GitLab (GTLB) Earnings: Q2 Fiscal 2027 Results and Next Report Date
Last updated November 2026
Short answer
GitLab reported revenue of $286 million for Q2 fiscal 2027, up 21% from a year earlier (GitLab, Sep 1, 2026). Diluted EPS was -$0.22. Subscription (self-managed and SaaS) brought in $258 million, up 21%. GitLab next reports around December 1, 2026 (an estimated date). Every figure is from GitLab's release. Walnut is informational, not investment advice.
GTLB Q2 fiscal 2027 results
In one sentence
GitLab reported revenue of $286 million for Q2 fiscal 2027, up 21% from a year earlier (GitLab, Sep 1, 2026).
| Measure | Q2 fiscal 2027 | Q2 fiscal 2026 | Change |
|---|---|---|---|
| Revenue | $286 million | $236 million | up 21% |
| Diluted EPS (GAAP) | -$0.22 | -$0.06 | n/a |
| Diluted EPS (non-GAAP) | $0.24 | $0.24 | flat |
| Net income | -$36.8 million | -$9.2 million | n/a |
The quarter ended July 31, 2026 and GitLab published the results on September 1, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. GitLab reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- GitLab's fiscal year ends January 31. Q2 fiscal 2027 is the three months ended July 31, 2026.
- GAAP results include $19.4 million of restructuring charges under a plan approved on June 1, 2026 that affected about 14% of GitLab's global workforce. GitLab excludes them from its non-GAAP figures.
Source: GitLab Q2 fiscal 2027 results, September 1, 2026. Also in the Form 10-Q for the quarter ended July 31, 2026. Figures as reported; checked against the release on November 10, 2026.
GTLB revenue by segment
How GitLab splits revenue in its own release, under its own labels, for Q2 fiscal 2027 against Q2 fiscal 2026. Indented lines are parts of the line above them.
| Revenue by type | Q2 fiscal 2027 | Q2 fiscal 2026 | Change |
|---|---|---|---|
| Subscription (self-managed and SaaS) | $258 million | $213 million | up 21% |
| Subscription, self-managed | $161 million | $141 million | up 14% |
| SaaS | $97.6 million | $72.0 million | up 36% |
| License (self-managed and other) | $27.9 million | $23.3 million | up 20% |
- GitLab's Subscription (self-managed and SaaS) revenue was $258 million in Q2 fiscal 2027, up 21% from $213 million in Q2 fiscal 2026, 90% of total revenue.
- GitLab's License (self-managed and other) revenue was $27.9 million in Q2 fiscal 2027, up 20% from $23.3 million in Q2 fiscal 2026, 10% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
GitLab's outlook for Q3 fiscal 2027 and full year fiscal 2027
From the earnings release
The release gives the outlook as a table: for Q3 fiscal 2027, revenue of $281 million to $283 million, non-GAAP operating income of $35 million to $37 million and non-GAAP diluted EPS of $0.19 to $0.20; for fiscal 2027, revenue of $1,129 million to $1,133 million, non-GAAP operating income of $148 million to $152 million and non-GAAP diluted EPS of $0.85 to $0.87.
In its Q2 fiscal 2027 release, GitLab said:
“For the third quarter and fiscal year 2027, GitLab Inc. expects (in millions, except share and per share data):”
“Non-GAAP diluted net income per share assuming approximately 172 million and 172 million weighted average shares outstanding during Q3 FY 2027 and FY 2027, respectively.”
Source: GitLab Q2 FY27 release, Sep 1, 2026.
This is the company's own guidance as of Sep 1, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the GTLB forecast page.
GTLB recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Jul 31, 2026 | $286 million | -$0.22 | Sep 1, 2026 |
Q1 fiscal 2027 ended Apr 30, 2026 | $264 million | -$0.03 | Jun 2, 2026 |
Q4 fiscal 2026 ended Jan 31, 2026 | $260 million | -$0.02 | Mar 3, 2026 |
Q3 fiscal 2026 ended Oct 31, 2025 | $244 million | -$0.05 | Dec 2, 2025 |
Q2 fiscal 2026 ended Jul 31, 2025 | $236 million | -$0.06 | Sep 3, 2025 |
Revenue in millions and GAAP diluted net loss per share, each as first reported in that quarter's release.
When does GTLB report earnings next?
GitLab's next report is expected around December 1, 2026, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q2 fiscal 2027 until those results are out and have been checked against the release.
Past GitLab quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q2 fiscal 2027 (this page), reported Sep 1, 2026
What GitLab's revenue is made of
GitLab sells a DevSecOps platform as subscriptions. Subscription revenue from self-managed and SaaS customers was $258.3 million of total revenue of $286.3 million in Q2 fiscal 2027. Within it, self-managed subscriptions were $160.7 million and SaaS $97.6 million, up from $72.0 million a year earlier. License revenue was $20.7 million and professional services and other $7.3 million. (GitLab Form 10-Q, Q2 FY27, Sep 2, 2026)
GitLab's revenue rose $50.3 million, or 21%, which it put down to demand for the platform, new customers, expansion within paying customers and more customers with $100,000 or more in ARR. Its dollar-based net retention rate was 117%, against 121% a year earlier. Customers with more than $100,000 of ARR reached 1,571, up 17%, and customers above $5,000 of ARR reached 11,114, up 8%. (GitLab Form 10-Q, Q2 FY27, Sep 2, 2026; GitLab Q2 FY27 release, Sep 1, 2026)
Customers can run GitLab on their own infrastructure, use the managed SaaS offering, or deploy GitLab Dedicated, a single-tenant SaaS version. In June 2026 GitLab introduced GitLab Flex, a purchasing model in which a customer makes one annual dollar commitment and moves it between seats, GitLab Credits and other capabilities month to month. (GitLab Form 10-Q, Q2 FY27, Sep 2, 2026; GitLab Q2 FY27 release, Sep 1, 2026)
By the location of GitLab's contracting entity, the United States accounted for $239.2 million of Q2 fiscal 2027 revenue, Europe $39.8 million and Asia Pacific $7.2 million. Total remaining performance obligations grew 16% to $1.2 billion, and current RPO grew 20% to $744.7 million. (GitLab Form 10-Q, Q2 FY27, Sep 2, 2026; GitLab Q2 FY27 release, Sep 1, 2026)
What GitLab's EPS includes
GitLab lost $(0.22) a share on a GAAP basis in Q2 fiscal 2027 and earned $0.24 a diluted share on a non-GAAP basis. The largest items between the two were $75.0 million of stock-based compensation and $19.4 million of restructuring charges, offset in part by a $15.1 million income tax adjustment that applies GitLab's long-term projected non-GAAP tax rate of 22%. (GitLab Q2 FY27 release, Sep 1, 2026)
The restructuring plan approved on June 1, 2026 affected about 14% of GitLab's global workforce, and GitLab expects total charges of about $30 million to $35 million. Stock-based compensation included $3.9 million of charges for accelerated vesting and award modifications tied to it. (GitLab Form 10-Q, Q2 FY27, Sep 2, 2026; GitLab Q2 FY27 release, Sep 1, 2026)
GitLab repurchased 3.5 million shares for $105.3 million in the quarter. Shares used for GAAP per-share figures were 168.7 million, and 173.9 million on the non-GAAP diluted basis. (GitLab Form 10-Q, Q2 FY27, Sep 2, 2026; GitLab Q2 FY27 release, Sep 1, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at GitLab
GitLab gives quarterly and full-year guidance in its release, on a non-GAAP basis only. For Q3 fiscal 2027 it guided revenue of $281 million to $283 million and non-GAAP diluted EPS of $0.19 to $0.20. For fiscal 2027 it guided revenue of $1,129 million to $1,133 million and non-GAAP diluted EPS of $0.85 to $0.87, assuming about 172 million weighted average shares. (GitLab Q2 FY27 release, Sep 1, 2026)
The Q3 revenue range sits below the $286.3 million GitLab reported for Q2. GitLab does not provide GAAP guidance, saying certain items are out of its control or cannot be reasonably predicted. (GitLab Q2 FY27 release, Sep 1, 2026)
A consensus figure is the average of the models published by the analysts who cover GitLab, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at GitLab
The figures below are the ones GitLab's own release and filings put weight on for Q2 fiscal 2027, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Dollar-based net retention rate | 117% 121% a year earlier GitLab Form 10-Q, Q2 FY27, Sep 2, 2026 |
| Customers above $100,000 ARR | 1,571, up 17% GitLab Q2 FY27 release, Sep 1, 2026 |
| SaaS revenue | $97.6 million, up 36% 34% of total revenue GitLab Form 10-Q, Q2 FY27, Sep 2, 2026 |
| Remaining performance obligations | $1.2 billion, up 16% Current RPO $744.7 million, up 20% GitLab Q2 FY27 release, Sep 1, 2026 |
| Gross margin | 84% GAAP, 86% non-GAAP 88% and 90% a year earlier GitLab Q2 FY27 release, Sep 1, 2026 |
| Adjusted free cash flow | $9.8 million, against $46.5 million Operating cash flow $(3.1) million GitLab Q2 FY27 release, Sep 1, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning GTLB is on is GTLB a buy or a sell?, what analysts expect next is on the GTLB forecast, and what the company does is on the GitLab (GTLB) stock page.
How to check GTLB's figures yourself
Every number on this page can be traced to a document GitLab published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about GitLab
Ask Walnut's AI anything about GTLB and see how it fits what you own.
FAQ
What was GitLab's revenue last quarter?
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GitLab reported revenue of $286 million for Q2 fiscal 2027, the quarter ended July 31, 2026, against $236 million in Q2 fiscal 2026 (up 21%). The figures come from GitLab's results release of September 1, 2026.
What guidance did GitLab give for Q3 fiscal 2027 and full year fiscal 2027?
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The release gives the outlook as a table: for Q3 fiscal 2027, revenue of $281 million to $283 million, non-GAAP operating income of $35 million to $37 million and non-GAAP diluted EPS of $0.19 to $0.20; for fiscal 2027, revenue of $1,129 million to $1,133 million, non-GAAP operating income of $148 million to $152 million and non-GAAP diluted EPS of $0.85 to $0.87. In its Q2 fiscal 2027 release, GitLab said: "For the third quarter and fiscal year 2027, GitLab Inc. expects (in millions, except share and per share data): Non-GAAP diluted net income per share assuming approximately 172 million and 172 million weighted average shares outstanding during Q3 FY 2027 and FY 2027, respectively." That is the company's own outlook as of Sep 1, 2026, and companies revise outlooks as the quarter goes on.
When does GTLB report earnings next?
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GitLab's next report is expected around December 1, 2026, a date estimated from its reporting history that the company has not confirmed. This page carries Q2 fiscal 2027 until those results are out and checked against the release.
Where does GitLab's revenue come from?
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GitLab's Subscription (self-managed and SaaS) revenue was $258 million in Q2 fiscal 2027, up 21% from $213 million in Q2 fiscal 2026, 90% of total revenue. GitLab's License (self-managed and other) revenue was $27.9 million in Q2 fiscal 2027, up 20% from $23.3 million in Q2 fiscal 2026, 10% of total revenue. These are the lines of GitLab's own "revenue by type" table for Q2 fiscal 2027.
How much did GitLab's revenue grow last quarter?
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Up 21% on the year: $286 million in Q2 fiscal 2027 against $236 million in Q2 fiscal 2026. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in GitLab's business do not distort it.
What is the difference between GitLab's GAAP and non-GAAP EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. GitLab's non-GAAP EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q2 fiscal 2027 the two were -$0.22 and $0.24. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Why is GitLab's quarter called Q2 fiscal 2027?
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GitLab's fiscal year does not follow the calendar year, so Q2 fiscal 2027 is the quarter that ended July 31, 2026. When you compare GTLB with a company that reports on the calendar year, line quarters up by the date they ended, not by their names.
Where do the GTLB numbers on this page come from?
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From GitLab's own results release and its Form 10-Q for the quarter ended July 31, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from GitLab's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.