GitLab Inc. - Class A Common Stock (GTLB)

Shares of software development tools maker GitLab (NASDAQ:GTLB) fell 9.5% in the afternoon session after the company reported underwhelming first quarter 2025 (fiscal 2026) results: its full-year revenue guidance was in line, and investors were likely hoping for more. On the other hand, GitLab raised its full-year EPS guidance. In addition, the quarter's EPS and adjusted operating income exceeded Wall Street's estimates by a wide margin. Overall, this was a weak quarter.

Gitlab reported first-quarter financial results on Tuesday after the market closed.

Software development tools maker GitLab (NASDAQ:GTLB) announced better-than-expected revenue in Q1 CY2025, with sales up 26.8% year on year to $214.5 million. The company expects next quarter’s revenue to be around $226.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.17 per share was 11.8% above analysts’ consensus estimates.

Gitlab maintained its full-year revenue guidance of $936 million to $942 million, compared to the consensus estimate of $941.69 million.

Software development tools maker GitLab (NASDAQ:GTLB) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 26.8% year on year to $214.5 million. The company expects next quarter’s revenue to be around $226.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.17 per share was 11.8% above analysts’ consensus estimates.

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Here's a look at the first-quarter earnings report form GitLab.

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Cognyte Software and GitLab Inc are the last two companies to report in Needham analyst Mike Cikos' coverage of first-quarter earnings season.

Software development tools maker GitLab (NASDAQ:GTLB) will be reporting earnings tomorrow after the bell. Here’s what you need to know.