for Non-GAAP diluted net income should read: $0.88 - $0.89 (instead of $0.95 - $0.96).\n\nThe updated release reads:\n\nGITLAB REPORTS THIRD QUARTER FISCAL YEAR 2026 FINANCIAL RESULTS\n\nThird Quarter Fiscal Year 2026 Highlights:\n\n\nTotal revenue of $244.4 million, up 25% year-over-year\n\n\nGAAP operating margin of (5)%; non-GAAP operating margin of 18%\n\n\nOperating cash flow of $31.4 million and non-GAAP adjusted free cash flow of $27.2 million\n\n\nAll-Remote - GitLab Inc. (NASDAQ: GTLB), the most comprehensive, intelligent DevSecOps platform, today reported financial results for its third quarter fiscal year of 2026, ended October 31, 2025.\n\n“More code means more of a need for GitLab,” said Bill Staples, GitLab chief executive officer. “Engagement is growing across our platform as we are a critical part of how our customers deliver high quality, secure software. We’ve architected GitLab and Duo Agent Platform to provide intelligent orchestration across the software lifecycle, facilitate trust and accuracy in an AI world, and help accelerate the end to end software delivery process required to win.”\n\n“I am pleased with GitLab’s strong third quarter results for fiscal year 2026, which resulted in 25% year-over-year revenue growth,” said James Shen, GitLab interim chief financial officer. “By investing strategically while delivering free cash flow, we are building GitLab for sustainable growth at scale. We're positioning GitLab for long-term success to take advantage of a rapidly transforming market from a place of strength.”\n\nThird Quarter Fiscal Year 2026 Financial Highlights (in millions, except per share data and percentages):\n\n\n\n \n\n\n\n\nQ3 FY 2026\n\n\n\n \n\n\n\nQ3 FY 2025\n\n\n\n \n\n\n\nY/Y Change\n\n\n\n\n\nRevenue\n\n\n\n\n$\n\n\n\n244.4\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n196.0\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n25\n\n\n\n%\n\n\n\n\n\nGAAP Gross margin\n\n\n\n\n \n\n\n\n87\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n89\n\...