GitLab Inc. (GTLB) Announced Q4 2026 Earnings on March 3, 2026, Reporting "Q4 revenue was $260 million, up 23% year-over-year".
GitLab Inc. reported its fourth quarter and fiscal year 2026 financial results, with management noting that Q4 revenue was $260 million, up 23% year-over-year.
For the full fiscal year 2026, revenue grew 26% to $955 million, and adjusted free cash flow grew 83% to $220 million.
Fourth quarter non-GAAP operating income was $53.4 million, representing an operating margin of 20.5%.
The company's Board also authorized a first-time share repurchase program of $400 million.
Management outlined five specific strategies to improve growth at scale for fiscal year 2027, which include reaccelerating first orders, scaling sales capacity, expanding product packaging, engaging price-sensitive customers, and executing an AI strategy.
The company is entering the new fiscal year with its highest sales capacity ever and has overhauled territory design. On the product front, the company launched the GitLab Duo agent platform in mid-January, which introduces usage-based pricing alongside the company's seat model.
For forward guidance, management expects first quarter fiscal year 2027 total revenue of $253 million to $255 million, representing approximately 18% to 19% year-over-year growth.
The company also expects first quarter non-GAAP operating income of $32 million to $34 million and non-GAAP net income per share of $0.20 to $0.21.
Management noted they are assuming minimal revenue contribution from the GitLab Duo agent platform in fiscal year 2027 as they allow time to convert pilots into production deployments.