---
title: "GitLab publishes investor Business Update, reports CRR now >$20M and Q1 FY27 results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292075014.md"
description: "GitLab released investor slides on July 8, 2026, reporting a refined Paid Consumption Run Rate (CRR) exceeding $20 million as of June 30, 2026. The company reaffirmed Q1 FY27 results: revenue of $264M (23% YoY growth), non-GAAP operating margin of 14%, and adjusted free cash flow of $147M. Additionally, GitLab launched its Flex consumption-based buying program in Q2 FY27."
datetime: "2026-07-08T13:13:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292075014.md)
  - [en](https://longbridge.com/en/news/292075014.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292075014.md)
generator: "portal-rs"
---

# GitLab publishes investor Business Update, reports CRR now >$20M and Q1 FY27 results

**GitLab published investor slides showing consumption run rate now above $20 million and reaffirming Q1 FY27 operating and cash-flow metrics.**

**Key Highlights:**

-   Filed Business Update slides on July 8, 2026 to be used in investor presentations; slides furnished as Exhibit 99.1.
-   Paid Consumption Run Rate (CRR) metric refined to include Flex and exclude certain one-time credits; updated Q1 paid CRR ~ $15M (adjusted) and surpassed $20M as of June 30, 2026.
-   Flex consumption-based buying program launched in Q2 FY27 with initial agreements closed and pipeline of additional DAP + Flex opportunities.
-   Reported Q1 FY27 results: Revenue $264M, 23% YoY growth, non‑GAAP operating margin 14% and adjusted free cash flow $147M (56% margin).

Original SEC Filing: Gitlab Inc. \[ GTLB \] - 8-K - Jul. 08, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**