GitLab Inc. (GTLB) Earnings Call Transcripts
GitLab Inc.'s Latest Earnings Call - June 10, 2026
In the first quarter of fiscal year 2027, GitLab Inc. reported a significant milestone, surpassing $1 billion in annual revenue, driven by a 30% increase in new paying customers year-over-year. The company achieved revenues of $250 million for the quarter, exceeding analyst expectations of $240 million, marking a 25% year-over-year growth. Management maintained a positive outlook, highlighting the transformative impact of AI on their platform and signaling continued investment in agentic infrastructure, which is expected to drive further growth in the upcoming quarters.
Reported metrics
| Metric | Value |
|---|---|
| Quarterly Revenue | $250M (beat) |
| Annual Revenue | $1B (positive) |
| New Paying Customers Growth | 30% (positive) |
| Weekly Active Users Growth | 1,000% (positive) |
| Code Contributions Growth | 100% (positive) |
| CI/CD Pipeline Speed Improvement | 42x faster (positive) |
Guidance from management
Management maintained a positive outlook for the upcoming quarters, emphasizing continued investment in AI and agentic infrastructure. They expect to see further growth driven by these innovations, with no changes to previous guidance provided.
What management said
Nick, I'll start with you. Thank you for being a design partner on this initiative. You have the unenviable job of managing the coding infrastructure for perhaps one of the most demanding software engineering teams in the world. Tell us what you're seeing.
Yes. And this is not just a problem that is an Anthropic problem. All of you, as you scale your coding efforts, your development efforts in the agentic era, these are problems that either you're already running into or will be running into very soon. Now Kranti, you've been tackling this problem now. I gather you have something to show us.
What analysts pressed on
Analysts expressed concerns about the scalability of GitLab's infrastructure as user engagement increases. There were questions regarding how the company plans to maintain quality and security amidst rapid growth, with Staples acknowledging, 'Speed without control is chaos.'
Main topics on the call
- Revenue Milestone Achievement — GitLab surpassed $1 billion in annual revenue, a significant milestone for the company. CEO Bill Staples noted, 'We just surpassed $1 billion in annual revenue last quarter,' highlighting the company's growth trajectory.
- Customer Growth and Engagement — The company reported a 30% increase in new paying customers compared to the previous year, indicating strong demand for its offerings. Management stated, 'We've seen 100% double the number of code contributions into GitL...
- AI-Driven Product Enhancements — GitLab's focus on AI is reshaping its product offerings, with the launch of the Duo agent platform leading to a 1,000% growth in weekly active users. Staples emphasized, 'AI is transforming software engineering,' pointin...
- Security and Compliance Innovations — Management introduced new governance capabilities for agents to enhance security and compliance, stating, 'We are expanding on top of GitLab Ultimate recently by bringing agents to security to automate a lot of these tas...
Read the full GitLab Inc. transcript (June 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About GitLab Inc.
GitLab Inc. (GTLB) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 37 calls on record spanning December 6, 2021 to June 10, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 37 GitLab Inc. earnings call transcripts on record, spanning December 6, 2021 to June 10, 2026. Based on this history, GitLab Inc. reports quarterly. The most recent call on file is dated June 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- GTLB
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 37
- First call
- December 6, 2021
- Most recent
- June 10, 2026
- Reporting cadence
- quarterly