GTLB News
R40 coverage for GitLab Inc. (GTLB).
R40 Coverage
GTLB Q2 FY2027 reported earnings analysis
GitLab beat its own July guide by $13.3 million and raised the fiscal year by $16.0 million — of which $2.7 million is the second half. Non-GAAP operating margin came in at 14.9% against a guided 10.9–11.8%, and the raised guide still excludes up to $13 million that the new Flex contract will defer out of the year.
GTLB Q2 FY2027 earnings preview
GitLab guides the July quarter to 15.7% revenue growth against 23.1% in April, and guides non-GAAP operating margin down to 11.4% from 14.2% — in the quarter it removes a seventh of its workforce, on a basis that already excludes the restructuring charge.
GitLab Joins Coverage: It Bought Its Own Stock at $21.04 and Trades at $46.54 the Day Before Earnings.
GitLab joins coverage the day before its July-quarter print, scoring 78.7 on the Rule of 40 in the April quarter and 51.1 on a trailing basis — with a consensus price target $7.63 below where the stock closed.