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Gitlab (GTLB) Reports Q1 Earnings: What Key Metrics Have to Say
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For the quarter ended April 2025, GitLab Inc. (GTLB - Free Report) reported revenue of $732.4 million, up 332.9% over the same period last year. EPS came in at $0.17, compared to $0.03 in the year-ago quarter.
The reported revenue represents a surprise of -2.35% over the Zacks Consensus Estimate of $750 million. With the consensus EPS estimate being $0.08, the EPS surprise was +112.50%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Gitlab performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- License-self-managed and other: $20.03 million versus the seven-analyst average estimate of $21.36 million. The reported number represents a year-over-year change of +11.2%.
Revenue- Subscription-self-managed and SaaS: $194.48 million compared to the $191.15 million average estimate based on seven analysts. The reported number represents a change of +28.6% year over year.
Revenues- Subscription-SaaS: $64.19 million versus the two-analyst average estimate of $64.10 million.
Revenues- License-self-managed: $15.03 million versus the two-analyst average estimate of $16.64 million.
Revenues- Subscription-self-managed: $130.30 million versus the two-analyst average estimate of $127.34 million.
Revenues- License-Professional services and other: $5 million compared to the $4.37 million average estimate based on two analysts.
Shares of Gitlab have returned -9.1% over the past month versus the Zacks S&P 500 composite's +6.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Gitlab (GTLB) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended April 2025, GitLab Inc. (GTLB - Free Report) reported revenue of $732.4 million, up 332.9% over the same period last year. EPS came in at $0.17, compared to $0.03 in the year-ago quarter.
The reported revenue represents a surprise of -2.35% over the Zacks Consensus Estimate of $750 million. With the consensus EPS estimate being $0.08, the EPS surprise was +112.50%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Gitlab performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- License-self-managed and other: $20.03 million versus the seven-analyst average estimate of $21.36 million. The reported number represents a year-over-year change of +11.2%.
- Revenue- Subscription-self-managed and SaaS: $194.48 million compared to the $191.15 million average estimate based on seven analysts. The reported number represents a change of +28.6% year over year.
- Revenues- Subscription-SaaS: $64.19 million versus the two-analyst average estimate of $64.10 million.
- Revenues- License-self-managed: $15.03 million versus the two-analyst average estimate of $16.64 million.
- Revenues- Subscription-self-managed: $130.30 million versus the two-analyst average estimate of $127.34 million.
- Revenues- License-Professional services and other: $5 million compared to the $4.37 million average estimate based on two analysts.
View all Key Company Metrics for Gitlab here>>>Shares of Gitlab have returned -9.1% over the past month versus the Zacks S&P 500 composite's +6.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.