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Compared to Estimates, Gitlab (GTLB) Q2 Earnings: A Look at Key Metrics
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For the quarter ended July 2026, GitLab Inc. (GTLB - Free Report) reported revenue of $286.25 million, up 21.3% over the same period last year. EPS came in at $0.24, compared to $0.24 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $273.3 million, representing a surprise of +4.74%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being $0.18.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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: $27.94 million versus $25.76 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +20.1% change.
Revenue- Subscription-self-managed and SaaS: $258.31 million versus $247.31 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +21.5% change.
Revenue- SaaS: $97.6 million versus the two-analyst average estimate of $91.5 million. The reported number represents a year-over-year change of +35.5%.
Revenue- License-self-managed: $20.66 million compared to the $20.6 million average estimate based on two analysts. The reported number represents a change of +13.9% year over year.
Revenue- Subscription-self-managed: $160.71 million versus $154.68 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.3% change.
Revenue- Professional services and other: $7.28 million compared to the $6.26 million average estimate based on two analysts. The reported number represents a change of +41.8% year over year.
Shares of Gitlab have returned +23.6% over the past month versus the Zacks S&P 500 composite's +2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Gitlab (GTLB) Q2 Earnings: A Look at Key Metrics
For the quarter ended July 2026, GitLab Inc. (GTLB - Free Report) reported revenue of $286.25 million, up 21.3% over the same period last year. EPS came in at $0.24, compared to $0.24 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $273.3 million, representing a surprise of +4.74%. The company delivered an EPS surprise of +33.33%, with the consensus EPS estimate being $0.18.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Gitlab performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Gitlab here>>>
Shares of Gitlab have returned +23.6% over the past month versus the Zacks S&P 500 composite's +2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.