Q2 FY2027 EarningsQ2 FY27 beat revenue consensus by 4.72%, reaching $286.3M, fueled by a 35.5% YoY surge in SaaS revenue and a 17% increase in $100k+ ARR customers. However, gross margin of 84.06% missed the 86.57% consensus by 2.51pct due to intensified cloud hosting costs for AI and SaaS infrastructure. While GAAP EPS of -$0.22 missed the -$0.19 mean estimate following $23.3M in restructuring charges, normalized operating profitability significantly exceeded expectations.
Financial report interval: 2026.05.01 - 2026.07.31
Overview: GitLab(GTLB) the Revenue is 286.25 M (+21.31%), Beat estimate;the EBIT is 42.57 M (+7.57%), Beat estimate;the EPS is -0.22 (-266.7%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.29B21.31%
0.27B15.85%
+0.01B5.46%
EBITExceed expectations
0.04B7.57%
0.03B21.02%
+0.01B28.59%
EPSMiss expectations
-0.22266.67%
-0.193221.72%
-0.027044.95%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf