News

GitLab announced its financial performance for the second quarter of fiscal year 2026, with Q2 revenue reaching $236 million, a year-on-year increase of 29%. The non-GAAP operating profit margin was 17%. The company expects revenue for fiscal year 2026 to be between $936 million and $942 million. The company revealed that the number of customers with annual recurring revenue (ARR) exceeding $500,000 reached 10,338, an 11% year-on-year increase; the number of customers with annual recurring revenue exceeding $1 million reached 1,344, a 25% year-on-year increase. The dollar-based net retention rate was 121%. Additionally, the company signed a three-year strategic cooperation agreement with Amazon Web Services (AWS). This agreement will expand the application scope of GitLab Dedicated, a single-tenant product that helps enterprises and public sectors in highly regulated industries meet complex compliance requirements while utilizing cloud infrastructure, including data residency, isolation, and private network requirements. GitLab's Chief Financial Officer Brian Robins pointed out, "Our team achieved strong performance in Q2 of fiscal year 2026, with revenue growth of 29% and a significant year-on-year increase in operating profit margin. GitLab's continued growth reflects the transformative value that enterprises gain through our unique platform—our DevSecOps platform is cloud-agnostic, model-neutral, and has comprehensive contextualized AI capabilities covering the entire process from planning to deployment, and can operate in any environment, including air-gapped environments (physically isolated from external networks)."