GitLab Q4 EPS Beats, Revenue Up 23% but Forecast EPS Misses 24%
GitLab reported Q4 adjusted EPS of $0.30, beating consensus by $0.07, and revenue rose 23% to $260.4M. The company forecast fiscal 2027 EPS of $0.76–$0.80, 24% below street estimates, while guiding revenue of $1.11B and authorizing a $400M share repurchase.
1. Strong Q4 Performance
GitLab posted Q4 fiscal 2026 adjusted EPS of $0.30, beating estimates by $0.07, and delivered revenue of $260.4 million, up 23% year-over-year. Non-GAAP operating margin improved to 21%, with operating cash flow of $45.8 million and adjusted free cash flow of $41.8 million.
2. Conservative FY2027 Guidance
Management forecast fiscal 2027 EPS of $0.76 to $0.80, roughly 24% below analyst expectations, while guiding revenue of $1.10 to $1.12 billion, exceeding estimates by about 11%. First-quarter revenue is expected at $253 million to $255 million, with EPS of $0.20 to $0.21.
3. Capital Return and ARR Milestone
The company crossed $1 billion in annual recurring revenue for fiscal 2026 and generated $219.6 million in adjusted free cash flow. GitLab’s board approved a $400 million share repurchase program to support shareholder returns and confidence in long-term growth.