GitLab Inc. reports results for the quarter ended April 30 - Earnings Summary
GitLab Inc. reports results for the quarter ended April 30 - Earnings Summary
GitLab Inc. GTLB.OQ reported quarterly adjusted earnings of 23 cents per share for the quarter ended April 30, identical to the same quarter last year. The mean expectation of twenty eight analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 17 cents to 27 cents per share.
Revenue rose 33.4% to $264.16 million from a year ago; analysts expected $254.52 million.
GitLab Inc.'s reported EPS for the quarter was a loss of 22 cents.
The company reported a quarterly loss of $4.97 million.
GitLab Inc. shares had risen by 52.4% this quarter and gained 24.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 10.1% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 19 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for GitLab Inc. is $40.00, about 12.7% below its last closing price of $45.09
This summary was machine generated from LSEG data September 1 at 11:15 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Apr. 30 2026 | 0.21 | 0.23 | Beat |
Jan. 31 2026 | 0.23 | 0.30 | Beat |
Oct. 31 2025 | 0.20 | 0.25 | Beat |
Oct. 31 2025 | 0.16 | 0.25 | Beat |